Ethio Telecom Sells Only 10.7% of 100 Million Shares After 121 Days of IPO Offering
Share Sale Results: Only a Fraction Sold
Six months after launching Ethiopia’s first-ever Initial Public Offering (IPO), Ethio telecom announced it had sold just 10.7...
Lemi National Cement Powers Ethiopia’s Construction Boom with Over 12 Million Quintals Delivered
Lemi National Cement PLC is making major waves in Ethiopia’s construction industry, having supplied more than 12 million quintals of cement in just six...
National Bank of Ethiopia Launches Modernized Ethiopian Automated Transfer System
The National Bank of Ethiopia (NBE) has officially launched the enhanced Ethiopian Automated Transfer System (EATS), a landmark upgrade that now operates using the...
Boeing Expands African Presence with New Office in Addis Ababa
Addis Ababa, Ethiopia – April 23, 2025 – In a move underscoring its long-term commitment to the African aviation industry, Boeing has officially opened...
Ethiopian Airlines Doubles Weekly Flights to Lagos, Nigeria
Addis Ababa, April 21, 2025 — Ethiopian Airlines has announced a major expansion in its flight services to Lagos, Nigeria. Beginning June, 2025, the...
Ethiopis Tafara Appointed as World Bank’s IFC Vice President for Africa
April 1, 2025 — Ethiopis Tafara has officially assumed his new position as Vice President for Africa at the International Finance Corporation (IFC), part...
