Federal Housing Corporation Posts 9.34B Birr Earnings, Surpassing Targets
Ethiopian Investment Holdings (EIH) has launched a review of the Federal Housing Corporation (FHC), following a year of record-breaking results and renewed ambitions for...
Security Forces Cancel Ashenda and Shadey Festivals in Addis Ababa Without Explanation
Ashenda, Shadey, and Solel: A Celebration of Womanhood in EthiopiaAshenda, Shadey, and Solel are regional names for a cherished annual festival in Ethiopia dedicated...
Ethiopia’s Largest Gold Mine Set to Launch in 2026
Ethiopia is on the verge of becoming one of Africa’s newest large-scale gold producers with the launch of the Kurmuk Gold Mine Project in...
Ethiopia Pauses Plan to Sell 35% of Ethio Telecom Shares
The Ethiopian government has shelved its plan to sell 35% of Ethio Telecom to foreign investors, stalling a key step in the country’s much-publicized...
Ethiopian Airlines Expands Nigeria Operations with 33 Weekly Flights
Adds New Evening Service from Abuja Starting October 28
Ethiopian Airlines is ramping up its Nigeria operations with three additional weekly evening flights from Abuja,...
Businesses Warn USD Shortages Threaten Operations Despite Bank Allocations
Despite Ethiopian banks nearly doubling foreign currency allocations compared to last year, businesses continue to face severe U.S. dollar shortages that threaten daily operations...
