IMF and Ethiopia Reach Preliminary Agreement on $3.4 Billion Extended Credit Facility
Addis Ababa, Ethiopia – It was announced today that the International Monetary Fund (IMF) and the Ethiopian government have reached a preliminary agreement...
Unlocking Ethiopia’s Gemstone Potential: Haimanot Sisay’s Journey as the First Gemstone School Founder
Haimanot Sisay's journey from studying computer science to becoming a pioneering gemologist in Ethiopia is a compelling tale of passion, perseverance, and the transformative...
Ethiopia’s Government Considers Berbera Port for Fuel Imports as Djibouti Depot Faces Capacity Declines
The Ethiopian government is awaiting a decision regarding the importation of fuel through Berbera Port in Somaliland, a move prompted by ongoing issues with...
Zemen Bank Mobilizes Over $500 Million in Foreign Currency During 2023/24 Fiscal Year
Zemen Bank has announced that it successfully mobilized over $500 million in foreign currency during the 2023/24 fiscal year. The bank reported a total...
Car Fuel Queues in Addis Ababa: Not a Supply Issue
Recent observations at gas stations across Addis Ababa have raised concerns about fuel availability; however, officials assert that the long lines are not due...
Ethiopia Launches First-Ever Livestock Transport by Train to Djibouti
For the first time, Ethiopia has started transporting livestock by train to Djibouti.
Chief Executive Officer of the Ethio-Djibouti Railway Joint Stock Company, Engineer Takele...
