Haile Hotel Shashemene Reopens After 600M Birr Expansion
Haile Hotel Shashemene Reopens After 600M Birr Expansion: 7 Big Upgrades Guests Will Love Haile Hotel Shashemene is…
Category: Market
GERD Lake: Africa’s New Inland Sea (74 BCM, 1,874 km², 70 Islands)
Short take: Ethiopia’s Grand Ethiopian Renaissance Dam (GERD) has created GERD Lake—a water body big enough to rank…
Al-Amoudi’s Fortune Surges Back to $8B as Preem Battles Energy Market Headwinds
Ethiopia’s Richest Man Rebounds Ethiopian-born billionaire Mohammed Al-Amoudi has seen his fortune rebound sharply in 2025, climbing to…
Investor Demand Doubles in Ethiopia’s 19.7B ETB Treasury Bill Auction
Addis Ababa – August 29, 2025 – Ethiopia’s latest Treasury Bill (T-bill) auction has shown booming investor interest,…
Ethiopia to Ease Bank Lending Cap, Unlocking 1.3 Trillion Birr in Credit
ADDIS ABABA, Ethiopia – August 29, 2025 – Ethiopia is set to lift the long-standing cap on bank…
How Ethiopia’s Economic Future Is Being Anchored in Its Peripheries
For decades, Ethiopia’s economy has been tethered to its central highlands. Addis Ababa’s industrial parks, Oromia’s coffee, and…
Commercial Bank of Ethiopia Announces New Service Fee Adjustments
Commercial Bank of Ethiopia Announces New Service Fee Adjustments Effective September 28, 2025 ADDIS ABABA – The Commercial…
Why Dangote Chose Gode: Ethiopia’s $2.5B Fertilizer Gamble
ADDIS ABABA / GODE – Once dismissed as a remote and insecure outpost in Ethiopia’s Somali Region, Gode…
Boeing Eyes Ethiopia’s Bole Airport for 777X Testing
Boeing Co. is preparing to test its next-generation 777X wide-body at Addis Ababa Bole International Airport, in a…
Ethiopian Airlines to Launch Direct Flights to Yabelo with Special Discounted Fares
ADDIS ABABA, Ethiopia – Ethiopian Airlines, Africa’s largest and most profitable carrier, is pleased to announce that it…
