Ethiopia Adjusts Fuel Prices Amid Global Market Pressure and Domestic Budget Realignments
Addis Ababa, March 23, 2025 — The Ministry of Trade and Regional Integration has revised fuel prices across…
Category: Market
Zemedeneh Nigatu Appointed CEO of Newly Licensed CBE Capital
Zemedeneh Nigatu, a seasoned Ethiopian-American investment advisor, has been appointed the founding Chief Executive Officer of CBE Capital…
How Investment Banks Will Unlock New Opportunities for Ethiopian Entrepreneurs
Ethiopia’s historic decision to allow investment banks in the country is a significant move that has the potential…
Ethiopian Capital Market Authority Licenses Five New Service Providers,
Addis Ababa, Ethiopia – The Ethiopian Capital Market Authority (ECMA) marked a major milestone in the country’s financial…
Ethiopian Airlines and Etihad Airways Forge Landmark Partnership to Boost Connectivity Across Africa, the Middle East, and Asia
Addis Ababa, Ethiopia – March 19, 2025 – Ethiopian Airlines and Etihad Airways have announced a strategic Joint…
Ethiopian Airlines to Launch Direct Flights to Hanoi, Vietnam
Ethiopian Airlines has officially announced the launch of four weekly flights to Hanoi, the capital city of Vietnam,…
Feres Increases Fare by 30 Birr Following Ride’s Price Adjustment
Feres, a major ride-hailing service in Ethiopia, has raised its base fare from 100 birr to 130 birr,…
Moody’s Keeps Ethiopia’s Low Credit Rating—What’s Next for the Economy?
Addis Ababa, March 14, 2025 – Moody’s Ratings has completed its periodic review of Ethiopia’s sovereign credit rating,…
Ethiopian Airlines Expands VIP Charter Services with New Boeing 737-800 Business Jet
Addis Ababa, Ethiopia – March 17, 2025 – Ethiopian Airlines, Africa’s largest and most successful airline, has taken…
5.5-Magnitude Earthquake Strikes Ethiopia’s Afar Region, Tremors Felt in Multiple Cities
A 5.5-magnitude earthquake struck Ethiopia’s Afar region on Sunday, March 7, according to the U.S. Geological Survey (USGS).…
