WIDU.Africa: Unlocking Entrepreneurial Potential in Ethiopia through Diaspora Collaboration
In a world increasingly focused on harnessing technology to bridge economic divides, WIDU.Africa stands out as an innovative…
Category: Market
Eight Public Development Organizations Officially Join Ethiopian Investment Holding
Eight public development organizations have officially joined Ethiopian Investment Holding. The newly added companies include Ethio Post, Ethio…
MIDROC Investment Group to Build $200 Million Gold Processing Plant in Benishangul-Gumuz, Ethiopia
MIDROC Investment Group, owned by Ethiopian-born Saudi billionaire Mohammed Al-Amoudi, is investing over 26 billion Ethiopian birr (approximately…
Ethio Telecom Claims Company is World’s Cheapest Service Provider
Frehiwot Tamiru, CEO of Ethio Telecom, took the spotlight at Parliament yesterday, answering over 200 questions from lawmakers…
Haile Hotels & Resorts Group Unveils 10th Property in Jimma
JIMMA, ETHIOPIA – Haile Hotels & Resorts Group, a hospitality brand founded 15 years ago, has announced the…
Faida Digital ID Requirement for Bank Account Openings in Addis Ababa Starts to Take Effect Today
Addis Ababa, December 23, 2017 – In a landmark move to streamline banking services and promote financial inclusion,…
National Bank of Ethiopia Holds Policy Rate at 15% to Curb Inflation and Boost Stability
Addis Ababa, December 31, 2024The Monetary Policy Committee (MPC) of the National Bank of Ethiopia (NBE) held its…
Tax and Tensions: Ethiopia’s Car Market Faces Unprecedented Challenges
After the shift to a market-based foreign exchange system, importers have become one of the hardest-hit groups in…
ZamZam Bank, an Emerging Bank, Weighs In on What Foreign Bank Entry Means for Ethiopia
This year, Ethiopia’s economy will invite optimistic phenomena as the nation takes bold steps to reshape its financial…
Ethiopian Airlines Among Five Sanctioned for Passenger Rights Violations by NCAA
The Nigerian Civil Aviation Authority (NCAA) has sanctioned Ethiopian Airlines alongside four other carriers for breaching passenger rights,…
