AliExpress to Expand Local Currency Payments in Ethiopia and Beyond
AliExpress, the global e-commerce platform owned by Alibaba, is set to expand its local currency payment options across several African countries, including Ethiopia, Nigeria,...
Airbus signs Flight Hour Services contract for Ethiopian Airlines’ A350 fleet
Dubai, United Arab Emirates, 17 February 2025 – Airbus has signed a 7-year Flight Hour Services (FHS) contract with Ethiopian Airlines for the comprehensive...
Ethiopia’s Debt Crisis: Why Investors and the IMF Are Clashing
Ethiopia is caught in a financial dispute between international investors and the International Monetary Fund (IMF). At the center of this issue is Ethiopia’s...
Ethiopia Set to Introduce New Passport and Visa System by End of the Month
Ethiopia is set to officially introduce a new passport and visa system by the end of the current Ethiopian month, Yekatit 2017 (February 2025),...
MIDROC Investment Group Breaks Ground on 2.6 Billion Birr Luxury Resort in Hawassa
Hawassa is set to welcome a new era of luxury and hospitality as MIDROC Investment Group officially begins construction on its latest landmark project—a...
Ethiopia’s Inflation Declines as Exports and Foreign Exchange Flows Increase
Addis Ababa, Ethiopia – Ethiopia’s economic landscape is undergoing significant changes, with inflation rates reaching a five-year low, exports witnessing record growth, and foreign...
