Ethiopian Airlines Expands Cargo Fleet with Boeing 777 Freighter
Ethiopian Airlines, the largest airline in Africa and a leading global air freight operator, has announced the addition of a state-of-the-art Boeing 777 Freighter,...
Mayor Adanech Abebe Launches Construction of Kasanchis-Ayat Residential Village
Addis Ababa, January 15, 2017 (FMC) – Addis Ababa City Mayor, Adanech Abebe, has officially inaugurated the construction of 13,752 residential units in the...
Starbucks Celebrates Ethiopia’s Coffee Heritage with New Single-Origin Release
Starbucks is spotlighting Ethiopia, the birthplace of coffee, with the release of its newest single-origin coffee. The Starbucks Single-Origin Ethiopia whole bean coffee, sourced...
Phoenix Group Signs 80MW Power Deal in Ethiopia to Expand Bitcoin Mining Operations
Abu Dhabi-listed blockchain and cryptomining conglomerate Phoenix Group (PHX.AD) has secured an 80-megawatt (MW) power purchase agreement (PPA) with Ethiopian Electric Power (EEP) as part of its global strategy to...
OVID Holding: Aspiring to Become Ethiopia’s Second Vessel Operator Under Ambitious Five-Year Plan
OVID Holding, a rapidly expanding conglomerate, has announced its intention to become Ethiopia’s second vessel operator as part of an extensive five-year investment plan....
IMF Calls for More Increases in Ethiopia’s Electricity Tariffs Amid Economic Reforms
Partners are calling for additional revisions to address currency rate fluctuations, despite the government’s recent implementation of a long-awaited electricity tariff adjustment in June...
