Fitch Downgrades Ethiopia to ‘CCC-‘; Removes From UCO
Fitch's proprietary SRM assigns Ethiopia a score equivalent to a rating of 'CCC+' on the Long-Term Foreign-Currency IDR scale. However, in accordance with its...
Commercial Bank of Ethiopia (CBE) has resumed services in Shire, Alamata and Korem
Commercial Bank of Ethiopia (CBE) has resumed services in Shire, Alamata and Korem following the recent peace agreement.
The bank noted that it was also...
Its Official : Ethiopian Airlines Announced As Partner For Nigeria Air
The Nigerian Government announced that Ethiopian Airlines, Africa’s most prominent air carrier, was selected as a strategic partner and 49% shareholder of Nigeria Air. A breakdown of...
Ethiopia cancels gas, oil exploration contract with Chinese firm
ADDIS ABABA, Ethiopia
Ethiopia has canceled its contract with a Chinese company exploring oil and gas in the country since 2013, the government announced on...
Nigeria Set To Choose Ethiopian Airlines As Core Investor Of New Flag Carrier
Nigeria has confirmed that Ethiopian Airlines has been chosen as the core investor and partner for the country's new flag carrier. Nigeria Air has...
TPLF announced a separate ceasefire
The Government of Tigray's Stance on a Peaceful Resolution of the Current Conflict Today, September 11, 2022, Ethiopians in and outside the country are...
