African Union Launches $30 Billion Plan to Modernize Aviation Infrastructure
Addis Ababa – October 31, 2025 — The African Union (AU) has announced a landmark US$30 billion continental aviation modernization initiative aimed at transforming...
Ethiopian Airlines and Chapa Partner to Enable Seamless Card Payments for Ethiopian Travelers
Addis Ababa, Ethiopia — October 30, 2025 — Ethiopian Airlines, Africa’s largest airline group, and Chapa Financial Technologies S.C., Ethiopia’s leading fintech company, have...
First Addis Investment Bank Enters Ethiopia’s Emerging Capital Market
Ethiopia, one of Africa’s six largest economies, is home to more than 2.2 million businesses and 32 commercial and development banks. Yet, despite this...
Ethiopia Announces New Fuel Market Share Formula by City
The Ethiopian government has unveiled a new market share formula for fuel products, aimed at ensuring fair distribution across the country. The formula categorizes...
Berhan Bank Reports 54.7% Earnings Per Share in 2024/25 Financial Year
Berhan Bank S.A. held its 16th Annual General Meeting of Shareholders on October 18, 2018, at Millennium Hall in Addis Ababa. During the meeting,...
Ethiopian Electric Power Announces Tariff Hike for Crypto Mining Operations
Addis Ababa, Ethiopia – October 29, 2025Ethiopian Electric Power (EEP) has issued an official notification to all data mining customers in Addis Ababa, confirming...
