Safaricom’s Ethiopia Bet Begins to Pay Off as Group Profit Surges 67%
For years, Ethiopia was viewed as Africa’s final major telecom frontier — a vast market of more than 120 million people with enormous digital...
Ethiopia’s Gold Exports Surge 747% to $3.46 Billion After FX Reforms
For years Ethiopia’s gold trade operated like an open secret.
The country officially exported modest quantities of gold, earning a few hundred million dollars annually....
98B Birr Controversy: Police vs Media Over 9-Month Crime Report
A significant dispute has emerged between one of Ethiopia’s most prominent newspapers, The Reporter, and the Ethiopian Federal Police (EFP). The clash centers on...
10 Marriott Deals in One Move: MIDROC’s Massive Tourism Bet
Ethiopia’s push to position itself as a leading African tourism destination is gaining momentum, as MIDROC Investment Group announced a major new hospitality project...
Ethiopia Unveils Felege Gion Eco Resort: A 4.5 Billion Birr Tourism Bet
Ethiopia has taken another major step in its ambitious push to transform the Lake Tana corridor into a premier tourism destination, with the inauguration...
MIDROC Inaugurates Modern Milk Processing Factory
MIDROC Investment Group has inaugurated a new, state-of-the-art UHT (Ultra-High Temperature) milk processing factory today.
The inauguration ceremony was attended by Addis Ababa Mayor Adanech...
