IMF Approves $3.4 Billion Aid Package to Bolster Ethiopia’s Economic Reforms
The International Monetary Fund (IMF) has granted Ethiopia a $3.4 billion Extended Credit Facility (ECF) over four years. This funding, equivalent to 2.55 billion...
Ethiopian Airlines Reports Record $7.02 Billion Revenue Amidst Passenger and Flight Hour Growth
Ethiopian Airlines Group made a statement today announcing that in the last fiscal year, they achieved a total revenue of 7.02 billion dollars, marking...
Teddy Afro Donates 1 Million Birr to Landslide Victims in South Ethiopia
Artist Tewodros Kasahun, also known as Teddy Afro, donated one million birr to the victims of the landslide in Kencho Shacha Gozdi Kebele, Gofa...
Ethiopian Airlines Shocked by Eritrea Suspension After Flight Upgrade Request
Background and Context
The Eritrean Civil Aviation Authority recently announced the suspension of Ethiopian Airlines flights to Eritrea, effective September 30, 2024. The decision was...
From Eritrea to the Champs-Elysées: Biniam Girmay’s Unprecedented Tour de France Triumph
On July 21, 2024, Biniam Girmay made history by becoming the first African cyclist to win the prestigious Green Jersey at the Tour de...
47 Years in the Making: Eneredada Cooperative Battles Sudden Eviction in Addis Ababa
The members of "Eneredada Multipurpose Consumers Union Limited Liability Company," which has been managing two properties behind Mado Hotel and Dessalen Hotel in Bole...
