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Business

Denmark Strengthens Bilateral Support for Ethiopia’s Prosperity – Danish Ambassador

Denmark is set to enhance its bilateral support for Ethiopia's development efforts, Danish Ambassador Benedikte Astrup has announced. Speaker of the House of People's...

$700M World Bank Loan to Transform Ethiopia’s Financial Sector Stability

Ethiopia’s Ministry of Finance has partnered with the World Bank by signing a $700 million financing agreement aimed at enhancing the stability, sustainability, and...

Israeli Investors Invited to Explore Opportunities in Ethiopia’s Transport and Logistics Sector

Israeli investors have been encouraged to take part in Ethiopia’s growing transport and logistics sector, which is open to...

Ethiopia’s New Banking Proclamation Allows Foreign Bank Entry

A new banking business proclamation approved by Ethiopia's parliament now allows foreign banks to enter the Ethiopian market. The...

Boeing 777 Recently Delivered to Ethiopian Airlines Faces In-Flight Emergency

An Ethiopian Airlines Boeing 777, recently added to the fleet, declared an emergency during a routine flight from Addis...

The Electric Transmission Line Extension from Kenya to Tanzania Begins Trial Power Supply

The Ministry of Water and Energy has announced the commencement of trial power transmission on the newly extended electric...

BIT Mining Expands Operations with New Acquisitions in Ethiopia

BIT Mining, a cryptocurrency mining company listed on the New York Stock Exchange, has taken significant steps to expand...

Sudan Launches Urgent Currency Overhaul to Tackle Economic Chaos Amid Conflict

Sudan’s government announced the initiation of a currency exchange program in six states, set to begin on December 10....