Featured Business News
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Tecno to build handset production plant in Ethiopia
Hong Kong-based handset manufacturer Tecno Group has announced it will build a “third phase” mobile ... -
[Blog + Video] Ethiopia and Africa On Rise – FM Tedros Adhanom
Tedros commended the global diversity which he termed as beautiful that should unite people, adding that ... -
The Americans are coming!!! – ‘In-N-Out’ Restaurant in Addis Ababa may face trademark infringement lawsuit
IN-N-OUT will stay in or out of business, depending on whether or not the American IN-N-OUT will have ... -
Mohammed Al Amoudi: Ethiopia’s Richest Man Spots Opportunities At Home
Born in Ethiopia to an Ethiopian mother and Yemeni father, Sheikh Mohammed Hussein Ali Al Amoudi’s ... -
Dreamliner lauded as Ethiopian Air reports record profit
ADDIS ABABA, Ethiopia (AP) – Ethiopian Airlines has made a record profit, the company’s chief ... -
Swedish fashion retailer Hennes and Mauritz said it would expand its network of suppliers to Ethiopia
STOCKHOLM (AFP) — Swedish fashion retailer Hennes and Mauritz (H and M) said Friday it would expand ... -
British firm drills for Ethiopia’s first oil
Do you have a confidence that Africa will be the next prosperous continent? Share your thought ... -
Ethiopia signs $700 mn mobile network deal with China’s Huawei
Do you trust Egypt's assurance of NOT declaring war on Ethiopia? Share your thought ... -
በአዲስ አበባ የቆሻሻ አሰባሰብና አወጋገድ ችግርን ለማቃለል የ26 ተሽከርካሪዎች ርክክብ ተፈፀመ
Is the Ethiopian government fighting corruption hard enough? Share your thought. Yes ...
Latest Business News
Ethiopia: Commission Licenses 224 New Investments
The Ethiopian investment commission announced that it has given 224 new investment licenses in its quarterly report. Among the licenced investments, 202 are foreign direct investments, while the...
ITU Rates Ethio Telecom As the Least Service Provider
The state monopoly ethio telecom has reacted against an undermining report by the International Tale communication Union (ITU).
The report in Information and Communication Technology Development...
Ethiopia’s Agriculture ministry rolls out specialized phone service for farmers
The Ethiopian government has rolled out a new phone service that farmers can call to get information on crops in their native languages. The 8028 service also “pushes” targeted information to...
An Ethiopian delegation is set to arrive in Cairo on Sunday
The delegation is comprised of 40 public figures from all walks of Ethiopian life.
Ethiopian Ambassador in Cairo, Mahmoud Dirir, told reporters that a group of Ethiopian businessmen,...
ECA is set to launch a report on the economic impact of Ebola in Africa
A Media Advisory that the Economic Commission for Africa (ECA) issued today has indicated that it will launch a new report on the impact of the Ebola Virus Disease in West Africa in the whole of the...
Airports enterprise to construct three new airports
The Ethiopian Airports Enterprise (EAE) is to construct three new airports in different parts of the country. The new airports will be constructed in Hawassa,
the capital of the Southern Nations,...
ECX names new CEO
Ermias Eshetu, vice president for Marketing and Corporate Services and one of the founding members and board member of Zemen Bank,
has been picked by the overseeing board of the Ethiopia Commodity...
Ethiopian Named Best Airline to Africa
During a ceremony held in Los Angeles, California, Ethiopian Airlines is awarded as the “Best Airline to Africa” by the US magazine, Premier Traveler.
Commenting on the development Ethiopian...
Ethiopia-Turkey business forum opens in Addis Ababa
The second Ethiopian-Turkish Business Council Forum kicked off on Thursday in Addis Ababa.
“I hope this forum will result in more Turkish investments coming to Ethiopia,” Ethiopian Prime...
Ethiopia says Ericsson to take part of telecom deal after ZTE row
Swedish telecom group Ericsson is set to sign a contract with Ethiopia to expand telecom infrastructure, taking a slice of an $800 million contract from Chinese firm ZTE Corp because of a row over...
A public bank branch to open in Ethiopia
In accordance with Turkey's African Expansion Strategy, a Djibouti and Ethiopian Trade and Engineering Committee was established under Economy Minister Nihat Zeybekci. Speaking at the Ethiopia-Turkey...
Nyota’s Ethiopian exploration licences partially renewed
Gold explorer Nyota Minerals said on Thursday that, following submissions to renew the exploration licences for the Towcester and Brantham projects, in western Ethiopia, the Ethiopian Ministry of...
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