Addis to Host Aviation Workshop
The Ethiopian Civil Aviation Authority, in partnership with the African Civil Aviation Commission, has organized a workshop aimed at accelerating the Single African Air Transport Market. The workshop, which is…
EEG, CRRC Agree To Manufacture Electric Buses In Ethiopia
Ethiopia’s Ethio-Engineering Group (EEG) and China Railway Rolling Stock Corporation (CRRC) recently held a discussion regarding the potential for producing electric buses in Ethiopia. The two sides have signed a…
Ethiopia Becomes Member Of Int’l Association Of Young Entrepreneurs Consortium
Ethiopia has recently become a member of the International Association of Young Entrepreneurs Consortium, a global network of young entrepreneurs that aims to promote entrepreneurship and innovation. The International Cooperation…
IATA Is Launching “Focus Africa”
The International Air Transport Association (IATA) has launched a new initiative called “Focus Africa” to strengthen aviation’s contribution to African development. The initiative aims to bring together public and private…
COOP Charts a Skyscraper HQ in Addis’ Financial District
Cooperative Bank of Oromia (COOP) has announced its plans to erect a 65-storey building in the financial district of Addis Ababa. The building is expected to be a 4B+G+40 with…
Ethiopia Approves Cashless Gas Station Transactions in Addis Ababa
The Ethiopia Petroleum and Energy Authority (EPEA) announced that as of April 24, 2023, all fuel transactions in Addis Ababa will be exclusively through electronic payment. This move is part…
Customers frustrate over BoA’s Mobile Banking Updates
BOA Mobile, the mobile banking application of Bank of Abyssinia, which boasts 100K+ downloads on Play Store, has been serving customers by enabling them to perform almost all of their…
600+ foreign investors to attend Invest Ethiopia 2023
On April 26, 2023, the Skylight Hotel will host the InvestEthiopia 2023 summit. The Ethiopian Investment Commission held a press conference to discuss the event. D/Commissioner Temesgen Tilahun briefed local…
Habtamu Itefa, Minister of Water and Energy, spoke with Saroj Kumar, Director of the World Bank Group’s Water Global Practice (GP), and his group
They emphasized the necessity for better use and management of the nation’s water resource. It makes connections between the management and endowment of the nation’s water resources and its economic…
Additional 1.65 million barrels per day of surprise oil production cut.
Oil prices spiked sharply in early trading on Monday, with Brent crude, a widely traded crude oil in the global market that is also used as a benchmark for pricing…