French telecom giant Orange S.A., submits expression of interest letter for Ethio Telecom stakes
Orange had previously expressed interest in bidding for one of the two telecoms licenses that the Ethiopian Communications Authority was…
ESLSE, Ministry of Trade and Industry submit LC extension request to National Bank of Ethiopia
ESLSE had submitted a request for the extension to the Ministry of Trade and Industry last month, and now the…
German investors accuse Turkey of illegally acquiring investment in Ethiopia
Turkish state-run Maarif Foundation has acquired more than 126 schools previously run by the Gülen Movement in 44 countries but…
Overview of Ethiopian Electric Power’s performance during the last fiscal year
While the revenue brought in by the organisation fell short of its goal for the year, it exceeded the amount…
Hibret Bank receives ISO accreditation
Enhancing this achievement is the fact that Hibret Bank implemented the latest version of its core banking system and online…
Save Tigray adopting NFTs to raise money for Tigray cause
This is the first time that NFTs are going to be used to fund charity; NFTs earn loyalty for every…
Ethiopia seeks to restructure debt for over USD 1 billion
Ethiopia adopted the Debt Service Suspension Initiative of the G20 Summit back in February to restructure USD 2.5 billion in…
Ethiopia wins big at the Permanent Court of Arbitration against Israel based fertiliser giant
Israel Chemicals filed the lawsuit seeking USD 178 million in compensations, but the court ruled in Ethiopia’s favour.
Vodacom’s Anwar Soussa named head of Global Partnership for Ethiopia
The partnership aims to start operations in Ethiopia as early as 2022.
Prime Minister Abiy reports on Ethiopia’s economic situation to the House of People’s Representatives
Ethiopia’s foreign trade earnings have grown by 18 percent to USD 3.5 billion.