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…

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…

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…

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,…

Hibret Bank receives ISO accreditation

Enhancing this achievement is the fact that Hibret Bank implemented the latest version of its core…

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…

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…

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…

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.