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…

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…

Vodacom’s Anwar Soussa named head of Global Partnership for Ethiopia

The partnership aims to start operations in Ethiopia as early as 2022.

Council of Ministers approves the receipt of USD 1.13 billion in loans

The loans are going to be used to finance four development projects that the government is…

Zafree launches crowdfunding campaign

Zafree is seeking to raise EUR 200,000 to construct new storage sheds that will facilitate delivery…

Berebera Port’s renovated container terminals begin operations

The new terminals have the capacity to house 500,000 containers at a time and service more…

The Irrigation Development Commission signs USD 94 million agreement with Korea’s Rural Development Cooperation

The funding is going to be repaid after 25 years and falls under the “soft loan”…

Ethio Telecom and Ericsson collaborate for the provision of 4G services

Ericsson Technologies has been a partner of Ethio Telecom since 1894 and has seen Ethiopia through…

US International Development Finance Corporation receives waiver for Global Partnership for Ethiopia

Funding from the USIDFC was expected to be halted due to US government sanctions on Ethiopian…

Addis Ababa’s Housing Development and Administration Agency gives update on the housing crisis

The administration says that it may take upto 30 years to solve the city's housing crisis.