Ethiopia holds virtual business forums with Ukraine and South Korea

Ukraine and South Korea are two of the countries that have exponentially increased their trade ties…

Ethiopian government to sell ten sugar companies in an effort to manage outstanding debt

The Liability and Asset Management Corporation was recently established to mitigate the outstanding debts of seven…

Desert Technologies expresses interest in investing in Ethiopia

Ethiopia has recently been actively seeking and engaging with energy firms involved in the renewable energy…

Ethiopia has launched the fifth phase of its Productive Safety Net Programme in collaboration with the U.S government

The programme is a multi-billion dollar initiative by the Ethiopian government to create a public safety…

Ethio Life and General Insurance reaches agreement with US-based software company to digitise its services

The agreement is for Beyontec to provide their Beyontec Suite services to Ethio Insurance.

Ministry of Finance and Ministry of Trade and Industry pass directives on the price of oil, cement, rebar, and ceramics

The directives have been issued as part of efforts to mitigate the price surges rampaging across…

Ethiopia signs grant agreement with South Korea’s International Cooperation Agency

The agreement is going to finance three projects over five years.

Redfox Solutions to add its data centre to the growing list of centres in Addis Ababa

The data center is slated to begin operations as early as September of this year.

Boost with Facebook for Tourism Ethiopia launched

The program was launched as a pilot back in August 2020 and supported 5,000 businesses in…

Savannah Fund launches Savannah Fund II

The fund is intended to finance Series A investments in fintech, education, logistics, eCommerce, Saas, healthcare,…