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…
Awash Bank, Ethiopia’s largest private bank, has partnered with Service Cops, a Ugandan financial technology company, to offer digital microloans.
Awash Bank and Service Cops, one of Uganda’s top Financial Technology and Business Process Outsourcing (BPO) firms, have achieved an additional milestone agreement to extend their digital-strategy support partnership, which…
Chinese Companies Show Strong Interest in Investing in Ethiopia’s Mining Sector
Ethiopia is rich in natural resources, including gold, silver, copper, oil and gas reserves. The mining sector has been one of the key drivers of the Ethiopian economy, contributing significantly…
Ride Has Entered The Field Of Food Delivery At A Minimum Fee Of 200 Birr.
One of the top ride-hailing services in Ethiopia, Ride, is getting ready to introduce a new food delivery service to its customer base. The company has disclosed that it has…
Facebook Content Moderators in Kenya Sue Meta Over Unlawful Dismissal
A tech rights group announced Monday that a group of Facebook content moderators in Kenya is suing the platform’s parent company Meta and two outsourcing firms. The lawsuit got filed…
Ethiopia targets $7 billion revenue from animal products in the next decade
In the next ten years, Ethiopia targets earning $7 billion revenue from the sale of animal goods. Despite having abundant animal resources, the Ethiopian Livestock Development Institute (ELDI) reports that…
US Secretary of State Anthony Blinken announced $331 million in aid for Ethiopia’s humanitarian access and restoration.
Anthony Blinken, United States Secretary of State, touched down in Ethiopia late Tuesday. As reported by Aljazeera news, he met with representatives of civil society organizations and those in charge of…
The Impact of the Prohibition on Bajaj transportation
Transportation is an essential component of modern life, especially in countries where people have to travel long distances to reach their destinations, or walk a long way to take a…
A 350 million birr cold storage facility take root in Modjo
A private company commanding the lion’s share of the market in the horticulture logistics sector is making headway to establish a cold storage facility in Modjo town, Oromia, with an…
Mekedonia Charity Homes Fundraiser Surpasses $1.6 Million in 24 Hours
The Mekedonia Charity Homes is gaining popularity in Ethiopia and beyond, thanks to a successful fundraiser campaign led by Ethiopian comedian, Eshetu Meles. The campaign, which is aimed at raising…