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While China’s global competition has been a well-known fact, Beijing now signals an expansion of its ambitions in the Horn of Africa, as evidenced by Ethiopia’s recent acknowledgement that China has become the East African nation’s leading source of foreign direct investment, lar...

The Ethiopian Capital Market Authority (ECMA) discloses that it is under discussion with the National Bank of Ethiopia (NBE) to explore avenues for current retail financial firms to step up as investment banks with a separate subsidiary in the upcoming capital market.

The agreement will enable Adama administration to use ICT technologies and settle service payments via telebirr digital payment system to bring about the efficiency of the city’s operation and government services.

Ministry of Finance finalizes preparations for a new incentive regulation to be applied in free trade zones as the country inaugurates the first free trade zone in Dire Dawa.

Ethiopian Shipping and Logistics Services Enterprises (ESLSE) floatation of an additional supply of150 heavy trucks catches the eye of six international companies.

By its own self-assessment, the Ministry of Transport and Logistics (MoTL) projects that the logistics efficiency of Ethiopia will stand at 114th position in the logistics performance index with slight improvements.

Lootah Industries PLC; a local company located in Addis Ababa Haile Garment area, started development of this high-tech facility 2 years ago and after investing US$ 4 million into the factory they are going to start production this year.

Ethiopia recognizes winners of Cup of Excellence (CoE) Ethiopia 2021. This year’s competition, which is the second, has blazed to register different records in the cupping industry similar to last year.

Global partnership for Ethiopia signs the historical telecom licensing agreement with the government of Ethiopia on Tuesday June 8, 2021 to start its operation in Ethiopia.