Ethiopian Airlines Enterprise plans to establish half a dozen international offshoots before the end of the year as Africa’s biggest carrier steps up efforts to dominate markets across the continent. Ethiopian will take equity stakes in new operators in Zambia, Chad, Mozambique and Gambia while helping to manage existing carriers in Equatorial Guinea and the Democratic […]
Capital Ethiopia By Muluken Yewondwossen During the closed forum that was held on Wednesday, local industrialists claim that government is not providing equal treatments for the Ethiopian investors on FDIs, Capital learnt. Sources revealed that at the meeting held at Sheraton Addis on Wednesday, May 5, local manufacturers have expressed their disappointment on the behavior of […]
The International Monetary Fund said on Tuesday it had agreed a blueprint for the completion of reviews of Ethiopia’s loan programme, taking account of the impact of the coronavirus and the country’s “domestic security situation”. Agreed in December 2019, the three-year programme is worth $2.9 billion. Performance under it has been strong, the IMF said. […]
If you’re traveling to Africa, no doubt you’ll be passing through Addis Ababa at some stage. Those who reach Ethiopia by plane will no doubt be flying into Addis Ababa’s Bole Airport, located just a few km outside of town which means it’s also possible to visit Addis Ababa on a layover, provided you have a few hours to […]
Heirloom coffee is a convenient (sort of) way to describe Arabica coffee plants whose variety may not be easy to ascertain. The term is of particularly abundant usage in reference to Ethiopian coffees, of which there are thousands of varieties, and where a particular producer’s output may include a broad range of these. When these coffees don’t fall into […]
Bloomberg, By Bella Genga Safaricom Plc and parent Vodacom Group Ltd. plan a joint bid for an Ethiopian telecommunications license that they expect to cost as much as $1 billion. The Horn of Africa state is expected to invite bids for two new licenses this month to compete with its monopoly Ethiopian Telecommunications Corp., which is also […]
CGTN Ethiopia on Tuesday launched a China-backed riverside green development project that aims to create a beautiful and healthy environment in the capital city, Addis Ababa. The Addis Ababa riverside development project in its entirety will include the development of 48 hectares of the central square, 51.3-km riverside which runs along the two biggest rivers […]
Crypto News Ethiopia’s Ministry of Peace has announced the launch of a national identification system. Local reports confirm that the system is based on Cardano’s Atala PRISM. The first of Charles Hoskinson’s “birds” has landed in Ethiopia. In recent days, the Cardano inventor has repeatedly used the analogy of birds for upcoming announcements. And as the Ethiopian […]
ETHIOPIA’S INDUSTRIAL PARKS: KEY HIGHLIGHTS Invest Ethiopia Ethiopia’s Industrialization Strategy Ethiopia is implementing phase II of its Growth and Transformation Plan that is anchored on building a solid and vibrant industrial base that will engender structural economic transformation and inclusive growth. The government of Ethiopia’s overarching plan is to make the country the leading manufacturing […]
ET Tech Gurugram-based drone delivery startup TechEagle has partnered with Ethiopian ecommerce marketplace Addis Mercato to deliver healthcare products and essentials using drones in the African nation’s urban and suburban areas. The partnership is the first commercial drone delivery service in Ethiopia, the companies said, and the inaugural test flights are likely to be conducted within the next three months. TechEagle […]
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