The Reporter Draft proclamation proposes raising NBE authorized capital to 20 billion birr Amendments under an upcoming re-establishment proclamation for the National Bank of Ethiopia (NBE) propose...
Source: The Reporter The state-owned Ethio-Engineering Group is set to shell out nearly five billion birr on the launch of new domestic assembly lines for heavy, dump, and pickup trucks. The former...
Cash transfer service M-PESA is eyeing a chunk of the remittances to Ethiopia which are estimated at $5 billion annually. Last year, the World Bank stated that the remittances flow to...
Source: Ethiopian Monitor ADDIS ABABA – Eleven domestic and foreign companies secured lease contracts to set up their manufacturing plants inside Ethiopian industrial parks. The Industrial Parks...
Source: Africa Business Communities Ethiopian Airlines, Africa’s largest carrier, today announced a landmark $450 million loan agreement that will finance five new Boeing aircraft: three Boeing...
Source: ZAWYA The Horn-of-Africa nation is turning to renewable energy to boost electricity coverage Ethiopia has signed an agreement with United Arab Emirates' AMEA Power for the construction of a...
Source: Ethiopian Monitor ADDIS ABABA – The Ethiopian Investment Commission (EIC) pledged support for Chinese investors keen to engage in priority sectors. EIC officials are part of the high-level...
Visit the spectacular Addis Ababa and tap the unseen locations of this beautiful African city. Ride through the hills of this beautiful town at Equus and see wonderful churches, palaces, and...
Ethiopia is the second African country after South Africa that has introduced an electric car, even though facing power shortages. Holland cars Ethiopia is established as a partnership between...
