Business
Sweet Success & Heavy Cargo: EIH Opens Annual Performance Reviews with Big Numbers
Ethiopian Investment Holdings (EIH) kicked off its annual performance dialogue this week, and day one packed a double feature: the...
Read moreDetailsWatts Up, Ethiopia? Inside EEP’s 251 Billion Birr Power Push
Ethiopia is on the move, and the engines of that progress are turning at full speed at Ethiopian Electric Power...
Read moreDetailsEthiopian Diaspora Trust Fund Adds Four New Board Members
The Ethiopian Diaspora Trust Fund (EDTF) has added four new members to its board. They bring experience in aviation, finance,...
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African Development Bank Pledges $500M for Ethiopia’s Record-Breaking Mega Airport
In a deal that signals Ethiopia’s aviation ambitions are about to hit full throttle, the African Development Bank (AfDB) has...
Read moreDetailsOromia Cooperative Bank announces it has provided a loan of thirty billion birr without collateral
In the bustling markets of Ethiopia, where roadside stalls and small kiosks have long been the beating heart of local...
Read moreDetailsEthiopia’s Grid Feeds 27% to Mining
In a year marked by both progress and persistent challenges, Ethiopian Electric Power (EEP) announced that over 33% of the...
Read moreDetailsWegagen Bank Secures $85 Million International Trade Finance Guarantee Facility
Wegagen Bank has secured a $85 million international trade finance guarantee facility through agreements with the Eastern and Southern African...
Read moreDetailsTurbulence and Triumph: Inside Ethiopian Airlines’ $7.6B Year
Despite navigating a year of regional conflicts, operational bottlenecks, and global aviation headwinds, Ethiopian Airlines has managed to extend its...
Read moreDetailsEthiopia Powers Up: Bags $118.1M from Regional Electricity Exports
Ethiopia is quietly charging up its role as East Africa’s power bank. In the just-ended 2024/25 fiscal year, Ethiopian Electric...
Read moreDetailsTransparency vs. Tradition: How ESX Listing Changes Corporate Culture
Ethiopian businesses were living in a silent world, hiding their secrets behind closed doors. That was, and still is to...
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