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October 24, 2023
Ethiopia: Banking Services Remain Absent in War-Torn Tigray Region Despite Peace Deal
People in Irob, a northeastern district of Tigray, have been facing the absence of banking services since the war broke out between the federal government and the Tigray Liberation… Read more »
August 18, 2023
Ethiopia: Safaricom Ethiopia Chief Executive Officer Leaves Business
Anwar Soussa, Chief Executive Officer of Safaricom Telecommunications Ethiopia PLC (STEP), has left the telecom company nearly two years after he assumed the position. Read more »
Ethiopia: Former MTN Uganda CEO Joins Safaricom Ethiopia As New CEO
Safaricom Telecommunications Ethiopia PLC (STEP) gets a new Chief Executive Officer to replace its outgoing CEO, Anwar Soussa, who will depart the company effective 31st July 2023. Read more »
July 13, 2023
Ethiopia: #asdailyscoop - Bgi Ethiopia Sets Path to Accelerated Growth With Relocation, Expansion Strategy
BGI Ethiopia, one of the leading brewery companies in Ethiopia, has recently achieved a significant milestone in its growth strategy. It finalized an agreement to sell its… Read more »
June 19, 2023
Ethiopia: Visa Launches New Initiatives to Support Fintech Start-Ups, Women Entrepreneurs in Ethiopia
Regional President for Central and Eastern Europe, Middle East and Africa Andrew Torre emphasizes Visa's commitment to expanding digital payments in Ethiopia by working closely… Read more »
June 12, 2023
Ethiopia: Ethiopia Appoints Air Force Commander As ET Group Board Chairman Replacing Girma Wake
Ethiopian Airlines Group has confirmed the appointment of Lieutenant General Yilma Merdassa, the Commander of Ethiopian Air Force, as board chairman of the Ethiopian Airlines… Read more »
June 27, 2023
East Africa: Former MTN Uganda CEO Joins Safaricom Ethiopia As New CEO
Safaricom Telecommunications Ethiopia PLC (STEP) gets a new Chief Executive Officer to replace its outgoing CEO, Anwar Soussa, who will depart the company effective 31st July 2023. Read more »
June 21, 2023
Ethiopia: #breaking - Safaricom Ethiopia Chief Executive Officer Leaves Business
Anwar Sousa. Photo/Anwar Sousa/Twitter Read more »
June 09, 2023
Ethiopia: World Bank Group Pledges Support for Safaricom Ethiopia's Internet Expansion
The World Bank Group's International Finance Corporation (IFC) and Multilateral Investment Guarantee Agency (MIGA) have revealed plans to fund the ongoing expansion of Safaricom… Read more »
Ethiopia: Safaricom Ethiopia Gets Additional Investment, Loan to Support Affordable Internet, Reliable Mobile Connectivity
World Bank Group signing an agreement with Safaricom Ethiopia (Photo: Anuwar Soussa, CEO, Safaricom Ethiopia) Read more »
February 24, 2023
Ethiopia: Coca Cola Announces Subsidy for 30 Plastic Collection Centres
Coca Cola Beverages Africa (CCBA) signed an agreement with 30 plastic bottle collection centers in Addis Abeba, to give a subsidy of up to 10 million birr aiming to boost… Read more »
February 01, 2023
Ethiopia: Kidnapped Workers of Dangote Cement Released After Paying Ransom
About 20 workers of Dangote cement factory who were kidnapped by unidentified gunmen were released on Monday 30 January after paying a ransom ranging from 50,000 to 100,000 birr… Read more »
January 31, 2023
Ethiopia: Somali Region Suspends 15 Media Outlets, Accuses Reporters of Working Without Licences
Somali Regional State Communications Bureau has passed a decision to take 15 foreign media outlets broadcasting in the region off air and accused reporters of the outlets based in… Read more »
January 27, 2023
Ethiopia: NEFC Group, UAE-Based Holding Company, Deploys Infor ERP to Transform Operations in Ethiopia, UAE
Infor®, the industry cloud company, yesterday announced that NEFC Group, a UAE-based holding company that operates dealerships supplying machinery and heavy equipment for… Read more »
January 09, 2023
Ethiopia: Passengers Return Home As Inexplicable Restriction On Flights From Mekelle to Addis Takes a Toll
In less than two weeks time of the Ethiopian Airlines flight resumption to Tigray, restriction has been made on some passengers en route to Addis Abeba from Mekelle, witnesses told… Read more »
December 20, 2022
Ethiopia: How Killing of Professor Unfolded, Led to U.S.$2 Billion Lawsuit Against Meta
Meareg Amare Abreha, 60, a father of four children, and a full-time Professor of Analytical Chemistry at Bahir Dar University, was shot dead in front of his residence around midday… Read more »
November 22, 2022
Ethiopia: Raxio in Ethiopia Becomes First Tier III Certified Data Center After Receiving Certification From Uptime Institute
Raxio Data Center in Ethiopia ("ET1") officially became the first Tier III certified independent data center in Ethiopia after receiving the Uptime Institute Tier III Certification… Read more »
November 17, 2022
Ethiopia: Excitement, Expectation Drive Safaricom Ethiopia to Nearly a Million Subscribers
Since switching on its network and services in Addis Abeba on 07 October, after weeks of network trials in 10 cities across Ethiopia, Safaricom's subscribers have reached nearly a… Read more »
October 27, 2022
Ethiopia: Major Landmark for Akobo Minerals As It Begins Excavation On Segele Gold Mine
Akobo Minerals, the Scandinavian-based Ethiopian gold exploration and boutique mining company, today announced that it has broken ground at its Segele gold mine, marking an… Read more »
October 17, 2022
Ethiopia: Business - Akobo Minerals Kicks Off Ethiopia Mine Development
Akobo Minerals, the Scandinavian-based Ethiopian gold exploration and boutique mining company, today announced that its mining contractor, IW Mining Pty (Ltd), has arrived at site. Read more »
September 22, 2022
Ethiopia: Kefi Gold, Govt Agencies Agree On Action Plan At Tulu Kapi Gold Mines in Oromia
Tulu Kapi Gold Mines (TKGM), the gold and copper exploration and development company with projects in Ethiopia and Saudi Arabia, said has successfully concluded a three-day… Read more »
September 21, 2022
Ethiopia: Ethiopia Terminates Contract With Chinese POLY-GCL
Takele Uma, Ethiopia's Minister of Mines & Petroleum announced the termination of the contract with the Chinese POLY-GCL, which has been engaged in oil exploration in Ethiopia. Read more »
August 06, 2022
Ethiopia: State Telecom Giant Launches Three Digital Financial Services With Dashen Bank
State owned telecom giant, Ethio-Telecom, in collaboration with Dashen Bank, has on Friday launched three different digital finance services under the motto "Financial Service for… Read more »
July 27, 2022
Ethiopia: Oromia Bank Selects CR2's Bankworld to Advance Digital Banking Transformation Strategy
Oromia Bank has selected CR2, one of the world's leading software vendors in the digital banking and payments market, to accelerate and transform its digital banking strategy in… Read more »
June 27, 2022
Ethiopia: KEFI Shares Fall As Ethiopian Press Reports On Loss of Gold Project License
Shares in KEFI Gold & Copper PLC fell Monday morning amid press reports referring to a loss of the license for its Tulu Kapi gold project in Ethiopia. Read more »
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