Dangote Cement Plc has announced plans to invest $400 million in expanding its Mugher cement plant in Ethiopia to strengthen industrial capacity in Africa’s cement market....
First Bank of Nigeria is charting a bold course for its Pan-African growth strategy with Ethiopia and Angola emerging as key targets for expansion. As financial...
Ethiopian Airlines, the largest airline in Africa proudly announces the arrival of Africa’s first Airbus A350-1000. This significant milestone was celebrated in a grand ceremony attended...
Ethiopian Airlines is delighted to announce the launch of a daily flight service to Port Sudan, Sudan, commencing on October 15, 2024. This strategic expansion further...
Ethiopia’s defaulted international bond saw a significant surge following the announcement of a $3.4 billion loan agreement with the International Monetary Fund (IMF). The IMF’s decision...
Ethiopia has decided to halt the sale of its state-owned telecommunications operator, Ethio Telecom, to foreign investors. Instead, the government will prioritize domestic retail investors before...
Ethiopia has announced a 21% increase in its 2025 budget, marking the first budget since defaulting on a Eurobond payment and committing to economic reform discussions...
Ethiopian Airlines has reached a significant milestone with the completion of the Gode Ugaas Miraad Airport Terminal project, representing a new chapter in air travel infrastructure...
Ethiopian Cargo and Logistics Services, the continent’s largest in its category, has commenced freighter services to Casablanca, Morocco, according to the company. The maiden venture into...
Ethiopia has officially joined the growing list of African nations facing financial distress as it failed to meet a crucial interest payment following the expiration of...