Local News
Lemi National Cement to be launched in March 2024
Cement production in the horn to receive huge boost
By our staff reporter
Lemi National Cement, a massive miller that is anticipated to start production in...
Local News
Goh Betoch pushes for directive to streamline mortgage financing
By our staff reporter
Ethiopia's mortgage pioneering bank, Goh Betoch, signals that it’s searching for provisions in government policies to realize its goal.
The bank, which...
Local News
Ahadu Bank selects new board members, deposits hit over 2bln birr
Ahadu Bank, one of the largest private banks that recently joined Ethiopia’s financial industry reveals that it has managed to collect more than 2...
Local News
AfDB revises economic forecast for Africa downwards amid continued global shocks
By our staff reporter
The African Development Bank has revised its short to medium-term macroeconomic forecast for Africa, for 2023 and 2024 downwards to 3.4%...
Local News
Raxio positions Ethiopia as a data epicenter of the horn
By Eyasu Zekarias
US based data center company, Raxio, inaugurates its data center in the nation’s capital marking a new dawn for technological advances in...
Local News
OBG, WAIPA collaborate to explore the transformative role of SEZs in Africa’s Economic Growth and AfCFTA Integration
By our staff reporter
Oxford Business Group (OBG) and the World Association of Investment Promotion Agencies (WAIPA) have released a comprehensive focus report titled "Economic...
Local News
Steep rise in borrowers creates capital shortages
By Eyasu Zekarias
The Association of Ethiopian Micro-Finance Institution (AEMFI) alarms that there is a great deal of shortage in capital for public access due...
Local News
Traders express concern as misinformation on donkey meat consumption impacts market
By Eyasu Zekarias
Traders in Ethiopian cities, particularly in Addis Ababa, have voiced their worries to Capital about a significant decline in their daily market...
