Feature
Ethiopia remains one of the most challenging countries to conduct business in Africa
By our staff reporter
Ethiopia remains one of the most challenging countries to conduct business in Africa, but it also holds a favorable position in...
Feature
NBE’s new quota stifles fresh banks
By our staff reporter
Despite some new banks airing out concerns to the financial industry regulatory body, National Bank of Ethiopia (NBE), the central bank...
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Capitalizing on BRICS: City Chamber cite opportunities galore
By our staff reporter
Addis Ababa Chamber of Commerce and Sectoral Associations underscores that the recent membership into BRICS will bring astronomical opportunity for the...
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Adwa Victory Day to be marked on new grounds
By our staff reporter
The upcoming 128th anniversary of the Battle of Adwa is expected to be honored in the majestically newly built facility, Adwa...
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Gov’t unshackles grip on guarantees for foreign investors
By Muluken YewondwossenThe tight stretch of hard currency forces government to become lenient on its stringent stance of giving guarantees to foreign financers.As it...
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ESL eyes to boost its capital to 90 billion birr
By Muluken YewondwossenAs pressure piles for the expansion and further investment push for one of the most profitable public enterprises, the Ethiopian Shipping and...
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Djibouti’s quest for wind power comes to life
By our staff reporterDjibouti inaugurates its first ever green energy, maiden wind farm of the 60 MW Red Sea Power (RSP) that is expected...
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NBE gives the go ahead for strategic FDI’s to open offshore accounts
The National Bank of Ethiopia has enacted Offshore Account Opening and Operations for Strategic Foreign Direct Investment (FDI) Projects directive to allow certain strategic...
