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The Mombasa Route: A growing trend in Ethiopian freight logistics
By Muluken Yewondwossen
In response to the logistical challenges plaguing the traditional trade routes through the Red Sea and Gulf of Aden, Ethiopian freight operators...
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ESX attracts domestic, foreign investors amid capital raise drive
By Muluken Yewondwossen
The Ethiopian Securities Exchange (ESX), still in its developmental phase, is attracting both domestic and foreign investors as it strives to meet...
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Urgent measures needed to address Africa’s learning crisis
By our staff reporter
Actors within the sector are urging African leaders to demonstrate their commitment to altering the current trajectory of delivering high-quality education...
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ECMA advances licensing for participants, awaits central bank directive on retail banks
By Muluken Yewondwossen
The Ethiopian Capital Market Authority (ECMA) has announced its readiness to grant licenses to participants, marking a significant advancement in the long-awaited...
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Industrial sector to benefit from revised foreign currency retention directive
By Muluken Yewondwossen
The Ministry of Industry (MoI) has announced that recent changes to the retention directive will facilitate access to foreign currency for the...
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Petroleum Enterprise to construct its 14th oil depot in Dire Dawa
By Eyasu Zekarias
Reports indicate that the Ethiopian Petroleum Supply Enterprise (EPSE) has made compensation payments to the Dire Dawa city administration for the construction...
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Once close allies now foes: Abinet loses civil case over document dispute with Al Amoudi
By Muluken Yewondwossen
Former associate of business tycoon Sheik Mohammed Hussein Al Amoudi, Abinet Gebermeskel, has lost a civil case against Sheik Mohammed in a...
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Ethiopia bans Chinese coffee exporters due to non-payment
By Eyasu Zekarias
The Ethiopian Coffee and Tea Authority has implemented a ban on Chinese coffee companies from entering into contracts, citing their failure to...
