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HPR approves over half a trillion birr budget for upcoming Ethiopian...

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The House of People’s Representatives (HPR) has approved 561.7 billion Birr budget for the Ethiopian Fiscal Year 2014. Responding to questions posed by members of...

The entry of foreign banks might crumble the local Banks and...

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By Abreham Ketema The opening of foreign banks in developing countries is considered as a major step toward into the financial liberalization. The promoter of...

Shewit Kassa

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Name: Shewit Kassa Education: Certificate in fashion and beauty Company name: Shewi Salon Title: Owner Founded in: 2021 What it does: Beauty salon HQ: Addis Ababa around Kera Number of employees:...

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Afreximbank launches $4 bln Ukraine Crisis Adjustment Trade Financing Programme

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The Board of Directors of African Export-Import Bank (Afreximbank) approved the launch of the Ukraine Crisis Adjustment Trade Financing Programme for Africa (UKAFPA), a...

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Business forum looks to facilitate African partnerships

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Figuring how to support and promote private sector led growth in Africa was the main focus of the Africa Business and Investment Forum held...

The Dollar Remains the Dominant Currency with 88 per cent of all Forex Transactions...

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As the world’s dominant currency, the US dollar maintained its leading role in forex trading last year. The US dollar was on the side...

African Development Bank shareholders approve $115 billion capital increase

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At an extraordinary shareholders’ meeting on Friday November 1, in Abidjan, Governors of the African Development Bank (AfDB), representing shareholders from 80 countries, approved...

GMO, Profit, Power and Geopolitics

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A number of official reports indicates that Genetically Modified Organisms (GMOs) are not essential for feeding the world, but if they were to lead...

Ethio Telecom launches 4G LTE services in 22 towns

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Ethiopia's sole telecom service provider Ethio Telecom announced it has expanded its 4G LTE advanced mobile internet service to 22 towns across the country,...
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Visibility study of Nairobi, Kampala and Addis Ababa reveals big air...

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The global coronavirus pandemic is having a devastating effect on economies worldwide. However, one of the few positive consequences of travel restrictions and industrial...
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