Ascent Capital to invest in Ethiopian companies
Addis Ababa, Ethiopia - A new private equity firm based in Mauritius, Ascent Capital, is looking forward to financing local businesses...
Business
Ethiopian and Liege Airport renew their successful partnership in Air Cargo
Press Release Even brighter prospects ahead, owing to fast growth of Africa-Europe trade Ethiopian Airlines and Liege Airport have agreed...
Gov’t considering commercial, mortgage banks merger
Addis Ababa, Ethiopia - Authorities at the Public Financial Institutions Supervisory Agency (PISA) is contemplating the merge the two state-owned banks,...
Qatari Investors to Launch $500 Million Projects in Ethiopia
Addis Ababa, Ethiopia: President Mulatu Teshome stated that the government will consolidate its support to investors. During his talks with...
HEINEKEN inaugurates Ethiopia’s biggest brewery as part of EUR 310mln investment in the country
Press Release Pictured, His Excellency the Prime Minister of Ethiopia, Hailemariam Desalegn (centre) pushes the button to officially start production...
Ethiopia’s economy raises Heineken’s hopes for beer market growth
Heineken is betting on Ethiopia's rising incomes to fuel rapid expansion of the beer market in Africa's second most populous...
Southwest, SABMiller establish liquor business
Addis Ababa, Ethiopia - Southwest Development PLC, an Ethiopian investment company, and its partner, SABMiller, the South African London-based brewery, have...
Addis Light Rail Transit to conduct trial operation in February
Addis Ababa, Ethiopia - The Addis Ababa Light Rail Transit is scheduled to commence its official trial operation this coming...
Ethiopian Taxi driver found shot dead inside cab in Capitol Heights
CAPITOL HEIGHTS, Md. - A cab driver was found shot to death inside his taxi cab in Capitol Heights early Wednesday...