Fairfax Africa Fund plans to build $4 billion oil refinery in Ethiopia
Fairfax Africa Fund, a US-based investment firm, in collaboration with multiple partners from Asian countries is planning to build an...
Business
A New Railway Academy for Ethiopia
The Ethiopian Railways Corporation signed a grant agreement today with a representative of the Chinese Embassy amounting 1.57 billion birr...
Cultural Bureau to sue Muller Real Estate over historical site demolition
The Addis Ababa Cultural and Tourism Bureau plans to file charges against Muller Commercial Real Estate for demolishing the historical...
Bole Int’l Airport to Accommodate 22 Million Passengers by End of Year
Addis Ababa (ENA) - The expansion of Bole International Airport will be completed at the end of this year, according...
Israeli Company to Invest $500 million in Ethiopia
Addis Ababa -January 04/2018 - GIGAWATT GLOBAL, an Israeli company said it will invest 500 million USD in Ethiopia in renewable...
Dangote Group to double investment in Ethiopia
Addis Ababa, January 5, 2018 (FBC) –Dangote Group, Africa's leading industrial conglomerates, announced plans to double its investment in Ethiopia....
The Ethiopian Multi-Millionaire Who Built Africa’s First Marriott Hotel
Samuel Tafesse Apart from Saudi-Ethiopian billionaire Mohammed Al-Amoudi, Samuel Tafesse is arguably the most popular businessman of Ethiopian origin. The 60-year-old...
Location selection for new international airport to be known by end of Ethiopian year
The final location for a new international airport outside of Addis Ababa is expected to be selected by the end...
Ethiopia- Djibouti train fare announced
The Ethiopia-Djibouti railway transport fare was announced today with the maximum fare covering the longest distance between Lebu, Addis Ababa,...