President Barack Obama defeats Romney to win re-election
President Barack Obama has been re-elected to a second term, defeating Republican challenger Mitt Romney. America's first black president secured...
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Bunna selects Infosys as its core banking solution provider
Addis Ababa, Ethiopia - Bunna International Bank (BIB) announced the selection of Finacle core banking solution, from Infosys, last Thursday for...
Lion International Bank records higher profit
Addis Ababa, Ethiopia - Lion International Bank (LIB) has registered a 69 percent increase in profit during the last fiscal year...
SoleRebels opens first outlet in Taiwan
Bethlehem Tilahun Alemu is one of Africa's most celebrated businesswomen. The international media seemingly can't get enough of this founder...
Nib Bank records 289 million birr profit
Finalizes plans to erect 33-storey HQs building. By Birhanu Fikade Addis Ababa, Ethiopia - Despite the National Bank of Ethiopia...
Defense Ministry set to establish Army Bank
By Yohannes Anberbir Addis Ababa, Ethiopia -  In an unprecedented move, the Ethiopian Ministry of Defense (MoD) is set to enter the...
Bunna International Bank selects Infosys for Finacle Core Banking Solution
ADDIS ABABA, Ethiopia and BANGALORE, India, November 1, 2012/PRNewswire-FirstCall via African Press Organization (APO)/ -- New Core Banking Solution to...
Ethiopia: an African lion?
A woman working in a Chinese shoe factory in Dukem, Ethiopia. Credit: Getty Addis Ababa, Ethiopia - Returns of thirty...
Leather export generates $25.2 million in first quarter
Addis Ababa, Ethiopia (WIC) – Export of leather and leather products earned the country 25.2 million dollars in first quarter of...