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  Category: BUSINESS

BUSINESS

BUSINESS

BRICS Officially Announces Financial System Similar to SWIFT

July 27, 2024

The BRICS alliance is looking to bypass the Western SWIFT system and replace it with its own financial mechanism. The creation of a new financial...

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BUSINESS

Could Ethiopia’s mining sector transform the economy within five years?

July 23, 2024

home to Africa's second-fastest growing economy — is experiencing significant foreign interest in its mining sector, even though the bloody Tigra...

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BUSINESS

Ethiopia’s Nat’l Security, Economy Depends On Red Sea

July 7, 2024

 Institute of Foreign Affairs Executive Director Jafar Bedru has refuted the narratives and discourses among some actors in the region that ...

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BUSINESS

Ethiopia approves bill allowing foreign banks to enter market

June 18, 2024

Ethiopia's cabinet has approved a bill allowing foreign banks to establish local subsidiaries and permitting foreigners to acquire shares in dome...

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BUSINESS

AfDB provides $43m grant to Ethiopia

June 14, 2024

Ethiopia and the African Development Bank (AfDB) Thursday signed a $ 43 million grant agreement to empower agricultural micro, small and medium e...

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BUSINESS

Ethiopia launches tender process to sell 40% stake in Ethio Telecom

June 15, 2021

(Reuters) - Ethiopia on Monday launched a tendering process for the proposed sell-off of a 40% stake in state-owned carrier Ethio Telecom to priv...

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