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Ethiopia

Business Africa

Ethiopia Opens Banking Sector to Foreign Investment After 50-Year Ban

In a landmark policy shift, Ethiopia has officially announced it will allow foreign banks to operate within its borders, marking the first time in...
Business Africa

Ethiopia to Begin Trading Under AfCFTA on July 1 Amid Ongoing Foreign Exchange Pressures

Ethiopia will officially commence trading under the African Continental Free Trade Area (AfCFTA) on July 1, 2025, in a significant step toward deepening its...
Business Africa

10th African Public Service Day Signals Push for Public Sector Reform Across Africa

The 10th African Public Service Day (APSD) officially opened in Addis Ababa, emphasizing renewed efforts by African governments to strengthen and modernize public service...
Business Africa

Ethiopia Forecasts Faster Economic Growth for Next Fiscal Year

Ethiopia's economy is projected to achieve a faster growth rate in the upcoming fiscal year, according to recent statements from the nation's finance minister.  This...
Business Africa

Ethiopia Leads the Charge as Dangote Cement’s Pan-African Revenue Soars to N1.4 Trillion

Dangote Cement Plc, Africa's largest cement producer, reported a remarkable year in 2024, with its Pan-African operations generating a robust N1.48 trillion in revenue.  This...
Business Africa

Ethiopia’s Tigray Region Faces Renewed Uncertainty as Fragile Peace Teeters

The fragile peace secured in Ethiopia’s Tigray region is now in jeopardy, as political divisions within the Tigray People’s Liberation Front (TPLF), combined with...
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