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Safaricom Ethiopia Faces $325M Loss
A new World Bank report revealed Safaricom Ethiopia incurred USD 325 million in losses in 2024. The… Read More
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US Backs $10B Airport Project
The US pledged support for Ethiopia’s $10 billion Bishoftu International Airport, marking President Trump’s first major Horn… Read More
Ethiopia Targets 9% Growth In 2025/26
President Tayé Atske Selassie announced a 9% economic growth target for the 2025/26 fiscal year after 8.8%… Read More
Dangote Launches $2.5B Fertilizer Plant
Aliko Dangote launched a $2.5 billion fertilizer complex in Ethiopia in partnership with Ethiopian Investment Holdings. The… Read More
PM Announces Diesel Truck Import Ban
Prime Minister Abiy Ahmed announced a nationwide ban on importing diesel-powered trucks starting October 2, as Ethiopia… Read More
Community Health Spurs Investment
Ethiopia’s health sector attracted significant national investment, with over 70,000 community health centers built and 80% of… Read More