Unilever has become the first foreign company licensed to directly import finished goods into the country. The landmark development was marked by the official launch of Vaseline, Unilever’s ...

Eight years ago, when Ethiopia announced its bold decision to build the biggest possible dam on the Nile River, to which it contributes 86Pct of the water volume, with financing from domestic ...

Kuriftu Resorts and Spa disclosed its plan to open a water park in Arbaminch, 432.5km away from Addis Ababa. While the company is now attempting to select sites among three plots of land availed by ...

In Addis Ababa, where a third of Ethiopia’s urban population reside, a considerable number of people live in vulnerable and highly depleted houses and slum neighbourhoods. Not a small number of people ...

Ethiopia has recorded its highest-ever coffee export revenue, with the sector generating USD 1.868 billion over the past ten months of the current fiscal year — a historic milestone for the nation’s ...

In October 2025, the Commercial Bank of Ethiopia said only 22 percent of Ethiopia’s diaspora remittances, estimated at $7.2 billion, were flowing through formal channels, while the remaining 78 ...

The Coca-Cola Company announced the official launch of Schweppes Novida Pineapple, a new non-alcoholic malt based beverage, for the first time in Ethiopia. Coca-Cola organized a launching event ...

Abdusalam Kemal, Chairman of Hijra Bank’s Board, discussed the bank’s evolution from community-focused services to leveraging technology for greater impact. He stated, “Since our inception, we’ve ...

Being home to many internationally-acclaimed historical sites, Ethiopia has an immense local tourism potential. But the country has never capitalized on the opportunity. Adding to the minimal ...

The National Bank of Ethiopia (NBE) has issued a new directive aimed at regulating the investment activities of banks operating in the country. The “Limitation on Investment of Banks Directive No. SBB ...

Born in Arsi, State of Oromia, the legendary coach Haji Adilo discovered his running ability at grade nine. Soon enough, he was able to compete in regional and national championships in the late 1980s ...