Nexara

Ethiopian Airlines announced that its Group CEO, Mr. Mesfin Tasew, has been honored with the prestigious “Leadership in Connecting Africa through Transport Award” at the Africa Prosperity Champions Awards. The accolade was presented during the Presidential Gala Dinner held on February 1, 2025, at the Kempinski Gold Coast Hotel in Accra, Ghana, as part of …

Ethiopian Airlines Group CEO honored with Prestigious “Leadership in Connecting Africa through Transport Award” Read More »

The Ethiopian Securities Exchange (ESX) announced that it has been taking a final step to register five giant companies over the next six months. Recall Prime Minister Abiy Ahmed officially launched the Ethiopian Securities Exchange early this year, the first stock exchange in the country. “In a historic milestone for our economic and financial landscape, …

Five firms to be granted licenses in Ethiopian securities exchange Read More »

Mastercard has announced the opening of its first office in Uganda, marking a significant milestone in its expansion across East Africa. This strategic move underscores Mastercard’s dedication to fostering financial inclusion and accelerating digital transformation in the region. With Uganda’s economy projected to grow at 6.2 percent by 2025, the country is poised for sustained …

Mastercard Aims to Strengthen Commitment to Uganda with New office in Kampala Read More »

Zeleke Temesgen (PhD), Commissioner of the Ethiopian Investment Commission (EIC), met with Galentic Pharma India Pvt. Ltd. representatives today to discuss potential investment and collaboration. Galentic specializes in sterile ophthalmic and dermatological products, operating two manufacturing facilities in India and exporting to over 40 countries. Commissioner Zeleke expressed strong interest in Galentic’s potential investment, highlighting …

Galentic Pharma India Pvt. Ltd. expresses interest to invest in Ethiopia Read More »

 Ethiopian Airlines has temporarily halted services at its domestic terminal. Passengers flying to domestic destinations are directed to use the international terminal for their flights. The airline released a statement explaining that at 12:30 PM today, a smoke-filled area was discovered in a temporary storage space for security-restricted items including cigarette lighters at the Bole …

Ethiopian Airlines temporarily shifts domestic flights’ services to international terminal Read More »

The Ethiopian Roads Administration has launched a study to construct four expressways connecting Addis Ababa to key regional cities. The planned routes will link the capital to Dessie, Jimma, Debre Markos, and Nekemte to enhance connectivity and drive economic growth. According to Frew Bekele, Director of Engineering Procurement, the expressways will pass through challenging mountainous …

Ethiopia Plans Four New Expressways to Boost Connectivity Read More »

Investing in African Mining Indaba 2025 officially kicked off today 3rd February 2025 in Cape Town, South Africa. Ethiopian Minister of Mines, Engineer Habtamu Tegegne is leading the country’s delegation including Ethiopian private sector in mines at the conference, which officially commences at the Cape Town International Convention Centre. Africa’s mining future has taken center …

Africa’s Mining Future Takes Center Stage at Mining Indaba Read More »

The Ethiopian Agricultural Businesses Corporation (EABC) announced that ships carrying 1,100,000 quintals of DAP and Urea soil fertilizer for the 2017/18 E.C (2024/25) cultivation season have docked at the port of Djibouti on Monday. In light of this, the amount of soil fertilizer unloaded at Djibouti port as of 4th February has increased to 5,392,600 quintals. …

Ships carrying 1.1mln quintals of DAP and Urea fertilizer dock at Djibouti port Read More »

An Ethiopian Business and Investment Forum was held in Prague today to showcase the investment opportunities in Ethiopia with the participation of several Czech Republic businesses and heads of companies. State Minister of Foreign Affairs, Ambassador Mesganu Arga, in his opening remarks, underscored the tremendous opportunities for strengthening trade and investment ties between Ethiopia and …

Czech businesses urged to seize opportunities from Ethiopia’s macroeconomic reforms Read More »

The Ethiopian government’s increased attention to the country’s coffee sector has led to a significant surge in coffee exports, according to Sebsib Abafira, President of the Ethiopian Chamber of Commerce and Sectoral Associations (ECCSA). Speaking at the opening of Yoya Coffee’s newest outlet, Sebsib commended entrepreneurship efforts in the coffee sector, saying they are crucial …

Coffee exports soar as government support bears fruit Read More »