AM Best has affirmed the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of "bb" (Fair) of ...

In a world first, the government last year banned the import of petrol and diesel vehicles, partly for green reasons but also ...

Kemeriya Mehammed Abduraheman set her sights on an electric car four months ago, joining more than 100,000 Ethiopians who ...

Ethio Telecom and the Ethiopian Pharmaceutical Supply Service (EPSS) have signed a Memorandum of Understanding (MoU) to ...

LONDON, Oct 9 (Reuters) - Ethio Telecom will become the first company to list on Ethiopia's new stock market next week when the government sells a 10% stake in the company, Brook Taye, the CEO of its ...

NEW YORK & ADDIS ABABA, Ethiopia--(BUSINESS WIRE)--African Asset Finance Company Inc. (“AAFC”), a U.S.-based non-bank financial and equipment leasing firm, today announced the appointment of Fregenet ...

ADDIS ABABA, June 14 (Reuters) - Ethiopia on Monday launched a tendering process for the proposed sell-off of a 40% stake in state-owned carrier Ethio Telecom to private investors, part of the ...

Ethiopian telco Ethio Telecom has announced the final plan for its copper switch-off initiative. The carrier revealed plans to transfer the remaining 100,000 customers on its copper network over to ...

DUBAI, United Arab Emirates--(BUSINESS WIRE)--Ethio Life and General Insurance S.C, (ELiG) a leading composite insurer in Ethiopia, providing innovative life and non-life insurance products in the ...

Safaricom CEO Peter Ndegwa discusses its progress as Ethiopia's first private operator and the prospect of another new ...

Ethio Lease, a foreign-owned financial company operating in Ethiopia, said it will close after the National Bank of Ethiopia changed currency laws and made it impossible for it to repay its debts. The ...