Talk Business
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News: Ethiopia suspends more than $20mn allegedly accumulated in illegal foreign currency
Addis Abeba – Ethiopian Financial Intelligence Service (FIS) said it has suspended more than US$20 million which it said was…
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News: Ethiopian CEO says regular flights to Tigray capital to resume tomorrow
Mekelle Alula Aba Nega Airport. Photo: nationalparks.com Addis Abeba – Mesfin Tasew, CEO of Ethiopian Airlines, told local media this…
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Business: US EXIM bank approves $281m loan to Ethiopian Airlines despite opposition from congress members
Ethiopian Airline fleet at Bole International Airport. Photo: ©Aviation online/Screenshot Addis Abeba – The US Export-Import Bank said its board…
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News: CBE resumes banking services in three Tigray cities, but access to savings, cash withdrawal off limit
CBE Alamata Branch in Southern Tigray regional state. Photo: Social Media Addis Abeba – Commercial Bank of Ethiopia (CBE) said…
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News: Fitch downgrades Ethiopia to ‘CCC-’; removes from UCO
Picture: Fitch.com A full list of rating actions is at the end of this rating action commentary. Addis Abeba –…
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Analysis: Skepticism, higher prices drag government’s effort to encourage use of EVs in Ethiopia, as a new directive set to tackle infrastructure issues
EV at a charging station in Addis Abeba – Photo: Ethiopia Electric Power/Faceboob By Mihret G Kristos @MercyG_kirstos Addis Abeba…
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Business: Akobo Minerals makes a third gold discovery at Segele
Akobo Minerals anticipates that the drilling will start likely in January 2023. Photo: Akobo Minerals Addis Abeba – Akobo Minerals,…
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#ASDailyScoop: Ethio Telecom threatens to sue Safaricom Ethiopia over service disruptions in Afar region
Addis Abeba – Ethio Telecom says the service disruption its customers experienced in Semera, the capital city of Afar regional…
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Business: AFDB approves $10 m grant to support Tulu Moye Geothermal Resource Development
Tulu Moye Geothermal Operations (TMGO), an independent energy company in Ethiopia, kicked off drilling on 04 March 2020 at its…
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