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Developing economies face tougher slog, World Bank says

Developing economies face tougher slog, World Bank says

January 16, 2025

Developing economies—which fuel 60 percent of global growth—are projected to finish the first quarter of the 21st century with the weakest long-term growth outlook since 2000, according to the World Bank’s latest…

One Industry launches socks production in Ethiopia

One Industry launches socks production in Ethiopia

January 16, 2025

BY YANET YANTAYE WOGAYEHU / DEBRE BIRHAN – One Industry, a private company engaged in manufacturing sector in Ethiopia, has launched production of socks in a factory built on 10,000 square meters…

DRC secures about $1.73 billion credit from IMF

DRC secures about $1.73 billion credit from IMF

January 16, 2025

The Executive Board of the International Monetary Fund (IMF) on Wednesday approved a 38-month arrangement for The Democratic Republic of the Congo under the Extended Credit Facility (ECF) in the amount of…

Cash light VS serve the unbanked community

Cash light VS serve the unbanked community

January 13, 2025

BY EYERUSALEM HADGU – Since the launch of mobile banking services in Ethiopia by MBIRR in September 2015, I have spent eight years in this sector. Throughout this time, I have participated…

Geopolitics hinders Africa’s transition to clean energy

Geopolitics hinders Africa’s transition to clean energy

January 13, 2025

BY MEKONNEN TESHOME – Socio and geopolitical instability, challenges related to supply chain disruptions and unbalanced energy affordability as well as environmental challenges hindering the global clean energy transition in general and…

The story of sanitation entrepreneurs in Ethiopia

The story of sanitation entrepreneurs in Ethiopia

January 9, 2025

In the Somali region of Ethiopia, Khaleel Ahmed vividly recalls when his kebele–a small administrative unit–selected him to participate in a Decision Quotient (DQ) Sales® training program offered by USAID.

Ribbeck Law plans to examine Jeju Air flight 2216

Ribbeck Law plans to examine Jeju Air flight 2216

January 8, 2025

As the criminal case against Boeing continues for the crashes of Lion Air Flight 610 and Ethiopian Airlines Flight 302, Ribbeck Law Chartered has announced its intention to investigate the recent crash…

Ethiopia inaugurates Bale Robe Airport

Ethiopia inaugurates Bale Robe Airport

January 6, 2025

Ethiopian Airlines Group, one of the fastest growing airline network in the world, inaugurates the newly built Wako Gutu Airport Terminal at Bale Robe in the presence Shimelis Abdisa,