Category: Economy
Ethiopian Airlines Group Chief Executive Mesfin Tasew dismissed reports that he was stepping down unexpectedly, saying his retirement had been delayed several times at the request of the government. Ato Mesfin said he was originally due to retire three years…
Ethiopian Airlines said it is still unable to access money earned from ticket sales in Eritrea, with Chief Executive Mesfin Tasew saying a substantial amount of the carrier’s revenue remains frozen because of the political dispute between the two countries.…
French energy giant TotalEnergies is exiting the Ethiopian market after agreeing to sell its downstream assets to Libya’s OLA Energy Holdings Ltd., according to the Tripoli-based Government of National Unity, confirming reports that had emerged in recent days. The signing…
Following a series of attacks in which twenty people were killed, many investors and farmers are leaving Benishangul-Gumuz, abandoning their commercial farms, according to reports. The region’s industry and investment bureau announced that it had been informed of the departure…
Ethiopian Airlines is set to resume service to the Tigray region, suspended due to the conflict. CEO of Ethiopian Airlines Mesfin Tassew told local media that the airline has completed all preparations to resume scheduled service after the government and…
Food prices dropped significantly in the Tigray region following the announcement of a peace deal struck between the federal government and the Tigray People’s Liberation Front (TPLF) last week. The price level of grain and other commodities have started to…
Ethiopia has given the green light to carry out observation field trials for genetically modified potatoes that are said to be resistant to blight, a move seen as a further sign of the country’s growing embrace of the controversial genetic…
Gaibo had been suffering from malnutrition for over a month before he arrived at a clinic which treats children in the town of Karat in Konso woreda in the SNNPR region on 01 August 2022. He was five months old,…
16 private and state banks have reopened their branches in Tigray on Saturday, offering a financial lifeline to cash-starved residents and businesses 12-day after a conflict between Ethiopia’s government and forces in the country’s Tigray region started. Tigray Regional state…
ባየር ራውንድአፕ የተባለው የጸረ ተባይ መድኃኒት ምርቱ ካንሰር ሊያሲዝ የሚችል ነው በሚል በቀረቡበት ክሶች ሳቢያ፣ እስከ 10.9 ቢልዮን ዶላር የመክፈል ግዴታ እንደተጣለበት የእንግሊዙ ፋይናንሻል ታይምስ ጋዜጣ ዘገበ።ክሶቹ በኩባንያው ላይ መመስረት የጀመሩት ሞንሳንቶ የተባለውን የእርሻ ኬሚካል አምራች ድርጅት ገዝቶ የራሱ አካል…