Via Quartz, an article on Ethiopia’s innovators are trying to find purpose in a time of war: Early 2020 was a hopeful time for Ethiopia’s startups. Venture capitalists were increasingly eyeing Ethiopian startups, and the country improved its rank on the World Bank’s 2019 Ease of Doing Business report. Just before the start of the war, […]
Read more »Via The East African, an article on Ethiopian Airlines’ plan to dominate African skies: Ethiopian Airlines is establishing its presence in more than six African countries through a management role or strategic partnership with the local carriers, making it a dominant player in the continent. The move is set to give East African carriers such as […]
Read more »Via The East African, news of the Ethiopian Government’s plan to invite bids for a 40% stake in Ethio Telecom, one of the most profitable companies in the country, with some 45 million subscribers: The Ethiopian government on Tuesday announced that it has launched a bidding process for private investors to buy a 40 percent stake […]
Read more »Courtesy of The Financial Times, an article on Somalialand’s plan to compete head to head with Djibouti for Ethiopia’s trade: Anchored at the deepwater port of Berbera, an Ethiopian-flagged ship offloads its cargo of sugar and rice coming from India in what officials hope is a sign of a fresh era of trade in the self-declared east […]
Read more »Via African Business, a report on the development of Somalialand’s Berbera port, which reduces landlocked Ethiopia’s reliance on the port of Djibouti for trade, and fuels optimism in the breakaway region of Somaliland: UAE port operator DP World and the government of Somaliland opened a new container terminal in the Berbera port on Thursday, signalling […]
Read more »Via Quartz, an article on the quick update of Ethiopia’s first mobile wallet: More than 1 million cellphone subscribers in the populous African country of Ethiopia have registered for a new mobile money service less than a week after its launch by state-controlled Ethio Telecom, the company has said. The service, called Telebirr, is to […]
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