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Ethiopia to Reassess Star Ratings of 200 Hotels

Feb 26, 2020 | 2M Editor | Latest Business Alerts

The Ethiopian Ministry of Culture and Tourism said it plans to dispense another round of star ratings of 200 hotels, reassessing the ratings they already have, before the end of...

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Zimbabwean Billionaire's Econet to Bid for Ethiopi…

Feb 25, 2020 | 2M Editor | Latest Business Alerts

Zimbabwean Billionaire's Econet to Bid for Ethiopian Telecom License

Zimbabwean billionaire businessman Strive Masiyiwa's Econet Global Limited, a telecom company owned by Zimbabwean businessman Strive Masiyiwa, seeks to obtain a telecom license in Ethiopia, Bloomberg reported.

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UAE's KEFD Loans $100 Mn to Ethiopia

Feb 25, 2020 | 2M Editor | Latest Business Alerts

The Khalifa Fund for Enterprise Development (KEFD) of the United Arab Emirates signed a deal to loan $100 million to Ethiopia.

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Ethiopia Collects $407 Mn from Coffee Exports in 7…

Feb 25, 2020 | 2M Editor | Latest Business Alerts

Ethiopia has collected $407 million in the past seven months from coffee export, the Ethiopian Coffee and Tea Authority declared.

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Commercial Bank of Ethiopia Registers $295 Mn Prof…

Feb 24, 2020 | 2M Editor | Latest Business Alerts

The Commercial Bank of Ethiopia (CBE), the largest bank in East Africa and owned by the Ethiopian government, declared it has collected a profit of over $295 million (9.33 billion birr)...

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