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Ethiopian "Moving Forward" with Expansio…

Jun 4, 2019 | 2M Editor | Latest Business Alerts

Ethiopian Airlines, Africa's champion carrier, is ''moving forward" with its expansion following the fatal Boeing 737 Max crash in March, but will be the last operator to return the jet...

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Ethiopian National Bank Distributes $100mn in Fore…

Jun 4, 2019 | 2M Editor | Latest Business Alerts

The National Bank of Ethiopia (NBE) announced that it has distributed $100 million to 16 private commercial banks.

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MTN Looks to Enter Ethiopia as Its Market Moves to…

May 30, 2019 | 2M Editor | Latest Business Alerts

MTN Looks to Enter Ethiopia as Its Market Moves to Open

One of the largest telecom carriers in the world, MTN, has identified Ethiopia as a rare new market into which Africa’s largest wireless carrier wants to expand.

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RG to Begin $4.4Bn-Worth Volcanic Energy Explorati…

May 29, 2019 | 2M Editor | Latest Business Alerts

RG to Begin $4.4Bn-Worth Volcanic Energy Exploration in Ethiopia

Reykjavik Geothermal (RG), a power developer backed by hedge fund billionaire Paul Tudor Jones II, announced a plan to launch a $4.4 billion project to bring volcanic energy to Ethiopia.

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10 Global Companies to Set Up Factories at Kilinto…

May 29, 2019 | 2M Editor | Latest Business Alerts

The Ethiopian Investment Commission (EIC) signed memoranda of understanding (MoUs) with ten global companies. The ten companies intend to set up factories within the confines of the Kilinto Pharmaceutical Industrial...

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