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Commercial Bank of Ethiopia Partners with WorldRem…

Jan 16, 2019 | 2M Editor | Latest Business Alerts

Commercial Bank of Ethiopia Partners with WorldRemit to Launch International Mobile Money Transfer Service

The Commercial Bank of Ethiopia (CBE) is to launch its first ever international mobile money transfer in partnership with WorldRemit. This will enable money senders spread across over 50 countries,...

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Ethiopia: New Irrigation Dam To Be Inaugurated

Jan 16, 2019 | 2M Editor | Latest Business Alerts

The Gidabo Irrigation Dam project will be inaugurated in a week’s time, the Ministry of Water, Irrigation and Energy disclosed. The project, which cost over 1.1 billion birr, has a reservoir...

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Ethiopian Airlines and Hibret Bank Launch First Co…

Jan 10, 2019 | 2M Editor | Latest Business Alerts

Ethiopian Airlines and Hibret Bank Launch First Co-branded Debit Card

Ethiopian Airlines and Hibret Bank have launched the first Co-branded debit card tailored to provide Ethiopian Sheba Miles members with bonus miles for their spending using the debit card. The new...

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Hyatt Regency Opens First Hyatt Hotel in Ethiopia

Jan 8, 2019 | 2M Editor | Latest Business Alerts

Hyatt Regency Opens First Hyatt Hotel in Ethiopia

Hyatt Hotels Corporation (NYSE: H) announced today the opening of Hyatt Regency Addis Ababa, the first Hyatt branded hotel in Ethiopia and the seventh in Africa. The 188-room property is...

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Ethiopia's Export Under AGOA Shows Dramatic Increa…

Jan 2, 2019 | 2M Editor | Latest Business Alerts

Ethiopia’s export to the US under AGOA, African Growth and Opportunity Act, has risen by 62 per cent in just one year. If this trend continues, Ethiopia is poised to...

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