Chinese E-commerce Giant Alibaba to Enter Ethiopia

AliExpress, a major online retail service owned by Alibaba Group, is entering the Ethiopian market. According to Abiyot Bayu, (PhD)

Dashen Bank Unveils Credit Facilities for Flights as Plane Ticket Prices Soar

Dashen Bank has launched a traveler’s club card, which allows for credit purchases of plane tickets and up to a

Key Architect of Ethiopia’s Capital Market, Brook Taye, Takes Helm of Sovereign Wealth Fund

Brook Taye (PhD), who has served as the Director General of the Ethiopian Capital Market Authority for the past two

Ethiopia’s First Foreign Currency Auction Since Floating Garners Bids near Parallel Rates

The inaugural special foreign currency auction by the National Bank of Ethiopia (NBE) attracted 27 of the 31 commercial banks

Engineer Builds E-commerce Platform to Mend Ethiopian Construction Industry

A year-old startup is entering the bustling construction sector with an e-commerce platform that aims to resolve systemic problems in

Ethiopia Revises Passport Fees, Standard Issuance Now Costs 5,000 Birr

Ethiopia’s Immigration and Citizenship Service (ICS) has updated its passport issuance fees. The cost for a new passport has risen

Breakthrough Innovation in Nanosilica to Slash Domestic Tire Production Costs by 50%

A landmark production technique developed by the Bio and Emerging Institute looks to cut tire manufacturing costs by half through

We+ Joins Addis Ababa’s Ride-Hailing Market with Retirement Funds for Drivers

We+, a new ride-hailing platform, has entered the Addis Ababa market, offering its drivers a retirement fund. The platform aims