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PM Abiy receives Global Islamic Finance Award 2022
Spread the NewsPrime Minister Abiy Ahmed (PhD) has been awarded as the 2022 Laureate of the Global Islamic Finance Award for efforts made in reforming Ethiopia’s finance sector. The award has been presented to PM Abiy during the Global Islamic Finance Summit (GIFS) 2022 held in Djibouti. “Ethiopia has been undertaking vast financial sector reforms…

ECAA grants license to Werku Ayetenew’s Gold Star Aviation
Spread the NewsBy Kaleyesus Bekele The Ethiopian Civil Aviation Authority (ECAA) has granted an Air Operator Certificate (AOC) to Gold Star Aviation, a new air transport company established by the renowned businessman, Werku Ayetenew. At a ceremony held today ECAA Director General Getachew Mengistie congratulated the management of Gold Star Aviation for complying with all…

Expert urges US to revisit strategy over revoking Ethiopia from AGOA
Spread the NewsZemedeneh Nigatu, Global Chairman, Fairfax Africa Fund urged that the United States needs to revisit its strategy over revoking Ethiopia from the African Growth and Opportunity Act (AGOA), a quota and duty free trade privilege to African countries. “Whatever policies and strategies the US is trying to achieve by imposing this kinds of…

Ethio telecom plans increasing customers’ to 73.5 million
Spread the NewsEthio telecom, the state giant telecom operator, announced Monday that it has a plan to increase its customers to 73.6 million in the current Ethiopian fiscal year from the baseline of 66 million customers. Frehiwot Tamiru, CEO of Ethio telecom unveiled Three Years Lead Growth Strategy (July 2022-July 2025) of the company at…

Addis Chamber launches start-up incubation center
Spread the NewsBy Yared Nigussie Addis Abeba Chamber of Commerce and Sectoral Associations (AACCSA) disclosed that it has launched a start-up incubation center with an aim of bolstering entrepreneurial culture. Shibeshi Betemariam, Secretary General of AACCSA said that the start-up incubation center has been inaugurated with the objective to promote entrepreneurship in Ethiopia and embolden…

United Capital Group keen to invest in Ethiopia’s natural gas
Spread the NewsUnited Capital Group has expressed its interest to invest in Ethiopia’s natural gas exploration and development sector. Takele Uma, Minister of Mines announced that discussion has been held with United Capital Group delegates led by Prince Abbas bin Ali bin Nayef of Jordan pertaining to investments in natural gas on Tuesday at the…