Ethiopian Entrepreneur Bethlehem Tilahun Alemu Features On BBC’s Latest Business Programme

VENTURES AFRICA – Founder and CEO of eco-sustainable shoe company soleRebels, Bethlehem Tilahun Alemu will feature alongside Jørgen Vig Knudstorp, CEO of LEGO Group in the first episode of a new BBC... Read more »

Turkish Company Saygin Sees Annual Sales of $100 Million From Ethiopia

Bloomberg: Saygin Group of Turkey said its Ethiopian subsidiary may generate $100 million in revenue a year from textile manufacturing, amid plans by the Horn of Africa country to boost the industry’s... Read more »
U.S. Representative Christopher H. Smith

Presence of Ethiopia Contradicts Goal of G-8 Talks by Rep. Christopher H. Smith

U.S. Representative Christopher H. Smith of New Jersey, Chairman of the Subcommittee on Africa, Global Health, and Human Rights of the House Foreign Affairs Committee, issued the following Press Release opposing the... Read more »
closed business in addis ababa

Ethiopia: Government shuting down price cap violator businesses

Reuters: * Addis Ababa set caps for 17 commodities * 103 businesses already shut down ADDIS ABABA, Jan 13 (Reuters) – Ethiopia has penalised retailers and suppliers in the capital who raised... Read more »

Ethiopia: Government plans price control on more products (Video)

Ethiopia plans to impose price controls on more products as it tries to curb inflation that is being fuelled by a lack of competition in the Horn of Africa country, a Trade... Read more »
Ethiopian one birr አንድ ብር

Ethiopia: Transport, construction sectors hardest hit by birr devaluation

The 16.7 percent devaluation of the Ethiopian currency, the birr, announced last week, against major foreign currencies has seen price inflation rising into the double-digits on both imported and locally manufactured goods.... Read more »

Ethiopian First Bio Fuel Firm Fails Payment Promise

By MIKIAS SEBSIBE The firm requests more time to raise millions of dollars owed Flora Eco Power (Ethiopia) Plc failed to pay around 2.5 million dollars that it allegedly owes to various... Read more »

Top Business people Raise 20m Br for EPRDF

Bigger meeting of 10,000 businesspeople planned The businesspeople that met at the Addis Abeba Convention Centre (AACC) on April 8, 2010, and raised 20 million Br in support of the Ethiopian Peoples’... Read more »