No oil in first exploration well in South Omo
By Kaleyesus Bekele The UK oil firm, Tullow Oil, did not find oil in the first exploration well it drilled...
Business
Chinese firm to build NIB’s new HQ
Addis Ababa, Ethiopia - Nib International Bank (NIB) and Nib Insurance Company signed an agreement with a Chinese construction firm China...
Addis Ababa has potential for up to 20 new supermarkets, says research firm
Retailers should seriously consider the opportunities in Ethiopia. This is if two new reports by Sagaci Research are to be...
World Bank Sees Ethiopia GDP Grow at 7 Percent for Medium Term
ADDIS ABABA  Ethiopia's economy is likely to grow seven percent a year over the next three to five years, below...
CBE approves 1.5 billion Birr loan to Breweries
Heineken amasses over half billion birr, awaits three billion. It was just few weeks ago that Raya and Habesha, two...
AWEP Ethiopia opens office
Addis Ababa, Ethiopia - The Ethiopian Chapter of the African Women Entrepreneurship Program (AWEP), officially launched on March 12, 2013, has...
H&M Looks to Source Clothing From Ethiopia
Retailer Hopes African Country Will Help Keep Shelves Stocked. STOCKHOLM's H&M Hennes & Mauritz- HM-B- is looking to Ethiopia as a new...
Tullow drills for Ethiopia’s first oil
Tullow Oil, the British explorer that found Kenya's first crude a year ago, is about to find out whether the...
Ethiopian Designer ready to fly
Ethiopian designer Fikirte Addis “feels like she is ready to fly.†A one-time child psychologist with a passion for design,...