Ethiopia News News Ethiopia » Commerce: Ethiopian inaugurates e-commerce logistics facility at Bole
Ethiopian Airlines has opened its state-of-the-art e-commerce logistics facility. The Ethiopian e-commerce facility is located inside the Ethiopian Cargo and Logistics premises. The newly built ...
News Ethiopia » Commerce: Ethiopia used its flagship commercial airline to transport weapons during war in Tigray
Ethiopia’s government has used the country’s flagship commercial airline to shuttle weapons to and from neighboring Eritrea during the civil war in Ethiopia’s Tigray region, a CNN investigation has ...
News Ethiopia » Commerce: Ethiopia’s Commercial Bank violated customers' data privacy, say critics
The Commercial Bank of Ethiopia violated customers’ private data when it published hundreds of names and photographs of customers in bid to recover lost funds from an ATM network glitch incident.
News Ethiopia » Commerce: Ethiopia shifts from commercial to concessional loans on foreign debts
Ethiopia is currently negotiating with its creditors to convert commercial loans into concessional loans, which could significantly lower its debt interest rates. During a recent address to parliament ...
News Ethiopia » Commerce: 'Glitch' at Ethiopia's biggest bank sees customers withdraw millions that isn't theirs
More than $40 million was reportedly withdrawn from the state-owned Commercial Bank of Ethiopia or transferred to other banks before transactions were halted. The bank's President Abie Sano told a ...
News Ethiopia » Commerce: Ethiopia: Iceaddis, Mastercard Foundation partner on e-commerce start-ups
The agreement makes $4m in funding from Mastercard Foundation available to early stage start-ups over the next five years, Iceaddis CEO Markus Lemma tells The Africa Report. ICE stands for Innovation, ...
News Ethiopia » Commerce: Humanitarian Energy PLC (HumEn) Acquires Ethiopia's First Commercial Mini-grid License to Serve Refugee and Host Communities in Sheder, Somali Regional State
The Ethiopia Petroleum and Energy Authority (PEA) has granted the country's first commercial mini-grid license under its new mini-grid directive to Humanitarian Energy PLC (HumEn), an Ethiopian ...