A news agency in Ethiopia's Amhara region said on Wednesday that more than 10,000 Tigrayan troops had been "destroyed" during ...

The Ethiopian government intends to raise 30 billion birr ($255 million) as part of the IPO of the state-owned telecommunications company Ethio Telecom. This is reported in the press release of ...

Addis Ababa — Ethio telecom announced that it has generated 162 billion Birr in total revenue during the just-ended Ethiopian fiscal year, achieving 99 percent of its annual plan. Presenting the ...

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Ethio Lease, a foreign-owned financial company operating in Ethiopia, said it will close after the National Bank of Ethiopia changed currency laws and made it impossible for it to repay its debts. The ...

The Ethiopian government intends to sell 10% of the shares of the state-owned telecommunications operator Ethio Telecom before listing the company's shares in the Ethiopian Securities Exchange. This ...