News
Birr Becomes the Weakest Currency in Sub-Saharan Africa in 2025
4+ hour, 9+ min ago (431+ words) The Ethiopian birr was the weakest currency in sub-Saharan Africa in 2025, amid sustained foreign exchange pressures that continue to weigh on one of the region's largest economies. The World Bank's Africa Economic Update, published earlier this week, identifies Ethiopia's currency…...
US Digital Health Firm Moves into Ethiopia and North'Eastern Africa
2+ day, 12+ hour ago (323+ words) Healthcare Triangle, Inc. , a California'based provider of cloud and AI'powered healthcare technology, has marked its first foray into Ethiopia as it broadens its push across North'Eastern Africa." Its subsidiary, Quantum Nexis Inc. , has won new contracts in Kenya, Botswana and…...
Deadly Floods in Gamo Zone Prompt $344, 000 Red Cross Response
5+ day, 5+ hour ago (378+ words) The International Federation of Red Cross and Red Crescent Societies has allocated CHF269, 020 (about 344, 000 US dollars) from its Disaster Response Emergency Fund to support relief efforts after heavy rains triggered lethal floods and landslides in southern Ethiopia's Gamo Zone. On March1011, sustained…...
UN Report Says Frontier Technologies Key to Accelerating Africa's Economic Transformation
1+ mon, 2+ day ago (401+ words) The United Nations Economic Commission for Africa (ECA) is set to publish its flagship Economic Report on Africa 2026, arguing that wider adoption of data and emerging technologies will be critical if African economies are to shift towards higher-productivity industries and…...
Ethiopian Actor and TV Host Netsanet Workneh Dies Aged 42
2+ mon, 3+ week ago (310+ words) Netsanet Workneh, one of Ethiopia's most prominent actors, comedians, and television hosts, has died following a brief illness, EBS Television confirmed. He was 42. Netsanet, whose career spanned more than two decades, became a household name for his roles in popular…...
Ethiopia Set to Begin Construction of Railway and Expressway Linking to Bishoftu Airport
2+ mon, 4+ week ago (287+ words) Prime Minister Abiy Ahmed(Ph D) has announced that preparations are underway to construct an expressway and a light railway as part of the Bishoftu Airport project. He stated that this infrastructure will support the development of what is set to…...
Carrefour Enters Ethiopia Through Franchise Deal With Midroc
3+ mon, 5+ day ago (297+ words) French retail giant Carrefour has announced its entry into Ethiopia through a franchise and supply agreement with Queens Supermarket PLC, a subsidiary of MIDROC Investment Group. The deal will see Carrefour's branding, products, and operational expertise rolled out across MIDROC's…...