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Ethiopian Business and Lifestyle

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Category: Business

Selected Business News From Ethiopia and Diaspora

In Ethiopia Mobile Money License to Safaricom M-Pesa Signals New Era for Digital Finance
Business

In Ethiopia Mobile Money License to Safaricom M-Pesa Signals New Era for Digital Finance

Tadias Magazine By Tadias Staff Updated: May 12th, 2023 New York (TADIAS) — In a significant development, Ethiopia has granted…

byTadias MagazineMay 12, 2023
Habeshaview Signs Agreement With Ethio Telecom to Provide IPTV Service
Business

Habeshaview Signs Agreement With Ethio Telecom to Provide IPTV Service

Tadias Magazine By Tadias Staff Updated: May 4th, 2023 New York (TADIAS) — Habeshaview Technology and Multimedia, a leading media,…

byTadias MagazineMay 4, 2023May 4, 2023
Ethiopian Airlines to Take Off to New US Destination: Atlanta!
Business

Ethiopian Airlines to Take Off to New US Destination: Atlanta!

Tadias Magazine Updated: May 2nd, 2023 New York (TADIAS) — Ethiopian Airlines is all set to commence its new service…

byTadias MagazineMay 2, 2023May 2, 2023
An Eco-Tech Company from Ethiopia Kubik Wins Global Startup Awards
Business

An Eco-Tech Company from Ethiopia Kubik Wins Global Startup Awards

Tadias Magazine Updated: April 4th, 2023 New York (TADIAS) — An Ethiopian environmental technology company, Kubik, has been named winner…

byTadias MagazineApril 4, 2023April 4, 2023
This Ethiopian Brand Is Brightening Homes With Its Colorful Textiles
Business

This Ethiopian Brand Is Brightening Homes With Its Colorful Textiles

The Spruce Updated: April 5th, 2023 Hana Getachew turned her passion for home textiles that were both vibrant and meaningful…

byTadias MagazineApril 3, 2023April 5, 2023
A Bank President Who Embraces the Unconventional (Ethio-American Profile)
Business

A Bank President Who Embraces the Unconventional (Ethio-American Profile)

Tadias Magazine Published: March 14th, 2023 New York (TADIAS) — In the following article The New York Times profiles Priscilla…

byTadias MagazineMarch 14, 2023March 14, 2023
Ethiopian Airlines Confirms CEO’s Early Retirement Due to Health Issues
Business

Ethiopian Airlines Confirms CEO’s Early Retirement Due to Health Issues

Ethiopian Airlines Statement March 23rd, 2022 Early Retirement of Mr. Tewolde GebreMariam, Ethiopian Group Chief Executive Officer. Mr. Tewolde GebreMariam…

byTadias MagazineMarch 23, 2022March 23, 2022
Bitcoin Magazine: Why Ethiopia Should Turn to Bitcoin
BusinessOpinion

Bitcoin Magazine: Why Ethiopia Should Turn to Bitcoin

Bitcoin Magazine The United States’ recent decision to remove Ethiopia from the African Growth And Opportunity Act (AGOA) trade program…

byTadias MagazineJanuary 20, 2022January 20, 2022
Forbes: Still Time for US to Reverse ‘Huge Mistake’ on Ethiopia AGOA Exit
Business

Forbes: Still Time for US to Reverse ‘Huge Mistake’ on Ethiopia AGOA Exit

Forbes The United States announced a plan to remove Ethiopia from the African Growth and Opportunity Act (AGOA) by the…

byTadias MagazineDecember 6, 2021December 27, 2021
BUSINESS: Forbes on Why Team Biden Shouldn’t Mess With US-Ethiopia Trade
Business

BUSINESS: Forbes on Why Team Biden Shouldn’t Mess With US-Ethiopia Trade

Forbes Team Biden Should Avoid Harming AGOA As day turns to night in Ethiopia, International crisis negotiators are feverishly working…

byTadias MagazineNovember 19, 2021November 19, 2021
Real Estate in Ethiopia: Q&A About KEFITA with CEO & Founder of ROCKSTONE
BusinessProfiles

Real Estate in Ethiopia: Q&A About KEFITA with CEO & Founder of ROCKSTONE

Ethiopians in the Diaspora are receiving growing opportunities to invest in real estate in Ethiopia.

byTadias MagazineSeptember 5, 2021October 9, 2021
UPDATE: Ethiopia to Reopen Bidding for Second Telecoms License, Officials Say
Business

UPDATE: Ethiopia to Reopen Bidding for Second Telecoms License, Officials Say

REUTERS By Dawit Endeshaw EXCLUSIVE Ethiopia to reopen bidding for second telecoms licence, officials say ADDIS ABABA, Aug 2 (Reuters)…

byTadias MagazineAugust 3, 2021
Business

UPDATE: France’s Orange Submits Interest for Stake in Ethio Telecom – Official

Reuters ADDIS ABABA – France’s telecom firm Orange has submitted an expression of interest to participate in the ongoing partial…

byTadias MagazineJuly 21, 2021
UPDATE: Ethiopia Grants Final License to New Mobile Operator
Business

UPDATE: Ethiopia Grants Final License to New Mobile Operator

Mobile World Live The first private mobile operator in Ethiopia moved a step closer to launching services after the nation’s…

byTadias MagazineJuly 16, 2021July 16, 2021
Renewed Hope: How Bitcoin And Green Energy Can Save Ethiopia’s Economy
Business

Renewed Hope: How Bitcoin And Green Energy Can Save Ethiopia’s Economy

Forbes Selamawit Girma, a mother of three living in Ethiopia’s capital Addis Ababa, is worried. Her monthly salary of 4,000…

byTadias MagazineJuly 13, 2021
UPDATE: IMF Encourages Formation of Ethiopia Creditor Committee
Business

UPDATE: IMF Encourages Formation of Ethiopia Creditor Committee

Reuters The International Monetary Fund said on Tuesday it “strongly encourages the swift formation” of a creditor committee for Ethiopia…

byTadias MagazineJuly 7, 2021July 7, 2021
Ethiopian Airlines Leads Africa in Passenger Traffic During the COVID Crisis
Business

Ethiopian Airlines Leads Africa in Passenger Traffic During the COVID Crisis

Travel Daily News Ethiopian continues to lead Africa in passenger traffic during the COVID crisis ADDIS ABABA – Ethiopian Airlines…

byTadias MagazineJuly 7, 2021July 7, 2021
BUSINESS: In Ethiopia, Abiy Tries to Charm Europe’s Top Pharmaceuticals
Business

BUSINESS: In Ethiopia, Abiy Tries to Charm Europe’s Top Pharmaceuticals

Africa Intelligence Abiy tries to charm Europe’s top pharma groups While most of Africa is encountering Covid-19 vaccine distribution difficulties,…

byTadias MagazineJune 24, 2021
Rolling Stone on Motown Records’ CEO Ethiopia Habtemariam
Business

Rolling Stone on Motown Records’ CEO Ethiopia Habtemariam

This story appears in Rolling Stone‘s 2021 Future of Music issue, a special project delving into the next era of the multibillion-dollar hitmaking business.

byTadias MagazineJune 17, 2021June 19, 2021
UPDATE: Ethiopia Launches Tender Process to Sell 40% Stake in Ethio Telecom
Business

UPDATE: Ethiopia Launches Tender Process to Sell 40% Stake in Ethio Telecom

Reuters ADDIS ABABA – Ethiopia on Monday launched a tendering process for the proposed sell-off of a 40% stake in…

byTadias MagazineJune 15, 2021
Twitter Appointments Mimi Alemayehou to Board of Directors
Business

Twitter Appointments Mimi Alemayehou to Board of Directors

Press Release Twitter Announces Appointment of Mimi Alemayehou and Departure of Jesse Cohn Mimi Alemayehou to join the Board, bringing…

byTadias MagazineJune 14, 2021June 14, 2021
UPDATE: Ethiopia Lost $500m on Telecom License Mobile-Money Move, PM Says
Business

UPDATE: Ethiopia Lost $500m on Telecom License Mobile-Money Move, PM Says

Bloomberg Ethiopia’s decision to exclude mobile money from the terms of two new telecom licenses cost the government about $500…

byTadias MagazineMay 12, 2021May 12, 2021
Business

In Ethiopia, Investment Bank Law May Herald Creation of Stock Exchange

The Africa Report Ethiopia has been progressively opening its banking sector since 2016. As the country moves ahead with its…

byTadias MagazineApril 28, 2021
How Africa Is Getting Its Mobile Game On! Ethiopia’s Endless Creative Inspiration
Business

How Africa Is Getting Its Mobile Game On! Ethiopia’s Endless Creative Inspiration

Forbes Africa In Africa, a new creative energy is seeing tech geeks give up their consoles and day jobs to…

byTadias MagazineApril 26, 2021April 30, 2021
UPDATE: US-backed Vodafone & China-backed MTN are Only Bidders for Ethiopia
Business

UPDATE: US-backed Vodafone & China-backed MTN are Only Bidders for Ethiopia

Capacity Media Ethiopia received just two bids, from MTN working China’s Silk Road Fund and a US-backed and Vodafone-led consortium,…

byTadias MagazineApril 26, 2021April 27, 2021
UPDATE: IMF & World Bank Say Ethiopia’s Debt is Sustainable
Business

UPDATE: IMF & World Bank Say Ethiopia’s Debt is Sustainable

Bloomberg News Rescheduling Payments to Ease Ethiopia Debt Risks, IMF Says Extending external-loan repayments over a longer period will help…

byTadias MagazineApril 17, 2021
UPDATE: Amole & Visa Partner to Expand Digital Payments in Ethiopia
Business

UPDATE: Amole & Visa Partner to Expand Digital Payments in Ethiopia

PRWeb Moneta Technologies “Amole” and Visa form Strategic Partnership to Expand Access to Digital Payments for Ethiopian Merchants and Banks…

byTadias MagazineApril 15, 2021
Business: Ethiopia Seeks Market-Friendly Solution to Debt Restructuring
Business

Business: Ethiopia Seeks Market-Friendly Solution to Debt Restructuring

Bloomberg By Alonso Soto and Samuel Gebre Ethiopia’s government wants to find a “market friendly” solution for a planned debt…

byTadias MagazineApril 11, 2021April 11, 2021
CNBC Africa: Ethiopia’s Economy Grew by 6% Despite COVID-19 Shocks
Business

CNBC Africa: Ethiopia’s Economy Grew by 6% Despite COVID-19 Shocks

CNBC Africa Ethiopia’s economy grew by 6% despite COVID-19 shocks Ethiopia’s economy grew by 6 per cent in the 2020…

byTadias MagazineMarch 25, 2021March 26, 2021
Chef Shumu Adem’s Journey From Ethiopia to America’s Heartland
Business

Chef Shumu Adem’s Journey From Ethiopia to America’s Heartland

Shimelis “Shumu” Adem is the executive chef at Lucas Oil Stadium and the Indiana Convention Center.

byTadias MagazineMarch 16, 2021April 7, 2021
Business: Ethiopian Economy Regaining Momentum in 2021
Business

Business: Ethiopian Economy Regaining Momentum in 2021

CNBC Africa Fairfax Africa Fund Chair, Negatu sees Ethiopian economy regaining momentum in 2021 Ethiopia’s economy saw a slowdown in…

byTadias MagazineMarch 15, 2021
UPDATE: U.S. Company Visa Ready To Digitize Payments In Ethiopia
Business

UPDATE: U.S. Company Visa Ready To Digitize Payments In Ethiopia

CIO By Staff Writer Visa Affirms Commitment To Digitise Payments In Ethiopia During Inaugural Visa Payments Forum Digitised payments are…

byTadias MagazineMarch 13, 2021March 13, 2021
Business: In Ethiopia ArifPay Raises $3.5m, Taxi-hailing Company ‘Feres’ Launches E-commerce Service Called ‘Feresegna’
Business

Business: In Ethiopia ArifPay Raises $3.5m, Taxi-hailing Company ‘Feres’ Launches E-commerce Service Called ‘Feresegna’

Shega ArifPay Closes A $3.5 M Private Placement Round From 31 Investors ArifPay ( ArifPay Financial Technologies Share Company ),…

byTadias MagazineMarch 12, 2021March 12, 2021
Video: Professor Lemma Senbet Explains Africa’s New Free Trade Area
Business

Video: Professor Lemma Senbet Explains Africa’s New Free Trade Area

Smith Business School The Global Pulse is a short, 2-3 minute video series released on Wednesdays featuring Maryland Smith faculty…

byTadias MagazineMarch 11, 2021March 12, 2021
Video: The Ethiopian Food Truck In Denver
Business

Video: The Ethiopian Food Truck In Denver

KWGN-TV Yoseph Assefa and Fetien Gebre-Michale created the Ethiopian Food Truck back in 2015 and it was the first Ethiopian…

byTadias MagazineMarch 8, 2021March 8, 2021
Q&A: Amen Temesgen, Founder of  BeNu Foods, on His Ethiopian Startup Business
Business

Q&A: Amen Temesgen, Founder of BeNu Foods, on His Ethiopian Startup Business

High-protein biscuits: Ethiopian food startup founder gives snapshot of his business.

byTadias MagazineMarch 4, 2021March 4, 2021
UPDATE: IMF Backs Ethiopia’s Plan to Rework Debt Under G-20 Framework
Business

UPDATE: IMF Backs Ethiopia’s Plan to Rework Debt Under G-20 Framework

Bloomberg By Samuel Gebre The International Monetary Fund backed Ethiopia’s plan to rework its debt under the Group of 20…

byTadias MagazineFebruary 23, 2021February 25, 2021
Business: Seattle Coffee Importer Expands QMS From Mexico to Ethiopia
Business

Business: Seattle Coffee Importer Expands QMS From Mexico to Ethiopia

Daily Coffee News Seattle-area green coffee company San Cristobal Coffee Importers has expanded its producer-centered quality management and traceability system,…

byTadias MagazineFebruary 18, 2021February 18, 2021
World Bank Calls for Unbiased Infrastructure Policy in Ethiopia
Business

World Bank Calls for Unbiased Infrastructure Policy in Ethiopia

Developing Telecoms The World Bank has confirmed plans to invest $200 million into Ethiopia’s digital economy as the country liberalises…

byTadias MagazineFebruary 16, 2021February 18, 2021
BUSINESS UPDATE: S&P Joins Fitch in Downgrade of Ethiopia on Debt Issue
Business

BUSINESS UPDATE: S&P Joins Fitch in Downgrade of Ethiopia on Debt Issue

Reuters Updated: February 13th, 2021 S&P joins Fitch in downgrade of Ethiopia on potential debt restructuring S&P Global Ratings on…

byTadias MagazineFebruary 9, 2021February 14, 2021
Ethiopian-Born D.C. Businessman, Yimaj “Steve” Kalifa, Helps Howard University Fight The Pandemic
Business

Ethiopian-Born D.C. Businessman, Yimaj “Steve” Kalifa, Helps Howard University Fight The Pandemic

Businessman, Yimaj Kalifa is paying back the community that helped him build his fortune.

byTadias MagazineFebruary 6, 2021May 10, 2021
A Tour Through Little Ethiopia in LA
Business

A Tour Through Little Ethiopia in LA

LA Eater Look closer at the restaurants on Fairfax Avenue with its founding family The heavily trafficked stretch of Ethiopian-owned…

byTadias MagazineFebruary 4, 2021February 8, 2021
Review: How the Pandemic Has Changed Ethiopian Dining in DC Area, For Now
Business

Review: How the Pandemic Has Changed Ethiopian Dining in DC Area, For Now

The Washington Post Ethiopian dining is as much about community as food. The pandemic has changed that, for now. A…

byTadias MagazineFebruary 3, 2021February 3, 2021
UPDATE: Ethiopia May Engage Private Creditors After Debt Review
Business

UPDATE: Ethiopia May Engage Private Creditors After Debt Review

Bloomberg Ethiopia may approach private creditors for debt talks after it reviews liabilities with official lenders amid security risks that…

byTadias MagazineFebruary 2, 2021
UPDATE: Ethiopia Extends Deadline for New Telecom License Bids by a Month
Business

UPDATE: Ethiopia Extends Deadline for New Telecom License Bids by a Month

Reuters Ethiopia has extended the deadline for telecom firms to bid for new operating licenses by a month to April…

byTadias MagazineFebruary 2, 2021
France Suspends Ethiopian Airlines Flights For Four Days Due to COVID-19 Violation
Business

France Suspends Ethiopian Airlines Flights For Four Days Due to COVID-19 Violation

AFP The French government is suspending Ethiopian Airlines for four days over a failure to ensure passengers have had negative…

byTadias MagazineJanuary 30, 2021January 31, 2021
Watch: In New York Activists Rally to Save Ethiopian Coffee Shop in Bronx
Business

Watch: In New York Activists Rally to Save Ethiopian Coffee Shop in Bronx

ABC 7 News Activists Rally to Save Ethiopian Coffee Shop in Bronx RIVERDALE, Bronx (WABC) — An Ethiopian coffee shop…

byTadias MagazineJanuary 25, 2021
UPDATE: Ethiopia Telecom Reports 12% Rise in H1 Revenue
Business

UPDATE: Ethiopia Telecom Reports 12% Rise in H1 Revenue

Reuters State-run Ethio Telecom, expected to be partly sold off as Ethiopia liberalises its economy, reported a 12% rise in…

byTadias MagazineJanuary 22, 2021January 22, 2021
Feleg Tsegaye of ‘Deliver Addis’
BusinessProfiles

Feleg Tsegaye of ‘Deliver Addis’

Feleg Tsegaye was born to exiled Ethiopian parents in the U.S. before he moved to Ethiopia to start ‘Deliver Addis’

byTadias MagazineJanuary 11, 2021February 10, 2021
Hana Getachew, the Ethiopian-American Founder of Bolé Road Textiles
Business

Hana Getachew, the Ethiopian-American Founder of Bolé Road Textiles

For Hana Getachew, the Ethiopian-American founder of Bolé Road Textiles, a love of textiles can be traced back to childhood.

byTadias MagazineJanuary 8, 2021March 22, 2021
Ethiopia Gets Debt Deadline Extension; Says Election To Be Held in June
Business

Ethiopia Gets Debt Deadline Extension; Says Election To Be Held in June

Reuters Paris Club of creditors: Ethiopia gets debt deadline extension PARIS (Reuters) – Ethiopia will get a deadline extension for…

byTadias MagazineDecember 24, 2020December 25, 2020
Q&A: Meet Semhal Guesh, Ethiopian Architect-Turned-Manufacturer Produces Leather Bags for Export Market
Business

Q&A: Meet Semhal Guesh, Ethiopian Architect-Turned-Manufacturer Produces Leather Bags for Export Market

How We Made It In Africa We speak to Semhal Guesh, CEO of Kabana Leather, an Ethiopian company that produces…

byTadias MagazineDecember 18, 2020December 18, 2020
Marcus Samuelsson on Restaurants in 2020: Fear, Change—and Hope – WSJ
Business

Marcus Samuelsson on Restaurants in 2020: Fear, Change—and Hope – WSJ

The Wall Street Journal By Marcus Samuelsson The owner and chef of Red Rooster says Covid-19 has forced a rethinking…

byTadias MagazineDecember 17, 2020December 18, 2020
Forbes Names President Sahle-Work Zewde Among 100 Most Powerful Women
Business

Forbes Names President Sahle-Work Zewde Among 100 Most Powerful Women

Tadias Magazine By Tadias Staff Updated: December 10th, 2020 New York (TADIAS) — Forbes Magazine has named Ethiopia’s President Sahle-Work…

byTadias MagazineDecember 10, 2020December 18, 2020
Spotlight: The Media Firestorm Concerning AI Researcher Timnit Gebru & Google
Business

Spotlight: The Media Firestorm Concerning AI Researcher Timnit Gebru & Google

Last week Timnit Gebru took to Twitter to air her mistreatment in the hands of Google officials who sought to silence her latest research that discovered racial bias in A.I. technology.

byTadias MagazineDecember 5, 2020March 20, 2021
NYT Features Anna Getaneh’s African Mosaique in Ethiopia
Business

NYT Features Anna Getaneh’s African Mosaique in Ethiopia

Not far from Addis Ababa’s British Embassy stands a lovely tree-shaded villa. It’s here that Anna Getaneh opened her boutique almost four years ago, in a home her father had built.

byTadias MagazineNovember 25, 2020December 20, 2020
Ethiopia To Take Major Step to Open Phone Market
Business

Ethiopia To Take Major Step to Open Phone Market

Bloomberg By Simon Marks and Samuel Gebre Long-Isolated Ethiopia To Take Major Step to Open Phone Market Ethiopia will start…

byTadias MagazineNovember 25, 2020December 18, 2020
Spotlight: Marcus Samuelsson’s New Book ‘The Rise’
Business

Spotlight: Marcus Samuelsson’s New Book ‘The Rise’

The Associated Press Chef Marcus Samuelsson celebrates the variety of Black food NEW YORK (AP) — If anyone asks chef…

byTadias MagazineNovember 4, 2020December 18, 2020
TOP 100 Ethiopian Restaurants in US: Yelp
Business

TOP 100 Ethiopian Restaurants in US: Yelp

Yelp By Helina Wolde Medhin, Senior Community Director II, Yelp Los Angeles Ethiopia. Birthplace of coffee. Source of the (Blue)…

byTadias MagazineOctober 25, 2020December 18, 2020
Fashion Spotlight: Amsale Unveils Fall 2021 Collection
Business

Fashion Spotlight: Amsale Unveils Fall 2021 Collection

Founded by Amsale Aberra and Neil Brown, The Amsale Group is one of the world’s leading luxury bridal houses based in NYC.

byTadias MagazineOctober 7, 2020December 18, 2020
UPDATE: Ethiopia Says GERD Dam Will Begin Generating Power in Next 12 Months
Business

UPDATE: Ethiopia Says GERD Dam Will Begin Generating Power in Next 12 Months

Reuters Updated: October 5th, 2020 ADDIS ABABA (Reuters) – Ethiopia’s giant new hydropower dam on the Blue Nile will begin…

byTadias MagazineOctober 4, 2020December 18, 2020
Meet Leah Bekele, VP at Warner Records
Business

Meet Leah Bekele, VP at Warner Records

Leah Bekele, Vice President at Warner Records, is another Ethiopian-American trailblazer in the U.S. music industry.

byTadias MagazineSeptember 3, 2020December 20, 2020
Marcus Samuelsson Named Guest Editor of Bon Appétit Magazine
Business

Marcus Samuelsson Named Guest Editor of Bon Appétit Magazine

Celebrity chef, author and businessman Marcus Samuelsson has been named guest editor of the upcoming holiday edition of Bon Appétit.

byTadias MagazineAugust 18, 2020January 9, 2021

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