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Ethiopian Airlines to boost tourism into Nigeria

2025-05-02 by EthioStockMarket.com Reporter

Nigeria is fast emerging as Africa’s leading hub for entertainment and cultural events, and Ethiopian Airlines is poised to support momentum.

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Ethiopia: Enhancing the Nation Hard Currency to Make the Nation Economy Competent

2025-05-02 by EthioStockMarket.com Reporter

The government homegrown economic reform clearly indicates that the ongoing liberalization will be consolidated.

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Union warns of half-term strikes at Gatwick

2025-05-02 by EthioStockMarket.com Reporter

Strikes at Gatwick Airport could lead to delayed or cancelled flights over the May half-term, a union has warned. Plane refuellers from Redline Oil Services, who work for airlines including easyJet, …

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We will reposition NIB towards rapid industrialisation – MD

2025-05-02 by EthioStockMarket.com Reporter

Chief Dr Doli-Wura Awushi Abdul-Malik Seidu Zakaria, the Managing Director of National Investment Bank (NIB) PLC, says the bank will reposition itself to ensure rapid industrialisation.He said under …

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Host Communities Shape Refugee Welfare, But Jobs Remain Out of Reach in Ethiopia

2025-05-02 by EthioStockMarket.com Reporter

A World Bank study reveals that in-camp refugees in Ethiopia face significantly higher poverty and lower consumption than host communities, primarily due to limited employment opportunities and aid …

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Etihad grows footprint in Africa as flights to Nairobi double

2025-05-02 by EthioStockMarket.com Reporter

Responding to growing demand, Etihad moves to double daily Nairobi services less than a year after launch. ABU DHABI, UNITED ARAB EMIRATES – Etihad Airways, the national airline of the United Arab …

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Phoenix Group adds 52 megawatts of Bitcoin mining capacity in Ethiopia

2025-05-02 by EthioStockMarket.com Reporter

Abu Dhabi, UAE: Phoenix Group PLC (ADX:PHX), a pioneering global cryptocurrency, blockchain, and next-generation digital asset infrastructure company, has secured an additional 52 MW of mining …

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AfDB, Inter-American Development Bank ink $3.2 billion deal

2025-05-02 by EthioStockMarket.com Reporter

The African Development Bank Group (AfDB) has signed a $3.2 billion Exposure Exchange Agreement with the Inter-American Development Bank (IADB).

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Bitcoin miner Phoenix Group adds 52 MW of mining capacity in Ethiopia

2025-05-02 by EthioStockMarket.com Reporter

With an additional 52 megawatts added in Ethiopia, Phoenix Group now operates 132 megawatts in the country and claims a global mining capacity exceeding 500 megawatts.

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Ethiopia launches construction of Africa’s largest airport to redefine the continent’s aviation future

2025-05-02 by EthioStockMarket.com Reporter

In a bold move to assert itself as a continental aviation powerhouse, Ethiopia is embarking on a $7.8 billion infrastructure project to construct Bishoftu International Airport, which, upon completion …

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City National Bank of Florida opening new HQ in Coral Gables, marking year’s biggest office lease

2025-05-01 by EthioStockMarket.com Reporter

This summary is reviewed by TRD Staff. City National Bank of Florida is opening a new 145,000-square-foot headquarters in Coral Gables, marking the biggest South Florida office lease this year.

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International Finance Corporation of WB Group Hails Ethiopia’s Efforts to Create Enabling Environment for Investment

2025-05-01 by EthioStockMarket.com Reporter

Ethiopia’s Finance Minister Ahmed Shide conferred with the International Finance Corporation (IFC) of the World Bank Group on the margins of the 2025 World Bank –IMF (WB-IMF) Spring Meetings. In its …

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Ethiopia’s inflation rate to decline to 10% in 2025/2026 fiscal year

2025-05-01 by EthioStockMarket.com Reporter

NAIROBI/WASHINGTON, April 24 (Reuters) – Ethiopia’s inflation is expected to decline to 10% in the coming financial year, the country’s central bank chief Mamo Mihretu said on Thursday …

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Ethiopia: Latest news, breaking stories and comment

2025-05-01 by EthioStockMarket.com Reporter

In the women’s race, Ethiopia ‘s Tigst Assefa won by a considerable distance on a sun-soaked morning in London, shattering the women’s-only world record in the process. The 28-year-old Assefa …

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Ethiopian Airlines seeks increased tourism into Nigeria

2025-05-01 by EthioStockMarket.com Reporter

Ethiopian Airlines says it is intensifying efforts to promote tourism to and from Nigeria to boost the growing momentum of the industry. The Area Manager of Ethiopian Airlines, Nigeria, Mrs Firiehiwot …

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Ethiopia Plans Full Groundwater Mapping Within Five Years

2025-05-01 by EthioStockMarket.com Reporter

Ethiopia launches five-year national project to identify and map all groundwater resources • The country aims to build a reliable database to support future water management and fight recurring …

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National Bank of Canada signs deal to buy PGM Global Holdings

2025-05-01 by EthioStockMarket.com Reporter

MONTREAL – National Bank of Canada has signed a deal to buy PGM Global Holdings Inc., the parent company of PGM Global Inc. which is a Montreal-based provider of institutional trading services.

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Generali seeking to renew its “green cat bond” with EUR200m Lion Re DAC

2025-05-01 by EthioStockMarket.com Reporter

Italian and global insurance giant Assicurazioni Generali S.p.A. is looking to renew its soon to mature green catastrophe bond with a new EUR 200 million …

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iFAST Global Bank Unveils Multi-Currency Current Account Offering High Interest and Cashback, Collaborating with Visa on Debit Card

2025-05-01 by EthioStockMarket.com Reporter

LONDON, April 25, 2025 /PRNewswire/ — iFAST Global Bank ("iGB" or the "Bank") is making new strides in UK banking with the launch of its unique Multi-Currency Current Account, an innovative …

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