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Ethiopia: Foreign Bank Entry – Gateway to Global Financing

2025-01-31 by EthioStockMarket.com Reporter

Experts believe that allowing foreign banks to operate in Ethiopia would significantly benefit the local financial sector. They argued that this move would boost competitiveness among local banks, …

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Half of Africans don’t have electricity. Can Mission 300 change that?

2025-01-31 by EthioStockMarket.com Reporter

An initiative led by the African Development Bank and World Bank is securing big money and political commitments to bring electricity to 300 Africans by 2030.

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News: Recent earthquakes displace 10,000 in Amhara’s North Shewa Zone; affected population across three regions nears 100,000

2025-01-31 by EthioStockMarket.com Reporter

The International Federation of Red Cross and Red Crescent Societies (IFRC) reported that more than 38 districts in the North Shewa Zone of the Amhara region, including Tarmaber, Efratana Gidm, and …

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President Tinubu Hails Nigerians As Canada, Ethiopian, Vatican Ambassadors Summit Letters Of Credence

2025-01-31 by EthioStockMarket.com Reporter

President Bola Tinubu has stated that the positive reports on Nigerians in the would inspire the younger generation on values that enhance the nation rsquo;s im …

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Ethiopia and Somalia vow to strengthen ties

2025-01-31 by EthioStockMarket.com Reporter

Ethiopia-Somaliland deal: Can the Horn of Africa rift be healed? Ethiopia warns against invasion amid regional tensions Why Ethiopia is so alarmed by an Egypt-Somalia alliance Somalia had …

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Ethiopia’s financial reforms may trigger new era of modern gold mining

2025-01-31 by EthioStockMarket.com Reporter

Ethiopia is moving closer to fulfilling its potential as a major gold mining jurisdiction, KEFI Gold and Copper executive chairman Harry Anagnostaras-Adams tells The Africa Report. ‘Success will …

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Ethiopian Airlines props up struggling Boeing as Africa’s only buyer

2025-01-31 by EthioStockMarket.com Reporter

The Ethiopian flag carrier was the continent’s only airline to have placed a new order for planes from Boeing in 2024, a difficult year for the American aircraft manufacturer.

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Lucy Ann Gardner Woytack

2025-01-31 by EthioStockMarket.com Reporter

Born in Scranton, daughter of the late Joseph and Isabel Sokoloski Gardner, Lucy graduated from Scranton Technical High School. Prior to her retirement, she worked for the C.C. Young Insurance Agency.

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Washington plane crash report says ‘control tower staffing level not normal’ at time of disaster

2025-01-31 by EthioStockMarket.com Reporter

A preliminary safety report found that a single controller was responsible for both managing helicopters in the airport’s vicinity and directing arriving and departing planes …

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‘Skin in the Game’: Lawyers Call for Pressure After American Airlines Crash

2025-01-30 by EthioStockMarket.com Reporter

"How do you force them to put skin in the game?" said airline industry plaintiff lawyer Robert A. Clifford, founder of Clifford Law Offices.

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Willis appoints Pat Donnelly as Head of Risk & Broking, North America

2025-01-30 by EthioStockMarket.com Reporter

Willis, a WTW business, (NASDAQ: WTW), today announced the appointment of Pat Donnelly as the new Head of Risk & Broking (R&B), North America, reporting to Lucy Clarke, President, R&B. Donnelly, a …

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Somalia: Somali Army Pursues al-Shabaab Remnants North of Mogadishu

2025-01-30 by EthioStockMarket.com Reporter

Mogadishu, Somalia – January 02, 2025 The Somali army continues its military operations in the Mahadaay (118 KM north Mogadishu capital city of Somalia)district of the Middle Shabelle region to …

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Ethiopia: Eih Eyeing SOEs Diversification, Transformation for Economic Boom

2025-01-30 by EthioStockMarket.com Reporter

– The Ethiopian Investment Holdings (EIH), government’s strategic investment arm, said that it is reinvigorating the role of State-owned Enterprises (SoEs) to generate a significant economic shift.

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Abu Dhabi-listed Phoenix Group enters Africa with Ethiopian Bitcoin mining deal

2025-01-29 by EthioStockMarket.com Reporter

Phoenix Group, an Abu Dhabi-listed blockchain and crypto solutions company, has signed an 80-megawatt power purchase agreement in Ethiopia, marking its strategic entry into the African market. The …

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Development Banks Have $56-Billion Plan to Boost Africa’s Access to Electricity

2025-01-29 by EthioStockMarket.com Reporter

International lenders have pledged an additional $8 billion to support a $48 billion World Bank and African Development Bank project aimed at bringing electricity to 300 million Africans by 2030.

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Ethiopian Investment Holdings Boosts State-Owned Enterprises

2025-01-29 by EthioStockMarket.com Reporter

Ethiopian Investment Holdings (EIH), the government’s strategic investment arm, is revitalizing State-Owned Enterprises (SoEs) to drive economic transformation.

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AM Best Affirms Credit Ratings of HDI Global Select Insurance Company

2025-01-29 by EthioStockMarket.com Reporter

CHICAGO, January 23, 2025–(BUSINESS WIRE)–HDI Global Insurance Company (HGIC), a wholly owned U.S. subsidiary of international Corporate & Specialty insurer, HDI Global SE (HDI), today announced …

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Ethiopia Actively Engaged in BRICS, Says Expert in Foreign Policy

2025-01-29 by EthioStockMarket.com Reporter

Ethiopia is actively working to benefit from the BRICS bloc, which has become a significant platform for expressing multilateral voices, Professor Brook Hailu said. The bloc, initially founded in 2006 …

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How climate change is breaking insurance—and theatening the global economy

2025-01-29 by EthioStockMarket.com Reporter

The devastating wildfires in Los Angeles have made one threat very clear: Climate change is undermining the insurance systems American homeowners rely on to protect themselves from catastrophes. This …

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