Ethio-Djibouti Railway Share Company (EDR) says it plans to double its fleet of freight wagons and electric locomotives by the end of this year, a move intended to raise cargo-handling capacity on the ...
The proposed deal still needs sign-off from the International Monetary Fund and Ethiopia’s bilateral creditors. Based on the government’s statement, bondholders would accept a 15% cut to principal, ...
Carrefour, a Global Supermarket Retailer, Signs Franchise Partnership to Roll out Stores in Ethiopia
Carrefour has announced a franchise and supply partnership with Queens Supermarket PLC, a subsidiary of Midroc Investment Group, to introduce Carrefour-branded retail operations in Ethiopia.
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