Ethiopia’s sovereign wealth fund has signed a shareholder agreement with UK private equity firm Asset Green for a $600 million dairy farming and processing project in the Horn of Africa nation.

The Group Chief Executive Officer (GCEO) of Ethiopian Airlines, Mr. Mesfin Tasew, has been honoured with the ‘Lead­ership in Connecting Africa through Transport Award.’ A statement by the media ...

Aliko Dangote, Africa’s richest man, announced a $400 million plan to revive a second production line at the Mugher cement ...

The country’s electric utility monopoly, the state-owned Ethiopian Electric Utility (EEU), has posted a 62 percent profit surge for 2024.

The state's utility regulator emphasizes the need for ... largely to make the electric grid more reliable, while supporting more oil and gas production. It defined energy as "crude oil, natural ...

Executives from Louisville Gas and Electric and Kentucky Utilities, Ohio Valley Electric Corp. and Indiana-Kentucky Electric Corp., and Duke Energy signed the letter. Lisa Evans, a senior counsel ...

The beauty brand has been shaking up its executive leadership over the past year, as Stéphane de La Faverie started as chief executive in the beginning of 2025. Bowes succeeds Micheal O'Hare ...

Ned Lamont doubled down Friday on his support for Marissa Gillett, his embattled chief ... the highest electric rates and I don’t think this is any time not to be holding our utilities ...

In January 2024, Ethiopia made history as the first country in the world to ban the import of petrol and diesel vehicles, aiming to tackle fuel dependence and pollution. A year on, electric ...

Additionally, the IMF chief is expected to engage with representatives from Ethiopia's private sector to discuss the business climate and investment opportunities. Her visit will also include ...

Mango has appointed its chief executive, Toni Ruiz, as chairman of the board of directors of Punto Fa S.L., the fashion retailer’s parent company. The move follows the death of Mango founder and ...