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Safaricom Half-Year Profit Rises 55% as Ethiopia O…

Nov 6, 2025 | 2M Editor | ICT and Telecom

Safaricom Half-Year Profit Rises 55% as Ethiopia Operations Improve

Kenyan telecom operator Safaricom PLC has reported a 55% rise in half-year profit, supported by strong performance in its domestic market and reduced losses in Ethiopia.

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Ethiopia: Phoenix Group Opens 30MW Hydropower-Powe…

Nov 6, 2025 | 2M Editor | ICT and Telecom

Ethiopia: Phoenix Group Opens 30MW Hydropower-Powered Data and Crypto Facility in Addis Ababa

Phoenix Group, a portfolio company of International Holding Company (IHC) and a global operator of digital asset infrastructure, has launched a 30-megawatt (MW) crypto-mining and digital infrastructure facility in Addis...

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Ethiopia and China Sign Bilateral Market Access Pr…

Nov 6, 2025 | 2M Editor | Latest Business Alerts

Ethiopia and China Sign Bilateral Market Access Protocol at WTO Headquarters

Ethiopia and China have signed a Bilateral Market Access Protocol at the World Trade Organization (WTO) headquarters in Geneva as part of Ethiopia’s ongoing accession process to the organization.

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Ethiopia Expands Cocoa Production to Tap Global Ch…

Nov 4, 2025 | 2M Editor | Import and Export

Ethiopia Expands Cocoa Production to Tap Global Chocolate Market

Ethiopia is accelerating efforts to develop its cocoa industry as part of a broader plan to diversify agricultural exports and enter the global chocolate market.

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Ethiopian Coffee Exporters Eye China’s Expanding M…

Nov 4, 2025 | 2M Editor | Import and Export

Ethiopian Coffee Exporters Eye China’s Expanding Market at Upcoming Shanghai Expo

Ethiopian coffee exporters are preparing to showcase the country’s world-renowned Arabica beans at the eighth China International Import Expo (CIIE), set for November 5 - 10 in Shanghai. Among them...

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