Photo Credit: Samuel Habtab



RedFox Solutions Group launched its data center, RedFox Modular Data Center (RFETH-MDC01), in the country’s ICT Park located in Addis Ababa with Adane Kassaye, CEO, stating that “our goal is to be a pre-eminent data center provider in the region. Redfox builds its data centers in phases; our first modular data center, which is now operational will be followed by our build-to-suite server farm.


Jubilation and excitement featured all over Addis Ababa as the Ethiopian athletics team that registered 10 medals—four gold, four silver, and two bronze—returned home from the World Athletics Championship in Oregon, USA. The team of athletes, coaches, and administration staff—including Ethiopian Athletics Federation President Derartu Tulu—toured the city’s avenues for hours before a congratulatory event at the National Palace in the presence of President SahleWorq Zewde.

Photo Credit: Samuel Habtab


Sergei Lavrov, Minister of Foreign Affairs of the Russian Federation, took part in the national seedling planting endeavors at his nation’s embassy in Addis Ababa, alongside his Ethiopian counterpart Demeke Mekonnen. Thereafter, the minister held a press conference where various issues were raised.

Photo Credit: Samuel Habtab


Photo Credit: Samuel Habtab


Coca-Cola Beverages Africa – Ethiopia inaugurated its new factory built at a cost of USD100 million which will provide jobs for 500 permanent employees and produce more than 100 million packages per year. In addition, the plant has the capacity to produce inputs including plastic bottles and caps.

Coca-Cola first opened its Ethiopian operations in the Abinet area of Addis Ababa in 1952 and the new plant in Sebeta of the State of Oromia commenced construction in 2019. The company has plans to expand with a Hawassa plant in the future.

The company now has over 3,500 permanent employees, while more than 70,000 are beneficiary through their value chain. With the opening of the new plant, the beverage giant will introduce Minute Maid drinks to the Ethiopian Market.

Photo Credit: Samuel Habtab


Photo Credit: Samuel Habtab


Photo Credit: Samuel Habtab


Photos from the first press conference at the soon-to-be inaugurated CBE headquarters.

Photo Credit: Samuel Habtab


Photo Credit: Samuel Habtab

Ethiopian Business Review | EBR is a first-class and high-quality monthly business magazine offering enlightenment to readers and a platform for partners.

2Q69+2MM, Jomo Kenyatta St, Addis Ababa

Tsehay Messay Building

Contact Us

+251 961 41 41 41