Addis Fortune

"Addis Fortune" (also known as the "Fortune") is a private and independent newspaper in Ethiopia. [ [http://addisfortune.com/index.htm Addis Fortune] ] It is reportedly the largest English Weekly in the country. The paper claims to be the largest circulating paper in its category, surpassing all others in the competition by an average of 60%. [ [http://addisfortune.com/About_Addis_Fortune.htm Addis fortune performs better than other english papers] ] It is well known for its professionalism and it promotes free market with its in depth business news and analysis.

The newspaper is based in the Ethiopian capital city of Addis Ababa. While many newspapers suffered government crack down after the 2005 national election, most of its employees have survived and it remains one of the rare private papers in the country. However, it was reportedly attacked by the famous Ethiopian businessman Mohammed Al Amoudi for publishing a letter that criticized him. [ [http://arefe.wordpress.com/2007/11/08/alamudin-strkes-back-at-the-fortune/ Addis Fortune criticized by Al Amoudi] ]

The website often exposes corruption and other issues inside the Ethiopian business community. It was the first Ethiopian newspaper to reveal the breaking story of millions of dollars worth fake gold bought by the country's national bank. [http://www.youtube.com/watch?v=oxkGzL9ogS0 ETHIOPIA - National Bank bought Fake Gold] ] Since then many officials have been arrested. [ [http://www.addisfortune.com/Probe%20on%20Gilded%20Gold%20Lands%2019%20Suspects%20in%20Jail.htm Many arrested related to fake gold purchase] ]

References