Oromia Insurance Company, which joined Ethiopian insurance business a year ago, announced that its total asset has grown by 43 percent.
Ethiopia, which has been in a severe electric power shortage few months ago, finally adds a new 420 Mega Watt hydro power station to its national grid.
A photographic exhibition, which shows the 13 new universities built in Ethiopia over the past few years, opens at Goethe Institute last night January 11, 2009.
BY YENENEH SISAY – The Chinese government and Ethiopia announced that they are working to increase the bilateral trade between them to three billion USD by the year 2015.
Despite the global financial crises, banking business in Ethiopia is booming. Four new banks are currently under-formation while the existing ones continue announcing profit increment every year.
The Revenue and Customs Authority of Ethiopia over the past months revoked trade licenses of 82 businesses for not starting to use the sales registering machine on the time table set by the authority.