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  • Abyssinia Bank makes one billion birr profit
  • Ethiopia PM visits street children’s house under-construction
  • Europe provides 170 million Euros to Ethiopia’s reform
  • Bunna Bank of Ethiopia profit up 46 percent
  • Ethiopia’s Nib bank makes 928 million birr profit
Monday, December 09, 2019
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Month: December 2019

Chinese companies to setup $2 billion bamboo processing in Ethiopia
Manufacturing

Chinese companies to setup $2 billion bamboo processing in Ethiopia

Two Chinese companies have concluded a deal with Ethiopian government to invest a total of $2 billion to process Ethiopia’s bamboo and produce paper products for both local and export market.

Posted on April 30, 2019April 30, 2019 Author NBE Comments Off on Chinese companies to setup $2 billion bamboo processing in Ethiopia
Ethiopia to build 40 million euro cardiac center
Health

Ethiopia to build 40 million euro cardiac center

With the financial assistance from the government of the Netherlands, Ethiopia is set to build a specialized cardiac center in Addis Ababa inside the Black Lion Specialized Hospital compound.

Posted on April 30, 2019April 30, 2019 Author NBE Comments Off on Ethiopia to build 40 million euro cardiac center
Ethiopia purchases 1.3 million metric tons fertilizer
Agribusiness

Ethiopia purchases 1.3 million metric tons fertilizer

In preparation for the upcoming Meher agriculture season (from June to August), the government of Ethiopia has purchased 1.3 million metric tons of fertilizer.

Posted on April 30, 2019April 30, 2019 Author NBE Comments Off on Ethiopia purchases 1.3 million metric tons fertilizer
Ethiopian wins best African cargo airline awards
Travel

Ethiopian wins best African cargo airline awards

Ethiopian Cargo and Logistic Services says it has won ‘2019 Best Cargo Airline –Africa’ Award at the Air Cargo News Awards  held in London, UK.

Posted on April 30, 2019 Author NBE Comments Off on Ethiopian wins best African cargo airline awards
E-Trike launches electric car assembly in Ethiopia
Manufacturing

E-Trike launches electric car assembly in Ethiopia

Mitsui and Co. Ltd,  the Japanese electric auto manufacturing company on Friday launched an assembly plant in Ethiopia for its electric car (E-Trike).

Posted on April 28, 2019April 28, 2019 Author NBE Comments Off on E-Trike launches electric car assembly in Ethiopia
Ethiopia lost its former president
Health

Ethiopia lost its former president

Ethiopia today lost its former President Dr. Negasso Gidada in Germany where he was getting medical treatment, the state broadcaster said.

Posted on April 27, 2019April 27, 2019 Author NBE Comments Off on Ethiopia lost its former president
Ethiopia launches investigations on private colleges
Education

Ethiopia launches investigations on private colleges

In an attempt to rescue the deteriorating education quality, the government of Ethiopia has launched investigations on all private higher institutions.

Posted on April 27, 2019April 27, 2019 Author NBE Comments Off on Ethiopia launches investigations on private colleges

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Europe provides 170 million Euros to Ethiopia’s reform
Politics

Europe provides 170 million Euros to Ethiopia’s reform

Posted on December 8, 2019December 8, 2019 Author newbusinessethiopianews Comments Off on Europe provides 170 million Euros to Ethiopia’s reform

The European Union provides 170 million Euros to the government of Ethiopia supporting the political and economic reforms the east African country embarked on.

Historic AU building in Ethiopia gets additional plot

Historic AU building in Ethiopia gets additional plot

Posted on December 7, 2019December 7, 2019 Author newbusinessethiopia Comments Off on Historic AU building in Ethiopia gets additional plot
German MP urges Ethiopia to avoid deadly unrest after election

German MP urges Ethiopia to avoid deadly unrest after election

Posted on December 3, 2019December 5, 2019 Author newbusinessethiopia Comments Off on German MP urges Ethiopia to avoid deadly unrest after election

Ethiopia to Create 20 Million Jobs

https://youtu.be/LB9iVUaoRJ4
French agency boss launches a book in Ethiopia
Economy

French agency boss launches a book in Ethiopia

Posted on December 6, 2019December 6, 2019 Author newbusinessethiopia Comments Off on French agency boss launches a book in Ethiopia

Calling for a new mindset to reconcile differences at every stage of the society across the world, a new book by Remy Rioux, CEO of Agence Francaise De Development (AFD) entitled, “Reconciliations”, is launched today in Addis Ababa, Ethiopia.

International conference to address Ethiopia’s pressing challenges

International conference to address Ethiopia’s pressing challenges

Posted on December 5, 2019December 5, 2019 Author newbusinessethiopia Comments Off on International conference to address Ethiopia’s pressing challenges
Germany funds Ethiopia’s homegrown economic reform

Germany funds Ethiopia’s homegrown economic reform

Posted on December 2, 2019December 2, 2019 Author newbusinessethiopia Comments Off on Germany funds Ethiopia’s homegrown economic reform
Abyssinia Bank makes one billion birr profit
Finance

Abyssinia Bank makes one billion birr profit

Posted on December 9, 2019December 9, 2019 Author newbusinessethiopianews Comments Off on Abyssinia Bank makes one billion birr profit

Bank of Abyssinia, one the private banks in Ethiopia, makes the biggest gross profit in the Bank’s history, 1.02 billion birr (close to $32.8 million at the current exchange rate), for the financial year concluded June 30, 2019.

Bunna Bank of Ethiopia profit up 46 percent

Bunna Bank of Ethiopia profit up 46 percent

Posted on December 8, 2019December 8, 2019 Author newbusinessethiopia Comments Off on Bunna Bank of Ethiopia profit up 46 percent
Ethiopia's Nib bank makes 928 million birr profit

Ethiopia’s Nib bank makes 928 million birr profit

Posted on December 7, 2019December 7, 2019 Author newbusinessethiopia Comments Off on Ethiopia’s Nib bank makes 928 million birr profit

East Africa Meeting In Asmara

https://youtu.be/xVcrUQ5K0qM
Investment

Cepheus Capital invests in Ethiopia’s Tabor Ceramics

Africa Free Zones meeting opens in Addis Ababa
Investment

Africa Free Zones meeting opens in Addis Ababa

Ethiopian telecom regulators meet global investors
Investment

Ethiopian telecom regulators meet global investors

IFC invests in Ethiopia to boost malt production
Investment

IFC invests in Ethiopia to boost malt production

Investment

Media owners meet for maiden Ethiopian Media Council assembly

Ethiopia's Batu invites investors to build lodges on Lake Zway
Investment

Ethiopia’s Batu invites investors to build lodges on Lake Zway

Investment

Forum to mobilize billions of dollars for Africa’s infrastructure

Foreign direct investment turns to foreign direct exploitation
Investment

Foreign direct investment turns to foreign direct exploitation

Manufacturing

Classic Sugarless Coca-Cola comes to Ethiopia

Addis set to host Africa fashion week
Manufacturing

Addis set to host Africa fashion week

Ethiopia plans to produce 483,000 tons of sugar
Manufacturing

Ethiopia plans to produce 483,000 tons of sugar

Manufacturing

Ethiopia gets first foreign leasing company

Manufacturing

Hong Kong company takes Ethiopia’s Bahir Dar Industry Park

Manufacturing

Chinese to invest $500 million in industrial park in Ethiopia

Africa adviced to reduce over-dependence on imported medicines
Manufacturing

Africa adviced to reduce over-dependence on imported medicines

Ethiopia awards Jimma Industry Park to Chinese company
Manufacturing

Ethiopia awards Jimma Industry Park to Chinese company

78 killed in Ethiopia following Oromo activist Facebook post
Crime

78 killed in Ethiopia following Oromo activist Facebook post

Crime

Two Nigerians die on flight trafficking narcotic drugs

Ethiopia foils IS, Al Shabaab terrorists’ attack
Crime

Ethiopia foils IS, Al Shabaab terrorists’ attack

Crime

UN condemns killings of two aid workers in Ethiopia

Crime

Ethiopia police captures 15 Kalashnikov guns

Crime

Electric transformer theft in Ethiopia increases

Crime

Addis Ababa bans motorcycles movement to reduce crime

Crime

Study finds 3,200 civil servants with forged credentials in Ethiopia

How continental free trade benefits Africans
Trade

How continental free trade benefits Africans

African free trade can create 2 million jobs, doubles growth
Trade

African free trade can create 2 million jobs, doubles growth

Trade

Ethiopia, Kenya to explore grain trade opportunities

Forum discusses logistics challenges in East Africa
Trade

Forum discusses logistics challenges in East Africa

Ethiopia needs 15 years to implement Africa free trade deal
Trade

Ethiopia needs 15 years to implement Africa free trade deal

Ethiopia earns $318 million from horticulture
Trade

Ethiopia earns $318 million from horticulture

Trade

Ethiopian Airlines begins cargo flights to Bangkok, Hanoi

Ethiopia imports worth $2.8 billion fuel
Trade

Ethiopia imports worth $2.8 billion fuel

| Newspaper Lite by themecentury.
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