Debub Global Bank of Ethiopia profit doubles
Debub Global Bank of Ethiopia has made gross profit (before tax) of 284 million birr (close to $8…
December 2019
German bank invests 300 million Euro in Ethiopia
KfW Development Bank of Germany has invested over 300 million Euro in Ethiopia over the past years supporting…
Africa-Europe cookbook launched in Addis
A cookbook comprising cuisines of different countries from Africa and Europe is launched in Addis Ababa, Ethiopia last…
USAID, Awash Bank to help small agribusinesses in Ethiopia
The U.S. Agency for International Development (USAID) and Awash Bank announced a new partnership that provides $6.4 million…
Ethiopia earns $916 million from export
Ethiopia has earned a total of $916 million from export of different commodities and electricity over the first…
Ethiopia collects $3.5 billion tax in five months
The Government of Ethiopia has collected a total of 109.2 billion birr (about $3.5 billion at the current…
International Bid from Ethio Telecom for load bank supply (Tender)
Invitation to International Competitive Bid (ICB) for the procurement of INDOOR / OUTDOOR PORTABLE RESISTIVE REACTIVE LOAD BANK…
Ethiopian Epiphany becomes world intangible heritage
The United Nations Educational, Scientific and Cultural Organization (UNESCO) on Wednesday announced inscribing Ethiopian Epiphany on UNESCO’s Representative…
Ethiopians colorfully welcome Nobel Peace Laureate
Ethiopians welcomed colorfully this morning the 2019 Nobel Peace prize laureate, Prime Minister Abiy Ahmed, who traveled to…
IMF to provide seven-fold finance to Ethiopia
Supporting Ethiopia’s home–grown economic reform, the International Monetary Fund (IMF) has agreed with Ethiopian government at technical level…
African digital economy meeting opens in Addis Ababa
Trade and technology experts from across Africa today met in Addis Ababa, Ethiopia, for the first session of…
Bid from Addis Ababa Water and Sewerage Authority (Tender)
Invitation to Bid for National Competitive Bid, Bid No.NCB/GOV/G011/2019. Addis Ababa Water and Sewerage Authority (AAWSA) invites interested…
Ethiopia to host online child sexual exploitation summit
The capital of Ethiopia, Addis Ababa, is set to host a global summit that focuses on tackling online…
Over 83% of Ethiopians suffer from multidimensional poverty
A report launched today by the United Nations Development Organization (UNDP) listed Ethiopia among the poor scoring countries…
African fashion creators get digital marketplace
The African Development Bank’s flagship initiative, Fashionomics Africa, launches launches “game changing” digital marketplace for the continent’s fashion…
National Bid from Ethio Telecom
Invitation to National Competitive Bid (NCB) for the procurement of UR Connector and UY2 connector Floating Date: As…
International competitive bid from Ethio Telecom (Tender)
Invitation to International Competitive Bid (ICB) for the procurement of Network Security Operation and Management Training (Advance Level)…
Freweini of Ethiopia named CNN Hero
Freweini Mebrahtu of Ethiopia is named the 2019 CNN Hero of the Year for helping girls stay in…
Scientists urge Ethiopia to protect groundwater
BY GETU TEMESGEN – Groundwater is seen as having major potential for Ethiopia and Sub-Saharan Africa’s climate change…
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,…
Ethiopia PM visits street children’s house under-construction
Prime Minister Abiy Ahmed of Ethiopia this morning visited houses being constructed by the Addis Ababa City Administration…
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…
Bunna Bank of Ethiopia profit up 46 percent
Gross profit of Bunna International Bank of Ethiopia grew to 625 million birr (over $20 million at the…
Ethiopia’s Nib bank makes 928 million birr profit
Nib International Bank Share Company, one of the private banks in Ethiopia announces gross profit of 928 million…
Ethiopian CEO wins Airline Executive of the Year
Mr. Tewolde GebreMariam, CEO of Ethiopian Airlines wins Airline Executive of the Year organized annually by CAPA Global…
Historic AU building in Ethiopia gets additional plot
The Addis Ababa City Administration of Ethiopia signed agreement with the UN Economic Commission for Africa (ECA) 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…
ECW invests $27 million to help displaced students in Ethiopia
Education Cannot Wait (ECW) announces a $27 million investment to support the delivery of quality inclusive education to…
International conference to address Ethiopia’s pressing challenges
With the aim of transforming the lives of Ethiopians by the year 2050, an international conference that aims…
German MP urges Ethiopia to avoid deadly unrest after election
Member of Parliament of Germany and Vice chairman of the Konrad Adenauer Foundation,Hermann Grohe, urges Ethiopia to avoid…