By Tesfu Telahoun Abebe – First time visitors to Addis Abeba often remark on the abundance of coffee and pastry…
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Inflation remains double digit in Ethiopia
For over one year both food and non-food inflation in Ethiopia continue to register double digit with 12.6 percent general…
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Ethiopia secures $56 million from contraband trade
The Customs Commission of Ethiopia has confiscated worth 1.6 billion-birr ($56.3 million) items from contraband traders during the fiscal year…
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Ethiopia, Djibouti secure finance for joint road project
The government of Ethiopia and the African Development Bank Group on Monday have ink a $98 million grant agreement from…
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Al Hilal begins assembling gold detector devices in Ethiopia
A company named, Al Hilal Gold Mining, is set to inaugurate Ethiopia’s first modern gold detector device assembly in the…
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Ethiopia imports 135, 457 vehicles in a year
The total number of vehicles Ethiopia has imported and registered last year (the fiscal year ended July 7, 2019) has…
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Ethiopia opens banking business for foreigners with Ethiopian descent
The House of Peoples’ Representatives (Ethiopian Parliament), in its second urgent session today, has approved draft proclamations of banking.
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Ethiopian Parliament postpones election
The House of Peoples’ Representatives (Ethiopian Parliament) unanimously approved the proposal to postpone general elections in the capital, Addis Ababa…
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Ethiopian Airlines set to fly to Bengaluru, India
Ethiopian Airlines announces its plan to start passenger flights to Bengaluru, India as of 27th October 2019.
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Ethiopia and the Arab overture
By Tesfu Telahoun Abebe – Relations between Ethiopia and the Arabian Peninsula have blossomed ever since the political changes in…
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Ethiopia plants over 353 million trees in one day
ANDUALEM SISAY GESSESSE – With the aim of combating deforestation and boosting forest coverage, today Ethiopians and the expats community…
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Commercial Bank of Ethiopia becomes top tax payer
The Commercial Bank of Ethiopia (CBE), the state financial institution, has become the top tax payer in Ethiopia paying 3.51…
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