Ethiopia – Enat Bank income increases by $7.3 million
Compared to the previous financial year, the annual income of Enat Bank, one of the private banks in…
January 2020
Ethiopia inflation continues growing in double digits
The country level overall inflation rate in Ethiopia (annual change based on 12 months Moving Average) rose by…
Ethiopia – Addis Ababa revokes 1,178 investment licenses
The capital of Ethiopia, Addis Ababa City, has revoked a total of 1,178 investment licenses for failure to…
International bid from Ethiopian Roads Authority – (TENDER)
The federal Democratic Republic of Ethiopia – Ethiopian Roads Authority specific procurement notice international competitive bidding (Consultancy service…
Ethiopia – Oromia Insurance Company profit up 14 percent
During the budget year concluded June 30, 2019, Oromia Insurance Company (OIC) has registered a gross profit (before…
Ethiopia launches electronic customs processing platform for traders
The Government of Ethiopia launches an electronic platform that will enhance efficiency in trade logistics landscape of the…
Study reflects on Ethiopia – Djibouti railway corridor potential
A new study reflects on the challenges and the huge economic potential of the new Addis Ababa –…
Ethiopia – Lion Bank profit surges 45 percent
Compared to the preceding budget year performance, annual gross profit (before tax) of Lion International Bank (LIB), one…
International bid from Ethiopia for medical equipment – TENDER
Invitation to international competitive bid from Addis Ababa University College of Health Sciences for the procurement of medical…
Top Ethiopian athletes set to contest in Dubai
Some of the top athletes of the world including, record holders from Ethiopia, are set to contest at…
Ethiopia President meets Hollywood Actress Angelina Jolie
President Sahle Work Zewde of Ethiopia meets renowned Hollywood actress and film maker Angelina Jolie in Addis Ababa…
Ethiopia – Oromia International Bank earnings per share drops 29%
Compared to the proceeding budget year, Earnings per share of Oromia International Bank (OIB), one of the private…
International competitive bid from INSA of Ethiopia – TENDER
The Information Network Security Agency (INSA) of Ethiopia invites interested and potential international bidders for the supply of…
Ethiopia – 50 million to vote in May 2020 election
The National Electoral Board of Ethiopia (NEB) said some 50 million Ethiopians are expected to cast their votes…
Armed group assassinates an Ethiopian official
Unidentified armed group has opened fire on an Ethiopian government official and killed Abdulahi Sojar, Gumz Benishangul Council…
Awash Bank of Ethiopia grows profit by $43.4 million
Compared to the previous budget year annual gross profit of Awash Bank for the year ended June 30,…
Ethiopia to launch independent economic advisors’ council
The Government of Ethiopia has invited independent professionals to be part of the national economic advisors council the…
Alibaba invites Ethiopian entrepreneurs, businesses for free training
The Chinese giant ecommerce company, Alibaba Group, is set to launch an ecommerce training program dubbed, Alibaba Netpreneur…
Ethiopia _ Cooperative Bank of Oromia profit up by $21 million
Compared to the previous year the net profit of Cooperative Bank of Oromia (CBO), one of the private…