During the Ethiopian calendar year ended July 7, 2020, a total of 4,133 people have lost their lives by road…
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Ethiopia jails Cameroonian engaged in printing U.S. dollar
The Addis Ababa Police Commission captured a Cameroonian national engaged in printing U.S. dollar notes and converting to local currencies.
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How formalizing informal exporters supports Ethiopian economy
WEEKEND READING = By Andualem Sisay Gessesse – Yifter Kebede (39) has been working in shoes factories for many years.…
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Africa loses millions of dollars to aflatoxins
By Tandong Calistus Jong – Africa cumulatively loses more than 670 million US Dollars annually in lost exports trade alone…
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Cape Town set for first Hyatt Hotel
Hyatt Hotels Corporation announced today that a Hyatt affiliate has entered into a management agreement with South African real estate…
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Ethiopia set to introduce centralized bank borrowers database
With objective of decreasing nonperforming loans of banks, the National Bank of Ethiopia is set to introduce a centralized database…
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COVID-19 challenge, opportunity in Addis Ababa
Mekonnen Teshome and Tesfaye Abate – Ethiopia has long struggled with access to clean water. But the spotlight that COVID-19…
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Ethiopia attracts half a billion dollar FDI in three months
The Investment Commission of Ethiopia says the country has half a billion foreign during the first quarter of the country’s…
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Ethiopia to help vandalized investments recovery
The Government of Ethiopia is preparing a recovery package that will help businesses vandalized by mobs came out to streets…
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Ethiopia GDP surpasses $100 billion says PM Abiy
The Gross Domestic Product (GDP) of Ethiopia has increased last year to 3.375 surpassing $100 Billion for the first time,…
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Ethiopia repatriates 993 immigrants from Saudi, Tanzania, Djibouti
In the last three weeks Ethiopia has repatriated 993 citizens migrated illegally to Saudi Arabia, Tanzania and Djibouti, said the…
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Ethiopia distributes 96 billion Birr new currency notes
The National Bank of Ethiopia said it has distributed over 96 billion Birr (about $2.6 billion) valued new currencies notes…
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MIDROC Ethiopia, Alkhorayef Industries ink partnership agreement
Mohammed International Development Research and Organization Companies (MIDROC) Investment Group of the Ethio-Saudi tycoon Sheikh Mohammed Hussein Ali Al-Amoudi inked…
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Local farmers to supply in-flight meals to Ethiopian Airlines
Ethiopian Airlines and the United States today partnered to enable the nation’s flagship carrier to source locally grown produce and…
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