1,131 COVID-19 patients in Ethiopia recover in 24 hours
In the last 24 hours 1,131 Ethiopians have recovered from coronavirus (COVID-19) while the country reported 468 new…
December 2020
Ethiopia introduces zero profit tax incentive to boost tourism
With the aim of encouraging new private investments in tourist attraction sites, the Government of Ethiopia has introduced…
Hibret Bank of Ethiopia profits grows 15 percent
Compared with the previous financial year annual gross profit of Hibret Bank, one of the sixteen active private…
Ethiopia electoral board chooses voting dates
National Electoral Board of Ethiopia (NEBE) chosen June 5, 2021 and June 12, 2021 to be voting dates…
Nib Bank profit increases by 381 million Birr
Compared with the previous year’s performance, gross profit of Nib International Bank, one of the 16 private banks…
UN agency donates vehicles supporting COVID19 response in Ethiopia
The United Nations Economic Commission for Africa (UNECA) today donated vehicles to support COVID19 response in Ethiopia.
Dashen Bank profits about 1.8 billion Birr
Dashen Bank Share Company, one of the 16 private banks operating in Ethiopia, has reported annual gross profit…
CR2 set to accelerate digital banking in Ethiopia
CR2, one of the top financial technologies companies operating in Ethiopia, has been awarded the tender to roll…
Ethiopia electoral board cancels 26 political parties license
The National Electoral Board of Ethiopia (NEBE) has cancelled licenses of 26 political parties which failed to fulfil…
Ethiopia launches second satellite to space
Ethiopia has launched its second satellite, ET Smart RSS2, to space, which will send high quality pictures that…
Ethiopia, Sudan officials met to discuss border dispute
A delegation led by Deputy Prime Minister and Foreign Affairs Minister Demeke Mekonnen, has visited Sudan this week…
Ethiopia approves law to introduce capital market
The Council of Ministers of Ethiopia today approves a draft law prepared by the National Bank of Ethiopia…
Berhan Bank profit increases 22 percent
Compare with the previous budget year gross profit of Berhan Bank of Ethiopia has increased by 22 percent…
Bunna Bank of Ethiopia profit declines 6 percent
Compared to the previous year, annual profit of Bunna International Bank of Ethiopia has declined by about 43…
Ethiopia’s next battle, the saboteurs within
OPINION – By Aregu Balleh – Tigray Peoples Liberation Front (TPLF), which as been working against the people…
Food insecurity, conflict deteriorate Ethiopia’s humanitarian situation
The resurgence of the worst invasion of desert locusts in Ethiopia’s history is raising hunger levels amidst continued…
Debub Global Bank profit up 33 percent
Annual Profit of Debub Global Bank of Ethiopia for the budget year concluded June 30, 2020 has increased…
Ethiopian army finds hidden 4.7 million liters fuel in Tigray
Buried underground by Tigray People Liberation Front (TPLF), the Ethiopian National Defense Force (ENDF) discovered 21 fuel tanks…
Ethiopia announces 10 million Birr reward to capture TPLF fugitives
The Government of Ethiopia today announced a 10 million Birr (about $250,000) reward for anyone who informs the…
Study advices Ethiopia not to rush to banking liberalization
As oppose to the push by the international financial institutions, a new study by the renowned professor of…
Nestlé to help Ethiopia tackle plastic pollution
Nestlé said it has partnered with local sustainability consultant TS Environment to set up a plastics waste recovery…
Airbus awards Ethiopian Airlines for COVID-19 resilience
Airbus, the largest aircraft manufacturer, has awarded Ethiopian for the unique agility and resilience that it displayed amid…
UN report focuses on private sector’s resilience to COVID-19
The Economic Commission for Africa (ECA) on Tuesday launched its flagship Economic Report on Africa, titled: “Innovative Finance…
Ethiopia revokes 63 mining licenses
The Ministry of Mines and Petroleum of Ethiopia today announces revoking 63 mining licenses.
Ethiopia to deploy additional 50,000 election facilitators
To effectively undertake the upcoming general election of Ethiopia protecting citizens from the global pandemic, COVID-19, National Electoral…
Ethiopia unveils independent economic advisory members
The Government of Ethiopia today unveils sixteen members of independent economic advisory council of Ethiopia, who will assist…
Ethiopia opens Tigray skies for flights
The Ethiopian Civil Aviation Authority announced the reinstatement of the air route in Tigray region as of today;…
Ethiopia restores telecom, electricity services in Tigray
The Government of Ethiopia said it has restored telecom and electricity services in most of the towns in…
Prime Minister Abiy meets army commanders in Mekele
As the Ethiopian National Defense Force (ENDF) announced concluding its major operation in Tigray region by liberating almost…
How Ethiopia proves wrong ICG analysts, foreign media
Weekend Reading – BY ANDUALEM SISAY GESSESSE – Ethiopia has been major headlines of international media in the…