Ethiopia postpones election from May to August 2020
The National Electoral Board of Ethiopia (NEBE) today stated that it has drafted a schedule that will extend…
2020
Africa business forum in Ethiopia to focus on prosperity
The third round of Africa Business Forum scheduled in Addis Ababa, Ethiopia next month is set to focus…
Ethiopia invites South African investors to buy State enterprises
Prime Minster Abiy Ahmed of Ethiopia, who was in a two – day’s state visit in South Africa…
U.S. African Affairs official to visit Ethiopia
Assistant Secretary for African Affairs Tibor Nagy is set to arrive Addis Ababa, Ethiopia this week for an…
Ethiopia – International bid from Ethio Telecom
Ethio Telcom, the company fully owned by the government of Ethiopia, invites bidders for international competitive bid for…
Ethiopia, South Africa to address xenophobia victims’ concern
The governments of Ethiopia and South Africa form joint committee to address the concerns of Ethiopians living in…
Ethiopian petroleum invites bidders for asset valuation (TENDER)
Ethiopian Petroleum Supply Enterprise, the state agency in charge of buying and supplying petroleum in Ethiopia, invites sealed…
Amhara, Afar regions of Ethiopia ink cooperation deal
The leaders of Amhara and Afar regions of Ethiopia have signed a partnership deal that will allow them…
Somalia President Abdullahi Farmajo visits Eritrea
Along with senior officials Somalian President Mohamed Abdullahi Mohamed (Farmajo) arrived Asmara, Eritrea this morning for an official…
Ethiopia, Egypt fail to reach agreement on the Nile
The governments of Ethiopia and Egypt have failed to reach an agreement on the use of the Nile…
Ethiopia – Addis International Bank profit grows 39 percent
Addis International Bank, one of the private financial institutions in Ethiopia, has made a gross profit (before tax)…
Ethiopia police seizes cannabis on route to Kenya
Ethiopian police and customs officers seized a truck carrying cannabis and trying to smuggle it to the neighboring…
South Sudan invites international companies for oil field audit
The Government of the Republic of South Sudan through its Ministry of Petroleum invites international companies to take…
Ethiopia enacts law to combat weapons’ trafficking
The Ethiopian Parliament on Thursday passes the new proclamation that aims to regulate weapons’ possession and combat illegal…
Ethiopia MPs call for support to Eritrean refugees in Tigray
After witnessing the challenges Eritrean refugees in Tigray region of Ethiopia are facing, the members of parliament (MPs)…
Ethiopia- Dashen Bank makes $40 million profit
Compared to the preceding budget year, the gross profit (before tax) of Dashen Bank, one of the biggest…
Ethiopia lifts tax on semi-finished leather export
With the aim of boosting the production and export earnings, the Government of Ethiopia has decided to lift…
Ethiopia gets $1.12 billion from export in five months
The Ministry of Trade and Industry of Ethiopia said during the first five months of the budget year…
Ethiopia – Zemen Bank profit soars 87 percent
As compared to the previous year, the annual profit before tax of Zemen bank, one of the financial…
Eagle Hills launches Addis Ababa luxury apartments’ sales
Eagle Hills, Abu Dhabi-based private real estate investment and development firm, is set to launch sales for its…
Ethiopia Prime Minister arrives Guinea
As part of strengthening bilateral ties, the Prime Minister of Ethiopia Dr. Abiy Ahmed today arrived in the…
Ethiopia – Abay Bank profit grows 63 percent
During the budget year concluded June 30, 2029, the annual profit before tax of Abay Bank Share Company,…
Ethiopian Christians celebrate 2012th Birth of Jesus Christ
Ethiopian Christians today celebrate colorfully 2012th Birth of Jesus Christ. Unlike other African countries, Ethiopia follows the Coptic-Julian…
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…
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 –…