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July 1, 2022
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Latest Headlines

World Bank approves new fund for pandemic prevention
Health 

World Bank approves new fund for pandemic prevention

July 1, 2022 NBE

The devastating human, economic, and social cost of COVID-19 has highlighted the urgent need for coordinated action to build stronger

Well-planned cities essential for a resilient future in Africa
Construction 

Well-planned cities essential for a resilient future in Africa

July 1, 2022 NBE
Attitudes to Islamic wealth management in Africa
NBE Blog 

Attitudes to Islamic wealth management in Africa

July 1, 2022July 1, 2022 NBE
Ethiopia launches $30 million nutrition program
Health 

Ethiopia launches $30 million nutrition program

July 1, 2022July 1, 2022 NBE

Economy

Africa, Caribbean development banks collaborate
Economy 

Africa, Caribbean development banks collaborate

June 16, 2022 NBE

Economic ties between Africa and the Caribbean took a strong upward turn this week as the regions’ premier financial institutions—the

Ethiopia increases annual budget by 17 percent
Economy 

Ethiopia increases annual budget by 17 percent

June 8, 2022 NBE
African ministers call for global financial system reform
Economy 

African ministers call for global financial system reform

May 19, 2022May 19, 2022 NBE
Report on Africa addresses continent's vulnerability during COVID-19
Economy 

Report on Africa addresses continent’s vulnerability during COVID-19

May 16, 2022May 16, 2022 NBE

Mining

KEFI Minerals shareholders approve capital raisings
Mining 

KEFI Minerals shareholders approve capital raisings

May 17, 2022May 17, 2022 NBE

KEFI Minerals, the gold exploration and development company with projects in Ethiopia and Saudi Arabia, announces that at its General

Ethiopia gold mining secures 1.5 billion Birr investment
Mining 

Ethiopia gold mining secures 1.5 billion Birr investment

April 21, 2022 NBE
Ethiopia gold export increases to $672 million
Mining 

Ethiopia gold export increases to $672 million

March 29, 2022April 3, 2022 NBE
Gold mining in Gambella, Ethiopia commences operation
Mining 

Gold mining in Gambella, Ethiopia commences operation

March 4, 2022March 4, 2022 Business News

Construction

Well-planned cities essential for a resilient future in Africa
Construction 

Well-planned cities essential for a resilient future in Africa

July 1, 2022 NBE

The World Urban Forum (WUF) concluded on Thursday with a high-level engagement of African Ministers of Housing, Urban Development and

Organizations venture to mobilize finance for Africa's infrastructure
Construction 

Organizations venture to mobilize finance for Africa’s infrastructure

June 22, 2022 NBE
Ethiopia concertante asphalt road network doubles, says Abiy
Construction 

Ethiopia concertante asphalt road network doubles, says Abiy

June 14, 2022June 14, 2022 NBE
ROCKSTONE Real Estate wins Africa sustainable residential development award
Construction 

ROCKSTONE Real Estate wins Africa sustainable residential development award

March 9, 2022 Business News

Oil & Gas

Ethiopia petroleum import bill up 19 percent
Oil & Gas 

Ethiopia petroleum import bill up 19 percent

March 25, 2022 NBE

Compared to the previous year, the annual petroleum import bill of the Government of Ethiopia has increased by close to

Netherlands, U.S companies to develop oil, gas in Ethiopia
Oil & Gas 

Netherlands, U.S companies to develop oil, gas in Ethiopia

March 22, 2022March 22, 2022 NBE
South Sudan launches first oil licensing round
Oil & Gas 

South Sudan launches first oil licensing round

June 23, 2021 BEHAK
Organic and inorganic growth strategies of leading vendors
Oil & Gas 

Organic and inorganic growth strategies of leading vendors

June 20, 2021

Politics

Politics 

Ethiopia rejects Sudan’s accusation

June 28, 2022June 28, 2022 NBE

The Government of Ethiopia on Monday rejected the accusation of Sudanese Government which claimed that the soldiers of Ethiopia have

Lower House establishes Ethiopia, Algeria parliamentary friendship group
Politics 

Lower House establishes Ethiopia, Algeria parliamentary friendship group

May 30, 2022 NBE
Ethiopian Government says TPLF prepares for third round war
Politics 

Ethiopian Government says TPLF prepares for third round war

May 27, 2022May 27, 2022 NBE
Pan-African Youth Summit celebrates Africa Day
Politics 

Pan-African Youth Summit celebrates Africa Day

May 25, 2022 NBE

Trade

DHL appoints new CEO, VP for Middle East and Africa
Trade 

DHL appoints new CEO, VP for Middle East and Africa

June 30, 2022June 30, 2022 NBE

DHL Global Forwarding, the international provider of air, ocean and road freight services has named Clement Blanc as CEO for

Addis Ababa Chamber celebrates 75th anniversary
Trade 

Addis Ababa Chamber celebrates 75th anniversary

June 28, 2022 NBE
New venture to link 500 Ethiopian SMEs with market, investors
Trade 

New venture to link 500 Ethiopian SMEs with market, investors

May 29, 2022May 29, 2022 NBE
U.S. Chamber of Commerce hosted Tanzanian President
Trade 

U.S. Chamber of Commerce hosted Tanzanian President

April 23, 2022 NBE

Manufacturing

Nissan Africa honored at continental Ignition Awards
Manufacturing 

Nissan Africa honored at continental Ignition Awards

June 24, 2022June 24, 2022 NBE

Nissan Africa is honored today at the first ever continental Ignition Awards taking place at The Cascades Golf Resort on

HEINEKEN Ethiopia Introduces Malt-based Energy drink
Manufacturing 

HEINEKEN Ethiopia Introduces Malt-based Energy drink

June 24, 2022June 25, 2022 NBE
AfCFTA-anchored Pharma Initiative holds consultative meeting
Manufacturing 

AfCFTA-anchored Pharma Initiative holds consultative meeting

June 13, 2022June 13, 2022 NBE
Paris conference calls for African production network
Manufacturing 

Paris conference calls for African production network

June 10, 2022June 10, 2022 NBE

Energy

Africa's energy transition calls for pragmatic measures
Energy 

Africa’s energy transition calls for pragmatic measures

June 21, 2022 NBE

The current geopolitical shock arising from the crisis in Ukraine has compounded the severe impacts already being felt by African

Ethiopia, South Sudan to link by 357 kilometers electric line
Energy 

Ethiopia, South Sudan to link by 357 kilometers electric line

May 8, 2022May 8, 2022 NBE
Ethiopia, South Sudan eye to interconnect via energy grid
Energy 

Ethiopia, South Sudan eye to interconnect via energy grid

April 3, 2022April 3, 2022 NBE
Ethiopia Electric Utility, Safaricom ink electric poles leasing agreement
Energy 

Ethiopia Electric Utility, Safaricom ink electric poles leasing agreement

March 21, 2022March 21, 2022 NBE

Education

Microsoft to help Ethiopia digitize education sector
Education 

Microsoft to help Ethiopia digitize education sector

June 18, 2022 NBE

Microsoft has collaborated with the Ethiopian Ministry of Education to implement a Higher Educational Management Information System supporting the successful

Ethiopia conflict causes 10 percent decline in school enrolment
Education 

Ethiopia conflict causes 10 percent decline in school enrolment

April 10, 2022 NBE
Generation Unlimited 2022 selects two winning teams in Ethiopia
Education 

Generation Unlimited 2022 selects two winning teams in Ethiopia

April 9, 2022 NBE
German scholarships benefits 2,135 refugees in Ethiopia
Education 

German scholarships benefits 2,135 refugees in Ethiopia

March 24, 2022March 24, 2022 NBE

Hospitality

Four years of Uber Eats in Kenya
Hospitality 

Four years of Uber Eats in Kenya

June 27, 2022 NBE

Currently with an expanded offering across multiple categories, including food, groceries, alcohol, beauty and wellness, and more, Uber Eats first

Gondar University trains Roseau Hotel and Spa staff
Hospitality 

Gondar University trains Roseau Hotel and Spa staff

March 24, 2022 NBE
Aleph Hospitality signs first hotel in Rwanda
Hospitality 

Aleph Hospitality signs first hotel in Rwanda

March 4, 2022 Business News
Plaza Premium, NHY to elevate lounge experience in Ethiopia
Hospitality 

Plaza Premium, NHY to elevate lounge experience in Ethiopia

February 3, 2022 Business News
World Bank approves new fund for pandemic prevention
Health 

World Bank approves new fund for pandemic prevention

July 1, 2022 NBE COVID-19, financial intermediary fund, health systems, pandemic prevention, WHO, World Bank

The devastating human, economic, and social cost of COVID-19 has highlighted the urgent need for coordinated action to build stronger

Read more
Well-planned cities essential for a resilient future in Africa
Construction 

Well-planned cities essential for a resilient future in Africa

July 1, 2022 NBE Africa, African Union, ECA, housing, planned cities, resilient cities, Urban development, World Urban Forum

The World Urban Forum (WUF) concluded on Thursday with a high-level engagement of African Ministers of Housing, Urban Development and

Read more
Attitudes to Islamic wealth management in Africa
NBE Blog 

Attitudes to Islamic wealth management in Africa

July 1, 2022July 1, 2022 NBE Africa, digital innovation, Egyptian cabinet, High Net Worth Individuals, IFC, Islamic bond, Islamic wealth management, Kenya, Nigeria, South Africa

By Faizal Bhana – Africa’s private equity landscape is experiencing a fundamental shift. A budding generation of wealthy individuals are

Read more
Ethiopia launches $30 million nutrition program
Health 

Ethiopia launches $30 million nutrition program

July 1, 2022July 1, 2022 NBE Action Against Hunger, Child Wasting, Eleanor Crook Foundation, Ethiopia, Maternal Malnutrition, Ministry of Health of Ethiopia, Nutrition, stunting in Ethiopia, UNICEF

Today, the Government of Ethiopia launched a new multisectoral nutrition program entitled, ‘Addressing Maternal Malnutrition, Child Wasting and Stunting in

Read more
Mobile usage for airlines booking increases, new survey
Travel 

Mobile usage for airlines booking increases, new survey

June 30, 2022 NBE air travel, airlines booking, boarding airplane, digitalization, mobile devices, technologies

A new survey reveals an increase in passenger use of mobile devices for booking, on board the airplane, and for

Read more
DHL appoints new CEO, VP for Middle East and Africa
Trade 

DHL appoints new CEO, VP for Middle East and Africa

June 30, 2022June 30, 2022 NBE Africa, DHL, Middle East

DHL Global Forwarding, the international provider of air, ocean and road freight services has named Clement Blanc as CEO for

Read more
New Political Declaration to halve road traffic deaths
Health 

New Political Declaration to halve road traffic deaths

June 30, 2022 NBE Political Declaration, road traffic deaths, WHO

The World Health Organization (WHO) welcomes the political declaration to be adopted by Member States during the High-level Meeting of

Read more
IGAD urges Ethiopia, Sudan to avoid war
Investment Tragedy 

IGAD urges Ethiopia, Sudan to stop war

June 29, 2022June 29, 2022 NBE African Union, border dispute, Ethiopia, IGAD, Sudan

The Intergovernmental Authority on Development (IGAD) urges Ethiopia and Sudan to refrain from further actions that will lead the two

Read more
Addis Ababa Chamber celebrates 75th anniversary
Trade 

Addis Ababa Chamber celebrates 75th anniversary

June 28, 2022 NBE Addis Ababa, Addis Ababa Chamber of Commerce and Sectoral Association, business information, Ethiopia

The Addis Ababa Chamber of Commerce and Sectoral Association (AACCSA), one of the oldest chambers of commerce in Africa, today

Read more
Ethiopia's app-based taxi service provider enters Djibouti
Travel 

Ethiopia’s app-based taxi service provider enters Djibouti

June 28, 2022June 28, 2022 NBE Djibouti, Ethiopia, Hybrid Designs PLC, RIDE, taxi services, Zay Ride

Ethiopia’s fast growing application based taxi service provider, RIDE, today announced entering the neighboring Djibouti market.

Read more
Dashen Bank introduces 230 million Birr datacenter
Technology 

Dashen Bank introduces 230 million Birr datacenter

June 28, 2022June 28, 2022 NBE Dashen Bank, datacenter, digital banking, digital economy, Ethiopia

Dashen Bank, one of the biggest private banks in Ethiopia, inaugurated the first of its kind in the country datacenter

Read more
Politics 

Ethiopia rejects Sudan’s accusation

June 28, 2022June 28, 2022 NBE border dispute, Ethiopia, soldiers, Sudan

The Government of Ethiopia on Monday rejected the accusation of Sudanese Government which claimed that the soldiers of Ethiopia have

Read more
Four years of Uber Eats in Kenya
Hospitality 

Four years of Uber Eats in Kenya

June 27, 2022 NBE Kenya, Mombasa, Nakuru, Uber Eats

Currently with an expanded offering across multiple categories, including food, groceries, alcohol, beauty and wellness, and more, Uber Eats first

Read more
An Africa-G7 energy food and security grand bargain
NBE Blog 

An Africa-G7 energy food and security grand bargain

June 25, 2022June 25, 2022 NBE Africa, Europe, food, food and security, G7, The United States

By Vera Songwe – Europe, the United States, and Africa are all reeling from the prolonged Russia/Ukraine crisis. They need

Read more
University students protest against Ethiopians massacre in Oromia
Tragedy 

University students protest against Ethiopians massacre in Oromia

June 24, 2022June 24, 2022 NBE Amhara Massacre, Ethiopia, Gondar University, OLF Shene, Oromia Region, Prime Minister Abiy Ahmed, Wellega

The students of Gondar University in Amhara region of Ethiopia today protested against the latest massacre of civilians in Oromia

Read more
Ethiopia accuses TPLF for blocking aid flights
Tragedy 

Ethiopia accuses TPLF for blocking aid flights

June 24, 2022 NBE aid flight, civil war, Ethiopia, Raya Kobo, Tigray, TPLF

The Government of Ethiopia on Thursday accused the Tigray Peoples Liberation Front (TPLF) for blocking aid flights to Mekelle, the

Read more
Nissan Africa honored at continental Ignition Awards
Manufacturing 

Nissan Africa honored at continental Ignition Awards

June 24, 2022June 24, 2022 NBE Africa, Africa Ignition Awards, Egypt, Nissan, South Africa

Nissan Africa is honored today at the first ever continental Ignition Awards taking place at The Cascades Golf Resort on

Read more
HEINEKEN Ethiopia Introduces Malt-based Energy drink
Manufacturing 

HEINEKEN Ethiopia Introduces Malt-based Energy drink

June 24, 2022June 25, 2022 NBE BERTAT, energy drink, Ethiopia, HEINEKEN

HEINEKEN Ethiopia today officially introduced its latest product, a non-alcoholic Energy drink “BERTAT” to the Ethiopian Market.

Read more
UNICEF secures $10 million for WASH program in Ethiopia
Health 

UNICEF secures $10 million for WASH program in Ethiopia

June 23, 2022 NBE Denmark, Ethiopia, hygiene, sanitation, UNICEF, WASH, water

The Government of Denmark through its partnership with UNICEF has announced a DKK 70 million (approx. 10 million USD) contribution

Read more
Organizations venture to mobilize finance for Africa's infrastructure
Construction 

Organizations venture to mobilize finance for Africa’s infrastructure

June 22, 2022 NBE Africa, Africa Sovereign Investors Forum, Africa50, African Development Bank, infrastructure, mobilize finance

The African Development Bank, Africa50, and the newly launched Africa Sovereign Investors Forum (ASIF) have signed a letter of intent

Read more
Ethiopia launches 4th Green Legacy program
Environment 

Ethiopia launches 4th Green Legacy program

June 21, 2022June 21, 2022 NBE deforestation, Ethiopia, Green Legacy, reducing carbon emissions

The Government of Ethiopia today launched the 4th Green Legacy program, which targeted to plant 6 billion seedlings across the

Read more
  • ← Previous

Investment

IGAD urges Ethiopia, Sudan to avoid war
Investment Tragedy 

IGAD urges Ethiopia, Sudan to stop war

June 29, 2022June 29, 2022 NBE

The Intergovernmental Authority on Development (IGAD) urges Ethiopia and Sudan to refrain from further actions that will lead the two

Kazana Group of Ethiopia chairman joins 100 Changemakers List
Investment 

Kazana Group of Ethiopia chairman joins 100 Changemakers List

May 13, 2022 NBE
Venture Capital education attracts hundreds of Africans
Investment 

Venture Capital education attracts hundreds of Africans

April 29, 2022 NBE
Africa’s communication industry set for exciting future
Investment 

Africa’s communication industry set for exciting future

April 6, 2022April 6, 2022 NBE

Finance

Kehali organizes Ethiopian banking forum
Finance 

Kehali organizes its first Ethiopian banking forum

May 23, 2022May 23, 2022 NBE

Kehali Strategic Advisory Services PLC, a recently established private companmy in Ethiopia, organized its first Ethiopian Banking forum in the

Ethiopia takes another step to establish security exchange
Finance 

Ethiopia takes another step to establish security exchange

May 19, 2022May 19, 2022 NBE
Ethiopia tax income up 17 percent
Finance 

Ethiopia tax income up 17 percent

April 26, 2022 NBE
Ethiopia outstanding treasury bills up 500 percent
Finance 

Ethiopia outstanding treasury bills up 500 percent

April 4, 2022 NBE

Travel

Mobile usage for airlines booking increases, new survey
Travel 

Mobile usage for airlines booking increases, new survey

June 30, 2022 NBE

A new survey reveals an increase in passenger use of mobile devices for booking, on board the airplane, and for

Ethiopia's app-based taxi service provider enters Djibouti
Travel 

Ethiopia’s app-based taxi service provider enters Djibouti

June 28, 2022June 28, 2022 NBE
Global airline industry losses reduced to $9.7 billion
Travel 

Global airline industry losses reduced to $9.7 billion

June 20, 2022June 21, 2022 NBE
Ethiopian Airlines wins Best Cabin Servics in Africa Award
Travel 

Ethiopian Airlines wins Best Cabin Servics in Africa Award

June 14, 2022June 14, 2022 NBE

Environment

Ethiopia launches 4th Green Legacy program
Environment 

Ethiopia launches 4th Green Legacy program

June 21, 2022June 21, 2022 NBE

The Government of Ethiopia today launched the 4th Green Legacy program, which targeted to plant 6 billion seedlings across the

Air transport passengers get most accurate CO2 emission calculator
Environment 

Air transport passengers get most accurate CO2 emission calculator

June 19, 2022June 19, 2022 NBE
UN calls for more climate finance to support small-scale farmers
Agribusiness Environment 

UN calls for more climate finance to support small-scale farmers

June 2, 2022June 2, 2022 NBE
Increase investment to build small-scale farmers' resilience to climate change, IFAD says
Environment 

Increase investment to build small-scale farmers’ resilience to climate change, IFAD says

May 9, 2022 NBE

Tragedy

IGAD urges Ethiopia, Sudan to avoid war
Investment Tragedy 

IGAD urges Ethiopia, Sudan to stop war

June 29, 2022June 29, 2022 NBE

The Intergovernmental Authority on Development (IGAD) urges Ethiopia and Sudan to refrain from further actions that will lead the two

University students protest against Ethiopians massacre in Oromia
Tragedy 

University students protest against Ethiopians massacre in Oromia

June 24, 2022June 24, 2022 NBE
Ethiopia accuses TPLF for blocking aid flights
Tragedy 

Ethiopia accuses TPLF for blocking aid flights

June 24, 2022 NBE
Tanzania bans donkey slaughter to stop risk of extinction
Tragedy 

Tanzania bans donkey slaughter to stop risk of extinction

June 17, 2022June 17, 2022 NBE

Crime

Ethiopian Customs seizes 156 million Birr smuggled goods
Crime 

Ethiopian Customs seizes 156 million Birr smuggled goods

June 19, 2022 NBE

Ethiopian Customs commission said within just one week period it has seized worth 156 million Birr contraband goods from smugglers

Africa advised to stamp out witchcraft accusations against children
Crime 

Africa advised to stamp out witchcraft accusations against children

June 1, 2022June 1, 2022 NBE
Donkey named most trafficked animal in the world
Crime 

Donkey named most trafficked animal in the world

May 18, 2022 NBE
Africa renews efforts to stamp out violence against children
Crime 

Africa renews efforts to stamp out violence against children

May 12, 2022May 12, 2022 NBE

Perspectives

Attitudes to Islamic wealth management in Africa
NBE Blog 

Attitudes to Islamic wealth management in Africa

July 1, 2022July 1, 2022 NBE

By Faizal Bhana – Africa’s private equity landscape is experiencing a fundamental shift. A budding generation of wealthy individuals are

An Africa-G7 energy food and security grand bargain
NBE Blog 

An Africa-G7 energy food and security grand bargain

June 25, 2022June 25, 2022 NBE
UN Secretary General’s message on World Environment Day
NBE Blog 

UN Secretary General’s message on World Environment Day

June 7, 2022June 7, 2022 NBE
Facebook A necessary evil in an open internet
NBE Blog 

Facebook: A necessary evil in an open internet

May 18, 2022May 18, 2022 NBE

Boortmalt to benefit 50,000 farmers in Ethiopia

https://youtu.be/wKnkayLxZLQ

EutelSat eyes introducing satellite Internet to Ethiopia

https://youtu.be/jAIBy5dgU4o

Ethiopian farmers adopt French chicken breeds

https://youtu.be/0gwN9UyeQlY

Besh Gebeya eyes creating 100,000 jobs

https://youtu.be/tBhKC1KffYA
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