Ethiopia’s industrial parks generate $103 million export income
The government of Ethiopia has secured $103 million export earnings from products manufactured in industrial parks over the first nine months of its fiscal year started July 8, 2018.
Author: NBE
World Bank President visits Ethiopia
The President of the World Bank Group (WBG), David Malpass, who met Ethiopian government officials in Addis Ababa, expressed his institution’s support to the ongoing economic reform of Ethiopia.
UN agency suspends operations in western Ethiopia
The United Nations Higher Commission for Refugees (UNHCR) has said it has suspended its operations in the Western part of Ethiopia, Gambella region due to insecurity.
Journalists from the globe confer in Ethiopia
Journalists from across the world gathered in Addis Ababa, Ethiopia, for a three days conference and celebrate the World Press Freedom Day.
Chinese companies to setup $2 billion bamboo processing in Ethiopia
Two Chinese companies have concluded a deal with Ethiopian government to invest a total of $2 billion to process Ethiopia’s bamboo and produce paper products for both local and export … Read More
Ethiopia to build 40 million euro cardiac center
With the financial assistance from the government of the Netherlands, Ethiopia is set to build a specialized cardiac center in Addis Ababa inside the Black Lion Specialized Hospital compound.
Ethiopia purchases 1.3 million metric tons fertilizer
In preparation for the upcoming Meher agriculture season (from June to August), the government of Ethiopia has purchased 1.3 million metric tons of fertilizer.
Ethiopian wins best African cargo airline awards
Ethiopian Cargo and Logistic Services says it has won ‘2019 Best Cargo Airline –Africa’ Award at the Air Cargo News Awards held in London, UK.
E-Trike launches electric car assembly in Ethiopia
Mitsui and Co. Ltd, the Japanese electric auto manufacturing company on Friday launched an assembly plant in Ethiopia for its electric car (E-Trike).
Ethiopia lost its former president
Ethiopia today lost its former President Dr. Negasso Gidada in Germany where he was getting medical treatment, the state broadcaster said.
Ethiopia launches investigations on private colleges
In an attempt to rescue the deteriorating education quality, the government of Ethiopia has launched investigations on all private higher institutions.
Gunmen kill one man in northern Ethiopia
Unidentified gunmen opened fire on a bus heading to Mekele City of north Ethiopia carrying football players and killed one wounding several, the state broadcaster said.
Ethiopia collects $2 billion from legal, illegal traders
The Customs Commission of Ethiopia has collected around 56.7 billion birr (close to $2 billion) from international trade taxation, trade misinvoicing and confiscation of goods from smugglers during the first … Read More
Chopper crashes in Ethiopia this morning
One of Trans Nation Airways choppers crashed this morning minutes after departure from the Bole International Airport in Addis Ababa, Ethiopia.
Ethiopia’s export income declines 9 percent
Continuing its decline Ethiopia’s export income for the first nine months of the fiscal year started July 8, 2018, goes down by about 9 percent compared to same time last … Read More
መንግስት ዛሬም ለኢትዮጵያ ፕሬስ ትኩረት ይስጥ
በኢትዮጵያ በዶ/ር አብይ አህመድ ወደ ስልጣን መምጣትን ተከትሎ ሀገራችን እጅግ አስደሳች የሆነ የለውጥ ርምጃ እየታየ ሲሆን የወደፊቱም የሀገራችን ተስፋ ብሩህ መሆኑን አመላክቶአል፡፡ ለውጡን ተከትሎም በተለይ ከተወሰዱት እርምጃዎች መካከል በመንግስት ተቁዋማት … Read More
Addis Ababa to host over 3,000 healthcare professionals
Tha capital of Ethiopia, Addis Ababa City is set to host an international trade fair and forum focusing on healthcare, medical, pharma and wellness technology, inputs and solutions, the organizers … Read More
Ethiopia secures $1.8 billion from China
The State Grid Corporation of China (SGCC) is set to invest $1.8 billion in Ethiopia’s electric power transmission and distribution lines.
Ethiopia jails 3 GIZ employees for illegal trade
The Customs Commission of Ethiopia today announced arresting three GIZ employees for abusing diplomatic privilege and importing worth 219.4 million birr (close to $7.7 million) goods without paying tax.
Ethiopia’s state bank deposit surpasses $17 billion
The total deposit of Commercial Bank of Ethiopia (CBE) exceeds half a trillion birr (over $17 billion), said the recently appointed president of EBE.
Malaysian company to produce edible oil in Ethiopia
Golden Africa, a Malaysian company is set to invest in edible oil manufacturing in Ethiopia creating jobs for 1,500 people in two years time.
Ethiopian Airlines set to launch flight to Marseille
Ethiopian Airlines says it has finalized preparations to launch a thrice weekly flight to Marseille, France as of July 02, 2019.
Korea Exim Bank provides $264 million to Ethiopia
South Korea Exim Bank has provided $264 million loan to the Government of Ethiopia supporting ongoing development projects of the government.
Ethiopian custom seizes $39,700 illegal cash
The customs officers at the Togochale customs post in the eastern part of Ethiopia bordering Somalia seized $39,700 cash from an individual who was trying to smuggle out the cash.