Sandvik completes PCD tools manufacturer acquisition
Sandvik has completed the previously announced acquisition of the Portugal-based company Frezite.
Ethiopia briefs diplomats in Addis Ababa
Deputy Prime Minister and Foreign Minister Demeke Mekonnen and State Minister Ambassador Tesfaye Yilma briefed today Addis Ababa-based diplomats and representatives of international organizations about current developments in Ethiopia.
‘Final’ multiple front battles begin in north Ethiopia
The war between Ethiopian National Defense Force (ENDF) and Tigray Peoples Liberation Front (TPLF) has expanded to multiple fronts, which many believed to be the final fronts to set free Tigray from…
UNECA boss stepped down after five years
United Nations Under-Secretary-General and Executive Secretary of the Economic Commission for Africa (UNECA), Vera Songwe, has stepped down, effective 1 September 2022, after five years of dedicated service to ECA and its…
War in Ethiopia expands to Sudan border
The ongoing war between the national defense for of Ethiopia and the Tigray Peoples Liberation Front (TPLF) has expanded its area to the western front around Wolqait and Ethiopia – Sudan border.
Why Africa marks today its traditional medicine day?
As Africa marks today the African Traditional Medicine Day, World Health Organization (WHO) Regional Director for Africa, Dr Matshidiso Moeti, issued the following message.
South Sudan unified its armed forces
The Government of South Sudan has unified its armed forces by bringing together all armed factions under one national army.
Research shows disease risk to patients, health care providers
Half of health care facilities worldwide lack basic hygiene services with water and soap or alcohol-based hand rub where patients receive care and at toilets in these facilities, according to the latest…
Development Bank of Ethiopia makes 3.9 billion Birr profit
The state-owned Development Bank of Ethiopia has generated a gross profit (before tax) of 3.9 billion Birr year last budget year concluded July 7, 2022.
Les Saveurs d’Ethiopie Paris-Addis hosts coffee roasting training
A Coffee roasting training that contributes to the efforts of adding values to Ethiopian coffee production, organized by Les Saveurs d’Ethiopie Paris-Addis.
Ethiopia’s first private telecom delivers mobile service
Safaricom Ethiopia, the first private telecom operation in Ethiopia has on Monday announced commencing network test service in eastern part of the country, Dire Dawa City.
American officials visit US-funded projects in Ethiopia
American officials – Ambassador Tracey Jacobson, Chargé d’Affaires of the U.S. Embassy in Addis Ababa, and USAID/Ethiopia Mission Director Sean Jones – visit U.S. government-funded projects in Ethiopia’s Dire Dawa and Harar…
Ethiopia’s import bill surpasses $18 billion
Widening its trade deficit to $14 billion, Ethiopia’s import bill has surpassed 18 billion last budget year concluded July 7, 2022 with China and India supplying 33 percent of the merchandizes.
Ethiopia eyes export income surpassing $5 billion as coffee, gold prices increase
During the current budget year started July 8, 2022, the Government of Ethiopia expects increase of annual commodity export income by 30 percent reaching $5.4 billion mainly as a result of increasing…