Five zones in Ethiopia to form new regional state
Five zones and one wereda (district with an average population of 140,000) from Southern Region of Ethiopia have agreed to merge and form a new regional state, which will be the 11…
Exponential growth possible for Africa’s automotive industry
The development of regional value chains could see new vehicle sales increase from 1 million to 5 million units a year across Africa, according to Afreximbank.
What makes apartments in Addis Ababa so expensive
WEEKEND READING – BY ANDUALEM SISAY GESSESSE – Kebede Mohamed (not his real name) is a father of three and was registered for the government condominium housing project and began saving a…
Ethiopia repatriates 400,000 migrants from Saudi Arabia
The Ministry of Foreign Affairs of Ethiopia says in the last three years it has helped over 400,000 Ethiopian migrants from Saudi Arabia who were living in the country illegally.
Tadjoura Port of Djibouti begins serving Ethiopia
The new Tadjoura Port of Djibouti began this week serving northern Ethiopian regions allowing the country to import and export non-containerized goods, says the Ministry of Transport of Ethiopia.
U.S. provides equipment to Ethiopian defense force
The United States Government has partnered with the Ethiopian Ministry of Defense to strengthen the capacity of the Ethiopian National Defense Forces by providing equipment this week.
World Bank approves $400 million grant to Ethiopia
The World Bank approved a grant of $400 million to support Ethiopia Urban Productive Safety Nets and Jobs Project of which $50 million is from the window for host communities and refugees…
Center urges Ethiopian businesses to use Africa free trade
The founder and head of the Center for Accelerated Women’s Economic Empowerment (CAWEE) urges Ethiopian businesses to get prepared to benefit from the African Continental Free Trade Area Agreement (AfCFTA).
Helicopter crashes in Ethiopia
A helicopter crashed in Ethiopia on Friday morning in Amhara Region around Werebabo area while spraying pesticides against desert locust.
Meeting stresses private sector role in post-pandemic development
Delegates representing African finance and development ministries, and the private creditor community virtually met to discuss the role of the private sector in supporting low-income countries through the COVID-19 crisis, and driving…
Ethiopian unveils COVID-19 global insurance cover
By Sisay Woubeshet – Ethiopian Airlines announces it will cover the medical insurance including repatriation, evacuation and quarantine costs related to COVID-19 as of 01st of October 2020 until 31st of March…
Ethiopian agency spent $450 million on medicines
Ethiopian Pharmaceuticals Supply Agency (EPSA), the state agency in charge distributing medicines and medical equipment to state health centers, said it has spent 16.5 billion Birr (about $450 million) last year concluded…
State companies in Ethiopia generate $8.2 billion revenue
The state enterprises in Ethiopia have generated a total revenue of over 300.5 billion birr (about $8.2 billion) during the budget year of the country concluded July 7, 2020.
Saudi Arabia deports some 300 Ethiopians
The Government of Saudi Arabia has deported 299 Ethiopian immigrants who were in Saudi prisoners for entering in the country illegally.