Development Bank of Ethiopia secures $613 million government loan
The Ethiopian Parliament on Thursday approves 21.2 billion birr (about $613 million) long term loan to poorly performing Development Bank of Ethiopia (DBE).
Ethiopia attracts 12 major telecom operators for two licenses
Following the launching of Expression of Interest process for the issuance of two new full-service telecommunication licenses in Ethiopia, 12 major telecom operators have shown interest.
United States provides $356 million for Sudan’s democratic transition
PRESS RELEASE – The United States is providing $356.2 million to support the democratic transition in the Republic of Sudan following a peaceful revolution in 2019.
Seizing the momentum for change in Sudan
OPINION – By Janez Lenarčič – A unique moment for positive change in Sudan should be seized now, argue Janez Lenarčič, European Commissioner for Crisis Management, and Jan Egeland, Secretary General of…
Founder Institute Addis Ababa Accelerator moves online
PRESS RELEASE – Founder Institute Addis Ababa (FI.co), the local chapter of the world’s largest pre-seed accelerator, announced today that its 2020 program will take place 100% online, allowing anyone across EMEA…
UN agencies set to help Ethiopia fight malnutrition
PRESS RELEASE – The United Nations Children’s Fund (UNICEF) and World Food Programme (WFP) have launched a three-year partnership in Ethiopia to support the Government in preventing acute malnutrition in children and…
Ethiopia inaugurates 2 million bread per day baking factory
Prime Minister Abiy Ahmed of Ethiopia this morning inaugurated Sheger Bread Factory, the largest bakery and flour factory with potential of baking 2 million loaves of breads every day in three shifts.
Ethiopia secures $680 million cracking contraband network
Customs Commission of Ethiopia has secured 23.52 billion birr (about $680 million at current exchange rate) by capturing goods from people engaged in illegal trading (contraband traders).
Ethiopia electoral board refuses acknowledging TIgray election plan
By Basaznew Wondimneh – The National Electoral Board of Ethiopia (NEBE) said it will not recognize the decision of Tigray Regional Administration to hold election and the request to handle / manage…
Were Egyptians hungry during frequent droughts in Ethiopia?
By Andualem Sisay Gessesse – In the past few years the tension between Ethiopia and Egypt has been escalating over the use of the water of the Nile River. Thought the reason…
Ethiopian Customs captures criminals engaged in illegal trade
Over the last six days Customs Commission of Ethiopia has captured criminals with contraband goods worth 27.5 million birr ($about 795,000).
Egypt orchestrates cyber attacks on Ethiopia
As the dispute between Egypt and Ethiopia over the Nile dam escalates, the Government of latter said it has foiled cyber attacks orchestrated by Egypt based cyber-criminals and hackers.
COVID-19 recoveries in Ethiopia increase to 1,412
The total number of patients recovered from coronavirus (CPOVID-19) in Ethiopia has increased to 1,412, the Ministry of Health said.
UNESCO says 40% poorest countries failed to support learners
PRESS RELEASE – Fewer than 10% of countries have laws that help ensure full inclusion in education, according to UNESCO’s 2020 Global Education Monitoring Report: Inclusion and education – All means all.