Rockefeller Foundation commits $1 billion for green recovery from pandemic
The Rockefeller Foundation will commit USD1 billion over the next three years to catalyze a more inclusive, green…
NBE
Ethiopian police seizes 10 illegal Kalashnikov guns
Ethiopian police seized 10 illegal Kalashnikov guns with many bullets from smugglers around Guraferda area in Benchi Sheko…
President Trump dealmaker or war advocate?
By Aregu Balleh- About a year ago President Trump contested the decision of the Norwegian Nobel Committee to…
Road traffic accidents in Ethiopia claim over 4,100 lives
During the Ethiopian calendar year ended July 7, 2020, a total of 4,133 people have lost their lives…
Ethiopia jails Cameroonian engaged in printing U.S. dollar
The Addis Ababa Police Commission captured a Cameroonian national engaged in printing U.S. dollar notes and converting to…
How formalizing informal exporters supports Ethiopian economy
WEEKEND READING = By Andualem Sisay Gessesse – Yifter Kebede (39) has been working in shoes factories for…
Africa loses millions of dollars to aflatoxins
By Tandong Calistus Jong – Africa cumulatively loses more than 670 million US Dollars annually in lost exports…
Cape Town set for first Hyatt Hotel
Hyatt Hotels Corporation announced today that a Hyatt affiliate has entered into a management agreement with South African…
Ethiopia set to introduce centralized bank borrowers database
With objective of decreasing nonperforming loans of banks, the National Bank of Ethiopia is set to introduce a…
COVID-19 challenge, opportunity in Addis Ababa
Mekonnen Teshome and Tesfaye Abate – Ethiopia has long struggled with access to clean water. But the spotlight…
Ethiopia attracts half a billion dollar FDI in three months
The Investment Commission of Ethiopia says the country has half a billion foreign during the first quarter of…
Ethiopia to help vandalized investments recovery
The Government of Ethiopia is preparing a recovery package that will help businesses vandalized by mobs came out…
Ethiopia GDP surpasses $100 billion says PM Abiy
The Gross Domestic Product (GDP) of Ethiopia has increased last year to 3.375 surpassing $100 Billion for the…
Ethiopia repatriates 993 immigrants from Saudi, Tanzania, Djibouti
In the last three weeks Ethiopia has repatriated 993 citizens migrated illegally to Saudi Arabia, Tanzania and Djibouti,…
Ethiopia distributes 96 billion Birr new currency notes
The National Bank of Ethiopia said it has distributed over 96 billion Birr (about $2.6 billion) valued new…
MIDROC Ethiopia, Alkhorayef Industries ink partnership agreement
Mohammed International Development Research and Organization Companies (MIDROC) Investment Group of the Ethio-Saudi tycoon Sheikh Mohammed Hussein Ali…
Local farmers to supply in-flight meals to Ethiopian Airlines
Ethiopian Airlines and the United States today partnered to enable the nation’s flagship carrier to source locally grown…
Ethiopian police jails 95 criminals for tax fraud, corruption
In the last three months the Federal Police of Ethiopia jailed 95 criminals suspected of tax fraud, corruption…
Bunna Bank of Ethiopia focuses in Corporate Social Responsibility
With the objective of proactively engaging in Corporate Social Responsibility (CSR) activities in an organized manner, Bunna International…
Forests still underrated as allies to curb rural poverty
Poverty is one of the greatest challenges facing humanity. Globally, one out of every 10 people lives in…
Ethiopia celebrates Global Handwashing Day
Today, Global Handwashing Day is celebrated in Ethiopia with the theme “I wash my hands properly to save…
Ethiopia to distribute 50 million facemasks to schools
As the country is set to open schools as of end of October, the Ministry of Education of…
Ethiopia plans producing 137,000 kilograms of gold
The Ministry of Mines and Petroleum of Ethiopia has set a target to produce 137,000 kilograms of gold…
World Bank to provide $400 million to Ethiopia
The World Bank today inked an agreement with the Ministry of Finance of Ethiopia to provide $400 million…
Africa needs modern African statistical systems, Ethiopian President
The seventh meeting of the Statistical Commission for Africa (StatCom7) opened virtually on Tuesday with a clarion call…
Ethiopia’s mega dam to generate electricity
Two turbines of the Great Ethiopian Renaissance Dam (GERD) will start generating hydropower after five months, said Prime…
Ethiopia suspends Ethiopian Airlines privatization
The Ministry of Finance of Ethiopia said it has suspended the partial privatization of the fully state owned…
Ethiopia gold production increases threefold
Gold production of Ethiopia by artisan miners over the past three months starting July 7, 2020 has increased…
Ethiopia inaugurates new tourist attraction in Addis Ababa
Prime Minister Abiy Ahmed of Ethiopia this morning inaugurated a new tourist attraction developed on the Entoto Mountain…
Ethiopia – Emerging destination for business process outsourcing
By Andualem Sisay Gessesse – When he and his four friends opened an ICT company 16 years ago,…