newbusinessethiopia

Dec162019 by newbusinessethiopiaNo Comments

Tech-savvy Ethiopian youth brainstorm elections-related technology

The U.S. Embassy in Addis Ababa conducted its latest hackathon, entitled “Digital Solutions to Elections-related Technology” which aimed at brainstorming on how to develop open source technology. (more…)

Dec162019 by newbusinessethiopiaNo Comments

Bid to supply pesticides to Ethiopian corporation (Tender)

Bids

Invitation for bid from Ethiopian Trading Businesses Corporation, the state agency, to supply pesticides and spraying equipment. Tender No.ET-ETBC-CPU/NCB-10/2019 (more…)

Dec82019 by newbusinessethiopiaNo Comments

Bunna Bank of Ethiopia profit up 46 percent

Finance

Gross profit of Bunna International Bank of Ethiopia grew to 625 million birr (over $20 million at the current exchange rate) for the year ended June 30, 2019, which is 46.4 percent increase compared to the previous financial year. (more…)

Dec72019 by newbusinessethiopiaNo Comments

Ethiopia’s Nib bank makes 928 million birr profit

Finance

Nib International Bank Share Company, one of the private banks in Ethiopia announces gross profit of 928 million birr (close $30 million), which is 269 million birr up compared to the previous year. (more…)

Dec72019 by newbusinessethiopiaNo Comments

Ethiopian CEO wins Airline Executive of the Year

Travel

Mr. Tewolde GebreMariam, CEO of Ethiopian Airlines wins Airline Executive of the Year organized annually by CAPA Global Aviation. (more…)

Dec72019 by newbusinessethiopiaNo Comments

Historic AU building in Ethiopia gets additional plot

Politics

The Addis Ababa City Administration of Ethiopia signed agreement with the UN Economic Commission for Africa (ECA) on Friday granting the latter some 3,000 square meters of land around ECA compound. (more…)

Dec62019 by newbusinessethiopiaNo Comments

French agency boss launches a book in Ethiopia

Economy

Calling for a new mindset to reconcile differences at every stage of the society across the world, a new book by Remy Rioux, CEO of Agence Francaise De Development (AFD) entitled, “Reconciliations”, is launched today in Addis Ababa, Ethiopia. (more…)

Dec52019 by newbusinessethiopiaNo Comments

ECW invests $27 million to help displaced students in Ethiopia

Education

Education Cannot Wait (ECW) announces a $27 million investment to support the delivery of quality inclusive education to close to 750,000 girls and boys displaced by the crises in Ethiopia. (more…)

Dec52019 by newbusinessethiopiaNo Comments

International conference to address Ethiopia’s pressing challenges

Economy

With the aim of transforming the lives of Ethiopians by the year 2050, an international conference that aims to draft a policy recommendation on the country’s major pressing issues is set to be held in Addis Ababa in two weeks time. (more…)

Dec32019 by newbusinessethiopiaNo Comments

German MP urges Ethiopia to avoid deadly unrest after election

Politics

Member of Parliament of Germany and Vice chairman of the Konrad Adenauer Foundation,Hermann Grohe, urges Ethiopia to avoid “at all cost” the kind of after election unrest that claims over 1,500 lives in the neighboring Kenya in 2007. (more…)

Dec22019 by newbusinessethiopiaNo Comments

Germany funds Ethiopia’s homegrown economic reform

Economy

In support of Ethiopia’s recently launched home-grown economic reform, the Government of Germany provides 352.5 million Euros. (more…)

Dec22019 by newbusinessethiopiaNo Comments

Five regional parties joined Ethiopia’s ruling coalition

Politics

The leaders of five regional political parties governing the peripheral regions of Ethiopia signed a deal to join the new Ethiopian Prosperity Party (EPP). (more…)