newbusinessethiopianews – New Business Ethiopia

The END Fund to fight intestinal worms in Ethiopia, Kenya, Rwanda

February 4, 2021February 4, 2021newbusinessethiopianews

The END Fund announced a new opportunity to fast-track progress against intestinal worms among school children and other at-risk groups in Ethiopia, Kenya, and Rwanda.

Ethiopia foils terrorists’ attack on UAE embassy

February 3, 2021February 3, 2021newbusinessethiopianews

The National Intelligence and Security Service (NISS) of Ethiopia said it has arrested 15 suspected terrorists who were planning a terror attack on the Embassy of the United Arab Emirates (UAE) in Addis Ababa.

$456 million asphalt roads to connect Ethiopia with neighbors

February 3, 2021February 3, 2021newbusinessethiopianews

The Government of Ethiopia has awarded several asphalt road projects worth close to $456 million that connect the east African country with neighboring countries specifically Sudan, Kenya, Eritrea and Somalia.

Mesqan, Mareqo clash hampers Butajira’s growth

February 3, 2021February 3, 2021newbusinessethiopianews

The unresolved clash between Mesqan and Mareqo Weredas (districts) over territory has been negatively affecting the revenue collection and growth of the City over the past few years, says Butajira City head of revenue office.

Achieving safe sanitation, wastewater management in Africa

February 2, 2021newbusinessethiopianews

The African Development Bank, the UN Environment Programme (UNEP) and GRID-Arendal have released the inaugural Sanitation and Wastewater Atlas of Africa, a tool to benchmark and propel Africa’s progress towards Sustainable Development Goals on safe sanitation and wastewater management.

Butajira City infrastructure investment paying off

February 2, 2021February 3, 2021newbusinessethiopianews

Effective investment in infrastructure by Butajira City, one of the fastest growing cities of Ethiopia, has been paying off facilitating jobs creation and generating revenue to the municipality, says an official.

Ethiopia launches online business registration platform

February 1, 2021February 1, 2021newbusinessethiopianews

As part of improving its doing business global ranking, Ethiopia launched today online business license registration platform.

Ethiopia tax income up 17 percent

February 1, 2021February 1, 2021newbusinessethiopianews

The Government of Ethiopia has collected a total of 149.2 billion Birr the first six months of current budget year started July 8, 2020.

Ethiopia denies intentions to implement debt treatment exercise

February 1, 2021newbusinessethiopianews

The Ministry of Finance of Ethiopia has denied recent press reports of its intentions to implement debt treatment exercise to its public external debt.

Djibouti pursues its ambitious growth projects in 2021

February 1, 2021newbusinessethiopianews

In spite of the particularly challenging international economic situation arising from the health crisis, the Republic of Djibouti has entered the year 2021 with determination.

Ethiopia sees jump in mobile payments despite COVID-19

January 30, 2021January 30, 2021newbusinessethiopianews

By Eyerus Hadgu – Less than 35% of Ethiopians have access to financial services. Most bank branches are clustered around Addis Ababa and other urban areas, whereas over 80% of the population lives in rural areas, according to the World Bank.

DP World helps COVID-19 vaccines provision for lower income countries

January 29, 2021January 29, 2021newbusinessethiopianews

DP World and UNICEF have announced a wide-ranging partnership to support the global distribution of COVID-19 vaccines and related immunization supplies in low- and lower-middle-income countries.

Two private companies to improve internet access in Ethiopia

January 28, 2021January 28, 2021newbusinessethiopianews

With the aim of improving internet access in Ethiopia, WebSprix, Ethiopia’s only private Internet service provider announced investing in wingu.africa group limited, the pan East African data center, which recently entered the Ethiopian market to build the first private data center in the country.

UN agency receives reports of rising hunger in Tigray

January 27, 2021January 27, 2021newbusinessethiopianews

The United Nations Office for the Coordination of Humanitarian Affairs (UNOCHA) said on Tuesday that it is “receiving reports of rising hunger and malnutrition in Tigray”. Tigray Region is recently liberated from the stronghold of Tigray peoples Liberation Front (TPLF) militias by the federal army.

Africa50 launches podcast to attract investment in infrastructure

January 27, 2021newbusinessethiopianews

Africa50, in partnership with US based Foreign Policy magazine, has launched an exciting new podcast series called Africa Forward. Africa Forward tells the largely untold story of how infrastructure is transforming the lives of people in Africa.

Ethiopian Airlines, CemAir implement interline agreement

January 26, 2021newbusinessethiopianews

Ethiopian Airlines and CemAir have started implementing an interline agreement which allows passengers enjoy seamless travel with a single ticket and lower cost between points within the carriers’ networks.

Addis Bank profit increases to 274 million Birr

January 26, 2021January 26, 2021newbusinessethiopianews

Addis International Bank, one of the sixteen private banks operating in Ethiopia, has announced a total of 274.2 million Birr profit before tax for the budget year concluded June 30, 2020.

Using youth-friendly service does not increase risk of COVID-19

January 25, 2021newbusinessethiopianews

By Fitsum Workneh – Adolescence is a unique and critical stage of life, the biological and psychological changes that occur at this period puts them at risk of several sexual and reproductive problems unless equipped with appropriate knowledge, and the healthcare system is expected to be considerate of their needs.

COVID-19 & misinformation – Challenges of Ethiopian journalists

January 25, 2021newbusinessethiopianews

By Mekonnen Teshome Tollera – Though it is crystal-clear that journalists have been challenged working through all disastrous environment, from riots to wars and from natural to human-made catastrophes, the outbreak of the Novel Corona Virus (COVID-19) has exceptionally shaken media houses and journalists in Ethiopia.