Ethiopia, Egypt fail to reach agreement on the Nile
The governments of Ethiopia and Egypt have failed to reach an agreement on the use of the Nile…
Ethiopia – Addis International Bank profit grows 39 percent
Addis International Bank, one of the private financial institutions in Ethiopia, has made a gross profit (before tax)…
Ethiopia police seizes cannabis on route to Kenya
Ethiopian police and customs officers seized a truck carrying cannabis and trying to smuggle it to the neighboring…
South Sudan invites international companies for oil field audit
The Government of the Republic of South Sudan through its Ministry of Petroleum invites international companies to take…
Ethiopia enacts law to combat weapons’ trafficking
The Ethiopian Parliament on Thursday passes the new proclamation that aims to regulate weapons’ possession and combat illegal…
Ethiopia MPs call for support to Eritrean refugees in Tigray
After witnessing the challenges Eritrean refugees in Tigray region of Ethiopia are facing, the members of parliament (MPs)…
Ethiopia- Dashen Bank makes $40 million profit
Compared to the preceding budget year, the gross profit (before tax) of Dashen Bank, one of the biggest…
Ethiopia lifts tax on semi-finished leather export
With the aim of boosting the production and export earnings, the Government of Ethiopia has decided to lift…
Ethiopia gets $1.12 billion from export in five months
The Ministry of Trade and Industry of Ethiopia said during the first five months of the budget year…
Ethiopia – Zemen Bank profit soars 87 percent
As compared to the previous year, the annual profit before tax of Zemen bank, one of the financial…
Eagle Hills launches Addis Ababa luxury apartments’ sales
Eagle Hills, Abu Dhabi-based private real estate investment and development firm, is set to launch sales for its…
Ethiopia Prime Minister arrives Guinea
As part of strengthening bilateral ties, the Prime Minister of Ethiopia Dr. Abiy Ahmed today arrived in the…
Ethiopia – Abay Bank profit grows 63 percent
During the budget year concluded June 30, 2029, the annual profit before tax of Abay Bank Share Company,…
Ethiopian Christians celebrate 2012th Birth of Jesus Christ
Ethiopian Christians today celebrate colorfully 2012th Birth of Jesus Christ. Unlike other African countries, Ethiopia follows the Coptic-Julian…
Ethiopia – Enat Bank income increases by $7.3 million
Compared to the previous financial year, the annual income of Enat Bank, one of the private banks in…
Ethiopia inflation continues growing in double digits
The country level overall inflation rate in Ethiopia (annual change based on 12 months Moving Average) rose by…
Ethiopia – Addis Ababa revokes 1,178 investment licenses
The capital of Ethiopia, Addis Ababa City, has revoked a total of 1,178 investment licenses for failure to…
International bid from Ethiopian Roads Authority – (TENDER)
The federal Democratic Republic of Ethiopia – Ethiopian Roads Authority specific procurement notice international competitive bidding (Consultancy service…
Ethiopia – Oromia Insurance Company profit up 14 percent
During the budget year concluded June 30, 2019, Oromia Insurance Company (OIC) has registered a gross profit (before…
Ethiopia launches electronic customs processing platform for traders
The Government of Ethiopia launches an electronic platform that will enhance efficiency in trade logistics landscape of the…
Study reflects on Ethiopia – Djibouti railway corridor potential
A new study reflects on the challenges and the huge economic potential of the new Addis Ababa –…
Ethiopia – Lion Bank profit surges 45 percent
Compared to the preceding budget year performance, annual gross profit (before tax) of Lion International Bank (LIB), one…
International bid from Ethiopia for medical equipment – TENDER
Invitation to international competitive bid from Addis Ababa University College of Health Sciences for the procurement of medical…
Top Ethiopian athletes set to contest in Dubai
Some of the top athletes of the world including, record holders from Ethiopia, are set to contest at…
Ethiopia President meets Hollywood Actress Angelina Jolie
President Sahle Work Zewde of Ethiopia meets renowned Hollywood actress and film maker Angelina Jolie in Addis Ababa…
Ethiopia – Oromia International Bank earnings per share drops 29%
Compared to the proceeding budget year, Earnings per share of Oromia International Bank (OIB), one of the private…
International competitive bid from INSA of Ethiopia – TENDER
The Information Network Security Agency (INSA) of Ethiopia invites interested and potential international bidders for the supply of…
Ethiopia – 50 million to vote in May 2020 election
The National Electoral Board of Ethiopia (NEB) said some 50 million Ethiopians are expected to cast their votes…
Armed group assassinates an Ethiopian official
Unidentified armed group has opened fire on an Ethiopian government official and killed Abdulahi Sojar, Gumz Benishangul Council…
Awash Bank of Ethiopia grows profit by $43.4 million
Compared to the previous budget year annual gross profit of Awash Bank for the year ended June 30,…