Zemen Bank profit surpasses one billion Birr
Compared with the preceding year, the annual gross profit of Zemen Bank Share Company, one of the 16…
French malt factory in Ethiopia begins production
Built in Debre Birhan Industry Park in Amhara region of Ethiopia and owned by the French Boortmalt, a…
Wegagen Bank of Ethiopia profit up 46 percent
During the financial year concluded June 30, 2020, Wegagen Bank, one of the private banks in Ethiopia, has…
Africa common market needs public private partnership to succeed
The success of African Continental Free Trade Area, which goes operational on Friday January 1, 2021, depends on…
Africa continental trade goes operational today
Signed by 54 African countries, African Continental Free Trade Area (AfCFTA), the largest common market in the world…
Ethiopia rights commission’s investigation exposes crimes against humanity
The Ethiopian Human Rights Commission (EHRC) today released its investigation that exposed crimes against humanity committed in Oromia…
Ethiopian-DHL, AeTrade Group partner to facilitate continental trade
Ethiopian Airlines-DHL and African Electronic Trade Group partner to transport historical parcels in the African Continental Free Trade…
Does United Nations know who heads WHO?
OPINION- By Addis G. Tadesse – World Health Organization Director General Dr. Tedros Adhanom went political in his…
Commercial Bank of Ethiopia awards apartments, trucks to customers
Commercial Bank of Ethiopia awarded two apartments, three trucks, and 17 automobiles, 34 three wheels to its customers…
1,131 COVID-19 patients in Ethiopia recover in 24 hours
In the last 24 hours 1,131 Ethiopians have recovered from coronavirus (COVID-19) while the country reported 468 new…
Ethiopia introduces zero profit tax incentive to boost tourism
With the aim of encouraging new private investments in tourist attraction sites, the Government of Ethiopia has introduced…
Hibret Bank of Ethiopia profits grows 15 percent
Compared with the previous financial year annual gross profit of Hibret Bank, one of the sixteen active private…
Ethiopia electoral board chooses voting dates
National Electoral Board of Ethiopia (NEBE) chosen June 5, 2021 and June 12, 2021 to be voting dates…
Nib Bank profit increases by 381 million Birr
Compared with the previous year’s performance, gross profit of Nib International Bank, one of the 16 private banks…
UN agency donates vehicles supporting COVID19 response in Ethiopia
The United Nations Economic Commission for Africa (UNECA) today donated vehicles to support COVID19 response in Ethiopia.
Dashen Bank profits about 1.8 billion Birr
Dashen Bank Share Company, one of the 16 private banks operating in Ethiopia, has reported annual gross profit…
CR2 set to accelerate digital banking in Ethiopia
CR2, one of the top financial technologies companies operating in Ethiopia, has been awarded the tender to roll…
Ethiopia electoral board cancels 26 political parties license
The National Electoral Board of Ethiopia (NEBE) has cancelled licenses of 26 political parties which failed to fulfil…
Ethiopia launches second satellite to space
Ethiopia has launched its second satellite, ET Smart RSS2, to space, which will send high quality pictures that…
Ethiopia, Sudan officials met to discuss border dispute
A delegation led by Deputy Prime Minister and Foreign Affairs Minister Demeke Mekonnen, has visited Sudan this week…
Ethiopia approves law to introduce capital market
The Council of Ministers of Ethiopia today approves a draft law prepared by the National Bank of Ethiopia…
Berhan Bank profit increases 22 percent
Compare with the previous budget year gross profit of Berhan Bank of Ethiopia has increased by 22 percent…
Bunna Bank of Ethiopia profit declines 6 percent
Compared to the previous year, annual profit of Bunna International Bank of Ethiopia has declined by about 43…
Ethiopia’s next battle, the saboteurs within
OPINION – By Aregu Balleh – Tigray Peoples Liberation Front (TPLF), which as been working against the people…
Food insecurity, conflict deteriorate Ethiopia’s humanitarian situation
The resurgence of the worst invasion of desert locusts in Ethiopia’s history is raising hunger levels amidst continued…
Debub Global Bank profit up 33 percent
Annual Profit of Debub Global Bank of Ethiopia for the budget year concluded June 30, 2020 has increased…
Ethiopian army finds hidden 4.7 million liters fuel in Tigray
Buried underground by Tigray People Liberation Front (TPLF), the Ethiopian National Defense Force (ENDF) discovered 21 fuel tanks…
Ethiopia announces 10 million Birr reward to capture TPLF fugitives
The Government of Ethiopia today announced a 10 million Birr (about $250,000) reward for anyone who informs the…
Study advices Ethiopia not to rush to banking liberalization
As oppose to the push by the international financial institutions, a new study by the renowned professor of…
Nestlé to help Ethiopia tackle plastic pollution
Nestlé said it has partnered with local sustainability consultant TS Environment to set up a plastics waste recovery…