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Ethiopia invites foreign telecom operators

Ethiopia invites foreign telecom operators

May 21, 2020

The Government of Ethiopia today invites foreign telecom operators to express their interest to enter the second most populous African market currently being served with the state company – Ethio Telecom.

Gemcorp wins bid to supply wheat to Ethiopia.

Gemcorp wins bid to supply wheat to Ethiopia.

May 21, 2020

Gemcorp, the London based company with trading hubs in Dubai and Geneva, announced today winning yet another bid to deliver 200,000 metric tons of wheat to the National Disaster and Risk Management…

Number of coronavirus in Ethiopia jumps to 398

Number of coronavirus in Ethiopia jumps to 398

May 21, 2020

The total number of coronavirus (COVID-19) infected people in Ethiopia jumps to 398 after the country reported nine new cases in the last 24 hours, the Ministry of Health said.

Ethiopia may hold election after a year

Ethiopia may hold election after a year

May 21, 2020

Ethiopia may be able to hold general elections between 10 to 13 months’ time if the current state of emergency is lifted and the government allows gathering of 200 to 300 people,

Ethiopia coronavirus cases up to 389

Ethiopia coronavirus cases up to 389

May 20, 2020

The total number of confirmed coronavirus (COVID-19) cases in Ethiopia has increased to 389, the Ministry of Health of Ethiopia said.

Export earnings of Ethiopia increases 10 percent

Export earnings of Ethiopia increases 10 percent

May 20, 2020

Commodity export earnings of Ethiopia during the first nine months of the current fiscal year of the country starting July 8, 2019 has increased by 10 percent reaching $2.09 billion compared to…

UN boss urges Ethiopia, Sudan, Egypt to negotiation

UN boss urges Ethiopia, Sudan, Egypt to negotiation

May 20, 2020

Through his spokesperson, the Secretary-General of The United Nations Antonio Guterres on Tuesday urges Ethiopia, Sudan, Egypt to continue negotiations in relation to the Grand Ethiopian Renaissance Dam (GERD).

Ethiopia limits cash withdrawal from banks

May 19, 2020

With the aim of fighting tax avoidance and illegal circulation of money, the National Bank of Ethiopia (NBE) today introduced a directive that limits cash withdrawal from banks.

EU acknowledges significance of Nile dam to Ethiopia

EU acknowledges significance of Nile dam to Ethiopia

May 19, 2020

The European Commission and European Council have acknowledged the strategic significance of the Nile River and Ethiopia’s mega hydro-power under construction – the Great Ethiopian Renaissance Dam (GERD) to Ethiopia.

Cepheus Capital invests in Lion Brands of Ethiopia

Cepheus Capital invests in Lion Brands of Ethiopia

May 18, 2020

Cepheus Growth Capital Partners (Cepheus Capital) announces an investment into East African Lion Brands Manufacturing Share Company (Lion Brands), one of Ethiopia’s leading domestic manufacturers of fast moving consumer goods (FMCG) products…

Ethiopia, Sudan conclude security meeting

May 18, 2020

Higher government officials from Ethiopia and Sudan have concluded a three days security meeting today that focused on addressing conflicts across the border and organized crimes.