Compared to the previous budget year annual gross profit of Awash Bank for the year ended June 30, 2019, has…
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Ethiopia to launch independent economic advisors’ council
The Government of Ethiopia has invited independent professionals to be part of the national economic advisors council the country is…
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Alibaba invites Ethiopian entrepreneurs, businesses for free training
The Chinese giant ecommerce company, Alibaba Group, is set to launch an ecommerce training program dubbed, Alibaba Netpreneur Training Program,…
Read MoreEthiopia _ Cooperative Bank of Oromia profit up by $21 million
Compared to the previous year the net profit of Cooperative Bank of Oromia (CBO), one of the private banks in…
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Ethiopian student invents car using motorcycle engine
Using motorcycle engine, an Ethiopian high school student invented a vehicle that travels 40 kilometers using one liter of fuel.
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Armed gangs kill six children in Ethiopia
Unidentified armed gangs have shot and killed six teenagers in northern part of Ethiopia Amhara region Tsegede area at a…
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Fatal car accident claims 22 lives in Ethiopia
A fatal car accident in Ethiopia occurred on Sunday around Meki town, some 150 kilometers South of the capital Addis…
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Ethiopia revises 70 / 30 college enrollment quota
The Government of Ethiopia has revised its college acceptance quota that forces higher education institutions in the country to enroll…
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Coffee and Ethiopia
BY ANDUALEM SISAY GESSESSE – Unlike other coffee producing African countries, such as Uganda, and Burundi, more than half of…
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Scool feeding creates ten thousand jobs in Addis Ababa
The school feeding program launched recently by the Addis Ababa City Administration has created jobs for 10,000 mothers and parents…
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Ethiopia jails Nigerian for cocaine trafficking
Ethiopian court sent to jail a Nigerian national for entering the country carrying 175 grams of narcotic drug known as,…
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Wegagen Bank of Ethiopia profit drops by $10 million
The annual gross profit (before tax) of Wegagen Bank of Ethiopia for the budget year ended June 30, 2019 has…
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Al Amoudi to build mega oil processing in Ethiopia
BY MEKONNEN TESHOME – Sheikh Mohammed Hussein Ali Al-Amoudi, Chairman and Owner of the leading Ethiopian investment group, Midroc Ethiopia,…
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PM Abiy launches $69 million road project in Jimma
Prime Minister Abiy Ahmed of Ethiopia launches a 2.2 billion birr (about $69.3 million at current exchange rate) road construction…
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