Ethio Telecom profit doubles in two years
Annual gross profit of Ethio Telecom, the state-owned telecom service provider in Ethiopia, has almost doubled within the last two years.
U.S. Ambassador in Ethiopia visits war affected people
The United States Chargé d’Affaires in Ethiopia, Ambassador Tracey Jacobson, on Wednesday visited people affected by war and regional recovery as well as humanitarian assistance efforts in Bahir Dar, Amhara region of…
Ethiopia economy set to grow 8.7 percent this year
The Government of Ethiopia forecasted 8.7 percent economic growth for the current Ethiopia’s budget year started July 8, 2021.
Bunna Bank of Ethiopia introduces new logo
Bunna Bank, one of the private financial institutions in Ethiopia, today announced rebranding itself with a new logo and color.
New irrigation project in Ethiopia to benefit 12,000 farmers
A new irrigation dam project under construction near Weybo River in Southern region of Ethiopia is said will enable 12,000 farmers to conduct irrigation farming on 3,429 hectares of land.
“We shouldn’t allow Tigray secession”, says Ethiopia PM
Prime Minister of Ethiopia Abiy Ahmed said his party shouldn’t allow secession of Tigray.
Ethiopia ruling party introduces presidential system
The ruling party in Ethiopia, Prosperity Party, on Saturday approved a new program (rule of engagement that governs the party) and introduced a presidential system.
Ethiopia ruling party inaugural assembly opens
Ethiopia’s ruling party, Prosperity Party, which came to power wining the last June general election today held its inaugural general assembly.
Ethiopia electric generates about 9 billion Birr revenue
Ethiopia Electric Utility (EEU), the state agency engaged in selling electric energy, has generated 8.96 billion Birr revenue during the first six months of the current budget year of Ethiopia started August…
Slovenia eyes strengthening investment relation with Ethiopia
Ambassador Tomaz Kun Stelj, Slovenia’s Ambassador in Rome met with Ethiopian Ambassador in Italy, Ambassador Demitu Hambisa and expressed his country’s interest to invest to strengthen ties through investment.
Ethiopia – Israel parliamentarians to support war affected
Ethiopia – Israel Parliamentary Friendship Association held a roundtable discussion on Wednesday in the Israeli Parliament (Knesset) to consult ways of raising funds to support affected people in Ethiopia.
IOM, US deliver assistance for Ethiopians in Amhara, Afar
The United States handed over 250 metric tons of humanitarian assistance to the International Organization for Migration (IOM) Office in Ethiopia.
Ethiopian Airlines, Air Djibouti to expedite goods transportation
Ethiopian Airlines signed a strategic partnership agreement to jointly commence sea-air multimodal transportation with International Djibouti Industrial Park Operation (IDIPO) and Air Djibouti for an expeditious transportation of goods to Africa.
ROCKSTONE Real Estate wins Africa sustainable residential development award
ROCKSTONE Real Estate, prime German real estate developer currently building KEFITA high-rise in Addis Ababa, Ethiopia, wins “Best of Africa” award as “Best Sustainable Residential Development” in 2021 for its KEFITA high-rise.