Built in Debre Birhan Industry Park in Amhara region of Ethiopia and owned by the French Boortmalt, a subsidiary of…
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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 reported annual…
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Africa continental trade goes operational today
Signed by 54 African countries, African Continental Free Trade Area (AfCFTA), the largest common market in the world with over…
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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 Area.
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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 cases.
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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 a zero…
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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 banks in…
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Ethiopia electoral board chooses voting dates
National Electoral Board of Ethiopia (NEBE) chosen June 5, 2021 and June 12, 2021 to be voting dates for the…
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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 in Ethiopia,…
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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.
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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 of 1.79…
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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 out Zemen…
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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 the requirement…
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Ethiopia launches second satellite to space
Ethiopia has launched its second satellite, ET Smart RSS2, to space, which will send high quality pictures that helps Ethiopian…
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