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With objective of decreasing nonperforming loans of banks, the National Bank of Ethiopia is set to introduce a centralized database with credit information of all bank borrowers in the country.
Mekonnen Teshome and Tesfaye Abate – Ethiopia has long struggled with access to clean water. But the spotlight that COVID-19 has shone on the sanitation and hygiene sector in Addis Ababa, the…
The Investment Commission of Ethiopia says the country has half a billion foreign during the first quarter of the country’s current fiscal year. Compared to last year the amount declined 20 percent.
The Government of Ethiopia is preparing a recovery package that will help businesses vandalized by mobs came out to streets in many towns of Oromia region after the assassination of famous Oromo…
The Gross Domestic Product (GDP) of Ethiopia has increased last year to 3.375 surpassing $100 Billion for the first time, said Prime Minister Abiy Ahmed.
In the last three weeks Ethiopia has repatriated 993 citizens migrated illegally to Saudi Arabia, Tanzania and Djibouti, said the Ministry of Foreign Affairs of Ethiopia.
The National Bank of Ethiopia said it has distributed over 96 billion Birr (about $2.6 billion) valued new currencies notes since the country began replacing the old currency with the new ones.
Mohammed International Development Research and Organization Companies (MIDROC) Investment Group of the Ethio-Saudi tycoon Sheikh Mohammed Hussein Ali Al-Amoudi inked a partnership agreement with the Saudi-based Alkhorayef Industries Company to boost Ethiopian…
In the last three months the Federal Police of Ethiopia jailed 95 criminals suspected of tax fraud, corruption crimes and related crimes. Some were captured abroad. In collaboration with the Interpol.
With the objective of proactively engaging in Corporate Social Responsibility (CSR) activities in an organized manner, Bunna International Bank of Ethiopia said it is preparing CSR policy.
Today, Global Handwashing Day is celebrated in Ethiopia with the theme “I wash my hands properly to save lives,” which aligns with the recently launched global initiative led by WHO and UNICEF…
As the country is set to open schools as of end of October, the Ministry of Education of Ethiopia said it will distribute 50 million facemasks to schools across the country as…
The Ministry of Mines and Petroleum of Ethiopia has set a target to produce 137,000 kilograms of gold in the coming ten years attracting 500 new foreign direct investments and 1,000 local…
The World Bank today inked an agreement with the Ministry of Finance of Ethiopia to provide $400 million for the east African country for it urban programs.