India – New Business Ethiopia

Eight companies to commence coal production in Ethiopia

December 30, 2021January 3, 2022BEHAK

The Federal Government of Ethiopia is set to issue coal production licenses for eight companies to enable the country end import of coal within one year period.

Friday’s TPLF / Egypt, EU / US drama at UN

December 20, 2021December 21, 2021BEHAK

BY ANDUALEM SISAY GESSESSE – On Friday December 17, United Nations Human Rights Council held a special session on Ethiopia. The special session was called by the European Union (EU), which about a week ago also tried to impose sanctions on the Government of Ethiopia at EU but failed to get enough vote.

Why Western, U.S. media reactivated reports on Ethiopia

October 17, 2021October 17, 2021BEHAK

Weekend reading – BY ANDUALEM SISAY GESSESSE – Over the past few days and weeks, the propaganda machines of the United States such as, CNN and the Associated Press along with the Western media outlets such as, the BBC among others, have reactivated their propaganda against the Government of Ethiopia.

Research Institute wins 2021 Africa Food Prize

September 8, 2021September 8, 2021BEHAK

The International Crops Research Institute for the Semi-Arid Tropics (ICRISAT) has been awarded the 2021 Africa Food Prize, for work that has improved food security across 13 countries in sub-Saharan Africa.

Nissan provides finance to fight against COVID-19 in India

May 31, 2021June 1, 2021BEHAK

In response to the COVID-19 crisis in India, spurred on by a second wave of cases, Nissan has contributed USD 895,000 to the Tamil Nadu State Disaster Relief Fund, over USD 34,500 to the Tamil Nadu CM Relief Fund and over USD 590,000 for COVID-19 relief equipment, masks, and PPE Kits.

Gulf Air transports urgent medical supplies to India

May 10, 2021BEHAK

Gulf Air, the national carrier of the Kingdom of Bahrain, is to support a cargo airlift of urgent medical supplies and relief items to the Republic of India to assist in their fight to control the COVID-19 situation in the country.

BlueCity Holdings Limited sued for misleading shareholders

May 7, 2021BEHAK

Shareholder rights law firm Robbins LLP announces that a purchaser of BlueCity Holdings Limited American depository shares (NASDAQ: BLCT) filed a class action complaint against the Company and its officers and directors.

U.S. provides $52 million to humanitarian operations in Tigray, Ethiopia

March 19, 2021March 19, 2021BEHAK

The United States provides an additional nearly $52 million in assistance to respond to the humanitarian crisis in Ethiopia’s Tigray region and continues its call for the withdrawal of Amhara militias from Tigray Region of Ethiopia, which has been refuted by the Government of Ethiopia as illegal interference in its internal affairs.

Ethiopia attracts half a billion dollar FDI in three months

October 20, 2020NBE

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.

Ethiopia – Emerging destination for business process outsourcing

October 9, 2020October 9, 2020NBE

By Andualem Sisay Gessesse – When he and his four friends opened an ICT company 16 years ago, the country was only suing dialup Internet connection. Today Africom Technologies PLC is one of the Information Communication Technology (ICT) companies in Ethiopia, offering various solutions and services to the government institutions and foreign companies. Africom is […]

Indian company to introduce digital national ID in Ethiopia

June 21, 2020

The Ministry of Peace of Ethiopia on Friday inked a deal with International Institute for Information Technology of India to introduce modern digital national identification card (ID).

Ethiopia pleads to G20 to rescue African economies

March 24, 2020March 24, 2020

As the leaders of the wealthiest nations begins their extraordinary summit this week, the Government of Ethiopia today appeals to the G20 to rescue African economies, which began feeling the catastrophic impacts of COVID-19 pandemic to the continent.

COVID-19 infected people in Ethiopia reaches 11

March 22, 2020March 22, 2020

The total number of people who acquired COVID-19 pandemic in Ethiopia has increased to eleven, says Ethiopian Ministry of Health.

South East Asia adviced to combat COVID-19 aggressively

March 17, 2020March 17, 2020NBE

The World Health Organization today called on Member states in South-East Asia Region to urgently scale-up aggressive measures to combat COVID-19, as confirmed cases cross 480, and the disease claims eight lives.

Ethiopian wins ‘International Air Cargo Marketer of the Year’ Award

March 2, 2020March 2, 2020NBE

Ethiopian Cargo & Logistics Services, Africa’s largest network cargo operator, has won the ‘International Air Cargo Marketer of the Year’ Award at the 2020 STAT International Award for Excellence in Air Cargo which was held from 25-27 February, 2020 in Mumbai, India.

Pompeo promises to drive U.S. investments to Ethiopia

February 19, 2020February 20, 2020NBE

The United States Secretary of State Michael R. Pompeo, who is visiting Ethiopia, promises to encourage and provide support to United States companies aspiring to invest in Ethiopia.

Sanitation lesson for Ethiopia from India

January 30, 2020January 30, 2020newbusinessethiopianews

BY MEKONNEN TESHOME TOLLERA – About a year ago a report by the African development bank rated Ethiopia among the worst country in Africa in access to sanitation even worse than its neighboring South Sudan which has been in civil war for the past several years.