land – New Business Ethiopia

Economy

Expert panel calls for fair, efficient land management

Experts attending this year’s conference on Land Policy in African have called for fair and efficient land management to support moves to transform the continent.

Hospitality

Former Nigerian president to invest in Ethiopia

Former Nigerian President Olusegun Obasanjo, secured 2,000 square meters of land in Ethiopia to join hotel and tourism business.

Politics

Ethiopians colorfully welcome Nobel Peace Laureate

December 12, 2019December 12, 2019 newbusinessethiopianews Comments Off

Ethiopians welcomed colorfully this morning the 2019 Nobel Peace prize laureate, Prime Minister Abiy Ahmed, who traveled to Oslo this week to receive his award.

Europe provides 170 million Euros to Ethiopia’s reform

December 8, 2019December 8, 2019 newbusinessethiopianews Comments Off

Historic AU building in Ethiopia gets additional plot

December 7, 2019December 9, 2019 newbusinessethiopia Comments Off

Economy

IMF to provide seven-fold finance to Ethiopia

December 11, 2019December 12, 2019 newbusinessethiopianews Comments Off

Supporting Ethiopia’s home–grown economic reform, the International Monetary Fund (IMF) has agreed with Ethiopian government at technical level to provide the latter 700% more than its quota.

Over 83% of Ethiopians suffer from multidimensional poverty

December 10, 2019December 10, 2019 newbusinessethiopianews Comments Off

French agency boss launches a book in Ethiopia

December 6, 2019December 6, 2019 newbusinessethiopia Comments Off

Finance

Abyssinia Bank makes one billion birr profit

December 9, 2019December 9, 2019 newbusinessethiopianews Comments Off

Bank of Abyssinia, one the private banks in Ethiopia, makes the biggest gross profit in the Bank’s history, 1.02 billion birr (close to $32.8 million at the current exchange rate), for the financial year concluded June 30, 2019.