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Ethiopia Cries

Ethiopia Cries

Heartbroken by the slaughter of her neighbours, a woman from Cherkos seen in a deep sorrow.   The day of rage and sadness; here police seen while trying to capture…


Shock, Grief and Rage in Addis Abeba

The news of the brutal murder of 30 Ethiopians (possibly including Eritreans) by militants of Islamic State (IS) on the shores of Libya has sent an utter shockwave in Addis…


Kefi Minerals to Mine Silver, Gold in Oromia with $151.6m Investment over 20 Years

Tolosa Shagi, minister of Mines, greeted members of the media on Monday, April 13, 2015, a few minutes before he signed a gold development agreement with Kefi Minerals, a UK…


MPs Mull over Request for Eight Billion Birr Supplementary Budget

Government, after announcing a salary increase to all civil servants in the country in 2014, without having clear budgetary provision and assessed demand from the regional governments, has now come…


Roads Authority Projects in Excess of Six Billion Br

The Ethiopian Roads Authority (ERA) on April 14, 2015 signed three road project contracts worth 6.2 billion Br, which will be fully covered by the Ethiopian government’s budget. The three…


ASB Hotel Appeased by Addis Abeba City Administration in Encroachment Conflict

Property trespass conflict between the ASB Hotel Properties Plc, which is developing a hotel at the junction of the Jomo Kenyata Street and Africa Avenue, and China Railway Engineering Corporation…


Cucina Trading to Open Franchised Restaurants with 30m Br Capital

A second group of franchised restaurants in Ethiopia will be established following an agreement signed between Spur Corporations, an internationally branded restaurant franchisor and a newly established Ethiopian company, Cucina…


Kifiya, Netherlands’ Gov’t Develop Micro Insurance Service at 2.1m Euros

Kifiya Financial Technology Plc, in public partnership with the Government of the Netherlands, is developing a Geodata driven risk-mitigation micro insurance service at a cost of 2.1 million euros. The…


Awash is one of the seven members of the Premium Switch Solution (PSS), which integrates the services of seven banks.

Awash International Bank S.C. (AIB) started technical evaluation of bidders’ offers for the supply of 150 Automated Teller Machines (ATMs) and 1,000 Point of Sale (PoS) terminals. This is a…


East African Bottling Constructing 420m Birr Plant in Bahir Dar

East African Bottling S.C (EABSC) started the construction of a 420-million Br plant two weeks ago in Bahir Dar, in the Amhara Regional State. The plant, constructed on a 30ha…


Editorial

These are trying times for Ethiopia, with tragedies befallen on many Et...


Agenda

On Wednesday, FORTUNE STAFF WRITER, DAWIT ENDESHAW joined throngs of mo...


Fineline

If there is such a thing as a perfect storm, last w...


Commentary

China’s economy is faced with huge debt-induced distortions and seeks...


Viewpoint

There is something paradoxical about the development of infrastructure...


Opinion

A blip of my phone awakened me from the deep thoughts I was into. It wa...


Capital Insight

The recent anti-corruption crackdown surprised both citizens and analys...


View From Arada

The brutal killing of Ethiopians by Islamic State (IS) militants is sho...


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