Content: Radar

  • National Plan to Prevent Diseases Emerges

    A five-year national plan, One Health Strategic Plan, that will enable Ethiopia to prevent, control, and respond to new and known infections was launched today. A memorandum of understanding, to be implemented in partnership with the United States, was also signed with four Ministries. The signatories along with the United States were the Ministry of […]

  • Abay Bank Joins WorldRemit

    Abay Bank has become the latest private bank to join WorldRemit, a money transfer agent. The new partnership further increases WorldRemit’s footprint in the country, which has previously partnered with Commercial Bank of Ethiopia, Dashen, Nib and Awash banks. It plans to dip into the market that connects millions of Ethiopian diaspora in over 50 […]

  • CBE Launches Diaspora Mortgage Loan

    The Commercial Bank of Ethiopia has set up a mortgage loan for Ethiopians living abroad and foreigners of Ethiopian origin. The mortgage is designed for the diaspora community to be able to construct residential houses in Ethiopia. Loan seekers will have to deposit a minimum amount of 20pc of the property value in foreign currency […]

  • Foreign Ministry Undergoes Major Restructuring

    The Foreign Ministry will be undergoing a structural reform after it received a seal of approval from Prime Minister Abiy Ahmed (PhD). The Ministry’s restructuring will focus on tactical and operational tasks in the fields of investment, technology transfer and trade and tourism, according to a spokesperson at the Ministry. The Ministry undertook a study […]

  • For the Horn and Beyond

    Foreign Affairs Minister Worqneh Gebeyehu (PhD), foreground, met his counterparts, Djibouti’s Mahmoud Ali Youssouf (far left) and Eritrea’s Osman Saleh Mohammed (centre-left), last week at Ethiopia’s Mission in New York. The trio represent countries in the region that had been at odds for years but have begun improving relations in recent months. The foreign ministers […]

  • ENDA BEZU

    In the city of Adigrat, in the Tigray Regional State, where business has boomed since the reopening of the Ethio-Eritrean border, are two massive gates. Standing in the centre of town, the structure is dubbed Enda Bezu. The structure receives little attention from passersby that are residents.

  • TEST OF INNOVATIVENESS

    A participant showcases prototype aeroplane, helicopter and a heavy duty vehicle. It was part of a nationwide competition called SolveIt! by iCog Labs, in collaboration with the Humanity+ and the American Embassy. The competition was held in nine cities across Ethiopia. A winner was awarded 75,000 Br at a ceremony held in Mosaic Hotel on […]

  • STRINGENT CHECKS

    Along Africa Avenue, federal police stand guard to carry out security checks on individuals heading to Mesqel Square to celebrate Mesqel, which commemorates the finding of the True Holy Cross of Christ. At Mesqel, the Demera festivity is held, where a large pyre constructed with a cross mounted on its top is lit on fire

  • Berbera Port Construction Set to Commence

    The groundbreaking ceremony for the construction of Berbera Port is scheduled to take place on October 11, 2018. The ceremony is expected to take place with of Sultan Ahmed bin Sulayem, the group chairman and CEO of DP World in attendance. The winning company, which will undertake the construction, has not been announced. The expansion […]

  • Louvre Steps Forward with 4th Brand

    Louvre Hotels Group signed its fourth hotel management agreement in Ethiopia to convert the locally-branded Waterfall Hotel into Tulip Inn. M.S.A Oil Seeds & Cereals Exporting, the owner of the property, has invested an estimated 60 million Br to renovate the hotel rooms and facilities. Tulip Inn is expected to earn a four-star rating. Ozzie […]

  • Airport Terminal Partially Commences Service

    Ethiopian Airlines’ new passenger terminal has started providing initial services. The passenger terminal is part of an expansion project to ease congestion at Bole International Airport. The current terminal was built to accommodate five million passengers annually. The new terminal will have a capacity to accommodate 20 million passengers a year when it is fully […]

  • US Kicks Off 2020’s DV Lottery

    The United States Embassy in Addis Ababa declared the launch of the 2020 Diversity Visa Program, starting October 3, 2018 and closing November 6, 2018. Visas are awarded by random selection for up to 50,000 people a year. They grant permanent residency and citizenship in the United States. Close to one million diversty visas are […]

  • Enterprise Takes Steps to Privatise

    The executives of Ethiopian Shipping & Logistics Services Enterprise has started assessing the procedures of privatisation. The assessment is being undertaken to identify resources owned by the enterprise, cooperation areas and the number of shares to be auctioned. The enterprise is working together with the advisory council, which was set up by Prime Minister Abiy […]

  • Hyatt Hotel Eyes Addis

    Hyatt Hotels Corporation is planning to open new Hyatt-branded hotels in Addis Ababa by the end of the year. Hyatt Addis Abeba will feature 180 guestrooms and will be located in Kirkos District, less than 5.5Km away from Bole International Airport. “Strengthening our existing hotel presence in the capitals of East Africa has given Hyatt […]

  • Mobile Payment Powers Off-Grid Lighting

    Lighting Africa, a joint program between the International Financial Cooperation, World Bank and the Mobisol Group, is set to start a mobile phone-based payment system at a national level. The payment model, named pay-as-you-go, was conceived as a solution to addressing the financial struggles of users by delivering affordable electricity to off-grid communities, according to […]

  • Eritrean Refugee Influx: Report

    A stark increase in Eritrean refugees flowing into Ethiopia is taking place following the agreement between the two countries that reopened crossing points along their shared borders, according to the Emergency Response Coordination Centre. The combination of unchanged conditions inside Eritrea and open borders has led to an abrupt flow of refugees, according to the […]

  • JOURNEY CUT SHORT

    This heavy truck, carrying cement from a factory in Meqele, capital of the Tigray Regional State, tipped over. Seen here are the bags of cement strewn on the ground. Both the capital, Addis Abeba, and the country are highly affected by traffic accidents. Despite the low vehicle to person ratio in the country, thousands lose […]

  • LAUGHTER AFTER MISFORTUNE

    Two kids play on a small statue of a lion at Medhanialem Preparatory School, close to Paulos Hospital. They are some of the displaced from the town of Burayu, in Oromia Regional State, after attacks perpetrated by mobs last weekend. Over 20 people lost their lives, and more than 17,000 were displaced from their homes. […]

  • FILL OF LEFTOVER KHAT

    These goats in Mercato are taking their fill of leftover khat, a stimulant flowering plant, that has been discarded for trash. Nearby are kiosks that sell the stimulant. Khat is commonly chewed for stimulation in the Horn of Africa and the Arabian Peninsula. Khat is also one of the major export products of Ethiopia, earning […]

  • Premier Switch Launches Five-Year Strategic Plan 

    Premier Switch Solutions (PSS), a company that provides a banking technology platform for six banks, is prepared to broaden its service and accessibility in the coming five years. PSS plans to expand its service and accessibility to 60pc from its current 20pc rate in the next five years, according to Dawit Tefera, acting CEO of […]

  • Addis Joins Mega-cities Partnership

    Addis Abeba joined the Mega-Cities Partnership Program last week to analyse and control air pollution health risks. The project is designed to assist the city’s environmental bureau in making definitive conclusions on the priority emissions sources it should control. Coupling those ambient pollutant measurements with techniques to estimate the baseline health and environmental effects, as […]

  • Textiles Generate $25.3m

    Ethiopia earned 25.3 million dollars exporting textiles in the first two months of the current fiscal year. The revenue showed an eight percent increase compared to the previous year, and attained 91pc of the government’s export target for the business. Out of a dozen textile factories operating in the country, seven were able to achieve […]

  • Machine to Mow, Grind Emboch

    Two additional machines manufactured by Bahir Dar and Gondar universities are all set to mow and grind Emboch, the water hyacinth invader that has bloomed on Lake Tana. The new machines bring the total number to four, with two previous ones having been granted by Amaga Plc to remove 6,000sqm of the hyacinth from the […]

  • Region to Invest 6b Br for Dam

    Tigray Regional State is preparing to build an irrigation dam on Yekaza River for a total cost of six billion Birr. The irrigation will be used to harvest 10,000ht of land and help 30,000 farmers to harvest twice a year. “The farmers will supply inputs for the Agro-Industrial sector by using an irrigation scheme,” said […]

  • Ethiopia Tops East Africa’s Hospitality

    Ethiopia leads in hotel development in East Africa, according to the annual hotel pipeline survey by Lagos-based W Hospitality Group. Ethiopia, in third place in all of Africa, has seen a massive increase in pipeline deals with 31 hotels this year, 35.4pc increase compared to last year. Addis Abeba, with 25 new hotels and 5,000 […]