Content: Radar

A traffic accident that occurred after midnight last Thursday in front of Bambis Supermarket removed sections of the rail tracks fencing. The rate of traffic accidents is high in Ethiopia with 16,000 fatalities over the last three weeks and 50,000 injuries. The Federal Transport Agency finds that drivers’ negligence causes over 60pc of the accidents.

Demeke Mekonnen, deputy Prime Minister of Ethiopia, awarded a 100 Br bill to one of the traditional dancers at The Federal Urban Job Creation & Food Security Agency’s ceremony. The event was held to recognise achievements of owners of small & medium-sized enterprises (SMEs). Demeke’s gesture is a typical and traditional way of acknowledging a […]

Microphones and audio recorders are strayed on and around a speaker at the 32nd Extraordinary Summit of IGAD at Sheraton Addis in an attempt to get a clearer sound. They belong to the local and international media outlets invited to cover a Summit which had reaching a peace agreement between the opposing factions of the […]

Through its French Agency for Development (AFD), France has pledged 18 million Euros to the government of Ethiopia for urban and geothermal development programs. Admasu Nebebe, state minister of Finance & Economic Cooperation (MoFEC); Frederic Bontems, French Ambassador to Ethiopia; and Ignace Monkam-Daverat, AFD Regional Manager in Addis Abeba signed the agreement. A total of […]

An Italian firm, Studio Pietrangeli Consulting Engineers, was awarded a contract to conduct a reconnaissance, feasibility studies and to prepare the design for Dabus Hydropower Project in Benishangul Gumuz Regional State and is expected to generate 326MW of electric power. Pietrangeli secured the contract for 1.12 million Euros and an additional 3.4 million Br to […]

The Ethiopian Employers’ Confederation (EEC) has finally registered and secured its license from the Ministry of Labour & Social Affairs (MoLSA). The Confederation, representing five federations under its umbrella including Ethiopian Hotel & Hospitality Services’ Federation, Ethiopian Micro Small & Medium Enterprise Federation, Addis Abeba City Employers Federation, Ethiopian Cities Water & Sewerage Services’ Federation […]

Ethiopian Steel Plc launches a new product, Dumuzas, a roofing sheet product coated with aluminium zinc. The product is heat resistant, has cut-edge protection, double coated and rust resistance. Established in 1997, Ethiopian Steel is a member of Safal Group, a company which operates in 12 African countries including Ethiopia. The group produces house plain […]

The licenses of 80 food product importers were suspended by the Food, Medicines, Healthcare Administration & Control Authority (FMHACA) for alleged violation of importing and distributing products deemed detrimental to the public health. The Authority conducted unannounced inspections of various marketplaces and carried out quality tests on foodstuffs stacked on grocery shelves. During the inspections, […]

St. George Football Club is to start selling shares to its fans via Fairfax Africa Fund, a consultancy firm that facilitates business deals between investors and foreign companies, as well as conducting feasibility studies for construction projects. The Club will start offering shares in the company starting in two weeks and expects to raise 300 […]

The government of Italy extended 945 million Br to support the inclusive and sustainable development of agricultural value chain projects that contribute to agro-industrial developments. The agreement was signed on June 21, 2018, by Admasu Nebebe, State Minister of Finance & Economic Cooperation (MoFEC), and Arturo Luzzi, Ambassador for the Republic of Italy in Ethiopia. […]

Ethiopia has welcomed the positive gestures by Eritrea’s President Issayas Afeworqi’s who announced that he will send envoys to Addis Abeba.  This announcement has ushered in the first steps on the road to peace between the two countries. In his televised address to the Eritrean people on Martyrs’ Day, Issayas announced his government’s decision to […]

These electric poles in front of Edna Mall on Cameroon Street are used as a support for the kiosk stand and as a working spot for the shoe shiners. The pole is also used to hang equipment necessary to shine a shoe. With large cables hanging around it, the poles likewise serve their primary purpose: […]

This man who delivers soft drinks and alcoholic beverage to nearby shops and liquor stores around Kebena has a cart much like the ones used around the city, at least at first glance. This cart however, has been upgraded with a side mirror on the front, allowing him to anticipate oncoming traffic without having to […]

Seleshi Bekele (PhD), third from the right, minister of Water Irrigation & Electricity, attended the 9th National Joint WASH-WRM Multi Stakeholder Forum (MSF-9), which was held at Hilton Hotel on June 12, 2018. The two-day Forum had the theme “Resourcing and Increasing Commitments to One WASH and WRM programs,” and had over 300 participants.

Ministry of Labour & Social Affairs (MoLSA) suspends two private employment agencies, Al Tayar and Al Lodi, alleging them for trespassing rules set for private employment agencies. Al Tayar allegedly recruited and assigned workers while the contractual deal was not closed yet and for working as a travel agent. The Ministry also revoked the license […]

The Lideta District is to get headquarters building for close to 410 million Br. Eleven local grade one construction companies showed interest in the bid, which preliminary evaluation stage was made on June 13, 2018, according to Atinafu Abebe, acting director at Addis Abeba Public Procurement & Property Disposal Agency. The Addis Abeba Construction Bureau, […]

Ethiopia has been selected as one of the destinations for sustainable Foreign Direct Investment (FDI) from African countries, according to the annual UN report. Ethiopia has won the fifth tier with 3.2 billion dollar share from all FDIs that were injected in African countries such as Angola, Egypt, Nigeria and Ghana. With the current status, […]

Ukraine is going to start issuing a visa in Addis Abeba beginning July 16, 2018. For the service, Ukraine has set up an office in Morning Star Mall, off Cameroon St. The visa centre in Addis Abeba, which will be operated by VF Worldwide Holding Ltd, will grant a visa to nationals of Ethiopia, Djibouti, […]

Ethiopian professionals working in the hospitality and tourism sector have formed the Ethiopian Tourism & Culture Induction Society, with the main aim of transforming the industry. The Society’s target is assisting the tourism in research-based facts, educational and media follow up strategies as well as safeguarding the theft of heritages and better mindsets about the […]

Korean International Cooperation Agency (KOICA) and Amhara Regional State Agriculture Bureau have signed a five-year integrated development program to be implemented in six kebeles. The agreement was signed on June 12, 2018, between Young-ah Doh, country director of KOICA and Aytenew Endasha, deputy head of the region’s agriculture bureau. KOICA will undertake the integrated development program […]

Ethiopian Airlines set to launch a new flight to Barcelona, Spain as of July 1, 2018, with its B787–800 Dreamliner. Barcelona, the capital and largest city of Catalonia and the second most populous municipality of Spain, will be the Airline’s 13th city in their European network. It will also be the second destination of the […]

Abadulla Gemeda (left), chief national security advisor to the Prime Minister who retired last week, Arkebe Eikubay (PhD) (centre), special advisor to the prime minister, and Tewolde G/Mariam, CEO of Ethiopian Airlines, were at a ceremony last week at Bole International Airport. The occasion was the delivery of Ethiopian’s 100th Boeing aircraft. This was in […]

A shoeshine boy is tending to his customer. To his right are businesses that he also engages in. It is not just selling mobile credit cards but also knick-knacks and jewellery. He has also an artwork, made up of colourful brushes and compact disks, which is up for sale.

Bogale Feleke (left), state minister of Industry, and Ambachew Mekonnen (Phd) (centre), minster of Industry, attended the tenth edition of the All Africa Leather fair at the Millenium Hall in Bole District. The Fair opened on June eight and will last until today. Leather companies from different countries showcased their products at the event which […]

Ethiopia has pocketed 2.35 billion dollars from export of goods in the past 10 months of the current fiscal year against a target of 3.66 billion dollars. Compared to the same period last fiscal year, – there is a 64.5 million dollar increase. The agricultural sector secured 1.79 billion dollars, while the manufacturing sector’s share […]