Local Firm Secures Aviation Facilitation License


The Ethiopian Civil Aviation Authority awarded Kirmson PLC new business aviation licenses, which enable the company to provide flight facilitation and fuel support systems. With its new license, Krimson will…


Commission Launches Investment Guide

The Ethiopian Investment Commission launched its iGuide, an online guide for investors. The guide was developed in collaboration UN-ECA and the United Nations Conference on Trade & Development to attract…


Agency Procures Transformers for 2b Br

Ethiopian Electric Utilities has signed a procurement deal valued at two billion Birr for transformers. The utility awarded the deal to seven local companies and signed a deal with two…


EU Grants €23m for Free Trade, Health

The European Union granted a total of 23 million euros for the Ethiopian government and the African Continental Free Trade Area (AfCFTA). Back in September, the European Commission pledged to…


Association Launches City Guide

The Addis Abeba Hotel Owners & Sectoral Association launched its third hotel guide directory prepared at a cost of half a million Birr. The guide has information about 120 hotels…


Ministry Forms Office to Broaden Tax Base

The Ministry of Revenues has formed an office to control unregistered and untaxed businesses in the country. The announcement came at the launch of a tax campaign last Friday. “The…


Ethiopian to Receive Bombardier

Ethiopia Airlines is set to get a new Bombardier aircraft from Chorus Aviation Capital (CAC), an aircraft leasing company. Chorus provided Ethiopian with two Bombardier aircraft a year ago. “We…


FOTO FEST

Visitors to the annual Addis Foto Fest, held for the fifth time at the Sheraton Addis, are admiring the exhibition. The four-day event that started on December 6, 2018, attracted…


PEDESTRIAN, VEHICLE HAZARD

A common occurrence in the city. This crowded street running from Qera Gebriel to Mebrat Hail has been dug up between the pedestrian walkway and the asphalt road causing pedestrian…


VOLUNTEER DAY

Firehiwot Worku, secretary general of the Ethiopian Red Cross Society, Abera Tola, board director of the Society and President Sahlework Zewde and an unidentified blood donor are photographed on December…


US Agency Elects Ethiopia for Grants

The United States government’s Millennium Challenge Corporation, an agency that gives time-limited grants and assistance to developing countries, has chosen Ethiopia as one of the eligible countries. The agency, which…


AfDB Commits $15m for Agro-Industry

The African Development Bank and Ministry of Finance signed a 15-million-dollar grant agreement aimed at financing agro-industrial activities. The project will be implemented through the integrated Agro-Industrial Parks Support Project.…


Electricity Export Generates $28.4m

Ethiopian Electric Power earned 28.4 million dollars in the last five months from electric power exports. The corporation earned 61.5pc of the revenues from Djibouti and the remaining from Sudan.…


UNIDO Paves Chemical Industry Roadmap

A roadmap for the chemical industry has been launched with funding from the United Nations Industrial Development Organization. The organization granted 400,000 dollars to draft the roadmap, which took one…


Meta Abo Gets New Manager

Meta Abo Brewery, a Diageo company, announced the appointment of Stephen Nirenstein as its new managing director of Ethiopia, replacing Baker Magunda, who moved to Guinness in Nigeria. Nirenstein has…


Japan Pledges for School, Hospital

The government of Japan has pledged 452,000 dollars for the construction of schools and equipment for medical emergency centres. The projects will benefit weredasin Southern Nations, Nationalities & Peoples’ and…


Ethiopian Welcomes 10th Airbus

Ethiopian Airlines has taken delivery of its 10th Airbus A350, a wide-body jetliner, at a ceremony held at the Ethiopian Group headquarters. The ceremony was attended by  CEO of Ethiopian…


In the Making

Cardstocks used for covering are laid on the ground for drying after being glued together. A small business is producing these amateurish paper products in Arat Kilo. After the different…


FOR PALESTINE

The United Nations-organised International Day for Solidarity with the Palestinian People was held on November 30, 2018, at the Economic Commission for Africa. There was a flag raising ceremony as…


PACKED TRUCK

Addis Abeba City Police, near the CMC residential complex, across from Tsehay Real Estate’s Poli Lotus complex, pack the bed of a pickup truck. This is despite the city’s traffic…


Ethiopian Aviation Guru Becomes Secretary General of AFCAC

Aviation guru Tefera Mekonnen has been elected as the Secretary General of the African Civil Aviation Commission (AFCAC). Four candidates were shortlisted for the position for the post. Tefera comes…


Police Details Alem Suspected of Money Laundering, Contraband

Judges at the First Instance Court Arada Division granted police a 14-day custody in the investigation of Alem Tefera, a well-known businessman suspected of money laundering, contraband and tax evasion.…


Enat, TDP to Back SMEs

Enat Bank, one of the youngest banks in Ethiopia, and the Trade & Development Bank (TDB) have reached an agreement to support export-oriented Small & Micro Enterprises run by women.…


WB Pledges $100m for Climate Resilience

Development Ethiopia and the World Bank signed a 100-million-dollar financing agreement aimed at protecting natural resources and promoting livelihood areas. The project will be implemented through the Resilient Landscapes &…


Adama Receives Satellite Monitoring Station

The Space Technology Institute at Adama Science & Technology University inaugurated a new satellite monitoring station built with 100,000 dollars, according to the Institute. The station is expected to monitor…




Editorial

With a reformist administration in charge of the executive, there has b...


Agenda

The new electricity tariffs that became effective on December 1, 2018,...


Fineline

Who it is that midwifed the rapprochement between E...


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Commentary

Ethiopia’s economy is at a crossroads. The same old advice will not s...


Viewpoint

A recent photo between Prime Minister Abiy Ahmed (PhD) and George Soros...


Opinion

The future is bleak. Millennials and younger generations who will inher...


View From Arada

There is heated debate on the propriety, decency and morality of breast...




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