Adama Welcomes Industrial Park


Adama inaugurated a new industrial park last week that was constructed for 140 million dollars. The industrial park is expected to generate 40 million dollars in revenue a year and…


Ethiopia Secures 696m Br from Italy

Ethiopia and Italy signed a 696 million Br loan grant agreement for urban water and sewerage development. The agreement was signed by Admasu Nebebe, state minister of Finance & Economic…


Engine Maintenance Plant Breaks Ground

Ethiopian Maintenance & Engineering Services, the largest and oldest aircraft maintenance centre in Africa, has become the first on the continent in repairing the GEnx Engine. The GEnx (General Electric…


Parliament Ratifies Loan for Industrial Parks

During its first assembly, parliament ratified a 121.7-million-dollar loan agreement signed between Ethiopia and the International Development Association (IDA) for the financing of competitiveness and job creation. The loan will…


Ministry Allows Private Sector to Invest in Power

Private investors have received a green light to invest in electric power without any limitations. Seleshi Bekele (PhD), minister of Water, Irrigation & Electricity, broke the news at the opening…


Ethiopia Becomes Africa’s Ninth Wealthiest Nation

The AfrAsia Bank of Africa ranked Ethiopia the ninth wealthiest country on the continent with 60 billion dollars. South Africa, Egypt, Nigeria and Morocco lead the pack on the total…


Vaccination Center Established in Bishoftu

A livestock vaccination production plant was inaugurated in Bishoftu, Oromia Regional State. Funded by the Food & Agricultural Organization and the United Nations, the vaccination plant was completed at a…


Musical Drama for Unity

A musical drama was performed during the EPRDF’s convention in Hawassa last week. The performers were dressed in traditional outfits representing the various lingo-cultural groups in Ethiopia, complementing the convention’s…


Lunch on edge

Daily labourers sit at the edge of an unfinished building  at a construction site infornt of Bole Medehaniyalem, in the Bole District, for a lunch break. These scenes are common…


TENT END

A tent is set up for a funeral ceremony completely closing off this street in Qera. Vehicles are barred from passing through and pedestrians are forced to pass gingerly without…


Ethiopia Secures £176m Grant

Ethiopia signed a grant agreement with the United Kingdom for 176 million pounds. The agreement was signed on October 5, 2018, by Admasu Nebebe, state minister at the Ministry of…


Railway Corporation’s CEO Resigns

The board of the Ethiopian Railway Corporation has appointed Yehuwalashet Jemere as an acting CEO following the resignation of Berhanu Beshah (PhD), effective October 1, 2018. The Corporation’s board has…


Dashen Donates to Support IDPs

Dashen Bank, one of 16 private banks in Ethiopia, donated five million Birr to support internally displaced people in Ethiopia. The grant agreement was signed between Asfaw Alemu, president of…


Bale Robe Airport Goes Operational

Bale Robe Airport, located in Oromia Regional State, began services after its inauguration last week. The Ethiopian Airlines started a domestic tri-weekly service to the airport on Wednesdays, Fridays and…


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…


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…




Editorial

Political transformation is unavoidably rocky, if not delicate. It invo...


Agenda

Oil transporters are up in arms over tariffs set by the Ministry of Tra...


Fineline

The cosiness between the Ethiopian authorities and...


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Commentary

The National Bank of Ethiopia has recently made available its fourth-qu...


Viewpoint

One hundred years ago today, at the 11th hour of the 11th day of the 11...


Opinion

The Addis Abeba Transport Authority and Ride, a popular and an up-and-c...


View From Arada

The private sector is more efficient and customer-oriented than governm...






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