FORTUNE+ VIDEO SPONSORED CONTENTS ADVERTORIALS FORTUNE AUDIO Fortune Careers TRADE AFRICA Election 2026 New TIME REMAINING UNTIL ETHIOPIA’S NATIONAL ELECTION 0Days 0Hours 0Minutes 0Seconds




Despite Aid Cut, US Backs Ethiopia's Defense

Oct 3 , 2020


[ssba-buttons]

The United States Department of Defense has handed over 2.9 million dollars worth of equipment and training to the Ethiopian National Defense Force to assist the country's efforts to defend against threats posed by al-Shabaab in Somalia and other terrorist organisations. The support arrives a month after the Trump administration announced that it has chopped close to 130 million dollars from funds appropriated to support Ethiopia's defence and counter-terrorism activities. The aid cut followed the outstanding issues Ethiopia has with Egypt and Sudan over the construction of the Grand Ethiopian Renaissance Dam (GERD). With the latest partnership to strengthen the capacity of the National Defense Force, the United States has donated troop transport vehicles, land cruisers, water trailers, operation centre computers, fuel trucks, cargo trucks, ambulances and night vision devices.


Radar

Addis Ababa Enterprises Tap 3.8b Br in Loans

More than 16,000 enterprises benefited from market linkages worth over 20 billion Br generated by Addis Abeba's Enterprise & Technology Development sector during the 2026-2027 fiscal year. Financing support reached nearly 8,000 enterprises, which accessed more than 3.8 billion Br in loans. Enterprises also generated six billion Birr in savings. More than 14,000 enterprises received industrial extension and technology support. The sector replicated and transferred 241 of the 295 problem...


Radar

Zambia Airways Taps Aman Wole for Growth Drive

Zambia Airways has appointed Aman Wole Gurmu as Chief Executive Officer (CEO), bringing in an Ethiopian Airlines executive with more than 19 years of experience in airline leadership, commercial strategy, sales, market development and strategic partnerships. Aman held several senior positions at Ethiopian Airlines, including Regional Director for Mainland China and Mongolia, Regional Director for France and the Maghreb, Area Manager for Zambia and Director of Sales in Addis Abeba. The Zamb...


Radar

Grade 11 Takes On 11 Vocational Programs

Grade 11 students will begin work- and practice-based vocational training in the 2026/27 academic year under a new initiative covering 11 fields. The programmes span building electrical installation, plumbing, metal technology, automotive technology, garment technology, hotel services, hair and beauty services, food preparation, software development, crop production and healthcare services. They are designed to provide practical skills and knowledge relevant to employment and career opportuni...