Career Expo Set to be Held Virtually

Dec 5 , 2020


The second edition of a Virtual Career Expo organised by Dereja.com, a business unit of Ethiojobs.net, is set to take place between December 8 and December 18, 2020. Dereja.com is working in tandem with the Jobs Creation Commission and the Mastercard Foundation to host the event, which is expected to involve around 2,000 students from seven universities. The event will take place on four separate days in four cities, namely Hawassa, Jimma, Bahir Dar and Addis Abeba. The first round of the Expo took place back in August of this year and saw the participation of over 1,000 fresh graduates and 80 employers. Candidates were allowed to meet with employers and recruiters, apply for jobs and attend development webinars. So far, 700 of the graduates that took part in the first Expo have managed to secure employment.


Radar

Parliament Nods for Cabinet Appointments

Federal legislators have approved five cabinet-level positions last week with a member of Parliament (MP) voted against and two abstentions were counted. Gedion Timotheos (PhD) leads the charge as the new minister of Foreign Affairs, filling in Taye Asqeselassie's shoes, where he stayed briefly before becoming the country's president. With law degrees from Addis Abeba and Central European universities, Gedion was previously Attorney General and Minister of Justice. Joining him in the redev...


Radar

Abyssinia Group Eyes Expansion with IFC Funding

Abyssinia Group of Industries (AGI), a leading East African steel producer, is poised for significant expansion owing to a proposed investment from the International Finance Corporation (IFC) which is considering a financing package of up to 50 million dollars, including parallel loans in local currency. Headquartered in Kenya, AGI operates two steel plants in Ethiopia, six in Kenya, and has mining activities in Uganda. AGI currently produces 660,000 metric tons of steel annually and employs...


Radar

Fitch Acknowledges Easing Financial Pressures, Enhanced Macroeconomic Stability

Fitch Ratings has upgraded Ethiopia's Long-Term Local-Currency Issuer Default Rating (LTLC IDR) to 'CCC+' from 'CCC-', citing easing financing pressures, improved macroeconomic stability, and increased confidence that local-currency obligations will not be part of the ongoing debt restructuring. This positive development comes as the government implements key reforms and secures renewed concessional external financing. The ratings agency has taken note of the introduction of a market-based ex...


Back
WhatsApp
Telegram
Email