HUMANITARIAN DAY

Aeneas Chuma (left), UN resident and humanitarian coordinator, and Zeynu Jemal (centre), state minister of Peace, attend a reception celebrating the 2019 Humanitarian Day at Capital Hotel in Addis Abeba on August 19, 2019.


HUMANITARIAN DAY

Aeneas Chuma (left), UN resident and humanitarian coordinator, and Zeynu Jemal (centre), state minister of Peace, attend a reception celebrating the 2019 Humanitarian Day at Capital Hotel in Addis Abeba on August 19, 2019. World Humanitarian Day was inaugurated in August 2008 following the August 19, 2003, terrorist attack on the United Nations Office in Baghdad that killed 22 people. The day is dedicated to advocating for the safety and security of humanitarian aid workers, and the survival, wellbeing and dignity of people affected by crises. This year’s theme was dedicated to celebrating the strength, heart and perseverance of women.


Radar

Central Bank's Auction Sends Dollar Soaring to 135 Br

A dollar value against the Birr exceeds 135 during an auction the Central Bank held last week, offering 60 million dollars. Close to 27 banks made their bid where the weighted average was 135.61 Br for a dollar. The National Bank of Ethiopia (NBE) announced the results of the special foreign exchange auction, the second since monetary authorities floated the forex regime in early August last year. Last week's result reflects a weaker Birr than in the first when the average rate was 107.9 Br....


Radar

Ethio Telecom Bids to Dominate Ethiopia's Digital Future

An array of services from digital livestock tracking, push-to-talk/video communications to cloud-based banking, an education management system (EMS), and enterprise resource Planning (ERP) are available from the state-owned Ethio telecom. Ethio telecom has introduced seven new cloud-based digital services last week at the Skylight Hotel, on Africa Avenue (Bole Road), pledging to transform business operations, financial services, and education management. The company said that these solutions...


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Addis International Convention Centre Inaugurates

The much-anticipated Addis International Convention Centre, spanning 40 hectares, was officially inaugurated last week. It is set to become the country's largest conference venue, designed to host both national and international events. The centre features two large halls, each accommodating 3,000 to 4,000 people. It also includes eight smaller meeting rooms, bringing its total capacity to 10,000 attendees. Two hotels, with a combined 1,000-bed capacity, will serve both local and internationa...