Korea Donates Masks to Ethiopian War Veterans

May 23 , 2020

The Embassy of the Republic of Korea in Addis Abeba has donated a total of 40,000 face masks to be delivered to 911 people, including war veterans and their families. The donations, provided by the 70th Anniversary of the Korean War Commemoration Committee of Korea, is aimed at protecting the veterans from the Novel Coronavirus (COVID-19). The Embassy, which plans to visit each of the war veterans, stated that the contribution of the veterans has been significant to the freedom of Korea and that this is part of the effort to promote their health and welfare. Hoon-min Lim, the Ambassador to Ethiopia, stated that Korea would not forget the noble sacrifices of Ethiopian war veterans. The Korean War Veterans Association, represented by Melese Tessema, the head of the Association, expressed gratitude and asked for sustained support for the veterans and their family members.


ZamZam Bank Joins Commodity Exchange Payment System

The pioneering full-fledged interest-free commercial bank, ZamZam Bank, has become the 24th financial institution to join the Ethiopian Commodity Exchange's (ECX) payment system. CEO of the Exchange Wendemagegnehu Negera signed the deal with the President of the Bank Melika Bedri last week. According to the CEO, joining the platform which has around 11,000 accounts registered and has transacted over 386 billion Br so far, will allow a reliable mechanism whereby traders can be certain that pay...


AfDB, ADF to Chart Transformation Path at Diamond Jubilee

The African Development Bank (AfDB) and the African Development Fund (ADF) are gearing up for a major joint meeting in Nairobi, Kenya, expected to draw around 4,000 participants. The event, taking place at the Kenyatta International Conference Centre in late May, will focus on "Africa's Transformation," a theme reflecting the continent's ongoing pursuit of economic and social development. "Despite progress over the years, Africa's transformation remains incomplete," said Vincent O. Nmehielle...


Big Art Sale Returns to Addis

The annual Big Art Sale returns to Addis Abeba this weekend. Over 100 artists are expected to showcase their original works and prints at the Hilton Addis. What's Out Addis in partnership with the Hilton Hotel is behind the event that showcases the works of over 100 artists. Big Art Sale has been around for the past 18 years showcasing paints and prints. According to organisers, it offers a chance to meet the artists and enjoy a variety of art forms with a dedicated Kids' Corner and food and...