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Aug 28 , 2021

Miners Extract 9.4tn of Gold

Almost 9.4tn of gold was extracted last year, the Ministry of Mines & Petroleum announced. The gold was sold to the National Bank of Ethiopia (NBE) and a portion was exported, helping the country...

Aug 28 , 2021

GREEN-YELLOW-RED

Merchandise with a political message has always been around in Addis Abeba's streets but there seems to be an uptick these days as this street vendor along Churchill Avenue testifies. He is carrying f...

Aug 28 , 2021

HEALTHY PILLAR

Tewedaj Eshetu, advisor at the Jobs Creation Commission, speaks at a summit, 'Healthcare: A Viable Economic Pillar,' led by Orbit Health, a digital health firm, together with the Hanns Seidel Foundati...

Aug 28 , 2021

USELESS STREET SIGN

It is not surprising to see street signs misused in Addis Abeba, which is one of the reasons that contribute to the unruly behaviour of drivers and the subsequent accidents. This stop sign is an examp...

Aug 28 , 2021

Ethiopia Needs $40b to Pursue 71 Power Projects in Decade

An estimated 40 billion dollars is needed to finance the construction of 71 power projects over the next decade, according to the Ethiopian Electric Power (EEP). The figure is more than 10 times hi...

Aug 28 , 2021

Ethio telecom Continues 4G Expansion

Ethio telecom launched its 4G LTE Advanced Network in five towns in the company's designated Central West Region last week. Residents of Ambo, Sebeta, Burayu, Holeta and Woliso now have access to a...

Aug 28 , 2021

State Utility to Undertake $20.1m Solar Project

The state-owned Ethiopian Electric Utility is undertaking a 20.1 million dollar project to provide 25 towns access to solar-powered electric grids. Funded by a loan secured from the African Develop...

Aug 28 , 2021

Year Kicks Off with $339m in Exports

Exports continue to grow, with the last month seeing a 23pc increase in comparison to the figure from last year. Close to 340 million dollars worth of goods have been exported over the first month of...

Aug 28 , 2021

Wudassie to Undertake 943m Br Expansion

Wudassie & Family Business Plc is preparing to construct two buildings on its 2,000sqm property in Piassa, just off Churchill Avenue. Expected to cost 943 million Br, the expansion will house a...

Aug 28 , 2021

Gov't Looks to Import Wheat, Sugar

The government is in the process of importing 400,000tn of wheat, aiming to ease skyrocketing inflation, which hit 26pc last month. Around 18,000tn has already arrived and the remaining wheat is expec...

Aug 28 , 2021

Trade Rep Cautions Conflict could Harm AGOA Eligibility

Ethiopia's access to trade benefits under the African Growth & Opportunity Act (AGOA) is at stake as the United States threaten to review the eligibility of the country if the ongoing conflict in...

Aug 21 , 2021

Study Puts Youth Unemployment at 23pc

A study conducted by the Central Statistics Agency (CSA) revealed that the rate of youth unemployment in urban areas sat at 23.1pc in February 2021. The Agency considers people aged between 15 and 29...

Aug 21 , 2021

STREET COWS

Cattle in Mekanisa are standing in the middle of the pavement side, scavenging for food among the trash. The animals, which are most visible during holidays as festivities take place, are constant hea...

Aug 21 , 2021

WB MOVES IN

Ousmane Dione (left), country director for Eritrea, Ethiopia, South Sudan and Sudan for the World Bank Group, shares a light moment with Tadesse Tilahun, CEO of National Oil Ethiopia (NOC) on Augu...

Aug 21 , 2021

HQ ROADBLOCK

For months now, construction of Commercial Bank of Ethiopia's (CBE) headquarters has claimed part of the two-way Ras Desta Damtew Street that runs between Ghion Hotel and Ambassador Theater. In the...

Aug 21 , 2021

Liability Corporation Inks Deal to Soak up 400b Br Debt

The newly established Liability & Asset Management Corporation has inked a deal with six state-owned enterprises to soak up 398.7 billion Br in debts belonging to five state-owned enterprises. The...


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The federal legislative house rushed through one of the country's most contentious housing...

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Addis Abeba Pours a New Story in Every Cup, Where Tradition Meets Global Influence

Customers settle into a carefully curated space of dark wood, black accents, muted green f...

Featured | May 31 , 2026 . By HELINA HADGU

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A year after federal transport authorities restricted fossil-fuelled vehicles to clear the...

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