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May 8 , 2021

PM Inaugurates Modjo-Batu Expressway

A 6.3 billion Br road project connecting Modjo with Batu, also known as Ziway, was inaugurated late last week during a ceremony attended by Prime Minister Abiy Ahmed (PhD). Costing 68.4 million Br...

May 8 , 2021

EthioChicken Opens Dedicated Poultry Laboratory

EthioChicken, one of the biggest poultry producers in Ethiopia with five farms across the country, has launched the first dedicated poultry laboratory in the country. Located in Bole District around B...

May 8 , 2021

DP World Pledges to Invest $1b in Decade

DP World pledges to invest one billion dollars in the next decade to develop the supply chain infrastructure along the Berbera corridor. This will include dry ports, silos, warehouses, container yards...

Apr 30 , 2021

Central Bank Approves Ethio-Re CEO Nomination

The National Bank of Ethiopia (NBE) approved the appointment of Dawit Gebreamanuel on April 29, 2021, as the president of Ethiopian Reinsurance (Ethio-Re), the first reinsurance company in Ethiopia. ...

Apr 30 , 2021

CBE Reveals Encouraging Nine-Month Performance

The Commercial Bank of Ethiopia (CBE) announced last week that it had an inflow of around 2.4 billion dollars over the first three quarters of the current fiscal year. While the vast majority of this...

Apr 30 , 2021

Africa Development Fund Pledges $31m to Combat Stunting

Forty woredas in the Amhara and Tigray regional states are set to benefit from a 31.2-million-dollar grant from the African Development Fund aimed at reducing malnutrition and ending child stunting. ...

Apr 30 , 2021

Qatari Biscuit Factory Seeking to Invest in Ethiopia

Al Mondial, one of the leading producers of biscuits in Qatar, is looking for business opportunities in Ethiopia. Last week, the management of the company discussed possible investment opportunities i...

Apr 30 , 2021

Swiss Foundation Launches Business Network

The Global Alliance for Improved Nutrition (GAIN) launched a business network aimed at developing the availability and affordability of nutritious foods in Ethiopia last week. The Scaling Up Nutrit...

Apr 30 , 2021

IOHK, Ethiopia Partner to Revamp Education System

Input-Output Hong Kong (IOHK) has partnered with the Ethiopian government for the use of blockchain technology in the education sector. The technology is expected to enhance the educational experience...

Apr 30 , 2021

Japan Donates 60m Br to Vaccination Efforts

Last week, the Japanese government provided an emergency grant of 1.45 million dollars for the procurement of cold chain equipment (CCE) needed for the delivery, transport and storage of COVID-19 vacc...

Apr 30 , 2021

REGION EXPO

Aisha Mohamed (left), minister of Urban Development & Construction, and Adanech Abiebie, deputy mayor of Addis Abeba, admire coffee products at a stand for an exhibition and bazaar for micro and s...

Apr 30 , 2021

Ethiopian Airbus Arrives at Domodedovo

Ethiopian Airlines' A350 aircraft first flight to Russia was met at Moscow Domodedovo Airport, the only airport in the country that serves this type of aircraft on a regular basis. Located 42 kilometr...

Apr 30 , 2021

MASKS EVERYWHERE

Face masks are these days sold by street vendors, in supermarkets, kiosks and pharmacies. They have become ubiquitous in Addis Abeba. This taxi takes it one step further and does not even unload it fr...

Apr 30 , 2021

MULTI-PURPOSE FIELD

The holiday season means festivities with sheep, oxen and chicken consumed after they have been slaughtered, usually during family gatherings. These oxen are awaiting their fate, tied to a metal goal...

Apr 24 , 2021

International Charity Pledges $1m for Education in Tigray

A global fund dedicated to education in emergencies has donated one million dollars to benefit out-of-school children in Tigray Regional State, where an estimated 1.4 million students have been withou...

Apr 24 , 2021

Abyssinia Hires Path Solution to Boost Interest-Free Banking Services

The Bank of Abyssinia (BoA) has taken a step towards improving its interest-free banking services by signing a partnership with Path Solutions, a software solution provider for Islamic banks and finan...


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

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