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Mar 14 , 2021

Coffee Train

Tomoca Coffee has opened another outlet inside the La Gare Train Station and is converting an old train car into a café. Open in 1917, the train station is one of the attractions of the city. It will...

Mar 14 , 2021

Water Transport

On the outskirts of Meqelle, capital of Tigray Regional State, a shortage of water has led to citizens needing to transport water in plastic containers for long distances. A woman is carrying one on h...

Mar 14 , 2021

Street Chase

A game of cats and mice takes place between street vendors and law enforcers nearly everywhere in Addis Abeba. The vendors here are carrying their merchandise in sacks after packing them in a hurry to...

Mar 13 , 2021

Dozen Firms Queue Up to Join Mobile Banking

Over a dozen private companies applied for licenses to operate digital financial services, including mobile money, from the National Bank of Ethiopia (NBE). Two companies are applying for a digital fi...

Mar 13 , 2021

Ghanaian Pharma Firm to Join Market

Haltons Limited, a subsidiary of the Ghanian pharmaceutical firm mPharma, franchised with Belayab Pharmaceuticals Plc to make Ethiopia the eighth market in Sub-Saharan Africa where mPharma has a prese...

Mar 13 , 2021

Premier Inaugurates Yirgalem Agro-Park

Four of the 11 production sites at Yirgalem Integrated Agro-Industrial Park, in Sidama Regional State, were inaugurated with the presence of Prime Minister Abiy Ahmed (PhD) and former Prime Minister H...

Mar 13 , 2021

Japan Inaugurates School Facilities in Afar

Japan inaugurated a school-block construction project for Awash Primary School in Sebat Kilo Town, Afar Regional State, built for 89,280 dollars. The project includes two new blocks at the primary sch...

Mar 13 , 2021

WB Bestows $137m Grant

The Ministry of Finance and the World Bank (WB) inked a 137.4-million-dollar grant agreement with the aim of mitigating the effects of the Novel Coronavirus (COVID-19) pandemic in the country. The fun...

Mar 13 , 2021

Raxio Kicks Off Data Centre Construction

The Raxio Group, a pan-African data centre developer and operator, launched the construction of its Tier III carrier-neutral colocation data centre at the Addis Abeba ICT Park. The data centre is expe...

Mar 13 , 2021

Eth-Switch Secures $2.3m to Diversify Digital Services

Eth-Switch, the company owned by a consortium of all banks including the National Bank of Ethiopia, which operates the national payment switch, received a 2.3-million-dollar grant from the African Dev...

Mar 13 , 2021

Debub Global Bank Buys Six Housing Units

Debub Global Bank bought six commercial housing units from the Addis Abeba Housing Development Corporation for close to 93.5 million Br. The units are sited in Bole Ayat, Bole Bulbula, and Ihil Nigd a...

Mar 6 , 2021

LOVE TO READ

Dressed in yellow, children from the kids' TV channel Ye Ethiopia Lijoch stand for photos during the inauguration of Prime Minister Abiy Ahmed's (PhD) new book Ye'medemer Menged on March 6, 2021, at U...

Mar 6 , 2021

INFRASTRUCTURE FAIL

Lack of infrastructure is one of the most frequent complaints of businesses attempting to operate in Ethiopia, not to mention people living in it. But what little infrastructure there is can be dilapi...

Mar 6 , 2021

SHERATON SHOP

The sign points the way to the Sheraton Addis Hotel on Taytu Street. But it is also being used as support for the plastic sheet being used to serve as shade for a makeshift coffee shop. It almost look...

Mar 6 , 2021

Ministry Raises Jet Fuel Retail Price

The Ministry of Trade & Industry has revised the retail price of jet fuel by 3.53 Br a litre to 38.65 Br effective from March 6, 2021. The price was also revised on January 1, 2021 and has show...

Mar 6 , 2021

Commission to Aid 10,000 SMEs

The Jobs Creation Commission has set up a rescue fund to aid 10,000 selected small and medium enterprises across the country. The 4.5-million-dollar fund came from the United Nations Development Progr...


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

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