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Jan 31 , 2021

LEADERSHIP GENDER PARITY

Lelise Neme, (left) head of the Ethiopian Investment Commissioner, speaks at the women's leadership programme launching event at the Sheraton Addis on January 27, 2021. Aisha Mohamed (centre), ministe...

Jan 31 , 2021

Local Firm Buys Into Data Centre

WebSprix, an Ethiopian private internet service provider, has made a significant minority investment in Wingu.Africa's Ethiopian subsidiary. WebSprix, which previously completed a data centre installa...

Jan 31 , 2021

Pre-Primary School Obtains 3.5m Br for Expansion

Dalota Pre-Primary School in Galan town, Oromia Regional State, received a 3.5-million-Br grant from the Embassy of Japan for an expansion project, with the grant signing ceremony held earlier this we...

Jan 31 , 2021

Authority Secures Road Rehabilitation Grant

The Ministry of Finance secured a 4.8-million-dollar grant from Japan to be used to procure asphalt materials by the Ethiopian Roads Authority. Japan gave the grant as part of its embassy's Economi...

Jan 31 , 2021

Japan Pledges 2.8m Br for Training

Japan granted 2.8 million Br for the expansion of a garment training centre at Selam Children's Village (SCV), a nonprofit organisation, earlier this week. The funds will go toward the construction of...

Jan 31 , 2021

Afro Bank Joins Burgeoning Industry

Afro Bank S.C., an under formation Bank, has commenced floating it shares for public subscription. The Bank is offering 750,000 shares with a par value of 1,000 Br. Potential shareholders will have...

Jan 31 , 2021

Ethiopia Improves Corruption Index Rating

Ethiopia has shown a slight improvement in the 2020 Corruption Perceptions Index (CPI), released by Transparency International last week. The country is currently ranked 94 out of 180 countries with a...

Jan 31 , 2021

Consortium Launches 82.1m Br Education Programme

The United Nations International Children's Emergency Fund (UNICEF), along with the Ministry of Education and a consortium of development and aid organisations, has launched an 82.1-million-Br program...

Jan 31 , 2021

Gonder Gears up for Electronic Trading Centre

The Ethiopian Commodity Exchange (ECX) announced that it would be opening up its fourth electronic trading centre in Gonder, Amhara Regional State. In addition to its head office in Addis Abeba, it pr...

Jan 23 , 2021

MAKESHIFT SINK NO MORE

The Novel Coronavirus (COVID-19) has not wrought the kind of damage it was expected to do to public health, but cases are nonetheless rising. By last Friday that has reached over 132,000 cases, with a...

Jan 23 , 2021

KEFITA TO 1B BR

Jian Yan Han (left), general manager of HuaHong Construction, Dietrich E. Rogge, CEO and founder of the German company Rockstone, and Lelise Neme, head of the Ethiopian Investment Commission, stand re...

Jan 23 , 2021

GEBENA PINATA

The piñata game, where a blindfolded person attempts to strike a colourful container with candy inside of it, is not confined to Mexico or the countries it was imported to. In Ethiopia, it is part of...

Jan 23 , 2021

Authority Tightens Grip on Road, Industrial Construction

The Construction Works Regulatory Authority has announced that it will be more stringent in its follow-up, particularly with regard to delays at road and industrial construction projects, stressing th...

Jan 23 , 2021

Ministry Picks 10 Universities for PhD Programme

The Ministry of Science & Higher Education picked 10 higher education institutions in the country to teach 5,000 PhD students in five years starting from this year. Dubbed the Homegrown Collaborat...

Jan 23 , 2021

Ministry Kicks off Ethiopia-Asseb Road

The 71.7Km Melodoni-Manda-Bure road project that will connect Ethiopia to Eritrea's Asseb Port was kicked off late last week. Having a total cost of two billion Birr that will be covered by the Ethiop...

Jan 23 , 2021

AU Avails COVID-19 Vaccine for $10 a Dose

The African Union (AU) and the African Export-Import Bank (Afreximbank) have announced that African nations will pay between three and 10 dollars a dose to access 270 million COVID-19 shots secured ea...


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