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Jan 3 , 2021

GROVE PARK

Areas that used to be either closed off to the public or served as unofficial garbage dumps have recently been getting their day in the sunlight. One of those is this compound right behind Ghion Hotel...

Jan 3 , 2021

Ministry Avails Mining, Petroleum Sites

The Ministry of Mines & Petroleum announced that it has opened 22 mining and five petroleum sites for investors. It also availed laboratory, drilling and refinery services as potential investment...

Jan 3 , 2021

Diaspora Fund Commits $0.5m to Medical Relief

The Ethiopian Diaspora Trust Fund (EDTF) has committed half a million dollars to a medical relief fund that is intended to go toward alleviating the shortage of medical supplies in Ethiopia. The EDTF...

Jan 3 , 2021

ATA Adds Advisories for Farmers' Hotline

The Agricultural Transformation Agency (ATA) has incorporated new livestock and Novel Coronavirus (COVID-19) related advisory information on its farmers' hotline. The content, available in Amharic, Af...

Jan 3 , 2021

Agency Launches Data Management System

The Central Statistical Agency (CSA) has launched an Integrated Management Information System, which will provide aggregated statistical information, during an event held at Liesak Resort in Bishoftu...

Jan 3 , 2021

Gold Boosts Mining Revenues

Increasing market prices for gold, which accounts for over 90pc of mining exports, bolstered mining export revenue to 303 million dollars in the first five months of this fiscal year. The Ministry...

Jan 3 , 2021

Norwegian Agency Proffers 91m Br to Universities

The Norwegian Agency for Development Cooperation has proffered 91 million Br to Gonder, Hawassa, Jimma, Debre Markos and Addis Abeba Science & Technology universities. The grant, designated for ca...

Jan 3 , 2021

Ahadu Bank Gears Up for Service

Ahadu Bank, one of the under formation banks, held its first establishment general assembly at Ghion Hotel this past Saturday. The Bank had received permission from the central bank to begin sellin...

Jan 3 , 2021

Investments in Hospitality Get Profit Tax Lifted

The government has introduced a five-year zero profit tax policy for new investments in the hospitality sector. The decision, which was made in the hope of encouraging private sector investment in the...

Dec 26 , 2020

Another Beautification

Beautification and green projects continue in the city, especially along the sites that have been identified as prime locations for leisure. One of these is this hilly space near Sheraton Addis, where...

Dec 26 , 2020

Almost Man

Along Africa Avenue near Flamingo Restaurant is a figure dressed in yellow, wielding a paint brush, standing atop a paint store. It can easily be confused for a person. But it is a mannequin being use...

Dec 26 , 2020

Seregela's Inauguration, Finally

Adanech Abiebie (right), deputy mayor of Addis Abeba, attended the official inauguration of one of the several new taxi services that have popped up in the past few years, Seregela. Talking here to El...

Dec 26 , 2020

Parliament Delegates Task Force to Oversee Infrastructure Projects

The parliament has called for establishing a federal task force that will be mandated to oversee and regulate infrastructure projects across the country. Ahmed Shide, minister of Finance, endorsed...

Dec 26 , 2020

Toll Road Enterprise Collects 147m Br

The Ethiopian Toll Roads Enterprise, which administers the Addis Abeba-Adama and Dire Dawa-Dewele expressways, has generated 157 million Br in revenues within the first five months of the current fisc...

Dec 26 , 2020

WB Loans $100m for Women Entrepreneurs

The World Bank has provided a 100-million-dollar loan to Ethiopia to finance the Women's Entrepreneurship Development Project (WEDP). The funds will be used to provide credit and training support to m...

Dec 26 , 2020

EFFORT Gets Board of Trustees

A board of trustees for the Endowment Fund for the Rehabilitation of Tigray (EFFORT) has been established to address gaps created by the lack of leadership. The announcement was made last week, Decemb...


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