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Dec 5 , 2020

INNOVATIVE MOVES

Despite slowing down in recent years, the construction industry has been on an upward trajectory. Along its journey, it has found ways of dealing with challenges arising from a shortage of equipment....

Dec 5 , 2020

Local Startup Makes Strides in Global Contest

Rohobot Home Based Health Care Service Plc, a local healthcare startup, has advanced to the regional finals of the Seedstars World Competition 2020 where it will compete with two dozen other African s...

Dec 5 , 2020

Career Expo Set to be Held Virtually

The second edition of a Virtual Career Expo organised by Dereja.com, a business unit of Ethiojobs.net, is set to take place between December 8 and December 18, 2020. Dereja.com is working in tandem...

Dec 5 , 2020

Safety Net Graduates Take Life Skills, Financial Training

The Food Security & Productive Safety Net Agency has started its second round of life skills and financial literacy training for 49,000 heads of households. Trainees are part of the 201,000 benefi...

Dec 5 , 2020

ECX Records Highest Transaction

The Ethiopian Commodity Exchange (ECX) made a record high volume and value of sales on December 1, 2020, amounting 427.9 million Br. Established eight years ago, the ECX traded 293 million Br worth of...

Dec 5 , 2020

State Construction Firms Bag 770m Br in Revenues

Two state-owned construction companies under the auspices of the Public Enterprises Holding & Administration Agency generated 770.5 million Br in revenues during the first quarter of this fiscal y...

Dec 5 , 2020

Fourth Malting Firm to Commence Operations in March

The fourth malt factory in the country, Soufflet Malt Ethiopia, is set to commence operations this coming March at its plant built inside Bole Lemi Industrial Park for a total investment of 70 million...

Dec 5 , 2020

WB Commits $512.5m for Adaptive Safety Net

The World Bank's International Development Association (IDA) and the Ministry of Finance have signed an agreement for 512.5 million dollars for the implementation of the Strengthen Ethiopia's Adaptive...

Dec 5 , 2020

EU Grants €1.2m to Ease of Doing Business Programme

The Ministry of Innovation & Technology and the European Commission signed an agreement early last week for a grant of 1.2 million euros to be put toward the Ease of Doing Business Programme as pa...

Nov 29 , 2020

Sudan Takes in 120 Ethiopian Refugees an Hour

An average of more than 120 Ethiopian refugees an hour have been crossing the border of Sudan, according to the United Nations Office for the Coordination of Humanitarian Affairs (UNOCHA). At the end...

Nov 28 , 2020

GERD to Start Early Generation in June

The Grand Ethiopian Renaissance Dam (GERD) will start early generation next June, according to Seleshi Bekele (PhD), minister of Water, Irrigation & Energy. Started a decade ago, the constructi...

Nov 28 , 2020

Special Window Transacts 26,000ql of Soya Beans

The Ethiopian Commodity Exchange (ECX) has transacted 26,455ql of soya beans for agro-processors that use soya beans for industrial inputs through a special trading window that was opened in early Nov...

Nov 29 , 2020

Total Inaugurates Driving Simulator Centre

Total Ethiopia S.C. inaugurated its fuel truck driving simulator centre established for four million Birr to train truck drivers with computerised equipment to maintain the safety of the trucks and dr...

Nov 28 , 2020

State Financial Institutions Gross 3.8b Br Profit

The three state-owned financial institutions under the Public Enterprise Holding & Administration Agency have grossed 3.8 billion Br in profit during the first quarter of this fiscal year. Comm...

Nov 28 , 2020

Courts Issue Warrants against Suspects in Tigray State

Courts have issued arrest warrants against 167 individuals suspected of alleged crimes linked to the latest incident in Tigray Regional State. The courts have issued the arrest warrants, while inve...

Nov 28 , 2020

City Administration Resumes Land Services

The Addis Abeba City Administration has announced that it resumed services for land and land-related issues as of November 20, 2020. The City Administration had suspended services as of August 29, ind...


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