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Oct 3 , 2020

MAKESHIFT OBSTRUCTION

This train station for the Addis Abeba Light Rail in Saris does not take chances with the movement of pedestrians. It uses a traffic sign depicting a weight limit for vehicles to block pedestrians fro...

Oct 3 , 2020

Three Banks Raise 70m Br for Dine for Nation

Awash, Dashen and Abay banks have purchased tickets worth 70 million Br to attend a gala dinner Prime Minister Abiy Ahmed (PhD) will be hosting to raise funds for the redevelopment of tourist destinat...

Oct 3 , 2020

Ethiopian, Boeing Deliver Humanitarian Supplies

Ethiopian Airlines and Boeing delivered their 40th humanitarian delivery with the new 787 Dreamliner. Totalling 200,000 pounds, the supplies include face masks, sterile gloves to examine bassinets, ta...

Oct 3 , 2020

BGI Launches Alcohol-Free Drink

BGI Ethiopia, the largest brewery in the country, introduced its first alcohol-free beverage, Senqe, last week. The new alcohol-free beverage, which is composed of caramel malt, vanilla and coffee, fo...

Oct 3 , 2020

Habesha Beer, Bunna Sport Club Renew Contract

Habesha Beer S.C. has inked a 28.25-million-Br one-year sponsorship agreement with Bunna Sport Club as of last week. The brewer has been in partnership with the Club for the last eight years. Habes...

Oct 3 , 2020

Germany Extends €100m Euro Budgetary Support

Germany has provided a 100-million-euro grant to support the Ethiopian government's budget to buffer the implementation of the national Novel Coronavirus (COIVD-19) multi-sectoral preparedness and res...

Oct 3 , 2020

Despite Aid Cut, US Backs Ethiopia's Defense

The United States Department of Defense has handed over 2.9 million dollars worth of equipment and training to the Ethiopian National Defense Force to assist the country's efforts to defend against th...

Oct 3 , 2020

WB Approves $400m for Productive Safety Net, Jobs

The board of executives of the World Bank Group have green-lighted a 400-million-dollar grant to the government of Ethiopia for the Urban Productive Safety Net and jobs projects. Of the total grant, ...

Oct 3 , 2020

Central Bank Limits Groups' Cash Holding to 1.5m Br

The National Bank of Ethiopia (NBE) has outlawed holding over 1.5 million Br worth of banknotes jointly, which will now lead to confiscation. It previously banned individuals from holding cash over th...

Sep 27 , 2020

BOOKS ON WHEELS

Stubbornly, the book vending business remains vibrant in Addis Abeba, especially for a market of second-hand paperbacks. But books being weighty, they have inspired a creative means of moving them aro...

Sep 27 , 2020

'EXCELLENT' COFFEE

Nigusse Gemeda, coffee farmer, takes a bow after receiving an almost six million Birr prize from Oumer Hussein, Agriculture minister, at the Cup of Excellence competition on September 24, 2020. The ev...

Sep 27 , 2020

CAMEL'S MILK IN BOTTLES

On the road between the regional capital of Semera and the town of Asayita, in Afar Regional State, a man approaches vendors to buy camel's milk, which is popular in pastoral communities. Selling them...

Sep 27 , 2020

National Bank Relaxes Currency Changeover Rules

The National Bank of Ethiopia (NBE), the central bank, has allowed customers who want to redeem old notes worth over 100,000 Br to get service at any bank branch. The prior directive that was issued t...

Sep 27 , 2020

Central Bank Activates Loans Against Movable Collateral

The country's chief regulatory bank has finally issued the directive that enables banks to take farm products, livestock, financial instruments, intellectual property, and forest and landholding certi...

Sep 27 , 2020

Ethiopia Gets Local Angel Investors

Addis Abeba Angels Network, the first local angel investors group, has entered the scene to invest in high-risk ventures to build an ecosystem of start-ups. The Network is founded by Shem Asfaw, an...

Sep 27 , 2020

Japan Backs Secondary School in Hadiya

Japan has given a 123,153-dollar grant to Ethiopia for the construction of a secondary school in Hadiya Zone, Southern Nations, Nationalities & People's Regional State. The new school, which is...


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The recent policy decision to fully open freight forwarding to foreign capital may become...

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Customers settle into a carefully curated space of dark wood, black accents, muted green f...

Featured | May 31 , 2026 . By HELINA HADGU

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Bottled water, once a symbol of convenience and safety for most residents, has become a sm...

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Finance Minister Ahmed Shide walked into Parliament on Thursday, June 11, 2026, with the l...

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