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Aug 31 , 2019

BOOKED

Book vendors around Menelik Square are lined up in their small crammed shops waiting for their clients. There may be little space for browsing, but if you are looking for an old out-of-print book, the...

Aug 31 , 2019

OUTDOOR CAFE

Right in the middle of the fashionable district of Bole, on Africa Avenue not far from the airport, an empty space was recently reclaimed as a parking lot. It is part of an employment-generating proje...

Aug 31 , 2019

Awash Winery Propels Its New Brand of Cocktails

Awash Wine S.C. has announced it's newest wine cocktail named Dankira. Dankira, which is available in strawberry margarita and peach vodka flavours, is a wine cocktail with 6pc alcohol made from a ble...

Aug 31 , 2019

US Donates $17.8m worth of wheat

The United States Department of Agriculture announced that it is donating 17.8 million dollars worth of wheat to Techno Serve Ethiopia, a non profit organisation, on August 29, 2019. Technoserve wi...

Aug 31 , 2019

Amhara Region Gets Depot Station

Worku Petroleum opened a new gas station and a fuel depot in Dejen town of the Amhara Regional State at a cost of 24 million Br. The new fuel depot has the capacity to store 1.1 million litres of fuel...

Aug 31 , 2019

Bahir Dar Gets New Pipe Factory

Edge pipe manufacturing factory was built at a cost of 244 million Br and was inaugurated on August 30, 2019. The factory rests on 4.7ha of land and is located in Bahir Dar, Amhara Regional State. ...

Aug 31 , 2019

Diaspora Trust Fund Receives Tax-Exempt Status

The Ethiopian Diaspora Trust Fund (EDTF) has received tax-exempt status from Internal Revenue Service as a non-profit charity organisation, effective September 27, 2018. EDTF can apply for governme...

Aug 31 , 2019

PPP to Supply Renewable Energy for Industrial Parks

Ethiopia in partnership with the private sector is working to supply renewable energy for agro-processing industrial parks at a cost of 1.8 billion dollars. Ethiopia opened up its energy sector to...

Aug 31 , 2019

GERD gets 970m Br

The construction of the Grand Ethiopian Renaissance Dam (GERD) received 970 million Br in funding from the public in the recently ended fiscal year. Launched by former Prime Minister Meles Zenawi,...

Aug 31 , 2019

Ethiopia earns $318m from Horticulture Exports

Ethiopia has earned 318 million dollars from the export of flowers and other horticulture products in the just concluded fiscal year. The nation generated 261 million dollars form the export of flower...

Aug 24 , 2019

HUMANITARIAN DAY

Aeneas Chuma (left), UN resident and humanitarian coordinator, and Zeynu Jemal (centre), state minister of Peace, attend a reception celebrating the 2019 Humanitarian Day at Capital Hotel in Addis Abe...

Aug 24 , 2019

CHICKEN, ANYONE?

The first sixteen days of the Ethiopian month of Nehase (August), is a fasting time similar to lent. Devout Orthodox Christians avoid meat and dairy products for the duration of the fast. This enterpr...

Aug 24 , 2019

OVERLOADED

Waste is a big business nowadays. This pickup truck is overflowing with recyclable waste that has been sorted from garbage collected from residences and businesses in the Gerji area. It is headed for...

Aug 24 , 2019

Dashen Buys National Cement’s Debt

Dashen Bank S.C., one of the private commercial banks, bought a 1.2 billion Br loan that National Cement took from the state policy bank, Development Bank of Ethiopia (DBE). National Cement, a subs...

Aug 24 , 2019

Qatar to Build Kidney Hospital

The Qatar Fund for Development (QFFD) has pledged to build a kidney treatment hospital in Ethiopia. QFFD will build the hospital based on the agreement that was previously reached between the leade...

Aug 24 , 2019

Afar Gets Iodized Salt Plant

An iodized salt plant built by Ethiopian and Turkish investors for 14.7 million dollars was inaugurated in Semera, Afar Regional State on August 19, 2019. About 66pc of the construction cost of the...


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