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Aug 17 , 2019

Swedish Group Invests in Retail Shops

Swedish International Development Cooperation (SIDA) has partnered with East African Holdings Group and Wise, a nongovernmental organisation, for the construction of 200 shops at a cost of 20 million...

Aug 17 , 2019

Benshangul Kicks off Water Project for 85m Br

Benishangul Gumuz Regional State kicked off a potable water project that will benefit 30,000 people with a 85 million Br investment. The Benshangul Gumuz Water & Sewerage Authority laid the fou...

Aug 17 , 2019

Amhara Bank Offers Shares for Subscription

The currently under-formation Amhara Bank started selling shares on August 17, 2019, with an official launching ceremony that was held at Sheraton Addis Hotel. Chaired by Melaku Fenta, former direc...

Aug 10 , 2019

LEASE ETHIOPIA

Girma Wake, board chairman of Ethio Lease, Yinager Dessie, National Bank Governer, and Abebe Abebayehu, Commissioner of the Ethiopian Investment Commission, arrive at the launching of Ethio Lease at S...

Aug 10 , 2019

WATCH TOWER

An innovative parking attendant in the Stadium area has built himself a treetop watchtower to keep an eye on the cars parked in the parking lot while comfortably staying in the shade...

Aug 10 , 2019

GOT TO HAVE COFFEE

These houses on the side of the road in Qera have been demolished to make way for the lane expansion of the road. However, a young lady entrepreneur knows that no matter what is going on people still...

Aug 10 , 2019

Ethio-Lease Secures License

Ethio Lease Ethiopian Capital Goods Finance S.C, the first lease finance company in the country co-owned by non-nationals, secured a license from the National Bank of Ethiopia (NBE). Established as...

Aug 10 , 2019

MIDROC Undergoes Major Expansion

MIDROC Technology Group, a business founded by the Ethio-Saudi business tycoon Mohammed Hussein Ali Al-Amoudi (Sheik), has invested a total of 286 million Br in expanding three companies under its man...

Aug 10 , 2019

Vital Events Registration Lags Behind: Study

A study conducted on the performance of the Immigration, Nationality & Vital Events Agency has found birth, death and marriage certificates in the country are issued by churches, hospitals and mun...

Aug 10 , 2019

Commodity Transaction Hits 2.9b Br

The Ethiopian Commodity Exchange (ECX) traded 2.9 billion Br worth of commodities in July 2019. Coffee took top billing in volume and value, followed by sesame, soya beans and white pea beans. E...

Aug 10 , 2019

Ethio-Djibouti Railway Generates $20m

Ethio-Djibouti Railway has secured 20.4 million dollars in revenue from its freighter and passenger train services over the past eight months. The freighter earned revenues of 19.9 million Br, whil...

Aug 10 , 2019

Ethiopia Formulates Entrepreneurship Strategy

The Ministry of Trade & Industry, with the support of the United Nations Industrial Development Organization (UNIDO), has formulated a National Entrepreneurship Strategy. The Strategy aims to d...

Aug 10 , 2019

Industry Parks Generate $142m

The eight operational industrial parks in the country generated 142 million dollars from exports in the just-ended fiscal year, showing a 50pc increase from the preceding year. The manufacturing se...

Aug 10 , 2019

Corporation Moves Laboratory

Ethiopian Mineral, Petroleum, & Biofuel Corporation inaugurated its Central Mineral Analysis Laboratory & Gemstone Workshop, which taste and analyse mineral samples. The Corporation tasked...

Aug 3 , 2019

OUTDOOR CAFE

This open air cafe located next to the railway power station in Mexico Square serves coffee, tea and light snacks at affordable prices for customers waiting for the train, as well as the many construc...

Aug 3 , 2019

POINTING TO NOWHERE

This road sign near Edna Mall is half-buried in debris, blocking the sidewalk entirely and the road partially, forcing pedestrians to compete with cars for the little space that is left.  Most constr...


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