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Apr 26 , 2019

Premier Moves Alemu Sime to MetEC

Prime Minister Abiy Ahmed (PhD) has appointed Alemu Sime (PhD), former head of the Oromo Democratic Party's secretariat, as deputy director of the Metals & Engineering Corporation (MetEC). Alem...

Apr 26 , 2019

IFC Pledges to Assist Local Hospital

The International Finance Corporation (IFC) signed an advisory services agreement with Hallelujah General Hospital to promote improvements in patient safety and quality assurance in Ethiopia. IFC w...

Apr 26 , 2019

Gas Pipeline to Go Operational by 2020

The Ministry of Mines & Petroleum has unveiled a plan to begin exporting natural gas within two years. The Ministry estimates to get up to a billion dollars a year from exports. The constructio...

Apr 26 , 2019

Two Electricity Projects Near Completion

Ethiopia will get a hydroelectric dam and an electric transmission line that connects the country to Kenya. The Genale Dawa III Hydroelectric Project and the transmission line, which are being cons...

Apr 20 , 2019

EMPOWERING

Ivanka Trump (left) and Sara Abera, founder of Muya Ethiopia, a handmade-clothing company, at one of Muya's workshops in Shiro Meda on April 14, 2019. During her two-day visit, Ivanka Trump attended a...

Apr 20 , 2019

LUNCH BREAK

A group of daily labourers in Arat Kilo, next to Tourist Hotel, relax at the top of a protruding part of an unfinished building after having had their lunch. Passing the time until their lunch break i...

Apr 20 , 2019

ROADBLOCK

A boutique shop displaying outfits on four mannequins is getting help from a fallen wooden electric pole to prop them up in case of a strong wind. Located in Gerji, the shop's mannequins are blocking...

Apr 20 , 2019

Shoa Breaks Tie with Wheat Subsidy Scheme

Shoa Bakery has terminated its agreement with the government to sell bread at prices set by the government. Shoa, which has 16 branches in Addis Abeba, had to abide by prices set by the government...

Apr 20 , 2019

Tourism Generates $2.6b

Tourism has generated 2.6 billion dollars in the first three quarters of the current fiscal year. The revenue was generated from the approximately 500,000 tourists who have arrived in the country,...

Apr 20 , 2019

KOICA Extends $7.5m for One Window Service

The Korea International Cooperation Agency (KOICA) has pledged to give 7.5 million dollars to support one window service in Ethiopia. The agreement was signed between Adanech Abebe, Minister of Rev...

Apr 20 , 2019

Institute establish Code of Conduct

Ethiopian Institute for Corporate Governance has prepared a code of conduct for share companies. The code, which was launched at a meeting held at Hyatt Regency Hotel on April 18, 2019, covers issu...

Apr 20 , 2019

JICA Launches Index-Based Crop Insurance

The Japan International Cooperation Agency has launched the Index-Based Crop Insurance Promotion Project for Rural Resilience Enhancement at a cost of 6.5 million dollars. The Agency is partnering...

Apr 13 , 2019

UMBRELLA MARKET

Rain has become recurrent this past couple of weeks in Addis Abeba, in stark contrast to the warmness in the previous months. This has been a boon to the umbrella market, as is seen here in Megenagna...

Apr 13 , 2019

CONSTRUCTION INCONVENIENCE

A road construction project along the Qality-Aqaqi road, a major route for trucks carrying cargo into Addis Abeba, is bored down. While thick dust emanating from digging and the inconvenience of traff...

Apr 13 , 2019

FORGOTTEN

Three old, busted vehicles with government plates have been parked in the compound of the Ministry of Mines, Petroleum & Natural Gas, in Gurd Shola. The vehicles degrade slowly with each passing d...

Apr 13 , 2019

Inflation Shows Slight Increase

Inflation showed a slight increase last month, reaching 11.1pc. While food inflation was 11.4pc, the price of non-food items increased by 10.8pc compared to March of the previous year. Inflation in Fe...


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