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Jun 30 , 2024

Ethio Tel Kicks Off Smart Campus Project

Ethio Telecom signed a strategic partnership agreement with Addis Abeba University for a project that allows digital grading, reporting, and smart learning capabilities at the Sidist Kilo Campus on Me...

Jun 30 , 2024

Boutique Mining Firm Commissions Processing Plant

Akobo Minerals, a Norway-based gold exploration and mining company, has completed the construction of its processing plant at its boutique mine in South Western Ethiopia. The company holds an explora...

Jun 30 , 2024

Half a Billion Birr Flood Management Project Onboards Contractors

Five local contractors have entered into a 515 million Br deal with the Ministry of Water & Energy for flood risk management projects in Oromia and Afar Regional States. Habib Hussein Construct...

Jun 30 , 2024

Power Supplier Looks to Consultants For Solar Project

Ethiopian Electric Power (EEP) is seeking consultants for a 10-month feasibility study on the Utility Scale Weranso Solar PV Project, including hydrology, geotechnical, seismic, and solar resource ass...

Jun 30 , 2024

Safaricom Inks Deal With Utility For Electric Bills

Safaricom Ethiopia and Ethiopian Electric Utility (EEU) signed an agreement last week that allows the latter's post-paid customers to settle monthly electric bills using the M-PESA mobile money servic...

Jun 29 , 2024

Bill Transfers Compensation Payment Duties to Regions

Parliament ratified an amendment to the compensation proclamation last week that transfers evaluations and payment responsibilities during resettlement for federal infrastructure projects to regional...

Jun 22 , 2024

Premier Pushes Domestic Drug Production

A six-day domestic pharmaceutical production and innovation expo was inaugurated by Prime Minister Abiy Ahmed (PhD) last week. More than 110 local pharmaceutical manufacturers participated at the Mill...

Jun 22 , 2024

AfDB Lauds $8m for Solar Mini-Grid

Around half a million people foresee benefits from the pilot mini-grid built across nine sites in Amhara, Oromia, Sidama, and the Southern regional states. African Development Bank Group has approved...

Jun 22 , 2024

Parliament Approves $275m Loan for Urban Project

A  275 million dollar loan agreement was approved by Parliament last week, to support the second phase of the Urban Water Supply & Sanitation Project. Set to be implemented over the next three ye...

Jun 22 , 2024

VAT Overhaul Targets Broader Revenue Base

The VAT-exempt items have been reduced following a directive signed by Finance Minister Ahmed Shide last week. The revised list now includes cereals, agricultural inputs, and capital goods. Notably, a...

Jun 22 , 2024

Addis Abeba Dictates Minimum Building-Road Setbacks

New regulations from the Addis Abeba City Cabinet dictate minimum distances buildings must be built from roadways. Buildings must be at least 10m from the main road edge while five meters and two metr...

Jun 22 , 2024

Petrol Company Plugs EV Charging Station

A pioneering fast electric car charging public station was inaugurated at TotalEnergies Airport Road (Bole Road) outlet last week. Sharla Abdulahi, director-general of the Ethiopian Petroleum &...

Jun 22 , 2024

Central Bank Revises Gold Premiums Amid Supply Chain Chaos

The National Bank of Ethiopia (NBE) has adjusted its gold procurement strategy in response to major supply chain disruptions over the past three years. Last week, the central bank introduced a tiered...

Jun 22 , 2024

Report Lauds Fund Remedy for Global Coffee Farmers

A global fund mechanism to finance over 25 million coffee farmers globally was proposed by the United Nations Industrial Development Organisation (UNIDO) and the International Coffee Organisation (ICO...

Jun 15 , 2024

Geda Special Economic Zone Receives Prospective Tenants

East African Holding and Ethio-Chicken have been shortlisted to invest in the Geda Special Economic Zone(GSEZ), located in the tri-state area shared by Mojo, Adama, and Shashemene cities within the Or...

Jun 15 , 2024

Standard Institute Revamps Fees, Board Restructuring

The Ethiopian Standards Institute (ESI) is set to introduce fees for standards sticker, establish a new governing board, and address collaboration with other regulatory bodies. The Institute plans to...


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The way the Birr moves is changing, and with it, habits that have shaped daily life for ge...

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