Jan 1 , 2024
A bus stop around the Stadium area has been stripped of its protective adornments as the area undergoes renovations. The national football ground was built nearly seven decades ago and has been underg...
Road maintenance around Mexico Avenue is underway while the nearby dilapidated buildings ossify with time. Addis Abeba has been going through an aesthetic revival in the past few years as new parks an...
A digital credit service that offers customers post-flight payment modalities for up to a year was launched by Dashen Bank and integrated into the Ethiopian Airlines application last week. The syst...
Amhara Bank's second general assembly kicked off with Board Chairman Melaku Fanta reassuring shareholders that the Bank is financially on a strong footing while issues raised against board directors w...
Nib Bank's robust net profits of 1.5 billion Br face a shadowy backdrop as the selection of the Board of Directors necessitated intervention from the central bank. The election process took an unexpec...
Dec 25 , 2023
The African Development Bank (AfDB) has signalled potential disruptions in its Ethiopian operations, worth an estimated 1.24 billion dollars, blaming safety concerns for its international staff. This...
BGI Ethiopia, one of the country's top brewers, has announced an aggressive five-year expansion plan, aiming to consolidate its four subsidiaries - Meta Abo, Zebidar, Raya, and Castel - into a single...
A row of custodians clean up the Addis Abeba Light Railway System fences around the Megenagna area. While hailed during its inauguration around a decade back as transformative to the capital's transpo...
Top view of the construction of the National Theater expansion project from the 47th floor of the tallest building in the city. Five years into its construction commencement, the 1.5 billion Br projec...
Left) Lelise Neme, head of the Ethiopian Investment Commission, Gebremesqel Challa, minister of Trade & Integration, Aklilu Tadesse, CEO of the Industrial Park Development Corporation. Several st...
Enat Bank delivers a little over half a billion Birr net profit to shareholders gathered at the Millenium Hall with interest income powering nearly 70pc of its revenues. The Bank's total revenue grew...
Ethiopian Airlines Group has received a nod from Citi Group for a 450 million dollar loan to buy five new aircraft from Boeing, with two being 777 and the other three 737 Max. Their planned delivery i...
The sole reinsurance company in the country, Ethiopian Reinsurance, has reported two billion Birr in premiums for the year at its shareholder meeting at the Hilton Hotel last week. The shareholding c...
A significant reshuffle within Ethiopia's Public media sector saw the appointment of Getenet Tadesse as the new Chief Executive Officer of the Ethiopian Broadcasting Corporation (EBC), following a una...
The National Election Board of Ethiopia welcomed its new chairperson, Melatworq Hailu, following a parliamentary session that saw her sworn in with hardly any opposition. Born in Gonder, Amhara Regio...
Dec 16 , 2023
Varieties of roasted barley mixed with other grains for sale around the Flamingo area. Qollo, referred to in Amharic, is a peculiar delicacy found in a few cultures worldwide. Tibet offers the most kn...
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