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Oct 14 , 2023

ROCKY FUTURES

A dilapidated road crossing on Bole Road sticks out from the properly kept-up street in the area. A 15 billion Br slash to the capital budget in the year has raised concerns from residents in areas wh...

Oct 14 , 2023

BRIDGING SNAPS

A photo exhibition at Kana Studio weaves the diverse threads of Ethiopia's unique and diverse cultural heritage into a visual tour across the country. The exhibition features 15 photographers, 97 phot...

Oct 14 , 2023

Rehab Commission Inks Deal for Ex-combatants Support

An agreement for effective demobilisation and reintegration of ex-combatants was penned between the National Rehabilitation Commission (NRC) and the Ethiopian Civil Society Organizations Council (ECSO...

Oct 14 , 2023

African Ministers Call for Key Reforms

African Ministers of Finance, Planning, and Economic Development requested the World Bank to focus on specific priorities of African countries, including regional integration, infrastructure developme...

Oct 14 , 2023

Northern Ethiopia Embarks on €10m Finance Deal

War-stricken areas in the north foresee a 10 million euro finance to harness stabilisation from the German government and the United Nations Development Programme (UNDP). The agreements were signed be...

Oct 14 , 2023

Zemen Insurance Profits Soar Despite Turbulent Market

Executives of Zemen Insurance heralded remarkable growth during the annual general assembly at the Grand Eliana Hotel, Churchill Road. The three-year-old Company amassed a 45 million Br gross profi...

Oct 14 , 2023

Data Centre Slates Alternatives for Financial Institutions

Financial industry insiders convened at the Sheraton Hotel to discuss the opportunities and pitfalls of the Raxio-Tier III data centre last week. Slated to launch before the end of the year, Raxio...

Oct 14 , 2023

IMF Mission Preserves Ambiguity on Ethiopia's Macroeconomic Standing for Second Consecutive Year

In a persisting aura of indecision, the International Monetary Fund (IMF) maintains its opacity about macroeconomic performance and impending financial support to Ethiopia for the second successive ye...

Oct 14 , 2023

Capital Market Authority Presents Capacity-Building Deal Amidst Public Offering Consultation

It was an eventful week at the Ethiopian Capital Markets Authority (ECMA) where a couple of particular occasions came to pass. At the Ethiopian Embassy in London, a capacity-building agreement for...

Oct 7 , 2023

SILLY WHEELS

A colourful bike is loosely tied to a bushy picket fence around the Medhanit Fabrica area. While bike lanes exist in some parts of Addis Abeba's roads, cycling has not been adopted to a marked degree...

Oct 7 , 2023

FESTIVE FERVOR

Irrecha celebrations swept across Addis Abeba the past weekend as thousands clad in colourful cultural outfits flocked into the Mesqel Square for the festivities. The holiday often linked with thanksg...

Oct 7 , 2023

CUSHY COFFERS

The second phase of the "Tatariwochu" competition was launched with Tsehay Shiferaw, the president of Awash Bank (Center) and Nebil Kello, managing director of First Consult at the Skylight Hotel last...

Oct 7 , 2023

Digital Transformation Forum Attracts Hundreds Across Africa

Close to 300 participants hailed from 41 countries to attend the International Annual Regional Development Forum last week. The three-day event was organised by the International Telecom Union partner...

Oct 7 , 2023

Tripartite Agreement Offers a Bridge to Basic Needs for Refugees

A data-sharing agreement that aims to assist refugees in easily accessing basic services such as health insurance, education, and banking was signed between officials of the National ID program, the U...

Oct 7 , 2023

USAID Partially Resumes Food Assistance

USAID resumes food aid strictly for refugees in Ethiopia after more than four months of suspension due to alleged food diversions by officials. Meanwhile, a plan to mitigate the risk of diversions...

Oct 7 , 2023

European Union, Finance Ministry Launch a 650m Grant Program

A three-year program on governance, peacebuilding, green growth and inclusive human development was launched between Ethiopia and the European Union (EU) last week. With a 650 million euro grant, the...


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