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Dec 17 , 2022

Summer Shades

A travelling salesman offers up counterfeit sunglasses for sale around Qera at mid-noon. The capital's weather turns blistering hot as Christmas approaches following a month-long fast. Ethiopia celebr...

Dec 17 , 2022

Dishes for Stitches

A man pushes a cart around the Mebrat Haile condominium in a bid to barter clothes for everyday home items like dishes and buckets. Condominiums are subsidised communal housing projects which began cl...

Dec 17 , 2022

World Bank Grants $745m to Healthcare, Flood Projects

Women, children and internally displaced people facing the consequences of the pandemic, natural disasters and conflicts without access to health services and flood management are getting assistance....

Dec 17 , 2022

ArifPay Fires Own Digital Payment Service

A fintech company launched last week, a month after securing licenses from the National Bank of Ethiopia (NBE). Arifpay Financial Technologies has been operational as a digital payment service oper...

Dec 17 , 2022

CBE, AAU Join to Quell Rumors of Corruption

The state-owned Commercial Bank of Ethiopia (CBE) refutes the alleged leak on its recruitment exams at a press briefing held at its old headquarters around the La Gare area. Reports were circulatin...

Dec 17 , 2022

Seven Regional States Foresee a $30m Project on Health Literacy

Hundreds of districts in seven regional states have been chosen for a project focusing on family planning and reproductive health literacy. Oromia, Amhara, Southern Nations, Sidama, Benishangul Gumuz...

Dec 17 , 2022

Continental Free Trade Agreement Amharic Version Comes to Life

Non-English speakers can now access an Amharic translation of the continental agreement on the African Continental Free Trade Area (AfCFTA) and benefit from the opportunities it provides. Bethelhem...

Dec 17 , 2022

Hikmet to Address Ethio-American Finance Professionals in Virginia

Ethio-American finance professionals gathered in Virginia, United States, to discuss Ethiopia's accounting and audit laws, with the prospect of the country launching a capital market. The Director...

Dec 10 , 2022

Multitasking Tracks

A man rushing up the stairs on top of a makeshift shop towards the light railway system in the Leghar station. This is the first light railway system in Sub-Sahran Africa with a cost of 475 million do...

Dec 10 , 2022

Mourning- Route

An ongoing grief ceremony in a tent around Qera, in the capital, creates roadblocks forcing pedestrians to change routes. Funeral proceedings are typically week long sessions. Funeral costs are paid f...

Dec 10 , 2022

Safety Axe

An old tree is being chopped down around Meskerem, on the way from Mesqel Square to Global Hotel, for safety concerns by a neighbouring restaurant. Ethiopia's forest coverage stands at close to 14pc o...

Dec 10 , 2022

First Private Mortgage Bank Steps a Milestone

Goh Bank, the first private mortgage bank in Ethiopia, registered a 7.9 million Br gross profit during its first year of operation. The Bank disbursed 298 million Br in loans and advances, while the p...

Dec 10 , 2022

EagleLion Rolls Out Cashless Transactions

A local tech company is working on easing the payment process by providing loans, hotel bookings and payments at gas stations through digital technologies. EagleLion System Technology is developing...

Dec 10 , 2022

US, Natural Resource College Launch a $100,000 Wetland Project

A forestry college in the south received financial support from the United States government to research wetland areas. A US-supported program that aims to collect data that quantify the carbon emi...

Dec 10 , 2022

Bunna Bank Lives to See Another Bounty Year with1.19b Br Profit

Bunna Bank bagged a 1.19 billion Br gross profit from its operations in 2021/22. The Board Chairman, Alemayehu Sewagegn, recalled the Bank had gone through hard times with the impacts of the global pa...

Dec 10 , 2022

Youth Innovation Prize Kicks Off in the Capital

A year-long global competition to encourage innovative solutions by the youth, with a million dollars prize promise, kicks off at Addis Abeba University. Dubbed the Hult Prize, this year's edition...


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