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Oct 22 , 2022

Payers' Award

President Sahlework Zewde handed awards to taxpayers at the Sheraton Addis on October 20, 2022. Silver, Gold and Platinum level awards were offered by the Minister of Revenues, Aynalem Nigussie (left...

Oct 22 , 2022

Car-like Wheel

A heavy truck wheel rolled over in the middle of the street around the National Theatre on Churchill Avenue. The person behind the wheel signaled the car beside him as he was ready to change a lane fo...

Oct 22 , 2022

Coffee Exports Jumps to $426m in 1Q

The revenue generated from coffee exports in the first quarter of this year has jumped to 426 million dollars, increasing by 30pc compared to the same period last year. Shortfalls in global supplies b...

Oct 22 , 2022

Land Corp. Aspires for $2b in Foreign Capital

Executives of the federal Land Bank & Development Corporation (LBDC) aspire to lure foreign investment they estimate will reach two billion dollars. They plan to host a two-day investment forum...

Oct 22 , 2022

MinTex, Mining Expo to Kick Off Debuting a Gemstone Trading App

Takele Uma, minister of Mines, plans to host a three-day mining expo at the Millennium Hall next month. Gemstone manufacturers have called for the event to be held. Local gemstone companies complai...

Oct 22 , 2022

Microfinance Hatches with 21m Br Capital

A microfinance institution (MFI) has made its official debut in the industry with 21 million Br paid-up capital. AKUFADA Microfinance Institution joined last week 45 of its peers, aspiring to expan...

Oct 22 , 2022

Lalibela Restoration Sees Additional 260m Br Grant

Churches in Lalibela are to get additional funding for restoration as a follow-up to ongoing works that began in the early 2000s. The French Development Agency (AFD) has signed a 260 million Br add...

Oct 22 , 2022

City to Welcome International Poultry Marketers

Over 70 domestic and international vendors from Kenya, the United States, and European countries will congregate in the capital to showcase their poultry products. Planned for three days at the end...

Oct 22 , 2022

Ethio Telecom Launches Cloud-based Contact Centre

Ethio telecom launched its cloud-based data contact centre at the newly inaugurated Addis Ababa Science Museum, on October 18, 2022. Cloud Storage and Artificial Intelligence power the cloud-based con...

Oct 17 , 2022

Private Company Launches 2b Factories

A private company in the beverage industry opened plants on Addis Abeba's outskirts to process and bag snakes such as potato chips. ABBAHAWA Trading, bottler of One Water brand, has invested 2.3 b...

Oct 15 , 2022

Moving deal

A truck driver's aide amid a traffic jam in Saris area picked stuff to buy from a vendor  while on the move. As the traffic was moving, so was the vendor urged to get paid. ...

Oct 15 , 2022

Insurance month

Getenesh Hailemariam (centre), general insurance brokerage manager, briefed the media at a press conference held at the Elily Hotel, behind the UNECA, on October 12, 2022. This year's insurance month...

Oct 15 , 2022

Street washing

A pipeline draining the water out of a particular construction site around the African Union headquarter is being used for car and motorbikes wash purposes. The road has become inconvenient for commut...

Oct 15 , 2022

Energy Minister Unveiled $20m Renewable Energy Project

Ministry of Water & Energy launched a renewable energy project dubbed Distributed Renewable Energy Agriculture Modalities (DREAM) with funds secured from the Global Energy Alliance for People &...

Oct 15 , 2022

Digital Finance Thespian to Showcase Next Week

Industry operators in the digital financial services sector will showcase their services and products in Addis Abeba next week. Exhibitors from telecommunications, banks, micro-finance, payment ser...

Oct 15 , 2022

Insurers Lobby Inks Deal with Bruh Finance

Bruh Finance and the Ethiopian Insurers Association, an industry lobby group, have inked deals to jointly provide insurers with training and technical support in compliance with the Chartered Insuranc...


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