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The week in picture December 17, 2018 - December 22, 2018

Firehiwot Worku, secretary general of the Ethiopian Red Cross Society, Abera Tola, board director of the Society and President Sahlework Zewde and an unidentified blood donor are photographed on December 10, 2018, during an event held to celebrate the International Volunteer Day at International Hotel.

The week in picture December 17, 2018 - December 22, 2018

Visitors to the annual Addis Foto Fest, held for the fifth time at the Sheraton Addis, are admiring the exhibition. The four-day event that started on December 6, 2018, attracted over 800 applicants from over 120 countries.

The week in picture December 17, 2018 - December 22, 2018

A common occurrence in the city. This crowded street running from Qera Gebriel to Mebrat Hail has been dug up between the pedestrian walkway and the asphalt road causing pedestrian and vehicular inconveniences.

The week in picture December 17, 2018 - December 22, 2018

Addis Foto Fest, A common occurrence in Addis Abeba, and International Volunteer Day at International Hotel.

Radar

Ethio Telecom Launches New Marketplace with Cash-Back Guarantee

Ethio Telecom has launched Zemen Gebeya, a nationwide digital marketplace integrated into the telebirr SuperApp, offering a secure platform for consumers and businesses to trade goods and services. The platform includes a built-in escrow service, allowing payments to be held temporarily until the buyer confirms delivery. If a product is not delivered or the buyer is dissatisfied, the payment is returned—creating a cash-back guarantee model designed to build trust in online transactions. Lau...

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Radar

Ethiopia-Israel Business Forum Opens Doors to Investment Opportunities

The Ethiopia-Israel Business Forum took place last week at the Hyatt Regency Addis Abeba, bringing together Ethiopian government officials and investors from Israel. Officials presented a range of investment opportunities, while Israeli investors expressed interest in entering the market. The forum opened with remarks from the foreign ministers. Gedion Timotheos, Ethiopia's Minister of Foreign Affairs, used his address to extend a formal invitation to the Israeli business community, stressing...

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Radar

National Bank Injects Millions Through Foreign Currency Auction

The National Bank of Ethiopia (NBE) is continuing its push to stabilise the foreign exchange market, injecting millions of dollarss into the economy through a series of currency auctions. According to official data, the latest auction was held on May 7, 2025, during which 60 million dollars was supplied to 16 participating banks at an average exchange rate of 132.9643 Br per dollar. In the previous month, the NBE held two auctions: 70 million dollars was offered on April 16 to 26 banks at an...

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