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  • Standard Bank, OFID sign deal
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Standard Bank, OFID sign deal

The Bank launched this initiative in partnership with the Alliance for a Green Revolution in Africa (AGRA), Kilimo Trust, Millennium Development Agency, Ghana and the Millennium Challenge Account Moza……

0Yohanes09-03-2010 09:37
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Oromia Insurance Increased Asset 43 Percent

By Andualem Sisay Oromia Insurance Company (OIC), which joined Ethiopian insurance sector a year ago, announced that its total asset has grown from 28.8 million birr to 41.1 million (around 3.2 milli……

0Yohanes27-01-2010 15:03
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East African SMEs secure 7.4 million USD from IFC

By Andualem Sisay The International Finance Corporation (IFC), which is a wing of the World Bank Group, has announced that it is to invest around 7.4 million USD in East Africa to support Small and ……

0Yohanes26-01-2010 13:40
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Ethiopian Plane Crushes Into Mediterranean With 90 Passenger

By Andualem Sisay Ethiopian Airlines plane, which was flying from Beirut to Addis Ababa, crushed into the Mediterranean with 90 people onboard. The jet crushes into the sea shortly after take-off fr……

0Yohanes25-01-2010 10:00
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Ethiopia Inaugurates New Hydro Electric Power Station

By Andualem Sisay Ethiopia, which has been in a severe electric power shortage few months ago, finally adds a new 420 Mega Watt hydro power station to its national grid, AfricaNews partner, www.newb……

0Yohanes13-01-2010 16:09
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Ethiopia To Begin Officials’ Wealth Registration

By Andualem Sisay Ethiopian Parliament is to pass a new law that will force government officials, employees and constituencies to register their wealth, www.newbusinessethiopia.com reports from Addis……

0Yohanes13-01-2010 15:49
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Islamic Development Bank expanding presence in Ethiopia

By Andualem Sisay A delegation led by president of the Islamic Development Bank Group Dr. Ahmed Mohammed Ali expressed the banks interest to expand its presence in Ethiopia and work closely with gov……

0Yohanes13-01-2010 10:19
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Banking business booming in Ethiopia

By Andualem Sisay Despite the global financial crises, banking business in Ethiopia is booming. Five new banks are currently under-formation while the existing ones continue announcing profit increm……

0Yohanes01-01-2010 14:14
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Egypt Primier arrives Ethiopia to boost economic ties

Leading business delegation of Egypt, Prime Minister Ahmed Nazif, arrives Addis Ababa on Tuesday, December 29, 2009 to boost economic ties between the two nations. The move is believed to ease the ten……

0Yohanes30-12-2009 13:19
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YBP Constructing 17 Fuel Filling Stations

By Andualem Sisay Yetebaberut Beherawi Petroleum (YBP) Share Company, which is the first domestic company to start oil distribution in Ethiopia five years ago, announced that it is constructing 17 ad……

0Yohanes30-12-2009 12:46
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  • Obasanjo to invest in Ethiopia
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Obasanjo to invest in Ethiopia

The former Nigerian President has taken the land two months a go and he is now about to implement his investment on the land located 50 Kilometers east of the capital -Addis Ababa, www.newbusinessethi……

0Yohanes28-12-2009 13:40
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  • Ethiopia: Businesses target online marketing
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Ethiopia: Businesses target online marketing

The most daunting problem in Ethiopia's Internet usage is the fact that ETC is owned and managed by the government itself. The service doesn't get better as fast as the IT industry demands i……

1Yohanes22-12-2009 18:38
by Ethiopia
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CSOs oppose France and Ethiopia’s climate accord

By Andualem Sisay The French and Ethiopian climate proposal appeared on the French Presidency’s website today is facing opposition from non governmental organizations and civil societies. ……

0Yohanes16-12-2009 08:51
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IOM returned 160 Ethiopian refugees from Libya

By Andualem Sisay Some 160 Ethiopian migrants who had been stranded in Libya without travel documents repatriated on Tuesday by the International Organization for Migration (IOM). IOM indicated t……

0Yohanes16-12-2009 07:24
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  • Africa safeguards its interest at Copenhagen
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Africa safeguards its interest at Copenhagen

Meles said the climate change issue had become a matter of survival which had forced Africans to speak with one voice. Although it was premature to talk about the outcomes of the conference, Africa wo……

0Yohanes14-12-2009 07:29
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US Shows concern about Human Rights in Ethiopia

By Andualem Sisay The United States of America called on Ethiopian government to re-examine a law that limits foreign funding of human rights and pro-democracy groups. The US has also expressed conc……

0Yohanes12-12-2009 09:38
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  • Kenya: Telecoms wrangle of high 3G fee
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Kenya: Telecoms wrangle of high 3G fee

It has indicated that the fee the Commission is asking telecommunications companies is prohibitive. In addition, it might frustrate the industry’s efforts to avail affordable communication servi……

0Yohanes12-12-2009 08:53
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  • Water shortage worsen in Ethiopia - WFP
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Water shortage worsen in Ethiopia - WFP

The weekly humanitarian report released Tuesday, indicated that critical water shortages continue to be reported in chronic water-insecure areas of Afar, Somali, Oromia, including Borena, East and Wes……

0Yohanes08-12-2009 08:41
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Nokia Siemens Network eyes opportunities in Ethiopia

By Andualem Sisay Nokia Siemens Network says there are lots of opportunities in Ethiopia to improve mobile services and introduce some value added services. “We want to maintain our presenc……

0Yohanes08-12-2009 07:29
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Migration of Ethiopian Jews to Israel may restart

By Andualem Sisay The Jewish Agency confirmed that it would support bringing more than 8,000 members of the Ethiopian Jew community to Israel. The confirmation of the agency is taken as a significant……

0Yohanes04-12-2009 13:20
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Campaign against Gender-Based Violence kickoff in Ethiopia

By Andualem Sisay A new campaign of Sixteen days of activism Against Gender-Based Violence (GBV) in Ethiopia kickoff yesterday by the United States Agency for International Development (USAID) and i……

0Yohanes04-12-2009 12:47
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Ethiopia cancels multi-million USD fuel bid

By Andualem Sisay The Ethiopian Petroleum Enterprise (EPE) has cancelled a multi-million USD fuel bid for which some eight international oil companies were contesting for. Local media reported th……

0Yohanes01-12-2009 15:33
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  • E African countries to improve flight safety
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E African countries to improve flight safety

Tanzania, Uganda, Burundi, Rwanda and Kenya have up to March to decide on the proposed levy, which would be reviewed during the mid-year strategic plan. The proposals are contained in Cassoa’s……

0Yohanes26-11-2009 15:27
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Ethiopia to evaluated 12 years’ road program

By Andualem Sisay Ethiopian government officials and donors are to evaluate the progress of the Road Sector Development Program (RSDP) over the past 12 years.Several concerns about the program are e……

0Yohanes16-11-2009 15:13
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  • Ethiopia: China provides loan for expressway
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Ethiopia: China provides loan for expressway

The two countries signed the loan agreement over the weekend for construction of the 79 km Addis Ababa-Adama express highway. President of China Exim Bank, Li Ruogu and State Minister of Finance and E……

0Yohanes09-11-2009 14:21
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