Ethiopia announced that it found traditional medicine for
#COVID19Ethiopia
, Abraham Belay, MIT Minister told Capital that the country's traditional medicine experts developed the medication for the virus that has not yet have official medication all over the world.
President Salva Kiir will not allow any threat to Ethiopia
H.E Salva Kiir Mayardit President the Republic of South Sudan and the chairperson of East African Community bloc (EAC) says Juba will not collaborate with any threat to Addis Ababa.
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A small earthquake around 8:10 pm shakes buildings in center of Addis Ababa, including buildings Meskel Square, Kazanchis and other areas of the city.
Safaricom Ethiopia appoints Henok Teferra, Ethiopia’s former ambassador to France as its Chief External Affairs and Regulatory Officer replacing Matthew Harrison Hervey who left Safaricom in December 2022.
The Ethiopian Human Rights Commission announced that an atrocious massacre of civilians has been committed by an informal group of Tigrayan youth known as ‘Samri’, aided and abetted by members of what was then the local administration and security establishment in Maikadra,
The African Export-Import Bank (Afreximbank) is going to release USD 500 million for Ethiopian banks. Banks will utilize the money as per the intermediary directive of NBE. The fund will be disbursed in the coming few weeks.
Marathon Motor Engineering announced that it will assemble the first Hyundai electric cars in Ethiopia in a year time. Marathon Motor Engineering, Plc. is a joint venture between Hyundai Motor Company and long distance runner Haile Gebrselassie. The company was founded in 2009.
Ethio Telecom 5G launching ceremony at Sherton Addis Hotel.
Pictured, Firehiwot Tamru, CEO of Ethio Telecom & Matthew Harrison Chief External Affairs and Regulatory Officer of Safaricom Ethiopia
Ethiopian Airlines officially launched its passenger to cargo conversion in collaboration with Israel Airspace Industries by converting a Boeing 767 Aircraft which was operating since 2004 as a passenger aircraft.
Ethio telecom has received a green light from the National Bank of Ethiopia to start international remittance through its mobile money platform Telebirr which is gaining a large number of customers. The service is expected to start within one month.
Ethio-telecom decides to minimise tarrif
Ethio-telecom decides to minimise tarrif
Frehiwot, CEO, of the telecom disclosed today August 22, 2018 the telcom price will be slashed by 40% on local calls and 45% on SMS
President Joe Biden will transfer power to Vice President Kamala Harris on Friday while he is under anesthesia for a colonoscopy he will undergo, White House said in a statement
Beside wheat price increasing by more than one thousand birr per quintal it has been more than five weeks since the factories that produce flour and related products stopped getting wheat from the market,” said Muluneh
African countries with low criminality and high resilience: Small Island States, Morocco, Tunisia, Senegal, Ghana, Ethiopia, Rwanda, Namibia and Botswana. ISS Africa
The National Bank of Ethiopia is going to allow Ethiopians who work in different organizations and who are paid in foreign currency to open a foreign currency account
Ethiopia Makes it as the Top 100th Country Globally in the Startup Ecosystem Index Report 2021
Ethiopia has jumped 5 spots to secure its position in the global top 100.
Amhara Bank that starts operation on June 18, 2022 secured 237 million birr gross profit on its only 11 days of operation in the 2021/22 financial year.
It said that in the few days of operation it has generated 531 million birr revenue.
Safaricom signs deal with Nokia
Safaricom Telecommunications Ethiopia Plc, signed an agreement with the global telecom giant Nokia for its infrastructure development for its operation in Ethiopia.
Addis hosts World Leather Congress
The World Leather Congress (WLC) that gathers global players and scholars on the leather sector was held for the first time in Africa at Ethiopian Skylight Hotel in Addis Ababa.
New avocado oil processing company to start operations in Jimma
A new avocado oil processing company is in the process of signing to start operations in Jimma Industrial Park seconding another Avocado oil, Biodiesel and
Ethiopian Airlines signed an interline agreement with Airlink, an airline based in Johannesburg. The interline agreement will allow passengers to enjoy seamless travel with a single ticket and lower fare tickets between points within the carriers’ synergized networks.
The Ethiopian Bankers Association announced that it requested the government to change the features of the current currency notes. The association also said that currently over 113 birr is outside the banking system.
Dashen Bank has become a pioneer in the banking industry to access foreign credit.
The bank has secured USD 40 million from British International Investment (BII) and FMO, the Dutch entrepreneurial development bank.
The National Bank of Ethiopia announced that it never give permission for crypto currencies in the country and warned that those who are using it will face repercussions.
7 out of 10 Ethiopians support amending the Constitution, while only 11% want it to be discarded or replaced and 18% say it should be kept unchanged, Afro Barometer new survey in Ethiopia.
Federal Supreme Court president Meaza Ashenafi and vice president Solomon Areda resigned from their post. Tedros Miheret is now appointed as President.
Here is what the ideal ‘Miss Ethiopia’ should look like, according to A.I.
Ideal ‘Miss Ethiopia’ has a glowing deep skin tone, a thin body type with broad shoulders and toned arms, and black or brunette hair worn in a natural curly style.
The Board of Directors of the Ethiopian Electric Power removed Azeb Asnake (Eng), CEO of EEP from her position, sources told Capital.
On its meeting held on Wednesday August 22, the board chaired by Girma Biru (Amb) announced to the management of EEP that Azeb will be removed
Ethiopia to stop importing edible oil
The government has set to suspend the import of edible oil as of the beginning of Ethiopian New Year after local pressers are at a final stage to commence massive production.
Ethiopia ranks 9th globally in food inflation
Ethiopia ranks 9th in the world having high food price inflation according to the World Bank latest food security update.
Ethiopian Airlines Group has transported 50 million doses of vaccine to more than 28 countries across the globe and became the only African carrier to reach such a milestone with its technologically equipped facility called ‘Pharma Wing’.
In a new move the National Bank of Ethiopia reduces the percentage banks surrender of their forex earning to 50% from the previous 70%. Those who earn it will be given 40% and the 10% goes to bank.
Ethiopian Airlines becomes first African carrier to convert passenger aircraft to cargo
The Ethiopian Airlines Group announces the completion of passenger to freighter conversion of one of its three B767 aircraft.