Delegates laud Ethiopia’s military diplomacy

BISHOFTU – African military delegates hailed military professionalism and capabilities of Ethiopia. The delegates made the remark yesterday while visiting the Ethiopian Air Force (ETAF) headquarters and Bishoftu Automotive Manufacturing Industry. Commending... Read more »

Macroeconomic Reforms: Changing face of FDI

Ethiopia’s recent macroeconomic reforms, implemented during last July, are beginning to yield positive outcomes for the nation’s economic landscape, particularly in the realm of Foreign Direct Investment (FDI). The Ethiopian Investment Commission... Read more »

Premier calls on Ethiopians to grab Ethio telecom shares

ADDIS ABABA – Prime Minister Abiy Ahmed (PhD) has called on Ethiopians to purchase shares of Ethio telecom, following the company’s decision to offer 10% of its shares to Ethiopian citizens. Speaking... Read more »

Ministry boosts school hygiene with water, sanitation initiatives

ADDIS ABABA – The Ministry of Education has announced its ongoing efforts to ensure all schools in Ethiopia have access to water, latrines, and hygiene materials, with support from aid organizations and... Read more »

Dashen Bank reports 6.4 bln Birr profit

Expands digital, int’l partnerships ADDIS ABABA – Dashen Bank, one of Ethiopia’s leading private banks, concluded the 2023/24 fiscal year with a profit before tax of 6.4 billion Birr, marking a 26.8%... Read more »

IIRR, PCPM debut project for emergency, disaster response services

ADDIS ABABA – The International Institute of Rural Reconstruction (IIRR) and the Polish Center for International Aid (PCPM) launched support to development of emergency and disaster response services project in Ethiopia. The... Read more »

From historical water rights to water- sharing accord

The Nile Basin Cooperative Framework Agreement (CFA) has officially come into force, confirmed by the African Union, marking a crucial step toward equitable and sustainable use of the Nile River. Despite this,... Read more »

Ethio-telecom’s 10% stake sale marks privatization milestone: ESX

ADDIS ABABA – The Ethiopian Securities Exchange (ESX) has praised Ethio-telecom’s decision to sell 10 percent of its shares as a significant step towards Ethiopia’s broader privatization efforts. Ethio-telecom, the country’s largest... Read more »

African youth commit to driving food security

ADDIS ABABA-African youth have pledged to work tirelessly towards achieving food security across the continent by promoting effective resource utilization. During the “1st Thousand African Youth Summit on Food Systems and Agroecology... Read more »

Ethiopia stresses solidifying military cooperation for Africa peace

ADDIS ABABA – Enhancing stronger partnerships, advanced military capabilities and renewed determination critical to nurture a peaceful, secure and thriving Africa, the Ethiopian Deputy Prime Minister said. The DPM Temesgen Tiruneh made... Read more »