July 28
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Post-Mobile Revolution [analysis]
Addis Fortune
Africans like their mobile phones, too. So surely the African continent will simply follow the same telecom development and usage pattern as the rest of the world, just maybe a... Read more »
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Sixty-Four Percent Leather Lag
Addis Fortune
The Ethiopian Leather Industry Development Institute (LIDI) last week announced that the nation had earned 123.4 million dollars in leather exports. This was 64.3pc lower than its... Read more »
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Mung Beans to Enter ECX Trade Floor
Addis Fortune
In the next few months, the Ethiopian Commodity Exchange (ECX) will install mung beans as the sixth commodity to be traded on its floor, Fortune has learnt. Read more »
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Allana's New Estimate Indicates Mineral Resources Increase By 90pc
Addis Fortune
Allana Potash announced last week that the mineral resource on its Denakhil potash project increased by 90pc as compared to the April 2012 estimate. The measured and indicated... Read more »
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Pick-Drop Reforms May Bring Fatigue to Civil Service [opinion]
Addis Fortune
Since 1991, the EPRDF-led government has embarked on a series of reform programmes. These have hinged on the ideological shift that took place in the country, from a centralised... Read more »
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Waste Worsens Power Interruption
Addis Fortune
The old maxim that says, "water is life" can be rectified a bit to include "electric power is also life". This statement is more relevant in towns like Adama, where the water... Read more »
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New Theatre Construction to Commence Shortly
Addis Fortune
In two months time, the Metals & Engineering Corporation (MetEC) is set to commence the construction of a new theatre, with 300.5 million Br. This will come after the... Read more »
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Development Bank Signs Dairy, Juice Loan
Addis Fortune
The Development Bank of Ethiopia (DBE) has agreed to give a loan of 495.8 million Br to Velocity Dairy Plc in a contract signed on July 5, 2013. This company was established in... Read more »
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U.S. Embassy to Implement New Visa Procedure
Addis Fortune
The US Embassy in Ethiopia has announced that it will implement a new non-immigrant visa procedure beginning July 31, 2013. The new procedure aims at streamlining and making the... Read more »
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Addis Fortune
Blen Tsegaye is a major shareholder and manager at Blen Tsegaye Business & Industry, a cotton grower that has been operating in Afar for the past seven years. The company has... Read more »
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This Is a Nation Wherein Every Chieftain Claims to Be a Politician. - Beyene Petros (Prof.)
Addis Fortune
Beyene Petros (Prof.) said this in explaining the political sphere of the nation. Celebrities coming to the political sphere ought to understand the nature of the sphere, not least... Read more »
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Ethio Telecom Signs U.S.$800 Million Network Deal With Huawei
Addis Fortune
Ethio telecom signed part of a 1.6 billion dollars deal with Huawei on Friday 25 July, 2013. ZTE's part of the deal was delayed for unspecified reasons. Read more »
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Drainage Deficit Hampers Mobility in Addis
Addis Fortune
Residents around the Lancia area on Debre Zeit Road, have to walk in the flood since the running water, for which there is no drainage, doesn't stop even long after the rain has... Read more »
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dventus Receives Three Million Dollars
Addis Fortune
Ethiopian clean energy company dVentus technologies was recently relieved of its capital shortage following an injection of three million dollars from a group of American investors... Read more »
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Fourth Round Land Auction Attracts Higher Price
Addis Fortune
During the latest land auctions, the Addis Abeba Land Bank & Transfer Agency made as much as 26,202 Br a square metre. The auction, which covered various districts, took place... Read more »
July 27
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Contribution of His Imperial Majesty Haile Selassie Celebrated
ERTA
His majesty Haile Selassie's contribution to the establishment of Organization of African Unity has been celebrated in Addis Ababa in the presence of Thabo Mbeki, former South... Read more »
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Semien National Park to Resettle Inhabitants
ERTA
Semien National Park is to resettle over 2,700 people living with in the Park's boundary in the coming Ethiopian New Year. This is what office of the park told ENA. Read more »
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Ethiopia Graduates Senior Military Officers
ERTA
Ethiopian Military Leadership College graduates 79 senior military officers in Military science and leadership. The senior officers go through two years of intensive training. Read more »
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Democracy Not an Option in Ethiopia, Abay Tsehaye
ERTA
Establishing a democratic system in Ethiopia is not an option; it is a matter of death and life in Ethiopian context; these are words of Abay Tsehaye Director General of the... Read more »
July 26
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Addis Ababa to Host Population and Development Conference
ECA
The International Conference on Population and Development (ICPD) will be held on 2-6 September 2013 at the United Nations Conference Centre, in Addis Ababa, Ethiopia. Read more »
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Vertical Gardening to Improve Ethiopian Diet [press release]
ACNS
The Anglican Church in Ethiopia is promoting a unique agricultural practice called "vertical gardening" to combat the region's high levels of malnutrition due to a lack of variety... Read more »
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Ethiopian Drug Lord Arrested in Eastleigh
Sabahi
Suspected Ethiopian drug lord Soloman Walde Haulu was arrested in Nairobi's Eastleigh neighbourhood Thursday (July 25th) for re-entering the country illegally after he was deported... Read more »
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EU Ambassadors to Ethiopia, Rwanda Named
ERTA
The European Union has named new ambassadors to two of the most sensitive postings in Africa, Ethiopia and Rwanda. Read more »
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Deal Signed to Expand Ethiopia's Mobile Phone Infrastructure
Ethiopia Government
Ethiopia has signed a $700 million agreement with China's Huawei Technologies Co Ltd to expand the country's mobile phone infrastructure and introduce high-speed 4G broadband... Read more »
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Administration Restores 1.2 Million Ha Illegally Held Land
ERTA
Addis Ababa City Administration says over 1.2 million hectares of land previously occupied by illegal holders has been channeled to the City's land bank. Read more »
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