November 21, 2022
Ethiopia: Benshangul Gumuz Region Informs All Gold Mining Companies to Sell Their Products Only to National Bank
Benshangul Gumuz Regional State has issued a directive to all gold mining companies, Small Enterprises and associations to sell their gold products only to National Bank of… Read more »
November 17, 2022
Ethiopia: Excitement, Expectation Drive Safaricom Ethiopia to Nearly a Million Subscribers
Since switching on its network and services in Addis Abeba on 07 October, after weeks of network trials in 10 cities across Ethiopia, Safaricom's subscribers have reached nearly a… Read more »
November 19, 2022
Ethiopia: Ethiopia's Tracon Trading Wins Ernesto Illy International Coffee Award for Finest Coffee Arabica
Ethiopia's Tracon Trading, a private company mainly engaged in Coffee Export & Real Estate development, has won the Best Award of the "Ernesto Illy International Coffee Award… Read more »
Ethiopia: Climate-Related Shocks 'Devastate' Lives and Livelihoods of Nearly 17 Million Pastoralists, Agro-Pastoralist in Ethiopia
A new report released by the UN climate-related shocks continue to devastate the lives and livelihoods of nearly 17 million pastoralists and agro-pastoralist families in the… Read more »
November 18, 2022
Ethiopia: Partnership Between Oromia Bank, Ethswitch Sees Mastercard Withdrawals Kick Off in Ethiopia
For the first time, Mastercard debit, credit and prepaid cards are accepted in Ethiopia. The news follows partnerships between the financial services giant and two Ethiopian… Read more »
November 17, 2022
Ethiopia: Innovation - Digitruck Ethiopia Launched, Aims to Enable Rural, Remote Students Benefit From Digital Technology
The DigiTruck Ethiopia project, which enables the provision of digital skills training to Ethiopian students, is launched in collaboration with the Ministry of Education, Huawei,… Read more »
November 12, 2022
Ethiopia: Commercial Bank Restores Banking Services in Seven Branches in Western Tigray
Commercial Bank of Ethiopia announced that it has restored banking services in seven branches in Western Tigray which is currently under the occupation of the Amhara Region, where… Read more »
November 09, 2022
Ethiopia: Tigrayan Families Disconnected for Over a Year Cautiously Optimistic About Peace Agreement
The Tigray regional state in northern Ethiopia where war has been raging for two years has been under a communications blackout since the Tigrayan forces took control of regional… Read more »
November 01, 2022
Ethiopia: Ethiopia Restores Electricity to Various Towns in Southern Tigray, Amhara Regions
The Ethiopian Electric Utility says electricity has been restored in areas stretching from Alamata in southern Tigray to Kobo in North Wollo Zone of the Amhara Region. The towns… Read more »
October 27, 2022
Ethiopia: Major Landmark for Akobo Minerals As It Begins Excavation On Segele Gold Mine
Akobo Minerals, the Scandinavian-based Ethiopian gold exploration and boutique mining company, today announced that it has broken ground at its Segele gold mine, marking an… Read more »
October 24, 2022
Ethiopia: PM Calls for Decisivet Measures Against Product Sabotage, Illegal Forex, Land Grabbing
Prime Minister Abiy Ahmed said decisive and swift action need to be taken against economic sabotage including hiding of products, illegal foreign exchange and land grabbing, which… Read more »
October 17, 2022
Ethiopia: Business - Akobo Minerals Kicks Off Ethiopia Mine Development
Akobo Minerals, the Scandinavian-based Ethiopian gold exploration and boutique mining company, today announced that its mining contractor, IW Mining Pty (Ltd), has arrived at site. Read more »
October 12, 2022
Sudan: Ethiopia Exports U.S.$13 Million Worth Electricity to Sudan, Djibouti in Two Months
The Ethiopian Electric Power (EEP) announced Monday that Ethiopia has earned more than US$13 million from exporting electricity to neighboring Sudan and Djibouti. Read more »
September 26, 2022
Ethiopia: Ethio Telecom Unveils Three-Year Development Strategy
The state owned telecom giant, Ethio telecom, has unveiled a three-development strategy called "Lead" covering the period from June 2022 - June 2025 today. The strategy will… Read more »
September 22, 2022
Ethiopia: Kefi Gold, Govt Agencies Agree On Action Plan At Tulu Kapi Gold Mines in Oromia
Tulu Kapi Gold Mines (TKGM), the gold and copper exploration and development company with projects in Ethiopia and Saudi Arabia, said has successfully concluded a three-day… Read more »
September 21, 2022
Ethiopia: Ethiopia Terminates Contract With Chinese POLY-GCL
Takele Uma, Ethiopia's Minister of Mines & Petroleum announced the termination of the contract with the Chinese POLY-GCL, which has been engaged in oil exploration in Ethiopia. Read more »
September 14, 2022
Ethiopia: Salaried Govt Workers Scramble to Cope With Soaring Cost of Living
A survey released by "Statista" in August 2022 ranked the city of Addis Abeba second among the fifteen African cities with the highest cost of living. Nowhere is the pain of that… Read more »
Ethiopia: Ministry Unveils New Factory Prices for Cement Products
The Ethiopian Ministry of Trade and Regional Integration has announced today that it has issued a new cement price regulation to curb the rising price of cement products in the… Read more »
August 30, 2022
Ethiopia: Beyond Safaricom - Foreign Direct Investment, Diversity and Miscalculated Decisions
No sooner than when Safaricom arrived in Addis Abeba did it encounter turbulence. It seems Safaricom's managers did not consider the differences between the business environments… Read more »
August 26, 2022
Ethiopia: Huawei's Second Round Regional Job Fair Explores Local Talents in Bahir Dar Job Fair
Aimed at discovering local talent, Huawei Ethiopia hosted its second-round regional job fair in Bahirdar on 24 and 25 August in Bahir Dar, the capital city of the Amhara regional… Read more »
Ethiopia: First Certificate On Gas Reserves Shows Presence of Seven Trillion Cubic Feet in Ogaden Basin
The Ministry of Mines & Petroleum today received the first gas reserves certificate following the completion of a four month study verifying the extent of oil and natural gas… Read more »
August 16, 2022
Ethiopia: Safaricom Makes Assurances in Wake of Protests About Alleged Employment Discrimination
Oromo online activists on Facebook and Twitter are protesting against alleged employment discrimination by Safaricom Telecommunications PLC. The protest is mainly centered around… Read more »
August 15, 2022
Ethiopia: Addis City Inaugurates Pushkin Square - Gotera Interchange Road Project
The inauguration of the first modern road project covering the area from Sarbet - Alexander Pushkin Square - Gofa Mazoria to the end of the Gotera Interchange, and located in Nifas… Read more »
August 12, 2022
Ethiopia: 3rd Round Filling of Great Ethiopian Renaissance Dam Successful - Premier
The third round filling of Renaissance Dam has been successfully completed, Prime Minister Abiy Ahmed announced. Speaking on the occasion, PM Abiy assured downstream countries of… Read more »
August 11, 2022
Ethiopia: Grand Renaissance Dam's Second Turbine Begins Producing Power
The inauguration ceremony of the power generation by the second turbine of the Great Ethiopian Renaissance Dam (GERD) is underway. Read more »