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IMF Sees robust growth in Djibouti amid Ethiopia peace deal, but warns of risks

admin - June 5, 2024 0

The Executive Board of the International Monetary Fund (IMF) disclosed that the November 2022 peace agreement in Ethiopia bolstered...

Feature

Ethiopia’s gold exports reach 75% of annual target in first 9 months

Ministry of Mines (MoM) has reported that the country's gold exports have reached 75% of the annual target during the first nine months of...

Feature

EIAR advances approval of BtGt Cotton for environmental release

The environmental release of BtGt cotton is shortly to be approved by the National Variety Release Council (NVRC), a council made up of many...

Feature

Shareholder sues BGI Ethiopia for over 8 Million Birr, claiming illegal transfer of 27% ownership

BGI Ethiopia has been sued for more than 8 million birr. The individual claiming that their 27% ownership share of BGI Ethiopia Plc. was...

Feature

MoF dispenses 73% of budget allocation to public offices

The Ministry of Finance (MoF) committed 73 percent of the 426 billion birr that it intended to distribute for public offices at the central...

Local News

Renewable energy potential untapped in developing nations

The 2nd Global South-South Energy Summit, held in Addis Ababa, Ethiopia from May 22-23, 2024, has shone a spotlight on the challenges faced by developing nations in harnessing their...

Local News

Ethiopian National Dialogue Commission holds crucial consultation phase

The ongoing consultation phase being led by the Ethiopian National Dialogue Commission (ENDC) is a crucial step towards addressing the country's pressing challenges in a sustainable manner. Held at the...

Local News

Landmark report finds massive health impact from investing in R&D for Neglected Diseases

A major new report released has revealed the staggering health benefits that have resulted, and will continue to result, from investments in research and...

Local News

Africa’s air travel soars, passenger, cargo demand soars as continent taps into global trade

The African aviation industry is experiencing a remarkable resurgence, with the latest data from the International Air Transport Association (IATA) revealing a remarkable 15.5%...

Editorial

Africa needs its own ideology

Ideology is nothing more than a set of principles (considered or not) internalized by individuals or communities, explicitly stated or not. The current negative connotation associated with the word ‘ideology’ is...

Vacancy and Bid

Editorial

DEEP STATE VS POPULISM

Things are heating up between the core of the ‘deep state’ and voters/citizens. Situations have gotten so bad that elected high officials are forced...

Editorial

THE NEW COLONIALISM

Since we are suckers for new ideas, the latest and somewhat broader definition of colonialism has captivated our imagination for the day. This new...

Vacancy & Bid

የፍላጎት መግለጫ ጊዜ መራዘሙን ስለመግለጽ ቢ ጂ አይ ኢትዮጵያ

Vacancy & Bid

Extension of Expression of Interest (EOI) Submission Date EDR

EDR/EOI-1/2024Project Title: Consultancy Service for Strategic Plan Development The Ethio-Djibouti Standard Gauge Railway Share Company (EDR) is seeking a consultancy firm to assist in the...

Vacancy & Bid

Tender Notice UNHCR

DATE: 27 May 2023 The Office of the United Nations High Commissioner for Refugees (UNHCR), Representation Office in Ethiopia, Addis Ababa, invites qualified and registered...

Vacancy & Bid

REQUEST FOR EXPRESSION OF INTEREST (EOI) UNECA

This notice is placed on behalf of UNECA. You are therefore requested to direct all your queries to United Nations Economic Commission for Africa...

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Interview

Modernizing Ethiopia’s financial sector through data-driven innovation

In this interview, Kinfemichel Yibkaw, an expert on Ethiopia's financial sector, discusses the importance of comprehensive data for modernizing financial service delivery in the...

Interview

Addis Chamber’s strategies

In a recent development, the management contract of Addis Chamber at the Exhibition Center was terminated by the city administration, sparking concerns and questions...

Interview

Combating NCDs in vulnerable populations

Interview

Transformative Healthcare Initiatives

Art & Culture

Arts and Culture

The McClellan Saddle: From American Civil War to Ethiopian Imperial Cavalry

“I am unsure of the date at which the McClellan saddle was adopted by the Ethiopian Cavalry (or Imperial Cavalry), but the saddle on display here is probably from...

Arts and Culture

Renowned Portuguese singer Viviana Parra Guerreiro performs at celebration of Portugal’s National Day

The Embassy of Portugal in Addis Ababa hosted a special musical concert to commemorate the 50th anniversary of the Carnation Revolution, Portugal's National Day celebrated annually on June 10. The...

Arts and Culture

Gondor Fasiledes Cultural Group unveils captivating single ‘Eregnaw’ from upcoming album

Gondor Fasiledes Cultural Group, renowned for their contributions to Ethiopian art, announced the release of their much-anticipated single, 'Eregnaw,' from their upcoming self-titled album....

Arts and Culture

Jorga Mesfin releases highly anticipated Ethio-Jazz Album “The Kindest One”

Celebrated Ethiopian musician Jorga Mesfin has unveiled his much-anticipated album, "The Kindest One." The release is now available on the Muzikawi YouTube Channel and...

Sports

Tigist Assefa’s World Marathon Record ratified

Tigist Assefa’s world marathon record of 2:11:53 set in Berlin last year has been ratified by World Athletics. The Ethiopian smashed the previous mark by more Than two minutes at...

Sports

Ethiopia NegedBank close to historic championship title

Four matches to go to the Ethiopian premiere league season climax, the championship title turned out to be a two horse race between top tier new comers Ethiopia NegedBank...

Sports

Tyson Fury’s unbeaten record was ground to dust in the Saudi desert

Ukrainian warrior Oleksandr Usyk outpointed Fury to become the first undisputed heavyweight champion of the world since Lennox Lewis a quarter of a century ago. Despite losing the...

Sports

World record holder Tigist Assefa named to her first Olympics

On the women’s side, the world record holder, Tigist Assefa, has been named to her first Olympic Games for Ethiopia. Assefa set the running world on...

Enterprenuers

Entrepreneurs

Name: Hanan Ahmed

Education: AAU School of Commerce graduate Company Name: Han's Care Reusable Sanitary Manufacturing Title: Founder Founded in: 2021 What it does: Reusable Sanitary Products for women/girls and the elderly Headquarters: Addis Ababa Startup capital: 450,000...

Entrepreneurs

Name: Maeruf Omer

2. Education: BSc in Electromechanical Engineering 3. Company Name: Marselam Trading PLC 4. Title: CEO 5. Founded in: 2014 EC 6. What it does: Produce Charcoal Briquettes from waste charcoal 7. Headquarters: Addis Ababa 8....

Entrepreneurs

Name: Ewuket Tsegaw

2. Education: Electrical and Computer Engineering 3. Company Name: Clenville 4. Title: CEO 5. Founded in: 2023 6. What it does: Collect and recycle plastic waste 7. Headquarters: Addis...

Entrepreneurs

Name: Biruk Tsehay

2. Education: Biotechnology degree 3. Company Name: Biruk Selamawit and Friends Compost Manufacturing 4. Title: Founder and Manager 5. Founded: 2021 6. What it does: Production of organic...

Opinion

Society

Opinion

Navigating Uncertainty: Bitcoin’s Role in Mitigating Economic Impact of Political Instability

In an era characterized by rapid shifts in political landscapes across the globe, the search for financial security becomes paramount. The volatility that accompanies...

Opinion

Car Accident with Pedestrian: Deciphering Right of Way Protocols

Car accidents with pedestrians can be distressing for everyone involved. Knowing the right-of-way rules is crucial in these situations. It will prevent accidents. It will...

Society

The Shenanigans of small town justice in Ethiopia

I intended to write this piece under the benign title “The Beauty of Small Town Justice in Ethiopia,” but I couldn't dwell on the...

Society

Financial storm should slide

Since from the reform Ethiopian government is introduced , changes on all macro-economic factors i.e , exchange rate , inflation , repeated devaluation of ...

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Business and Economics

Doing Business

Business & Economy

Globalization and Ideologies

The subjective framework of globalization primarily includes knowledge and ideology. Indeed, the power of globalization orients the development of dominant knowledge. And knowledge about...

Business & Economy

The History of Social Modernization

When the term “Atlantic civilization” was coined in the 18th century, the underlying idea was meant to combine the values of the French and...

Doing Business

Deal or no deal

Cultural habits influence the way people observe rules and regulations. In so called universalist societies, the rules apply to everybody, no exceptions. Exceptions are...

Doing Business

Becoming proactive

Some years ago, the organization I worked for, hosted a workshop in Ethiopia, for teams from several countries, including Ethiopia. The Ethiopia team, of...

Africa News

AfricaNews

RegulX Celebrates Successful Showcase of its Rebranding at Gitex Africa 2024 in Marrakech, Morocco

RegulX is excited to report on our inaugural participation at Gitex Africa 2024 (www.GITEXAfrica.com), held in the city of Marrakech from May 29-31. As the newly rebranded RegulX, we...

AfricaNews

Premierhub Showcases Innovation at GITEX Africa 2024 in Marrakech, Morocco

Premierhub, a leading Tech Hub in Lagos Nigeria, proudly participated in the prestigious GITEX Africa 2024 (www.GITEXAfrica.com), held in Marrakech, Morocco. The event was a remarkable platform for tech...

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