Local News
Bottlers request suspension of excise tax, VAT
Ethiopian Bottled Water, Soft Drink, Fruit and Vegetable Manufacturing Industries Association (EBSFMIA) ask Ministry of Finance (MoF) to suspend excise tax and value added...
Local News
Gov’t buys 400,000 MT of wheat from Australia
Negotiating to add 200,000 MT more
Public Procurement and Property Disposal Service (PPPDS) has agreed with Australian government to procure USD 120 million worth...
Local News
Ethiopian Airlines enhances services with cargo app
Ethiopian airlines announced that it has developed a digital mobile app and chatbot-assisted shipment tracking service to elevate cargo customers’ experience.
“The cargo mobile app...
Local News
COVID-19 could deepen food insecurity, malnutrition in Africa
Global economic output will be slashed by $8.5 trillion over next two years
The World Health Organization (WHO) expressed concern at the potential impact of...
Local News
Not Just Another Conversation About Women
In the next session of Crisis Management for African Business Leaders webinar series, Africa.com Chair and CEO, Teresa Clarke will lead a panel of influential women...
Local News
DBE gets significant capital injection
The Council of Ministers has approved to increase the authorized capital of Development Bank of Ethiopia.
According to the report released by the Council of...
Local News
Bankers blasts greedy private sector actors
The COVID-19 pandemic significantly affects the Ethiopian economy like others since the case is a global problem.
Experts said that the country’s economy has been...
Local News
Clean Technology Fund backs geothermal power plant project in Ethiopia
The Clean Technology Fund (CTF), managed by the Climate Investment Funds (CIF), has extended a $10m concessional senior loan for development of the 50...