Friday, April 26, 2024
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News

Will Ethiopia appease global partners?

All eyes on Ethiopia in Washington Global partners’ signal eager expectations to see the direction of Ethiopia’s commitment at the 2023 spring meetings of the...

Gov’t electronic procurement system to synchronize with Tele birr

Public Procurement and Property Authority (PPPA) gets underway to make procurement of tender documents for government-based tenders only through telebirr after integration with its...

Lion bank enters the digital lending landscape with ‘Alegnta’

Lion Bank launches a digital services app called "Alegnta" that allows it to provide digital credit services without collateral. In a launching ceremony held on...

Customs lifts stringent preconditions on automobiles traversing Ethio-Djibouti borders

Ethiopian Customs Commission (ECC) lifts its precondition imposed on automobiles coming from Djibouti. The commission a few months back had applied a stringent new system...

New procurement proclamation to mirror gov’t electronic system

An incoming procurement proclamation is undergoing massive changes to streamline with the digital route taken by government courtesy of the electronic government procurement (EGP)...

Production capacity of sugar turns sour, import process ridiculed as sluggish

Ethiopian Sugar Industry Group (ESIG), a state owned estate, is projected to fulfill the production of 2.27 million quintal of sugar, which is half...

Forex shortage deflates PPP energy projects

Absence of foreign currency halts the Public Private Partnership /PPP/ projects on the energy sector. The Ministry of Water and Energy (MoWE) states that...

Central Bank, Capital Market Authority select software provider for securities settlement

The country’s financial regulatory body, National Bank of Ethiopia (NBE), and the recently formed secondary market regulatory body, Ethiopian Capital Market Authority (ECMA), select...