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Price of Corrorima spice drops sharply
The price of the popular spice on Ethiopian cuisine, Corrorima, which is also known as Ethiopian Aframomum, or false cardamom, has massively dropped due...
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Violations against civilians committed by all parties to the conflict: EHRC
Human rights violation that can be stated as war crimes and crimes against humanity has been committed by the parties of the conflict stated...
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Multi-bank account holders to merge accounts
The financial sector regulatory authority, National Bank of Ethiopia (NBE), urge banks to coalesce together multiple accounts owned by a single entity or individual.
It...
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Stock of external debt decreases
The country’s external debt is continuing to lower in the second quarter of the fiscal year, similar to the first quarter. During the last...
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Transport Ministry targets higher logistics performance ranking
By its own self-assessment, the Ministry of Transport and Logistics (MoTL) projects that the logistics efficiency of Ethiopia will stand at 114th position in...
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Ethio-Djibouti logistics giants ink deals to launch ‘sea-air’ logistics
The four cemented their agreements on a ceremony held on Thursday March 3 in Djibouti to harness the multimodal operation, ‘sea-air’ logistics.
Djibouti Ports and...
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Safaricom-Ethiopia preps for M-Pesa
Safaricom Ethiopia announces that it has started to purchase equipment to operate M-pesa in Ethiopia projecting to get a license in May. The consortium...
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Gov’t in talks with prospect railway investors
The government has been holding talks with European companies over the privatization of Addis Ababa-Djibouti Railway as part of its plan to privatize state-owned...
