CBE’s deposit exceeded 25pct beyond the plan for the fiscal year
Commercial Bank of Ethiopia’s deposits have reached almost 452 billion birr from the 364.8 billion birr in the preceding fiscal year. ADDIS ABABA (CBE) The Commercial […]
Month: September 2018
Ethiopia revokes land leases for al-Amoudi and other investors
A total of 412.6 hectares of land, that were leased to Ethio-Saudi billionaire Mohammed al-Amoudi and other investors, have been returned to Addis Ababa office after […]
VIDEO: Mobile money revolution hits Ethiopia
Amid the rapid growth of mobile money services, Ethiopia’s M-Birr wants to achieve the same sort of ubiquity as Kenya’s M-Pesa, bringing financial services to […]
VIDEO: Innovative investment transforms lives in Ethiopia
A pioneering partnership with IKEA Foundation turns a parched desert into valuable agricultural land for refugees and locals in Ethiopia’s remote Somali region. By Vania Barbara […]
Addis Ababa University receives over USD3.5 million award for Health Professional Education Partnership Initiative (HEPI) through the US government fund
The Health Professional Education Partnership Initiative (HEPI) complements and enhances the training of a workforce to meet the biomedical, behavioral and clinical research needs in […]
AddisCoder: Exposing Ethiopian high school students to principles of algorithms
AddisCoder, a free, four-week summer program in Addis Ababa, introduces high school students from around the country to the principles of programming and algorithms. (Harvard […]
IMF staff end-of-mission statement on Ethiopia: preliminary findings
An International Monetary Fund (IMF) staff team led by Mr. Julio Escolano visited Addis Ababa from September 10 to 26, 2018 to conduct the 2018 […]
Turkey restores historic Al-Nejashi mosque in Ethiopia
The Al-Nejashi Mosque was established in the 7th century by Muslim refugees who escaped persecution in Mecca and fled to the then Aksumite Kingdom By […]
Hyatt to open first Ethiopia hotel as Africa, China travel grows
While Hyatt will open its first hotel in Addis Ababa by the end of 2018, the hospitality company is also looking into opening outlets in […]
The Global Green Growth Institute to open regional office in Addis Ababa
ADDIS ABABA (GGGI)–The Federal Democratic Republic of Ethiopia and the Global Green Growth Institute (GGGI) signed a Host Country Agreement (HCA) to open a regional office for Africa […]