Development Bank of Ethiopia registers a record profit of Birr 1.13 billion
ADDIS ABABA (DBE) – Development Bank of Ethiopia (DBE) has registered outstanding net profit in the fiscal year 2019/20. Its total income generated is Birr […]
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Investing in rural people in Ethiopia ― IFAD
IFAD’s strategy helps rural people in Ethiopia raise their incomes and improve food security, as well as increases their contribution to the country’s economic development. […]
TDB donates $100,000 in Made-in-Ethiopia masks to Ethiopian healthcare workers to fight COVID-19
ADDIS ABABA (TDB) – As part of TDB’s Covid-19 Emergency Response Program (CERP), the Eastern and Southern African Trade and Development Bank (TDB) has donated […]
Yene Guzo ― internet-based automatic ticketing and fare collection platform by Kifiya
Yene Guzo is an innovative digital solution to introduce electronic ticketing and fare payment system introduced in Ethiopia ADDIS ABABA (Semonegna) – Ethiopia’s transport sector […]
New bank aimed at providing loan for housing construction set to enter market
New financial institution, named Goh Betoch Bank, which aims to reintroduce mortgage banking loan for housing construction has set to sell shares to the public. […]
The Mastercard Foundation MSE’s Resilience Facility to support businesses in Ethiopia affected by COVID-19
ADDIS ABABA (Mastercard Foundation)– Mastercard Foundation, in partnership with the Jobs Creation Commission and First Consult, has announced the creation of the Mastercard Foundation MSE’s […]
The United States provides over $37 million to Ethiopia for COVID-19 response
Since the outbreak began, the United States has provided over USD 37 million to help Ethiopia, respond to COVID-19 and save lives ADDIS ABABA (U.S. […]
UNDP, MinT and the tech community in Ethiopia collaborate to curb COVID-19
ADDIS ABABA (UNDP Ethiopia) – The United Nations Development Programme (UNDP) has signed a Memorandum of Understanding (MoU) with Ministry of Innovation and Technology (MinT) […]
IFC and FMO partner with Habesha Breweries in Ethiopia to increase local barley sourcing
ADDIS ABABA (FMO) – IFC, a member of the World Bank Group, and FMO announced, on 24 December 2019, a €50 million loan to Habesha […]
Ethiopia and IFAD to help families adapt to climate shocks in new multi-million dollar project
A financing agreement for the Lowlands Livelihood Resilience Project was signed by the representatives of IFAD and Ethiopia in Rome. ROME, Italy (IFAD) – Half […]