Etiopia

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Today, Africa has emerged from this dark path. Our Armageddon has passed
— Haile Selassie I
Etiopia
  • Business: Climate change deepening Horn of Africa's hunger crisis, Oxfam says

    Climate change is making drought and humanitarian disasters worse in the Horn of Africa, Oxfam said on Thursday, ahead of a major climate march in Washington to coincide with the first 100 days of the Trump administration.

  • Renewed fighting causes thousands to flee from Jonglei, South Sudan

    Source: UN Office for the Coordination of Humanitarian Affairs Country: South Sudan, UgandaAs government offensive swept through multiple villages in the second week of April, preliminary estimates indicate up to 100,000 people displaced, many of whom were previously displaced in February. HIGHLIGHTS • Humanitarian Coordinator calls on armed actors to uphold their responsibilities ...

  • Central Bank Fair Game for Its Fallout With Native Ethiopians

    [Addis Fortune] I am an Ethiopian by origin with a different nationality now. Despite my interest, I have no investment so far in any of the financial institutions in Ethiopia, which were instructed by the National Bank of Ethiopia (NBE) to auction shares held by Ethiopians of foreign nationalities.

  • UNICEF launches vaccination campaign against measles in Somalia

    Source: UN Children's Fund Country: SomaliaThe Baidoa campaign is part of an effort to vaccinate about 110,000 displaced children under five across south-central Somalia, plus 250,000 children in Somaliland, by the end of May.UNICEF and partners conduct lifesaving vaccination campaign BAIDOA, Somalia, 25 April 2017 – Almost 30,000 young children, many of ...

  • NBE Tells CBE to Stay Away from Project Finance

    The National Bank of Ethiopia (NBE) has urged the state-owned giant, Commercial Bank of Ethiopia (CBE), to focus on providing working capital, leaving project financing to the state policy bank,…

  • Donkey Abattoir Still in Business Despite Ban

    Despite a ban from the Bishoftu city administration, Shandong Dong, the first donkey slaughterhouse in Ethiopia, is carrying on with the business until the stock of donkeys it has already…

  • New policy to reform coffee trade

    ECX, traceability, sustainability, quality focus of changes   A document drafted by a group of 20 people representing the public and private sector, and refined by an institution called Economy Success Planning Sector, formed under the Office of the Prime Minister and led by Arkebe Oqubay (PhD), which attempted to ...

  • Doraleh Port opens for business

    The state of the art logistics facility, Doraleh Multipurpose Port (DMP), has officially commenced operation since it hosted Eukor Asian Captain Vessel on the night of April 16 in the presence of Djibouti government officials. The huge port facility was completed in March to provide a service for all types ...

  • Five bars closed for Shisha Sales

    Five bars and lounges near Bole area were closed for selling Shisha at night under the auspices of violating trade regulations. Jubilee in Haya Hulet, DC Lounge, Sunses, VIP and Robio were allegedly using illegal receipts to bill people for smoking Shisha. According to the Bole Wereda 3 Trade Office, ...

  • The G20’s Time for Climate Leadership

    At the start of 2016, the United States was well positioned to lead the global fight against climate change. As the chair of the G20 for 2017, German Chancellor Angela Merkel had been counting on the US to help drive a deep transformation in the global economy. And even after ...

  • Ethiopia's Progress in Human Development

    [Ethiopian Herald] It is more than quarter of a century since the first Human Development Report (HDR) introduced a new approach for advancing human development progress. It is basically about expanding the richness of human life, rather than simply the richness of the economy in which human beings live. It ...

  • Boosting Export for Currency Earning

    [Ethiopian Herald] Agriculture is the mainstay of the Ethiopia's economy and plays a crucial role in creating employment opportunities for about 80 per cent of the population. It contributes 45 per cent for the Growth Domestic Production. And it is also the largest export earner with a share up to ...

  • Ethiopia's FM Spokesman - Bashir Led Sudanese-Ethiopian Relations to Current Pinnacle of Cooperation and Coordination

    [SudaNow] Ethiopia Ministry of Foreign Affairs has commended the role played by President Bashir in cementing relations between the two countries, saying the name of president Bashir would be remembered as having led the relations between Khartoum and Addis Ababa to the pinnacle of cooperation and coordination.

  • Sabir Argaw Seeks Enforcement to Buy Foreign Partners Out of Repi

    Sabir Argaw, one of Ethiopia’s prominent businessperson with diversified interests under AL-SAM Plc, has filed civil suit taking his foreign partners to the Federal High Court, claiming an enforcement of…

  • Business & politics

    It was common to warn business operators not to get entangled in politics, but that was then, when the old saying ‘business and politics don’t mix’ still had some currency. The clear intent to delineate the callings of the private sector from that of the public sphere i.e., the state ...

  • Name: Mekdes G/ Wolde Education: BA in Marketing Company: Headlights Events Studio Title: Owner and manager Founded: 2016 What it does: Organize events HQ: Mexico Square Number of employees: 8 Startup capital: 50,000 birr Current capital: Growing Reasons for starting the business: To live a meaningful life Biggest perk of ...

  • Warehousing Enterprise to re-merge with ECX

    The Ethiopian Agricultural Commodities Warehousing Service Enterprises (EACWSE), which spun-off from the Ethiopian Commodity Exchange (ECX) about 31 months ago, will reunite with its mother organization by July 1, 2017. The government was expecting agriculture to bring in a staggering amount of export revenue however things did not go as ...

  • Religious Leaders Urge the Youth to Strive Towards Nations' Dev't

    [Ethiopian Herald] The youth of Ethiopia that make up the majority of the country's population should gear up to assume the responsibility of leading this country to prosperity as they are the major driving engines of any developing economy, urges religious leaders.

  • Jailed Journalist and Opposition Politician Find Neither Justice Nor Clear Prison Jurisdiction to Host Both

    [Addis Standard] Addis Abeba -Jailed Ethiopian journalist Elias Gebru and former opposition party leader Daniel Shibeshi say prison officials at the Bole Sub City detention facility, where they have been held for the last five months without charges, have told them that they are neither able to bring them to ...

  • 12,000 MW - Continuation of Ethiopia's Energy Progress

    [Ethiopian Herald] It is an internationally recognized fact that Ethiopia has managed to register all rounded political and economic development which has laid the foundation to become a lower middle income country in the near future. Huge foreign and local investments in various key areas like vast manufacturing and industry ...

  • Great Lakes Region set back by re-emergence of violent, non-State armed groups - UN envoy

    Source: UN Security Council Country: Democratic Republic of the CongoDespite progress in implementing the 2013 Peace, Security and Cooperation Framework, the persistent activities of illegal armed groups remain a major challenge to security in the region.SECURITY COUNCIL 7923RD MEETING (PM) SC/12792 12 APRIL 2017 Democratic Republic of Congo Representative Recounts Extradition of Ex-Fighters Africa’s ...