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Gov’t consults mitigating drought impacts in pastoralist areas
Spread the NewsGovernmental agencies along with pastoralists will consult on the ways to mitigate the impacts of drought in Afar and Somali regions as well as Borena zone in Oromia region. The consultation is expected to be conducted during the 18th edition of Pastoralists’ Day to be held in Adama on January 25. Roba Turchie,…

Oromia Bank, bureau agree to work on payments
Spread the NewsThe recently rebranded Oromia Bank and Oromia Water and Energy Resource Development Bureau signed a Memorandum of Understanding (MoU) to work on collection of payments. The agreement has been signed by Woldie Bulto, Vice President of Oromia Bank and Million Bekele (Engineer), Head of Oromia Water and Energy Resource Development Bureau. The agreement…

Government retenders Ethio Telecom’s 40% stake
Spread the News-Invites companies to present expression of interest for second license The Federal Government of Ethiopia today floated a tender that would enable it to partially privatize the state owned Ethio Telecom. In a press conference held today officials of the Ministry of Finance disclosed that international firms can submit their proposals for the…

Prime Minister Abiy addresses MPs on range of issues
Spread the NewsPrime Minister Abiy Ahmed (PhD) has responded to the quests made by the Members of the Parliament (MPs) on Tuesday, June 14, 2022. He addressed a range of matters raised by the MPs. “Context is a key understanding the challenges we have faced as a nation. The Covid-19 pandemic, the war in the…

Ethiopia seeks 1 trn Birr for recovery, reconstruction
Spread the NewsBy Yared Nigussie The government disclosed that estimated cost of reconstruction and recovery for Ethiopia in the aftermath of the war that has been actively held for two years amounted at least 1 trillion Birr. Ethiopia’s federal government and regional forces from Tigray agreed last week Wednesday, November 2, 2022 to cease hostilities…

Ethiopia earns $1.28 bln in four months
Spread the NewsMinistry of Trade and Regional Integration announced Wednesday that Ethiopia has earned $1.28 billion from the export of different commodities in four months. The Ministry initially planned to secure $1.31 billion. Agriculture and manufacturing products and service sector activities generated an income of $904, $157 and $188 million, respectively, according to Gebremeskel Challa,…