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Gov’t pledges to fix security dilemmas for miners
Spread the NewsMinistry of Mines has pledged to facilitate activities to resolve security threats that gold miners, who are working in Benishagul-Gumuz region have been facing. Accompanied by Ashadli Hassan, President of Benishangul Gumuz region, Takele Uma, Minister of Mines visited gold miners in Kurmuk in the region on Tuesday. After the visit Takele held…

Ethiopian Airlines, IGAD sign MoU
Spread the NewsEthiopian Airlines, the largest airline in Africa andIntergovernmental Authority on Development (IGAD), signed a Memorandum of Understanding. The MoU was signed with the purpose of providing a framework on the provision of Ethiopian Airlines products and services to IGAD. Per the MoU, Ethiopian Airlines will also provide hospitability services to IGAD at Ethiopian Skylight Hotel and assign a dedicated team…

Hawassa Industry Park searches alternative markets to mitigate the impact of AGOA withdrawal
Spread the News-Exports 32 million dollar worth of garment in five months By Kaleyesus Bekele Manufacturing companies that are operating in the HawassaIndustrial Park are looking for alternative markets to mitigate the adverse impacts of Ethiopia’s withdrawal from the US AGOA trade opportunity. Africa Growth and Opportunity Act (AGOA) is a trade opportunity that the US government granted Sub-Saharan-African countries to export their products free of tax and quotato…

Cabo Verde became another state to deposit agreement establishing AfCFTA
Spread the NewsThe Republic of Cabo Verde became the forty-first (41st) State Party to deposit the instrument of ratification of the Agreement Establishing the African Continental Free Trade Area (AfCFTA). On behalf of the Chairperson, the Office of the Legal Counsel received the instrument from Secretary of State of Foreign Affairs and Cooperation of Cabo…

Abay Insurance amasses gross profit of over 75.56 mln Birr
Spread the NewsAbay Insurance S.C has registered a gross profit of over 75, 564 million Birr from general insusrance business in the concluded fiscal year on June 2021. The profit shows a 10.8 percent increment from the previous year performance of over 68,175 million Birr, according to the statement issued by the Insurance company. Abay’s…

Zemen Bank amasses gross profit of 1.2 bln Birr
Spread the NewsZemen Bank announced Saturday that it has amassed a gross profit of 1.2 billion Birr in 2020/2021 fiscal year, which was concluded in July 2021. Zemen’s total asset also reached 25.2 billion Birr as of July 2021, which has registered a 36.66 percent higher than the previous year figure. As of July2021, its…