Prime Minister Abiy Ahmed (PhD) has appointed Aklilu Tadesse as new CEO of the Industrial Parks Development Corporation (IPDC), effective October 18, 2022.
Aklilu replaced the outgoing CEO Sandokan Debebe, who has been appointed as State Minister of Planning and Development.
Aklilu has a background in the field of Law (LLB). He has been serving as Head of Prosperity Party Youth League.
Spread the NewsBunna Bank Share Company, among the most profitable banks in Ethiopia, has awarded its customers who received remittance through its formal banking system. The award was given to 31 lucky customers on Thursday at the Headquarters of the Bank located around Bole Rwanda area in Addis Abeba. The award of the Bank forwarded…
Spread the NewsEthiopian Airlines will conduct a demonstration flight of B737 MAX to Kilimanjaro, Tanzania on February 1, 2022. The flight will be scheduled from Addis Abeba to Mount Kilimanjaro and it will be a five hours non-stop flight. Government officials, various stakeholders, and journalists, among others will be on board the demonstration flight. Ethiopian…
Spread the NewsHotel owners have been bracing for difficult years as the sector continues to reel from a drop in bookings caused by the Covid-19 pandemic, according to Addis Abeba Hotel Owners Association. Hotels in Addis Abeba and regions are losing $35 million and $10 million respectively in a month due to the negative effects…
Spread the NewsEthiopian Cargo and Logistics Services, the largest cargo service provider in Africa, is poised to commence domestic cargo flights to Dire Dawa and Jigjiga cities. The thrice-weekly cargo flights from its main hub in Addis Ababa to east Ethiopian cities will start as of August 30, Ethiopian announced on Tuesday. The announcement comes…
Spread the NewsDashen Bank, among the most profitable banks in Ethiopia, has reported an annual profit of 2.4 billion Birr before tax during the financial year concluded on July 2021. Dashen mobilized 21.1 billion Birr in deposits, and its total deposit has reached 74.6 billion Birr, which registered 39.4 percent increase from last year’s performance,…
