The Japanese government has granted 4.4 million Birr to support an expansion project of a Medical Worker Vocational Training facility in Somali region. The grant agreement has been signed at the residence of the Japanese Ambassador between Ito Takako, Ambassador Extraordinary and Plenipotentiary of Japan to Ethiopia and Executive Director of Human Concern Organization, Dr….
Adanech Abiebie, Mayor of Addis Abeba has inaugurated the first modern road project covering the area from Sarbet – Alexander Pushkin Square – Gofa Mazoria to the end of the Gotera Interchange on Monday. The new road is located in Nifas Silk Laphto District. Jantirar Abay, Deputy Mayor of Addis Abeba, Ahmed Shide, Minister of…
Prime Minister Abiy Ahmed (PhD) has inaugurated Dire Dawa Free Trade Zone on Sunday. Dire Dawa is selected to host the free trade zone due to its proximity to ports, market potential, huge cargo gravity and suitability for multimodal transport and logistics operation. Increasing import substitution and export revenue, job creation, and skill transfer are…
Kacha Digital Financial Services Share Company (S.C.) said that it is finalizing preparatory activities to launch Sharia-compliant financial services. Yigermal Mesesha, Marketing and Business Development Manager at Kacha Digital Financial Services S.C. told Origins Business that the services are mainly intended to ensure financial inclusion of the Muslim community. Kacha is Payment-Instrument Insurer Company and…
Yonas Bekele, Expert at the United Nations Economic Commission for Africa’s (UNECA) Private Sector Development and Finance Division, urged on Friday that Ethiopia take advantage of the opportunities created by the African Continental Free Trade Agreement (AfCFTA) to unlock the potential of its tourism sector. A majority of African nations have agreed and ratified AfCFTA,…
DHL Ethiopian Airlines Logistics Services, a joint-venture between DHL Global Forwarding (DGF) and Ethiopian Airlines, specialising in air, ocean and road services, has opened a container freight station in Ethiopia. The 800 sqm facility is at Modjo Dry Port, close to the capital, Addis Abeba. Its opening coincides with DGF obtaining a container freight station…
Commercial Bank of Ethiopia (CBE) has raised salary and bonus bar for its staffs and co-workers of Commercial Nominees following its record gross profit 27.5 billion Birr in the concluded Ethiopian fiscal year. The Bank has extended its gratitude to staffs for tremendous results achieved. The bonus and salary increment is being implemented in a…
Recently appointed Ethiopian Airlines chief executive Mesfin Tasew has embraced the ‘Vision 2035’ roadmap introduced by his predecessor Tewolde GebreMariam in 2019, as he aims to keep the carrier on an aggressive growth path. Speaking during July’s Farnborough air show, Tasew says the roadmap is “tailored around fast, profitable, sustainable growth” and will involve a…
KYIV, Aug 11 (Reuters) — Ukraine expects a ship to arrive on Friday to load grain for delivery to Ethiopia under a deal brokered by the United Nations and Turkey, the country’s infrastructure minister said on Thursday. “Thanks to the Black Sea Initiative we are ready to load more than 23,000 tons of grain and…
A survey commissioned by Addis Chamber of Commerce and Sectoral Associations (AACCSA) has recommended boosting Ethiopia’s fruits export earnings through resolving the challenges in the sector. Fruits production and processing sector has been challenged by various problems, which have lagged the sector’s performance behind its potential compared to other countries. AACCSA has organized a meeting…
