Irrecha Thanksgiving Festival to Creator for All He Has Done for Creatures: Abba Gadaas
Addis Ababa: Irrecha is a festival of Thanksgiving where the Creator is praised for everything he has done for the creatures, Abba Gadaas said.
The Abba Gadaa/Abba Bokkuu is the leader known for his duties as a father or keeper of Gadaa in power.
Cu…
Development Partners Express Continued Support for Ethiopia’s Reform Agenda
Addis Ababa: The Government of Ethiopia, in collaboration with the Development Partners Group (DPG), held a high-level meeting in Addis Ababa to discuss the country’s ongoing macroeconomic reforms and their impact on fiscal and monetary policies.
Thi…
Chinese Guangzhou Wondo Biotech to Invest in Ethiopia’s Industrial Park
Addis Ababa: A Chinese company that produces 200 million medical test kits annually has expressed interest to invest in Ethiopia’s kilinto Industrial Park.
CEO of Industrial Parks Development Corporation, Fiseha Yitagesu welcomed the representatives …
PM Abiy Says Nation Observing Stable Forex Regime
Addis Ababa: Prime Minister Abiy Ahmed revealed that, since the implementation of the macroeconomic policy reforms, Ethiopia has observed a stable Forex regime.
The macroeconomic committee met this morning to review the performance of the new macro p…
Ethiopia Holds Global Investors Call to Present Update on Ongoing Economic Reforms
Addis Ababa: The government of Ethiopia held a global investors call with its Eurobond holders on October 1st, 2024.
Ethiopia successfully hosted a Global Investors Call, bringing together key stakeholders and investors to discuss Ethiopia’s macro- e…
Central Bank Grants Operational Licenses to Five Non-bank Forex Bureaus
Addis Ababa: The National Bank of Ethiopia (NBE) announced today that it has granted operational licenses to five non-bank Forex bureaus.
In a statement, the central bank disclosed that these five companies applied for licenses and fulfilled the mini…
Water Dev’t Projects in Borena Zone of Ethiopia Altering Pastoralists from Aid Recipients to Produces
Addis Ababa: Water development programs implemented in Borena Zone of Ethiopia’s Oromia Regional State has catalyzed the transformation of local pastoralists from aid recipients to produces.
It is to be recalled that the recurrent drought that has pr…
Ethiopian Airlines to Commence Five New Int’l Destinations During Current Fiscal Year
Addis Ababa: Ethiopian Airlines Group has announced plan to significantly expand its global reach by adding five new international flight destinations to its network during the current fiscal year.
CEO of Ethiopian Airlines Group, Mesfin Tassew outli…
Ethiopia’s Macroeconomic Reform More Succesful than Many Countries: Finance Minister
Addis Ababa: Finance Minister Ahmed Shide said that Ethiopia’s macroeconomic reform efforts have achieved greater success than that of many other nations.
A macroeconomic team chaired by Prime Minister Abiy Ahmed assessed in detail the performance of…
Ethiopia Registers 8.1 Percent Economic Growth During Concluded Fiscal Year
Addis Ababa: Ethiopia has registered 8.1 percent economic growth during the concluded Ethiopian Fiscal Year, Planning and Development Minister Fisum Assefa revealed.
The macroeconomic committee met this morning to review the performance of the new ma…