Day: July 29, 2024
Neighboring Military Officers Laud Ethiopia’s Commitment for Continental Peace, Security
Addis Ababa: Neighboring African military officers emphasized Ethiopia’s exceptional contribution to the continent’s peace and security, which goes back to the African liberation movement.
Defense War College of Ethiopia graduated military officers f…
Ethiopian National Dialogue Commission Kicks Off Agenda Gathering in Gambella
Addis Ababa: The Ethiopian National Dialogue Commission has initiated the agenda gathering process in Gambella region, engaging with representatives from various segments of society.
Over 1,300 participants, comprising representatives from all zones,…
Nat’l Bank of Ethiopia Announces Major Revision on Country’s Foreign Exchange
Addis Ababa: Following up on the Government’s recent statement regarding Ethiopia’s economic reform program, the National Bank of Ethiopia (NBE) announced a major revision of the country’s foreign exchange (FX) system effective immediately.
The refor…
Strive for ??Eco Industrial Park Excellence in Kombolcha Industrial Park Encouraging
Addis Ababa: Industrial Parks Development Corporation CEO, Fisseha Yitagesu stated that the strive for ??Eco Industrial Park excellence in Kombolcha Industrial Park is encouraging.
During his visit, the CEO observed the current operational activities…
Ethiopian Airlines Achieves Significant Growth in Line with Vision 2035
Addis Ababa: Ethiopian Airlines, Africa’s leading carrier, has reported substantial growth and expansion during the 2016 Ethiopian Fiscal Year, aligning with its ambitious Vision 2035.
Ethiopian Airlines Group generated revenue of 7.02 billion USD, a…
Housing Corporation Signs MoU With Global Trade and Finance to Boost Housing Dev’t in Ethiopia
Addis Ababa: Federal Housing Corporation has signed a Memorandum of Understanding (MoU) with the Global Trade and Finance to collaborate on housing development initiatives in Ethiopia.
The agreement was formalized by Federal Housing Corporation CEO R…
Chinese Journalists Enthralled with Development in Ethiopia, Ethio-China Closest Partnership
Addis Ababa: Journalists from People’s Daily, a leading Chinese national newspaper, have been thrilled by Ethiopia’s development endeavors and the sound partnership between the two countries.
These journalists, who are recently in Ethiopia, have been…
IMF Approves Four-Year 3.4 Billion USD Extended Credit Facility Arrangement for Ethiopia
Addis Ababa: The International Monitory Fund (IMF) executive board has approved a four-year 3.4 billion US dollars extended credit facility arrangement for Ethiopia.
The four-year financing package will support the Homegrown Economic Reform (HGER) Ag…