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Federation Caught Offside with Questionable Jersey Deal
By Feysel Zakir When the Ethiopian Football Federation announced last month that it would be purchasing jerseys for the national team from a manufacturer in Turkey, it rightfully drew widespread criticism from football stakeholders in Ethiopia. On the surface, spending hundreds of thousands of dollars on overseas kits seems contradictory to both sound economic management […]
Ministry Extends Registration Deadline for Khat Exporters
The Ministry of Trade and Regional Integration has extended the registration deadline for exporters of khat to renew their export licenses. In early N
Goh Betoch Bank Surpasses Billion Birr Loan Milestone, Commercial Loans Dominate Portfolio
In a remarkable achievement, Goh Betoch Bank, Ethiopia’s first private mortgage bank, has announced that its loan book has exceeded the billion
World Bank and IMF Grant $4.5 Billion Debt Relief to Somalia
In a historic move, the Executive Boards of the International Monetary Fund (IMF) and the World Bank’s International Development Association (ID
EthSwitch Launches National Payment Gateway
Ethiopia’s digital payment landscape received a major boost today with the launch of the National Payment Gateway (NPG) by EthSwitch. At an even
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National Mourning as Landslide Victims Estimated Over 500 in Ethiopia’s Deadliest
Ethiopian parliament has declared three days of national mourning following a deadly landslide in th
HIV Drug Shows 100% in African Trial
A drug used to treat HIV has proved 100 percent effective at preventing infection in a major clinica
IMF Board to Meet July 29 on Loan Program for Embattled Ethiopian Economy
By Yared Seyoum The “unusual” board session comes before the IMF has announced reaching a staf
Awash Bank Profits Surge as Loan Book Growth Hits Record High
Awash Bank has announced double-digit profit growth for the recently concluded fiscal year, driven b