Category: Markets

  • Sudanese Investors Arrive In Arbaminch

    Sudanese Investors Arrive In Arbaminch

    Addis Ababa –Delegation of the visiting Sudanese investors this afternoon arrived in the town of Arbaminch, SNNP regional state. Upon arrival in the town, the delegation was received by heads of Gamo zone, Arbaminch town and Arbaminch Zuria administration. The Sudanese delegation arrived in Ethiopia last week to explore investment opportunities in Ethiopia. The 30-…

  • Ethiopian airlines Earns Over 122b Birr In Revenue

    Ethiopian airlines Earns Over 122b Birr In Revenue

    Addis Ababa–Ethiopian, Africa’s largest airlines, earned 122.14 billion birr in revenue in the concluded Ethiopian fiscal year, which ended July 7. During an annual performance review of the company conducted yesterday, it was noted that the airlines achieved 82% of its annual revenue target, which was 149.72 billion birr. According to the Public Enterprises Holding…

  • Ethiopia: Sudanese Investors Arrive in Gondar to Explore Opportunities in Ethiopia

    Ethiopia: Sudanese Investors Arrive in Gondar to Explore Opportunities in Ethiopia

    ADDIS ABABA. A 22-person-investor delegation is visiting the historical city Gondar with a view to particularly invest in tourism and industry. The delegation was warmly received upon its arrival in Gondar city. According to Ethiopia’s Ambassador to Sudan, Yibeltal Aemro the delegation will as its first destination visit tourist destinations in Amhara Regional State. The…

  • Heavy Rainfall Expected in Ethiopia, South Sudan, Kenya

    Heavy Rainfall Expected in Ethiopia, South Sudan, Kenya

    Addis Ababa — Heavy rainfall above 200 mm is expected in parts of Ethiopia, South Sudan and Kenya in the coming eight days, according to Inter-governmental Authority on Development (IGAD). The press release issued by IGAD Climate Prediction and Applications Center today stated that moderate rainfall from 50-200 mm is also expected from September 22-29…

  • Eritrea: Qualities That Make Successful Eritrean Farmer

    Eritrea: Qualities That Make Successful Eritrean Farmer

    Mr. Oqbay Tela, an exemplary farmer in Gash Barka region, owns a big farm that produces mainly vegetables and fruits. He has become a successful farmer with dauntless efforts and hard work. Unlike many who give up after a few attempts, Mr. Oqbay patiently turned the land that was given to him into fertile land.…

  • Ethiopia: New currency notes will help boost economy

    Ethiopia: New currency notes will help boost economy

    ADDIS ABABA (HAN) September 20. 2020. Public Diplomacy and Regional Stability Initiatives News. Monitoring Regional Issues. The demonetization of the old Ethiopian Birr notes this week will play a crucial role to boost the economy by stabilizing the macroeconomy and controlling illegal money transactions, experts said. In an exclusive interview with ENA, the economist Dr.…

  • truck drivers to cooperate in reducing traffic congestion

    truck drivers to cooperate in reducing traffic congestion

    ADDIS ABABA (HAN) September 20. 2020. Public Diplomacy and Regional Stability Initiatives News. Monitoring Regional Issues.  BY FASICA BERHANE The Addis Ababa Administration Transport Bureau said that the curfew for Importing and moving through heavy vehicles into the city remains the same with fines and suspensions. The bureau has implemented a guideline to limit the…

  • Kenyan police arrest 12 Somali nationals in border region

    Kenyan police arrest 12 Somali nationals in border region

    KENYA- GARISSA (HAN) September 20. 2020. Public Diplomacy and Regional Stability Initiatives News. Monitoring Regional Issues. Kenyan police on Saturday arrested 12 people from neighboring Somalia without valid identification documents along the common border. Garissa divisional police commander Joseph Muriuki said the suspects were being ferried in a Garissa county government vehicle but had the government…

  • Ethiopia: Security Service Seizes 4KG Cocaine

    Ethiopia: Security Service Seizes 4KG Cocaine

    ADDIS ABABA (HAN) September 20. 2020. Public Diplomacy and Regional Stability Initiatives News. Monitoring Regional Issues. The National Intelligence and Security Service (NISS) of Ethiopia yesterday intercepted 4kg cocaine worth $400,000. According to a statement NISS sent to FBC yesterday, it was seized at the Addis Ababa Bole International Airport being transported to Bangkok, the…

  • Kenya’s Amina Mohamed qualifies for next round in race to head WTO

    Kenya’s Amina Mohamed qualifies for next round in race to head WTO

    NAIROBI (HAN) September 20. 2020. Public Diplomacy and Regional Stability Initiatives News. Monitoring Regional Issues. By AGGREY MUTAMBO. The Kenyan candidate in the race for World Trade Organisation (WTO) Director-General post, qualified on Friday for the next round of tests after convincing member states of her capabilities. WTO General Council Chair David Walker announced that…

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