Agency Bags 55 Billion in Profit
Twenty-one enterprises under the Public Enterprise Holding & Administration Agency earned 55 billion birr before tax in the last Ethiopian fiscal.The profit was obtained...
Facebook Introduces Program To Support Small Businesses In Ethiopia
Summer Media, Addis Ababa-based media firm, has launched a program, "Boost with Facebook," to provide free training for small businesses aiming to support their...
U.S. Extends Military Support to Ethiopia
The United States Department of Defense provided 2.9 million dollars’ worth of training and equipment to the Ethiopian National Defense Forces (ENDF) to support...
Benishangul Gumuz Removes Officials for Negligence Following Ethnic Attack
Benishangul Gumuz Regional State has removed the Security chief, Special Force Commander, Deputy Police Commissioner, and 42 other high-ranking officials in the region, citing...
Government Quietly Imposes New Cash Limit on International Travelers
The Government of Ethiopia has put a new restriction on the foreign currency that travelers may bring into Ethiopia.Foreign passport holders are now only...
Addis Gets its Own Angel Investors Network
A group of individual investors whose aim is to promote Ethiopia's economic development and sustainability has founded Addis Ababa Angel Investors Network.The Network that...