bussines news

The winners of the 30th Nation’s Bank of the Year 2023 have been revealed by Global Finance.For the second year in a row, Awash Bank has been named the most outstanding bank in Ethiopia. The prize will be presented to Awash Bank at the World Bank General Assembly on October 14/2023 in Karachi, Morocco. Source: …

Global Finance has announced the winners of the 30th Nation’s Bank of the year 2023 Read More »

China wants to further strengthen its relations with the African Union, said Hu Changchun, Ambassador of the Chinese Mission to the African Union. The 60th anniversary of the Organization of African Unity and the African Union Day was celebrated under the auspices of the Chinese Mission to the African Union. According to Hu Changchun, Ambassador …

«China wants to strengthen its relations with the African Union» Ambassador Hu Changchun, Chinese Mission to the African Union Read More »

ADDIS ABABA, Sept. 12 (Xinhua) — An artwork by Ethiopian teenager Abigail Berhanemeskel has won second prize in the “My Dream” painting competition, which aimed to promote people-to-people exchanges and cooperation in space exploration between China and Africa. Her colorful art piece, Titled “Her Hope,” was one of 2,000 artworks created by African teenagers who …

Ethiopian Girl Excels at Contest That Depicts Dreams via Drawings, Space Read More »

The Ethiopian Capital Markets Authority (ECMA) focuses on setting up local currency bond markets with an estimated budget of around 1.5 million dollars, signing a four-year technical assistance program with the International Finance Corporation (IFC) Source: Fortune

Apple introduced the next-generation iPhone 15 today. The newly announced models are said to have a USB Type-C charger port unlike the previous ones. It is recalled that according to the law approved by the European Union, all phones manufactured by the member countries must have the same USB port. Source: Ethiopianbusinessdaily

Ethiopia orders 1.5 million passports to clear citizen backlog New Director vows to clear 300,000+ passport application backlog within a year The Ethiopian Immigration Service (EIS) has placed the country’s largest passport order in years – a whopping 1.5 million new documents from manufacturers in Paris. Around 190,000 passports have already arrived in Ethiopia over …

Ethiopia orders 1.5 million passports to clear citizen backlog Read More »