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Commercial Bank of Ethiopia introduces three months debt relief

borkena April 16, 2020  Commercial Bank of Ethiopia is giving three months debt relief  for its clients who are paying a townhouse mortgage, and who are...

Ethiopian Airlines CEO says $550 mln loss in revenue,no permanent employee laid off

Ethiopian Airlines CEO says no permanent employee is laid off despite loss of $550 million in revenue due to Coronavirus pandemic borkenaApril 7, 2020...

Ethiopia privatizing six sugar factories by the end of next month

Metehara Sugar Factory. Photo credit : Ethiopian Reporter borkena February 21, 2020 Ethiopia's Ministry of Finance disclosed on Friday that it is working on...

TAF Oil to supply aviation fuel to Ethiopian Airlines

borkenaJanuary 28, 2020 TAF oil inaugurated on Tuesday a 450 birr worth of oil depot in the capital Addis Ababa.   The installation is located within...

Ethiopian Commodity Exchange (ECX) traded 5.12 billion birr worth commodities in December

borkenaBy Tesfa-Alem TekleJanuary 10, 2020 (ADDIS ABABA) – The Ethiopian Commodity Exchange (ECX) on Friday disclosed that it has traded a total of 101,...

Chinese Firm to Install Modern Traffic Control Systems in Ethiopia’s Capital

borkenaBy Tesfa-Alem TekleJanuary 3, 2020 (ADDIS ABABA) – Ethiopia on Wednesday signed an agreement with a Chinese giant company to construct a modern traffic...

Ethiopia Pushes to Boost Foreign Direct Investment inflows

borkenaBy  Tesfa-Alem TekleJanuary 2, 2020  (ADDIS ABABA) -Ethiopia on Wednesday said it has established an integration platform to arrest problems encountering the horn nation to...

Saudi Billionaire Al-Amoudi’s company building biggest cooking oil factory

With the construction of a 4 billion birr worth of Sheger cooking oil factory in Addis Ababa, Ethiopia aims to minimize a bit of...

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