Tuesday, November 12, 2024
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Ethiopia’s multidimensional poverty rate...

A recent briefing from the Oxford Poverty and Human Development Initiative (OPHI) highlights the...

National Dialogue Commission urged...

The National Dialogue Commission (NDC), established nearly three years ago in response to the...

Kenya saves $10 Million annually from Ethiopian electricity imports

Kenya saved USD 10 million in a single year due to electricity supplies from neighboring Ethiopia. Since late 2022, Kenya has been tapping into 200MW of renewable energy through a 1,045 km High Voltage Direct Current (HVDC) line connecting Suswa, Kenya, to Wolayta-Sodo, Ethiopia. A recent panel discussion in Washington, DC, held as a side event during the World Bank and International Monetary Fund annual meeting from October 21 to 26, highlighted the benefits of this affordable energy supply for Kenyans. Wendy Hughes, the World Bank Regional Director for Infrastructure for Eastern and Southern Africa, stated that regional power trade is a critical reform area that can lower electricity costs and enhance supply reliability. “Regional cooperation and harmonizing transmission pricing within power pools will help countries access reliable, affordable electricity,” the Regional Director explained during her presentation. At the...

IMF revises Ethiopia’s inflation...

The International Monetary Fund (IMF) has revised its inflation forecast for the 2024/25 year,...

Hibret Insurance reports strong...

Hibret Insurance, celebrating three decades in the insurance industry, has announced impressive results for...
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Pre-fab manufacturing plant set to revolutionize...

A new manufacturing plant dedicated to producing pre-fabricated building materials is set to transform Ethiopia's construction sector. The Federal...

Ethiopian Securities Exchange set to launch...

The Ethiopian Securities Exchange (ESX), a significant milestone in the country's financial landscape, is slated for official launch at...

RELEARNING HISTORY

Seventy years ago, the most devastating war in human history came to an end, at a cost of over...

WHITE SWANS...

About a decade ago the idea of encountering a ‘black swan’ was again brought to mainstream discourse by Nassim...

BLOCKCHAIN

Blockchain or Block Chain was introduced to facilitate the transaction of the now popular crypto-currency ‘bitcoin.’ It is a...

The Washington...

For decades, the Washington Consensus has been heralded by the IMF and the World Bank as the magic formula...

The Great Ethiopian Run:...

In an exclusive interview, we sit down with the legendary Haile Gebrselassie, the founder of the Great Ethiopian Run and Dagmawit Amare, General Manager of the Great Ethiopian Run to discuss their journey and the profound impact of this iconic event on Ethiopia’s running culture and community. Since its inception in 2001, the Great Ethiopian Run has not only become a celebration of athleticism but also a platform for social change, charity, and national pride. Haile shares the inspiration behind establishing this prestigious race following his Olympic success and reflects on how his vision has evolved over the years. He emphasizes the importance of running as a cultural cornerstone in Ethiopia, highlighting its role in uniting people and fostering future generations of athletes. As we explore the race's contributions to local communities, Haile discusses the significant funds raised for charitable causes...

Transforming Urban Mobility

In an era where electric mobility is rapidly transforming urban landscapes, Yuma Sasaki, the Founder and CEO of Dodai, stands at the forefront of this revolution in Ethiopia. With a rich background in renewable energy and e-mobility, Yuma Sasaki has dedicated his efforts to harnessing Ethiopia's vast renewable resources to create a sustainable transportation network. This interview digs into his inspiring journey, the vision behind Dodai, and the innovative strategies being implemented to overcome challenges in the electric mobility sector. As we explore Yuma Sasaki's insights, we will uncover how Dodai aims to establish a battery-swapping network that not only enhances accessibility to electric vehicles but also contributes significantly to job creation and economic growth in Ethiopia. With plans to partner with Ethiopian Investment Holdings and establish hundreds of battery swap stations, Dodai is poised to make a lasting impact...
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Garden Dairy

Garden Dairy is small enterprise that was established as a small milk retail business in late 2019 in southern Addis Ababa. It is now an enterprise engaged in dairy processing, wholesale, and retail trade business. Garden dairy needs to recruit qualified consultant to develop Organizational manuals particularly, HR manual, Financial and Logistics & Procurement manual and organize training for staffs to understand the manuals.  Specific Objectives of this assignment are: To Develop HR manual To develop Financial management manual To develop Logistics & Procurement Manual Organize one day Training for concerned staffs to fully understand the manuals Criteria The applicants to go through this selection criteria would...

EXTERNAL VACANCY ANNOUNCEMENT

The South African Embassy in Addis Ababa invites applicants for the following positions:  Post Description: Secretary                          (LRP 5 ADDP1501 & ADDP1503)   POST TITLE: SECRETARY REQUIREMENTS FOR A SECRETARY An appropriate diploma in Secretarial Science from a well-recognized College or Institution with a minimum of five years relevant experience Computer skills such as Word Processing, Excel, Power Point, and Internet as well as operating of a photocopy machine is essential. Must be physically fit, healthy, sober, neat and presentable. Must be comfortably conversant with the English language, both verbal and written Applicants should have no police or criminal record. MAIN TASKS OF A SECRETARY Maintain diaries and manage appointments. Receive visitors...
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Mahmoud Ahmed to conclude musical journey with grand final concert

Veteran Ethiopian singer Mahmoud Ahmed, renowned for his profound contributions to music over the past five decades, is set to hold his final concert at Millennium Hall in Addis Ababa. This highly anticipated event will feature a selection of prominent artists who will perform in tribute to the legendary vocalist. The concert's coordinating committee, which includes notable figures such as...

China-Africa photo and video competition holds award ceremony, welcomes African winners to Beijing

The award ceremony of the "My Chinese Story" China-Africa Photo and Video Competition was held in Beijing on Nov. 1. Diplomatic envoys from nearly 30 countries to China, such as Egypt, Republic of the Congo, and Central African Republic attended the ceremony and gave high credit to the competition. "The friendship between China and Africa needs no elaborate words; our bond...
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The Complex Interplay of...

Gold is one of the most valuable natural resources in the world, driving significant economic activity and wealth generation....

GDP Growth Numbers Vs...

Gross Domestic Product (GDP) growth is often heralded as a key indicator of a country’s economic success. In many...

Economic Development with Human...

Economic development is often seen as a positive force, driving progress, raising living standards, and fostering innovation. However, while...

How to Bet on...

Football betting in Ethiopia has increased multifold and has been a source of fascination for many people, making good...

The Rising Popularity of...

Casinos have long been a symbol of excitement, luxury, and high-stakes entertainment. Across the globe, these establishments provide a...

Exploring New Blockchain Solutions...

As cryptocurrency continues to revolutionize the global financial landscape, it has also carved out a niche in the online...

The launch of Ethiopia’s...

The launch of Ethiopia’s first interbank market trading platform on the Ethiopian Securities Exchange (ESX) marks a historic achievement...

On Russia’s National Unity...

On November 4, Russia celebrates National Unity Day. The origins of the holiday go back centuries - to the...

Unlocking Ethiopia’s Economic Potential...

Ethiopia stands on the brink of a digital revolution. Over the last five years, the country has undergone a...

Can the deep colonial...

Egypt could lose control over the Nile waters it has maintained for almost a century thanks to colonial-era treaties This...

The countdown to the...

Prosperity Party won the 2021 election not on commendable track records but on a postdated check—a promise to deliver....

Why African Ministries of...

As Africa strides towards self-reliance in health security, the Pan African Supply Chain Awards emerge as a crucial platform....

Mantashe to attend major AOW energy event

South Africa’s Minister of Mineral and Petroleum Resources, Mr Gwede Mantashe has committed to attend the four-day AOW energy event (https://AOWEnergy.com/) in Cape Town from 7 – 10 October. AOW: Investing in African Energy brings together industry leaders to develop policy, share discoveries, secure investment, and shape Africa’s energy future. This year’s event will feature more than 1 600 senior delegates, 80 ministers and officials from 70+ countries and representatives of more than 760 companies. Announcing Mantashe’s confirmed attendance, Chief Executive Officer of Sankofa Events, Paul Sinclair...

The Gambia’s Minister of Petroleum and Energy Joins African...

On the back of major investments from multilateral finance institution the African Development Bank, The Gambia is poised to increase its electrification rate to 70% – 50% in rural areas – by the end of the year. In the wake of the country’s burgeoning energy sector, The Gambia’s Minister of Petroleum and Energy Nani Juwara will participate as a speaker at this year’s African Energy Week (AEW): Invest in African Energy 2024 conference, which takes place in Cape Town from November 4-8. The Gambia represents...