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Ethiopia , Monday 01 June 2020

News Ethiopia Finance: Nobel Prize for Ethiopian prime minister renews scrutiny of 'premature' awards

Published on: Tuesday 05 November 2019
Nobel Prize for Ethiopian prime minister renews scrutiny of 'premature' awards
News source: https://thehill.com/opinion/international/468850-nobel-prize-for-ethiopian-prime-minister-renews-scrutiny-of-premature

“Protests in Ethiopia Threaten to Mar Image of Its Nobel-Winning Leader” read the headline in the New York Times. “Ethiopian activist slams ‘authoritarian’ Nobel winner Abiy Ahmed” reported the ...

News Ethiopia Finance: Ethiopian Diesel Genset Market Outlook to 2025 - Increasing Utilization of Diesel Gensets Across Multiple Verticals Triggers Robust Growth

Published on: Tuesday 05 November 2019
Ethiopian Diesel Genset Market Outlook to 2025 - Increasing Utilization of Diesel Gensets Across Multiple Verticals Triggers Robust Growth
News source: https://finance.yahoo.com/news/ethiopian-diesel-genset-market-outlook-124002230.html

Dublin, Nov. 05, 2019 (GLOBE NEWSWIRE) -- The "Ethiopia Diesel Genset Market (2019-2025): Market Forecast by kVA Rating, by Verticals, by Regions, and Competitive Landscape" report has been added to ...

News Ethiopia Finance: Is Ethiopian Airlines Eyeing a Stake In South African Airways?

Published on: Monday 14 October 2019
Is Ethiopian Airlines Eyeing a Stake In South African Airways?
News source: https://allafrica.com/view/group/main/main/id/00070437.html

Ailing national carrier South African Airways has been in financial trouble for a number of years, with government bailouts mounting to U.S.$1,959,399 from 1999 to 2017 alone. Now there is talk of Ethiopia's multi-award winning airline taking an interest - a plan that may bring some relief to the South African taxpayer and the national budget.

News Ethiopia Finance: Ethiopian Airlines Close to Deal to Order Airbus A220 Planes

Published on: Friday 04 October 2019
Ethiopian Airlines Close to Deal to Order Airbus A220 Planes
News source: https://finance.yahoo.com/news/ethiopian-airlines-close-deal-order-113855479.html

(Bloomberg) -- Ethiopian Airlines Group is close to agreeing a deal with Airbus SE for as many as 20 narrow-body A220 planes worth more than $1.6 billion, reviving an earlier plan after a spell using larger Boeing Co. 737s.Africa’s biggest and most consistently profitable carrier is in late-stage talks

News Ethiopia Finance: Ethiopia’s Oromos mark thanksgiving festival in Addis Ababa for the first time in 150 years

Published on: Tuesday 08 October 2019
Ethiopia’s Oromos mark thanksgiving festival in Addis Ababa for the first time in 150 years
News source: https://finance.yahoo.com/news/ethiopia-oromos-mark-thanksgiving-festival-143203909.html

After a 150-year absence, the annual thanksgiving festival of Ethiopia’s largest ethnic group returned to its capital this weekend. Hundreds of thousands of Oromos descended on Addis Ababa to ...

News Ethiopia Finance: Ethiopia crash victims’ families to receive R2.1m compensation from Boeing

Published on: Monday 23 September 2019
Ethiopia crash victims’ families to receive R2.1m compensation from Boeing
News source: https://www.iol.co.za/business-report/international/ethiopia-crash-victims-families-to-receive-r21m-compensation-from-boeing-33504903

Each family is due to receive about $144 500 (R2.1 million) from a $50 million financial assistance fund after claims ... evaluate the airplane's safety following the fatal crashes. An Ethiopian ...

News Ethiopia Finance: Marta Megra from Ethiopia sets new record for women's full marathon at Hengshui

Published on: Tuesday 24 September 2019
Marta Megra from Ethiopia sets new record for women's full marathon at Hengshui
News source: https://finance.yahoo.com/news/marta-megra-ethiopia-sets-record-062100873.html

HENGSHUI, China, Sept. 25, 2019 /PRNewswire/ -- The 2019 "Yangyuan-Six Walnuts" Hengshui Lake International Marathon kicked off at 7:30 am on September 22. The race brought together some 20,000 runners from more than 20 countries and regions, including China, the US, UK, Germany and Japan,

News Ethiopia Finance: Ethiopia seeks adviser for privatisation of telecoms operator

Published on: Tuesday 24 September 2019
Ethiopia seeks adviser for privatisation of telecoms operator
News source: https://telecom.economictimes.indiatimes.com/news/ethiopia-seeks-adviser-for-privatisation-of-telecoms-operator/71286017

Reuters | September 25, 2019, 07:30 IST NAIROBI: Ethiopia is looking for an adviser to help it with the partial privatisation of its state-run telecoms operator, the finance ministry said on Tuesday.

News Ethiopia Finance: Ethiopian Airlines launches WeChat Pay and KNET with CellPoint Digital's Velocity payment platform

Published on: Sunday 15 September 2019
Ethiopian Airlines launches WeChat Pay and KNET with CellPoint Digital's Velocity payment platform
News source: https://finance.yahoo.com/news/ethiopian-airlines-launches-wechat-pay-230000700.html

LONDON, Sept. 16, 2019 /PRNewswire/ -- Ethiopian Airlines, the largest aviation group in Africa and 4-star SkyTrax certified global airline, is expanding its partnership with CellPoint Digital (www.cellpointdigital.com), a leading provider of digital commerce and payment solutions for airlines, to offer

News Ethiopia Finance: Ethiopia: A $10 Billion Economic Reform Package

Published on: Tuesday 17 September 2019
Ethiopia: A $10 Billion Economic Reform Package
News source: https://allafrica.com/stories/201909170544.html

Adanech Abebie, minister of Revenues, has the toughest task cut out for her to boost domestic resources mobilisation to 20pc of the GDP for the economic reform programme the administration of Prime Minister Abiy Ahmed (PhD) rolled out last week at the UNECA. The reform is authored by a team of policymakers, including Yinager Dessie (far right), governor of the central bank.

News Ethiopia Finance: Ethiopia: Minister of Finance Travels to Ethiopia for Summit

Published on: Sunday 08 September 2019
Ethiopia: Minister of Finance Travels to Ethiopia for Summit
News source: https://allafrica.com/stories/201909090279.html

A delegation led by Federal government of Somalia's minister of finance Abdirahman Duale Beyle travelled to Addis Abba, Ethiopia's capital on Sunday, his office confirms. The Minister and his ...

News Ethiopia Finance: UN official cautions Ethiopia against debt burden

Published on: Sunday 08 September 2019
UN official cautions Ethiopia against debt burden
News source: https://www.aa.com.tr/en/africa/un-official-cautions-ethiopia-against-debt-burden/1576831

According to Ethiopian Finance Ministry, the country’s debt amounted to $52.57 billion, until March 2019. Out of which $26.93 billion was external debt. “The question of efficiency, the ease of doing ...

News Ethiopia Finance: Ethiopia largest recipient of FDI in eastern Africa

Published on: Wednesday 11 September 2019
Ethiopia largest recipient of FDI in eastern Africa
News source: https://www.monitor.co.ug/Business/Finance/TanzanianEthiopia-largest-recipient--FDI-eastern-Africa-/688608-5269316-ciykbh/index.html

Nairobi- Ethiopia beat all other eastern African countries last year as the largest recipient of Foreign Direct Investment (FDI), according to a new report authored by financial consulting firm EY.

News Ethiopia Finance: Ethiopia: World Bank Backs Private Sector Power Investment

Published on: Tuesday 04 June 2019
Ethiopia: World Bank Backs Private Sector Power Investment
News source: https://allafrica.com/stories/201906040662.html

The World Bank, through its International Development Association (IDA), has approved the guarantee under its Renewable Energy Guarantees Program, which is the first guarantee deployed in Ethiopia.

News Ethiopia Finance: UN to support Ethiopia’s financial planning, digitalisation efforts

Published on: Thursday 16 May 2019
News source: https://www.pmnewsnigeria.com/2019/05/16/un-to-support-ethiopias-financial-planning-digitalisation-efforts/

UN on Thursday promised to support the Ethiopian government’s efforts through strategic planning and expertise, mainly in the financial and digitalisation endeavours. The Queen Maxima of the ...

News Ethiopia Finance: Queen Maxima of the Netherlands looks beautiful as she visits the Ethiopian ministry of finance

Published on: Tuesday 14 May 2019
News source: https://www.dailymail.co.uk/femail/article-7031453/Queen-Maxima-Netherlands-looks-beautiful-visits-Ethiopian-ministry-finance.html

She had a high flying finance career before marrying the King of The Netherlands, and today Queen Maxima went back to her roots during her official visit to Ethiopia. The monarch paid a visit to the ...