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Oromia picks new, de facto president

Joining Tigrai and Somali Regional States as well as Addis Ababa City Administration,the Oromia Regional State has become the fourth region to appoint Vice President, whois not a member of its regional council—ChefeOromia,asits next de factopresident to lead the region in a turbulent period.

54 Capital partners with MiNT

54 Capital Group, the African-focused asset management company, which is headquartered in Dubai and London with a growing interest in Ethiopia, has donated six million birr to facilitate innovation and technology startups and development.

Another cabinet reshuffle

Prime Minister Abiy Ahmed (PhD) appoints former Amhara and Oromia regional state administrators, Gedu Andargachew and Lemma Megerssa, as Minister of Foreign Affairs and Minister of Defense, respectively. Similarly, the current minister of Defense, Ayisha Mohammed (Eng.) was reassigned as Minister of Construction & Urban Development.

Ethiopia makes phenomenal improvement In world press freedom index

The World Press Freedom Index-2019, annual index published since 2002 by the French based Reporters without Borders, aka Reporters Sans Frontières (RSF), has ranked Ethiopia 110th out of 180 countries in general level of media freedom exhibiting an improvement of 40 places in ranking since last year where the administration of Prime Minister Abiy Ahmed (PhD) took over the reins of power at Arat Kilo.

Gov’t initiates modalities to privatize Sugar projects

The Ministry of Finance has released initial documentation for the purpose of inviting local and international investors to express their interests in relation to the privatization of scores of sugar factories, both already commissioned and still under construction, The Reporter has learnt.

Furniture expo returns to Millennium Hall

With Ethiopia becoming increasingly dependent on the importation of furniture products from abroad, the Furniture and Interior Expo (FINTEX) returns to the Millennium Hall on May 2, 2019. The three-day event is set to welcome international industry players to the capital.