Addis Ababa Light Railway, which functions under the auspices of the Ethiopian Railway Corporation, incurred 4.6 billion Birr in losses in its first four years of operation, forcing it to borrow money from the state-owned Commercial Bank of Ethiopia (CBE) to repay its loan, a new report reveals.
Ethiopia did not invite Eritrean troops to engage in Tigray region during the government’s law enforcement operation, the Ministry of Foreign Affairs stated.
As western governments and right defenders continue to mount pressure against the Ethiopian government over the ongoing crisis in Tigray, Human Rights Watch reports Eritrean armed forces massacred scores of civilians, including children as young as 13, in the historic town of Axum in Tigray region in November 2020.
Abyssinia Bank launched a new app which enables its customers send and receive money from abroad online in a ceremony held at Hyatt Regency.
Members of the Addis Ababa City Council have cried foul over the surge in crimes in the capital, including the shocking trend of child abduction.
At least 10,000 vehicles in government institutions have been mismanaged because of official leniency and lack of concern for public property, the Federal Public Procurement & Property Administration Agency announced.
Addis Ababa Cooperatives Agency will begin distributing half a billion Birr through a revolving fund to cooperatives and unions starting from next week. The fund was secured from the City Administration and aims to ease the inflationary pressure in the capital.
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Interview
Daryl Wilson is the Managing Director of East Africa Bottling Share Company (EABSC). The South African leader previously held the same position at Coca Cola SABCO in Kenya for almost 12 years. He has been leading Coca Cola’s business in Ethiopia since May 2019, overseeing the 300 million dollars expansion project of the company.
Ambassador Stephan Auer is a career diplomat. He has been in diplomacy since 1990 and has represented Germany in different countries. The Ambassador has now been in Ethiopia for half a year.
Ambassador Raphael Morav is a career diplomat who has served Israel for the past 30 years on the diplomatic front. French born Israeli citizen and Ambassador of Israel to Ethiopia, Burundi and Rwanda residing in Addis Ababa, Raphael Morav, was also an Ambassador to Liberia from 1988 – 90; Brussels-EU from 1990-92; Italy 1994-98; Finland 2000-04 and has served in many other diplomatic missions.
Alex de Waal is a British researcher and expert on Sudan and the Horn of Africa. He is executive director of the World Peace Foundation and a research professor at The Fletcher School at Tufts University.
Kebour Ghenna is the Executive Director of the Pan African Chamber of Commerce and Industry (PACCI) and the founder of Initiative Africa. He is prominent among the Ethiopian business community for his diverse contribution and initiatives in the sector.
Pazion Cherinet is the Chief Executive of Orbit Health. Here, he reflects with The Reporter’s Samuel Getachew on the new company, on his vision of transforming the local healthcare system, on digitalizing it, on the new partnership with Mastercard Foundation and what inspired him to start the company and more.
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