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CBE to hold lot draw for 40/60 houses Saturday

Addis Ababa, July 3, 2017 (FBC) – The Commercial Bank of Ethiopia (CBE) said it will hold a lottery draw on July 8, 2017 for the houses which it received…

Omo Kuraz one sugar factory enters production

Addis Ababa, July 1, 2017 (FBC) –After completing its test run, Omo Kuraz one sugar factory has entered into production. It is one of the four sugar factories under the…

Ethiopia ready for new digital world adopted globally, says Minister

Addis Ababa, June 29, 2017 (FBC) – Ethiopia is ready for a new and future digital world, according to Ministry of Communications and Information Technology. In his opening speech to…

Ethiopia, European Investment Bank sign €70mln loan agreement

Addis Ababa, June 29, 2017 (FBC) – Ethiopia and the European Investment Bank (EIB) today signed a 70 million Euros loan agreement. The agreements was signed by Getahun Nana, President…

House discusses draft legislation on constitutional special interest of Oromia on Addis Ababa

Addis Ababa, June 29, 2017 (FBC) – The House of Peoples’ Representatives (HPR) today deliberated on the draft legislation prepared on the constitutional special interest of the Oromia regional state…

World Bank endorses new five-year country partnership framework to support inclusive, equitable growth path for Ethiopia

Addis Ababa, June 28, 2017 (FBC) – The Board of Executive Directors yesterday endorsed a new World Bank Group (WBG) five-year Country Partnership Framework (CPF) to support Ethiopia’s development aspirations.…