April 2020

Addis Ababa, April 2, 2020 (FBC) –The National Bank of Ethiopia (NBE) has issued a new directive that is important to promote the safety and efficiency of the payment system. The…

Addis Ababa, April 1, 2020 (FBC) - WaterAid Ethiopia (WAE) has provided nearly a 2.5 million birr support to the Government’s initiative to strengthen the response against the COVID-19…

Addis Ababa, April 1, 22020 (FBC) - Kingdom Linen PLC, one of Chinese firms operating in Ethiopia, has completed first phase of its investment project at Adama Industrial Park. Building…

Addis Ababa, April 1, 2020 (FBC) -The Tulu Moye and Corbetti geothermal projects signed new power purchase and implementation agreements with Ethiopia, worth a total of $1.2 billion of…

Addis Ababa, April 1, 2020 (FBC) -Saudi Arabia has asked Muslims planning to take part in the Hajj pilgrimage to delay booking amid uncertainty over the coronavirus pandemic. Hajj…

Addis Ababa, April 1, 2020 (FBC) –Ethiopia and South Korea have signed two concessional loan agreements amounting $93 million today. The loan would be used to finance the Addis Ababa Bus…

Addis Ababa, April 1, 2020 (FBC) –Prime Minister Dr Abiy Ahmed said the country will begin filling the Grand Ethiopian Renaissance Dam (GERD) reservoir in the upcoming rainy season. He…

Addis Ababa, April 1, 2020 (FBC) - Three more people have tested positive for coronavirus during the past 24 hours, bringing the total number of confirmed cases in Ethiopia to 29.…

Addis Ababa, April 1, 2020 (FBC) –Prime Minister Dr Abiy Ahmed held phone conversation with South Africa's President Cyril Ramaphosa. The discussion focused on the need for collective…