Ethiopia’s Upcoming Salary Increase Set to Launch on September 11
A letter from the Ministry of Finance confirms that one of the key promises of the government's macroeconomic reform—a wage increase—will take effect on...
Ethiopian Development Bank President Dr. Yohannes Ayalew Submits Resignation
Dr. Yohannes Ayalew, who has served as the president of the Ethiopian Development Bank (DBE) for the past four years, has officially submitted his...
The Complex Role of Bill Gates in Ethiopian Agriculture and Healthcare: A Double-Edged Sword by Bekan Bekele
By Bekan Bekele
Bill Gates recently visited Ethiopia, to witness the progress of projects his foundation has been deeply involved with for years along with...
New Online Service by Unite.et Enables Remote Bank Account Registration for Ethiopians Abroad
Unite.et, a new online service, has launched to enable Ethiopians living abroad to remotely register and open local bank accounts in both local and...
Ethiopia and China Seal Historic Currency Swap Deal: Strengthening Trade Ties
On August 30, 2016, Ethiopia and China agreed to trade in Birr and Yuan, strengthening the economic ties between the two nations. This agreement...
Private Equity Firm 8 Miles, Backed by Bob Geldof, Exits Majority Stake in Ethiopia’s Awash Wines
Private equity firm 8 Miles, associated with Irish rockstar and philanthropist Bob Geldof, has divested the majority of its stake in Awash Wines, a...
