Day: October 2, 2024

Sports

2025 AFCON Qualifiers: Match officials for Ghana, Sudan double-header announced

The Confederation of African Football (CAF) has announced match officials for Ghana’s double-header against Sudan in the 2025 Africa Cup of Nations (AFCON) qualifiers.

The first-leg schedule at the Accra Sports Stadium on Friday, October 11, 2024, w…

Sports

AFCON qualifiers: Accra Sports Stadium to host Ghana, Sudan clash

Accra: The Confederation of African Football (CAF) has approved the Accra Sports Stadium for the TotalEnergies 2025 Africa Cup of Nations qualifier between Ghana and Sudan.

CAF recently banned Ghana’s Wembley, Baba Yara Sports Stadium from hosting co…

General

India Vows to Strengthen Bilateral Ties with Ethiopia

Addis Ababa: The Indian Ambassador to Ethiopia has reiterated his country’s commitment to cement historic bilateral ties with Ethiopia in various fields of cooperation.

Ambassador Anil Kumar Rahi made the statement during an event to mark the 155th b…

General

Irrecha Thanksgiving Festival to Creator for All He Has Done for Creatures: Abba Gadaas

Addis Ababa: Irrecha is a festival of Thanksgiving where the Creator is praised for everything he has done for the creatures, Abba Gadaas said.

The Abba Gadaa/Abba Bokkuu is the leader known for his duties as a father or keeper of Gadaa in power.

Cu…

Business

Development Partners Express Continued Support for Ethiopia’s Reform Agenda

Addis Ababa: The Government of Ethiopia, in collaboration with the Development Partners Group (DPG), held a high-level meeting in Addis Ababa to discuss the country’s ongoing macroeconomic reforms and their impact on fiscal and monetary policies.

Thi…

Business

Chinese Guangzhou Wondo Biotech to Invest in Ethiopia’s Industrial Park

Addis Ababa: A Chinese company that produces 200 million medical test kits annually has expressed interest to invest in Ethiopia’s kilinto Industrial Park.

CEO of Industrial Parks Development Corporation, Fiseha Yitagesu welcomed the representatives …

Business

PM Abiy Says Nation Observing Stable Forex Regime

Addis Ababa: Prime Minister Abiy Ahmed revealed that, since the implementation of the macroeconomic policy reforms, Ethiopia has observed a stable Forex regime.

The macroeconomic committee met this morning to review the performance of the new macro p…

Business

Ethiopia Holds Global Investors Call to Present Update on Ongoing Economic Reforms

Addis Ababa: The government of Ethiopia held a global investors call with its Eurobond holders on October 1st, 2024.

Ethiopia successfully hosted a Global Investors Call, bringing together key stakeholders and investors to discuss Ethiopia’s macro- e…

Business

Central Bank Grants Operational Licenses to Five Non-bank Forex Bureaus

Addis Ababa: The National Bank of Ethiopia (NBE) announced today that it has granted operational licenses to five non-bank Forex bureaus.

In a statement, the central bank disclosed that these five companies applied for licenses and fulfilled the mini…

Business

Water Dev’t Projects in Borena Zone of Ethiopia Altering Pastoralists from Aid Recipients to Produces

Addis Ababa: Water development programs implemented in Borena Zone of Ethiopia’s Oromia Regional State has catalyzed the transformation of local pastoralists from aid recipients to produces.

It is to be recalled that the recurrent drought that has pr…