The National Bank of Ethiopia (NBE) is deliberating on taking bankers’ non-performing loans (NPL) in Tigray off the banks’ balance sheets. The bank is working with the Ethiopian Bankers Association …
Ethiopia aims to wean local millers off state budgetary support and improve local production by selling eight sugar factories. This week, the government announced Ernst& Young LLP will advise on the …
One of Ethiopia’s wealthiest investors, Worku Ayetenew begins a process to build a cement plant with an investment capital of USD one billion. This will be the biggest investment he …
Khat exporters in Ethiopia facing a business slowdown following a new deal signed between the governments of Kenya and Somalia. Ethiopia had a comparative advantage for the last two years …
Ethiopia and the World Bank have signed a pact for a grant of $300 million to assist reconstruction and recovery in conflict-hit areas, the finance ministry said. Fighting that erupted …
Gondar University Ethiopia has denied reports that some of its experts helped Amhara militia destroy evidence of mass graves containing bodies of Tigrayans. Witnesses told the BBC that they had …
A Tigrayan general and former commander in the African Union mission in Somalia died in custody after he was arrested along with other senior officers in the early days of …
Ethiopian police used tear gas and briefly clashed with young Muslims in the capital on Monday during prayers to mark the end of Ramadan. The Ethiopian capital saw scenes of …
Ethiopia’s state-appointed human rights mentioned on Monday it was investigating a video exhibiting a gaggle of fighters in Ethiopian military fatigues abusing and capturing a boy they accused of being …
Health workers in Tigray told The New Humanitarian by phone that shortages are so acute they are using expired drugs to treat chronic conditions, while tens of thousands of patients …