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“ETHIOPIA, LAND OF ORIGINS’’ Hosted By Ethiopian Airlines And Ethiopian Tourism Organization

Ethiopian Airlines and the Ethiopian Tourism Organization outlined their current achievements and future plans for Ethiopia as a major African tourism destination during a press conference held at World Travel Market on Tuesday 8th November 2016. Speakers, including His Excellency Ambassador Hailemichael Afework Aberra, CEO of Ethiopian Airlines Mr. Tewolde GebreMariam and CEO of Ethiopian Tourism Organisation Mr. Solomon Tadesse… […]

Destination: Addis Ababa & Its surroundings

The temperate and well-watered Addis Ababa ‘New Flower’ founded by Emperor Menelik II at the close of the 19th century, Addis Ababa is world’s third-highest capital city, set at the base of the Entoto Hills, and the diplomatic capital of Africa, having served as the headquarters of the Organisation of African Unity (now African Union) since its inception in 1963…. […]

Ethiopia earns over $872 million from tourism in first quarter

Addis Ababa, Ethiopia – The Ministry of culture and tourism said that Ethiopia had earned over $872 million from foreign visitors during the first quarter of this budget year. Public and International Relations Head with the Ministry, Gezahegn Abate, told journalists yesterday that about $872, 471, 808 is gained from a total of 233, 032 foreign visitors in the stated… […]

Ethiopia: Tourism Revenue falls short of target during first quarter

Addis Ababa, Ethiopia– Revenue obtained from tourism has fallen by over 7.4 million USD during the first quarter of the current Ethiopian budget year, Ministry of Culture and Tourism said. The ministry attributed the decline to the recent unrest in some parts of the country. The revenue obtained in the quarter was reportedly over 872 million USD, that is below the… […]

Merkato sees another massive bid

Addis Ababa, Ethiopia – As expected a staggering 355,500 birr or $15,872 US* per square meter was offered by Garden Real Estate for 1,380 square meters of land located in Addis Ketema sub-city Woreda 1, Merkato commonly known as America Gibe. The total price for the plot of land is about 491 million birr or close to $22 million US dollars. The… […]

Two cancer treatment centers to be built in Ethiopia

Addis Ababa, Ethiopia –Two cancer treatment centers will go operational in six months time, said the Ministry of Health (MoH). The centers are being built in the premises of Black Lion Hospital and Haramaya University at a cost of 120 million birr. Cancer Prevention and Control Program Advisor at MoH, Dr Kunuz Abdela, said procurement of linear accelerators (LINAC), the devices… […]

Donald Trump wins U.S. Election

NEW YORK — Donald J. Trump will be the 45th president of the United States, the Associated Press projected Wednesday. He will be the first person to hold the office despite having no prior political or military experience. “It’s time for America to bind the wounds of division,” Trump, flanked by his family and his running mate, Mike Pence, told… […]

Ethiopia: Two Egyptians arrested in Addis Ababa

A couple of Egyptian citizens who reside in Addis Ababa were arrested early in the week, Capital learnt. The Ethiopian government has been accusing the Egyptian government meddling in the recent unrest in the country particularly in Oromia and Amhara regions. However, Capital is unable to confirm whether the Egyptians were arrested in relation with the recent unrest or other… […]

NBE tells foreign nationals to return share certificates

The National Bank of Ethiopia (NBE) has issued a directive to all banks instructing that all shareholders with foreign citizenship should return their share certificates to the banks. The directive also instructs that shareholders should be paid the value of their shares and dividends accrued until June 30th 2016. The directive was issued in time for the presentation of banks’… […]

NBE tells foreign nationals to return share certificates

The National Bank of Ethiopia (NBE) has issued a directive to all banks instructing that all shareholders with foreign citizenship should return their share certificates to the banks. The directive also instructs that shareholders should be paid the value of their shares and dividends accrued until June 30th 2016. The directive was issued in time for the presentation of banks’… […]

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Etiam pulvinar consectetur dolor sed malesuada. Ut convallis euismod dolor nec pretium. Nunc ut tristique massa.

Nam sodales mi vitae dolor ullamcorper et vulputate enim accumsan. Morbi orci magna, tincidunt vitae molestie nec, molestie at mi. Nulla nulla lorem, suscipit in posuere in, interdum non magna.