The National Bank of Ethiopia has issued a new directive that clears the path for e-payment options, effective 1st April 2020. The Bank said the directive is “important” to promote the safety and efficiency of the payment system.
Ethiopian Prime Minister Abiy Ahmed announced that Ethiopia has finished distributing medical supplies obtained from the Jack Ma Foundation to prevent the spread of the coronavirus pandemic.Ethiopian Prime Minister Abiy Ahmed announced that Ethiopia will begin filling the reservoir of its dam on the Blue Nile, the Grand Ethiopian Renaissance Dam (GERD), in the upcoming rainy season. PM Abiy made the remark on the event of the 9-year anniversary of the launching of the GERD project.
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Kingdom Linen PLC, has completed the first phase of its investment project at Adama Industrial Park, Ethiopia. The company is building the largest linen factory in Africa, Abebe Abebayehu, Commissioner of Ethiopian Investment Commission (EIC), tweeted.
After setting up a National Resource Mobilization Committee yesterday to oversee the pooling of financial and non-financial resources for the coronavirus pandemic preparedness, the Ethiopian government has today launched a fundraising effort.
