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CBE achieves its highest annual revenue in its history

The state-owned Commercial Bank of Ethiopia (CBE) surpassed the ETB 100 billion revenue threshold in the fiscal years 2021–22, setting the highest annual revenue in the bank's history, according to a publication by Ethiopian Investment Holdings (EIH). In comparison to...

Zay Ride and Garri Logistics Selected for Startups Black Founders Fund

Zay Ride, a ride-hailing company, and Garri Logistics, a digital freight brokerage company, are among the 60 start-ups selected for the Startups Black Founders Fund for Africa. Zay Ride and Garri Logistics, founders, will be part of the Startups Black Founders Fund...

Rosa Okeke wins the James Currey Prize for African Literature

Rose Okeke, a Nigerian writer, wins the James Currey Prize for African Literature 2022. Rose wins the £1000 award for her novel, ""Child of the Corn."" beating other shortlisted novels from 3 African countries. She also became an Oxford University fellow. The James...

CBE achieves its highest annual revenue in its history

The state-owned Commercial Bank of Ethiopia (CBE) surpassed the ETB 100 billion revenue threshold in the fiscal years 2021–22, setting the highest annual revenue in the bank's history, according to a publication by Ethiopian Investment Holdings (EIH). In comparison to...

Scientists discover Africa’s oldest dinosaurs in Zimbabwe

Scientists have discovered the remains of Africa's oldest dinosaurs, which lived around 230 million years ago, in Zimbabwe. The dinosaur, known as Mbiresaurus raathi, was found on two expeditions in 2017 and 2019 by a group of researchers from Zimbabwe, Zambia, and...

Prof. Eric Yirenkyi Danquah Wins 2022 Africa Food Prize

Professor Eric Yirenkyi Danquah, Founding Director of the West Africa Centre for Crop Improvement (WACCI), wins the 2022 Africa Food Prize at the AGRF2022 Summit in Kigali, Rwanda. He won a $100,000 cash prize for his outstanding scientific and academic contributions...

Zay Ride and Garri Logistics Selected for Startups Black Founders Fund

Zay Ride, a ride-hailing company, and Garri Logistics, a digital freight brokerage company, are among the 60 start-ups selected for the Startups Black Founders Fund for Africa. Zay Ride and Garri Logistics, founders, will be part of the Startups Black Founders Fund...

Ahlam Hamid won gold at the Karate-1 Premier League

Ahlam Hamid, an Egyptian karate player, won gold at the 2022 Karate-1 Premier League Karate championship. Hamdi won after defeating Ukrainian Anzhelika Terliuga, the 2022 European Karate Championships winner. Hamid competed in the 55 kg weight class and won her first...

AAU ranks 6th among Africa’s Top Universities

Addis Ababa University ranks 6th among Africa's Top Universities by Times Higher Education ranking data. Aswan University shared the 6th rank with AAU. AAU climbed up the rankings for its performance in the school's academic research, reputation, and overall ranking...

Ethiopia National Team Secures a Spot in CHAN 2023

Ethiopia's national team secures a place in the 2023 African Cup of Nations (CHAN), which will be held in Algeria. The Ethiopian national team, coached by Wubetu Abate, played their first double-leg game with Rwanda in Tanzania after CAF excluded Bahir Dar stadium...

Bego Sew Award announces its 2022 winners

The Bego Sew Award has been recognizing and honoring individuals in many categories for the past ten years, founded to honor individuals who are making a difference in Ethiopia. The 2022 award announced nine winners in different categories and a special award. The...

Five BPO companies to take part in Dubai Int’l Tech 2022 Fair

The Ethiopian Ministry of Innovation and Technology announced that five Ethiopian Business Process Outsourcing (BPO) companies that engage in business outsourcing have been selected from those who have applied to participate in the conference. The five companies to...

AGRA and GAIN collaborate to strengthen African food systems.

At the 2022 African Green Revolution Forum in Kigali, the African Green Revolution Alliance (AGRA) and the Global Alliance for Improved Nutrition (GAIN) signed a new agreement. AGRA and GAIN signed a new five-year agreement to work on the African agriculture and...

Zambia Gets IMF Board Approval For A $1.3 Billion

The International Monetary Fund (IMF) approved a 38-month arrangement with Zambia to restructure the massive debt that has destroyed the economy of the southern African nation. The IMF program aims to restore Zambia's macroeconomic stability and foster higher...

Cairo Soon To House The First African Plasma Factory

Grifols and the Egyptian government are establishing the first African plasma factory in Cairo. Grifols is a global healthcare company, established in Barcelona in 1909. The company works toward easing health care hardship by combining expertise, technology, and...

Forbes Africa lists Africa’s top 20 musicians

Forbes Africa lists Africa's top 20 musicians of 2022 for their record-breaking contribution to the entertainment industry. Forbes Africa recognizes the shift in the music industry that African artists are bringing to the table. The world's highest stream of African...

Sidama Farmer Wins The Cup Of Excellence Ethiopia (COE) 2022

The Sidama coffee farmer, Legese Botosa, produces the top-scoring coffee for the Cup of Excellence Ethiopia (COE) 2022. Legese won first place earlier this summer with his sun-dried natural coffee, earning a high score of 90.69. Because of the rigorous selection...

Ocean Glory Commodities wins  Africa’s Best Brands Award 2022 

Ocean Glory Commodities wins Africa's Best Brands Award for the Best World-Class Shipping Company of 2022. Ocean Glory Commodities is a Nigerian shipping and maritime company recognized for its managerial and operational performance and global competitiveness. The...

Dr. Berhanu Bulcha, NASA Engineer, develops a Tiny, High-Powered Laser

Dr. Berhanu Bulcha, NASA Engineer, develops a Tiny, High-Powered laser to find water on the Moon. Dr. Berhanu Bulcha is a Goddard engineer at NASA. Goddard engineers design and build spacecraft while the scientists and technicians develop and support those missions....

Africa’s space and satellite industry is now worth $19.49 billion.

Africa's Space and Satellite Industry is now worth $19.49 billion, surpassing the continent's GDP growth rate. The industry has a projected 16.16% increase to $22.64 billion by 2026. It is contributing tremendously to enhancing Africa's economy and accomplishing...

CBE Launches “Nedaj” a Fuel Payment Mobile App

The application, "Nedaj," officially launched on August 18, 2022, after Dahlak Yigezu, Deputy Manager of the CBE's Digital Banking Department, signed an agreement to implement it with Besufeqad Getachew, founder, and CEO of EagleLion Systems Technology Company. The...

Bahir Dar University receives a $7.7 million grant from USAID

USAID announces a $7.7 million grant to Bahir Dar University to train 750 disaster risk management professionals. Feed the Future Ethiopia's Resilience Platform is the largest single external investment in BDU's history. It comes after nearly two decades of US...

Ethiopia plans to host its first-ever African Tech Expo

Ethiopia plans to host its first-ever African Tech Expo from September 7-9, 2022, at the renowned Skylight Hotel, organized by Jorka Events Communication. The exhibition focuses on solar technology, electric vehicles, digital payment systems, telecommunications, and...

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Past Events

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Pictures for the week

Creative of the week

Dr. Mekdes Daba

is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged.

Past Highlights

Hana Yilma – Artist

The bravery to use multiple mediums continues, and this time it's Oil, Fabric, and Acrylic to depict women and their traditional private moments. Hana is an artist who uses traditional materials, beautiful fabrics, and vibrant colors to create a multidimensional...

Spotlight of the week

Dr. Mekdes Daba

is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged.

Past Highlights

Hana Yilma – Artist

The bravery to use multiple mediums continues, and this time it's Oil, Fabric, and Acrylic to depict women and their traditional private moments. Hana is an artist who uses traditional materials, beautiful fabrics, and vibrant colors to create a multidimensional...

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