Zare Journal, Addis Ababa (2024)

10/04/2024

In a dramatic policy change, Ethiopia has unveiled sweeping reforms to its investment regulations. These reforms will allow foreign companies to participate in previously restricted sectors, like export, import, wholesale, and retail trade. This move signals the end of an era where these sectors were exclusively for domestic businesses.

Ethiopia Opens Up Retail, but with High Bar for Entry Ethiopia Opens Up Retail, but with High Bar for Entry

27/03/2024

The TechStitched Fashion Residency Program is a project of the British Council Ethiopia in collaboration with the Hub of Africa Fashion Week, and Guzo Technologies, with an emphasis on innovation and partnership within the African fashion context.

TechStitched Fashion Residency Program: Bringing Young African Designers Together TechStitched Fashion Residency Program: Bringing Young African Designers Together

09/03/2024

OVID Group plans to introduce innovative cable car technology to ease the city’s traffic woes. Read more insights

05/03/2024

All revamped and rebranded, Metahu Delivery, previously known as Metahu Addis, has hit the delivery market once more expecting to solve a wide range of issues that are seen in the sector.

Better Than Ever, Metahu Delivery Relaunches Brand Better Than Ever, Metahu Delivery Relaunches Brand

29/02/2024

TECNO will exhibit its diverse smartphone and AIoT line-up, futuristic AR and AI products, innovative concept technologies, and unveil its new POVA 6 Pro 5G smartphone on the first day of MWC Barcelona 2024.

TECNO Reaches for the Future with AI and AR Products and Innovative New Technologies at MWC 2024 TECNO Reaches for the Future with AI and AR Products and Innovative New Technologies at MWC 2024

28/02/2024

Global Bank now owns more than five percent stake in the upcoming stock exchange, the Ethiopian Securities Exchange (ESX).

Global Bank makes a Deal to Own More than 5 Percent of ESX Global Bank makes a Deal to Own more than 5 Percent of ESX

28/02/2024

Orange Middle East and Africa (OMEA) joins forces with the Multilateral Investment Guarantee Agency of the World Bank (MIGA) to ensure the guarantees of its subsidiary including mobile money.

26/02/2024

A mid-air collision was barely avoided over the skies of Somalia following a miscommunication from Air Traffic Control (ATC) on February 24. This incident involved a Qatar Airways Boeing 787-8 and an Ethiopian Airlines Airbus A350-900.

Ethiopian Airlines and Qatar Airways avoid an almost Collusion Ethiopian Airlines and Qatar Airways avoid an almost Collusion

22/02/2024

Living in a poor country and having a Rare Disease; a combination that makes for a very difficult life. And this happens to be the life of a small percentage of the population in Ethiopia.

Having a Rare Disease in a Poor Country: Bleak Future for Those That Deal With It Having a Rare Disease in a Poor Country: Bleak Future for Those That Deal With It

23/01/2024

Courtesy of deepening Sino-Ethiopian ties, interest in studying the Chinese language is growing fast among Ethiopians, particularly the country's youth

Ethiopian teachers harness power of Chinese language to bridge cultures Ethiopian teachers harness power of Chinese language to bridge cultures

15/01/2024

Chinese health authorities warned Sunday of a potential resurgence of COVID-19 in January, driven by the rising prominence of the JN.1 subvariant.

China Warns On Possible Rebound Of COVID 19 JN.1 Subvariant China Warns On Possible Rebound Of COVID 19 JN.1 Subvariant

15/01/2024

Taking lessons from its neighbor, Kenya shutdown the use of Telegram messaging app, one of the most popular messaging apps in the country, in order to apparently prevent cheating during college entrance examinations.

Kenya Shuts Down Telegram, Loses Money Kenya Shuts Down Telegram, Loses Money

15/01/2024

Global economic prospects remain subdued and fraught with uncertainty, according to the latest Chief Economic Outlook, as the global economy continues to grapple with headwinds from tight financial conditions, geopolitical rifts and rapid advances in generative artificial intelligence (AI).

Resilience of The World Economy to Be Tested This Year

01/01/2024

The ability to effectively analyze information in order to form a judgment is a skill that can be developed through various ways including debating. This is especially true for socio-economic and political issues.

Debating For a Healthier Society Debating For a Healthier Society

28/12/2023

Fitch Ratings has downgraded Ethiopia's Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'RD' (Restricted Default) from 'C'.

Fitch has issued another downgrade to Ethiopia’s credit rating, putting it squarely in junk territory with a ‘Restricted Default’ or RD status.

Fitch downgraded the issue rating of the country's single outstanding USD1 billion Eurobond to 'D' from 'C'.
Ethiopian government failed to pay the first coupon on its outstanding USD one billion Eurobond due in full by December next year.

The USD 33 million coupon payment was due December 11, 2023, with a two-week grace
period.

The Ethiopian government has claimed that although the payment is “affordable,” it would not be making it due to its desire to ‘treat debtors equitably.’

27/12/2023

Russian bitcoin mining solutions provider BitCluster is set to revolutionize the industry with its newest 120 MW data center in Ethiopia’s capital, Addis Ababa.

Ethiopia Becomes New Hub for Russian Firm BitCluster’s Bitcoin Mining Expansion Ethiopia Becomes New Hub for Russian Firm BitCluster’s Bitcoin Mining Expansion

27/12/2023

The upcoming Global Black Impact Summit will champion the role of Black women in challenging norms and investing in the next generation of Black female leaders

: Breaking Barriers to Female Leadership : Breaking Barriers to Female Leadership

26/12/2023

The latest Gender Social Norms Index (GSNI) report has revealed no improvement in biases against women in a decade, with almost 9 out of 10 men and women worldwide still holding such biases today.

A Decade of Stagnation: New UNDP data shows gender biases remain entrenched A Decade of Stagnation: New UNDP data shows gender biases remain entrenched

20/12/2023

The grand finale of the Real Leather. Stay Different. African Talent Leather Design Showcase 2023 in partnership with the Africa Leather and Leather Products Institute took center stage on December 13th in Mombasa, Kenya at the Leather Sector Triple Helix Consultative Forum.

Celebrating Africa’s Most Innovative Leather Designers Celebrating Africa’s Most Innovative Leather Designers

20/12/2023

The National Immunization Technical Advisory Groups (NITAGs) are bodies composed of independent national experts tasked with advising national health authorities and national immunization programmes on immunization policies and strategies

WHO Ethiopia hosts a capacity building workshop for the National Immunization Technical Advisory Group (NITAGs) from 6 countries WHO Ethiopia hosts a capacity building workshop for the National Immunization Technical Advisory Group (NITAGs) from 6 countries

20/12/2023

The African Development Bank (AfDB) stated it will withdraw its international employees from Ethiopia.

AfDB to Pull Out International Employees from Ethiopia AfDB to Pull Out International Employees from Ethiopia

19/12/2023

BGI-Ethiopia, launches its VISION 2028, which aims to transform the Company and secure its market leadership. The Company is set to invest heavily in its operations, production network, and distribution model.

BGI to Move Addis Ababa factory to Meta Plant in Sebeta and Maichew BGI to Move Addis Ababa factory to Meta Plant in Sebeta

19/12/2023

Enkopa, one of the biggest annual industry events that are organized to continuously inject innovation, tech, and collaboration in entrepreneurship in Ethiopia, was held in October this year. This year's summit brought together experts for engaging panel discussions, visionary keynotes, demonstrations of enterprise best practices, and exclusive investor dialogues.
https://zarejournal.com/supporting-innovation-tech-and-collaboration/

19/12/2023

Enkopa, one of the biggest annual industry events that are organized to continuously inject innovation, tech, and collaboration in entrepreneurship in Ethiopia, was held in October this year. This year's summit brought together experts for engaging panel discussions, visionary keynotes, demonstrations of enterprise best practices, and exclusive investor dialogues.

Read the insightful article about Enkopa Summit 2023 here: https://zarejournal.com/supporting-innovation-tech-and-collaboration/

14/12/2023

The urgency to expedite the establishment of the African Union Financial Institutions has been underscored by the changing global economic landscape due to the COVID-19 pandemic, climate change and insecurity

14/12/2023

The African Society for Laboratory Medicine (ASLM) and Illumina (NASDAQ: ILMN), a global leader in sequencing technology, signed a Memorandum of Understanding at the ongoing 6th Biennial ASLM2023 conference in Cape Town, South Africa.

13/12/2023

The Minister of Innovation and Technology stated that Microsoft unveiled the groundbreaking initiative on Digital Development Program, that leads Africa to economic development and inclusive prosperity.

13/12/2023

Reports reveal that a capital of 6.1 billion dollars may fill the 80 percent gap in the market affecting micro, small and medium enterprises (MSMEs) in Ethiopia

12/12/2023

The Africa CDC and the Mastercard Foundation have entered a new phase of their partnership on the Saving Lives and Livelihoods initiative in the aftermath of WHO’s declaration of the end of the COVID-19 pandemic as a public health emergency of international concern. The initiative is sought out to strengthen Africa’s public health systems.

Read the full article here:
https://zarejournal.com/africa-cdc-and-mastercard-foundation-launch-phase-2-of-the-saving-lives-and-livelihoods-initiative-to-strengthen-africas-public-health-systems/