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Long Awaited Road in Bulbula Gets Guardian

The Addis Abeba City Road Authority (AACRA) awarded the road project of the long serving eight kilometre long road at Bole Bulbula after 14 years of repeated requests from residents of the area.

AACRA awarded two companies to construct the…

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Commercial Bank Ready to Launch Agent Banking

Commercial Bank Ready to Launch Agent Banking

The State owned giant, Commercial Bank of Ethiopia (CBE), is set to launch agent banking, CBE Birr, next month. It has already gotten approval from the National Bank of Ethiopia (NBE) to pilot the system.

The move comes four years…

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Addis Gets First Revolving Restaurant

Addis Gets First Revolving Restaurant

Center Point Addis Restaurant, the first revolving restaurant in Addis Abeba, has opened today, August 24, 2017.

The restaurant shows a panorama of the capital, revolving 360 degrees in 55 minutes.

This restaurant is part of a 400 million Br…

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Insurance Premium production hits Three-Year High

Premium production across the insurance industry has risen at its strongest rate in three years to 7.4 billion Br during the just-ended fiscal year amid price war among insurers.

The latest reports of the insurance industry reveal that all…

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