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Electric bus maker Lion Electric granted creditor protection by Quebec court

2025-01-03 by EthioStockMarket.com Reporter

MONTREAL — The Lion Electric Co. says it has been granted protection from creditors under the Companies’ Creditors Arrangement Act by the Superior Court of Quebec. The electric bus maker says it plans …

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Sold on a Dream, Lured by Lies

2025-01-03 by EthioStockMarket.com Reporter

Biniyam Desaleng, a young man from Ethiopia’s bustling capital, Addis Ababa, embarked on a journey he hoped would transform his life. Like many of his compatriots, he was drawn to Southeast Asia by …

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NCAA vows to protect rights of passengers, airlines

2025-01-03 by EthioStockMarket.com Reporter

Nigeria Civil Aviation Authority (NCAA) has pledged to continue to protect the rights of passengers and airline operators. The Acting Director-General of NCAA, Capt. Chris Najomo also said actions …

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Zamzam IDPs caught between conflict and famine

2025-01-03 by EthioStockMarket.com Reporter

December 28, 2024 (ZAMZAM) – Fiddah Jabir, 40, has seen her life turned upside down since the first Darfur war erupted in 2003, when she was first displaced to the Zamzam camp south of El Fasher …

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Ethiopia Shifts Ownership of 10 Firms to Sovereign Wealth Fund

2025-01-03 by EthioStockMarket.com Reporter

Ethiopia transferred ownership of 10 state-owned companies to the government’s sovereign wealth fund as part of steps to improve their management. The firms include Ethiopian Electric Power …

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Ethiopian Ambassador lauds ‘Uraan Pakistan’ Initiative

2025-01-02 by EthioStockMarket.com Reporter

The Special Envoy and Ambassador Extraordinary of the Federal Democratic Republic of Ethiopia (FDRE) to the Islamic Republic of Pakistan, Dr. Jemal Bekar Abdula, has commended the “Uraan Pakistan” …

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Commercial Bank of Ethiopia’s Total Assets Reach Nearly 2 Trillion Birr

2025-01-02 by EthioStockMarket.com Reporter

The total assets of Commercial Bank of Ethiopia (CBE) have reached 1.9 trillion Birr, the bank’s President, Abe Sano disclosed. The President explained that the macroeconomic reforms of the country …

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Chinese foundation’s clean water project transforms livelihoods in rural Ethiopia

2025-01-02 by EthioStockMarket.com Reporter

GETACHEW Gemechu, a 25-year-old father of two, lives in a small, arid town in central Ethiopia, an area known for water scarcity that affects the livelihoods of agrarian community members. In what …

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Ethiopia opens doors to foreign banks with new law

2025-01-02 by EthioStockMarket.com Reporter

Approval comes after 6 months of deliberation after Council of Ministers passed draft version of proclamation Sadik Kedir Abdu   ADDIS ABABA, Ethiopia Ethiopian lawmakers on Tuesday approved a …

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At least 71 people killed in Ethiopia road accident, officials say

2025-01-02 by EthioStockMarket.com Reporter

At least 71 people have died in Ethiopia after a truck packed with passengers plunged into a river, according to the spokesperson for the southern Sidama regional government and a statement.

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‘Mufasa’ Underperforms As Big Cat Has Sleepy $122M WW Start; Still Room To Grow – International Box Office

2025-01-02 by EthioStockMarket.com Reporter

The Lion King pounced on a $122.2M worldwide start. That’s way below our pre-weekend projections, and just slightly under where we saw this prequel yesterday. The international box office bow …

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Lions International: Providing the gift of sight

2025-01-02 by EthioStockMarket.com Reporter

Lions Club International has always held vision as … various pickup locations in Jefferson County and the Lions Eye Bank of Wisconsin in Madison. Lions volunteer their time and gas to make …

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Ethiopia Renews Commitment to Contribute Fair Share in Building Safer, Sustainable Global Aviation Industry

2025-01-02 by EthioStockMarket.com Reporter

The minister expressed gratitude to ICAO for its unwavering dedication over the decades, which has profoundly impacted the aviation sector and global connectivity. "Ethiopia is deeply committed to …

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Ethiopian Airlines Partners With DRC Government To Launch Air Congo

2025-01-02 by EthioStockMarket.com Reporter

Air Congo, the new flag carrier of the Democratic Republic of Congo (DRC), has been officially inaugurated by the country’s government in partnership with Ethiopian Airlines . It is the latest joint …

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Ethiopian wolves are the first large carnivores found to slurp nectar

2025-01-02 by EthioStockMarket.com Reporter

But endangered Ethiopian wolves, weighing in around 15 kilograms, are the first large carnivorous predators known to feed on flowers, says Sandra Lai, a wildlife biologist with the University of …

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Shelling of Zamzam camp leaves at least 38 dead in December – MSF

2025-01-02 by EthioStockMarket.com Reporter

December 20, 2024 (ZAMZAM CAMP) – Repeated shelling by the Rapid Support Forces (RSF) since December 1 has killed at least 38 people, including children, in Zamzam camp, the largest displacement …

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Parliament passes bill allowing foreign banks to operate in Ethiopia

2025-01-02 by EthioStockMarket.com Reporter

The Ethiopian House of Peoples Representatives HoPR the lower chamber of parliament has passed a bill that allows foreign banks to operate in the …

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World Bank Supports Ethiopia’s Efforts to Unleash the Potential of its Financial Sector

2025-01-02 by EthioStockMarket.com Reporter

The project is designed to tackle these issues head-on by modernizing the regulatory and supervisory framework of the National Bank of Ethiopia (NBE), supporting governance reforms, balance sheet …

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Ethiopia eyes $700mln World Bank loan in a financial sector reform plan

2025-01-02 by EthioStockMarket.com Reporter

The National … of Ethiopia (DBE) will undertake,” NBE says.“The restructuring aims to reduce CBE’s exposure to non-performing state-owned enterprise assets by transferring the stock of loans owed by …

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