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Club H2O makes big splash
Addis Ababa, Ethiopia – One of the most highly anticipated additions to Addis Ababa’s night life was officially inaugurated on Thursday, January 26th 2012. Heavily promoted with flyers, billboards and intensive advertisements on the cities airwaves, the new club, H2O, at Yoly Building on Mickey Leyland Street stands out as one of the most sophisticated night clubs in Addis.
The club employs...
Dedebit FC signs Shuaib Gabriel until July 2013
Addis Ababa, Ethiopia – Dedebit Football Club secured the service of Shuaib Gabriel until June 30, 2013.
The 22 years old Ghanaian signs the one & half year loan contract after he returned back to Addis Ababa from his three months trial in Sweden leagues. The president & the coach revealed their delight to get the midfielder back to the team.
Since making a move to Dedebit FC, The defensive...
Tennis star Yonas Gebre invited to play in German tournament
Addis Ababa, Ethiopia – One of Ethiopia’s leading tennis players is presently in Germany to participate in a major tournament as a professional. Yonas Gebre, a sixteen year old ace player, was given a chance to play against Europe’s leading professional tennis players as a wild card invitee. Yonas is believed to be the first Ethiopian player to participate in such a professional tournament.
Yonas,...
Semien Mountains’ Residents generate 2.6 Million Birr from tourism-related services
Gondar, Ethiopia – The Office of Semien Mountains National Park said that local residents generated 2.6 million Birr ($150,000) income from tourism-related services over the last six months.
Office Head, Sisay Mekuanent told Ethiopian News Agency (ENA) that 4,600 people, who lived around the park generated the said income by renting their pack animals and tents as well as cooking food for tourists...
Ethiopian Runners set new course records in Hong Kong
Hong Kong – (IAAF) Dereje Abera (men) and Misiker Mekonnen Demissie (women) of Ethiopia set new course records at the Hong Kong Marathon here today.
Losing a Marathon by one second last year taught Dejere Abera of Ethiopia a lesson that he put to good use this morning (5), when he won the Standard Chartered Hong Kong Marathon – an IAAF Bronze Label Road Race - by less than a second. Indeed...
NBE bans Ermyas Amelga from banking industry
Addis Ababa, Ethiopia (The Reporter) – The National Bank of Ethiopia (NBE) has notified Ermyas Amelga, founding shareholder and former board chairman of Zemen Bank— the only one-branch bank in Ethiopia— that he has been banned from holding a position in any bank for an unspecified period of time.
The letter, which Ermyas received on Tuesday, however, did not state the reasons and the details...
EEPCO hosts Adama & St. George faces Sidama Coffee in Week 12
Addis Ababa, Ethiopia – Current Ethiopia Premier League leader EEPCO will host 6th place Adama City here, while St. George travels south to face Sidama Coffee as Week 12 competition gets underway on Sunday.
In other matches, Defence Force will take on Mugher Cement; last placed Arba Minch City will accommodate Hawassa City and Dedebit FC travels east to meet Dire Dawa City.
The league will continue...
Access Resorts Hotel to secure $6 million loan from PTA Bank
Addis Ababa, Ethiopia – Access Resorts Hotel (ARH) is hoping to secure a loan of six million dollars from the Common Market for Eastern & Southern Africa (COMESA) Bank, a.k.a. Preferential Trade Area (PTA) Bank, to pay for the renovation and upgrading of Imperial Hotel, Fortune learnt.
The loan request has already been approved by the PTA Bank, and won the blessing of the National Bank...
Sunshine Construction close to sign franchise deal with Marriott International
Addis Ababa, Ethiopia - After delays lasting several months, Sunshine Construction is close to seal a franchise agreement involving the management of what will become the first Marriott apartment and courtyard hotels in Ethiopia to be built and owned by Sunshine Construction Plc. The company is expected to sign an agreement with Marriott in two months’ time, according to sources.
Marriot International...
Former Ethiopian Airlines CEO to serve Rwanda as Advisor
Addis Ababa, Ethiopia - The Rwandese government has appointed former CEO of Ethiopian Airlines, Girma Wake, as advisor to the Rwandese Ministry of Transport on aviation matters and also as board chairman of the RwandAir as of February 1.
Girma told The Reporter that he accepted the appointments as he wants to serve an African airline that could work in cooperation with Ethiopian Airlines in various...
