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EU grants 33 million euros to Ethiopia

EU grants 33 million euros to Ethiopia

May 9, 2019

The European Union (EU) is set to provide 33.5 million euros grant to the Government of Ethiopia for EU-TRUST Fund for Disaster Risk Reduction project.

Ethiopia reaps rewards of tax policy reform

May 6, 2019

Revenue collection in Ethiopia has increased significantly after the government implemented tax reforms to boost resources, said the African Development Bank (AfDB).

British company finds gas reserve in Ethiopia

British company finds gas reserve in Ethiopia

May 6, 2019

NewAge (African Global Energy Ltd), the British energy company has discovered 1.6 trillion cubic feet of natural gas reserve in the Ogaden basin of Somali Region of Ethiopia, local media reported.

New brewery unveils Anbessa Beer in Ethiopia

New brewery unveils Anbessa Beer in Ethiopia

May 4, 2019

United Beverages, a new entrant to the beer industry of Ethiopia, revealed “Anbessa Beer” a new brand showcasing an emblem of a lion on the move, with the tagline “crafted with courage”.