Ethiopia’s export earning continues to decline
Ethiopia’s export performance which has been declining since 2012, has dropped by $170 million for the fiscal year…
August 2019
Dystopia – Why can’t our MPs look one another in the face?
By Tesfu Telahoun Abebe – A visitor to virtually any Tewahedo Orthodox church will note that, in addition…
Ethiopia – Djibouti railway makes $20 million
Ethio – Djibouti railway has secured more than $20 million in revenue from its freighter and passenger train…
Danish minister visits project in Ethiopia
The Minister for Development Cooperation of Denmark, Mr Rasmus Prehn, visited development projects in Wukro Town of Tigray…
New coffee roasting company goes operational in Ethiopia
Melange, a new coffee roasting and packing company, officially inaugurates its coffee processing plant in the capital Addis…
Ethiopia gets first foreign leasing company
Ethio Lease, a subsidiary of Africa Asset Finance Company Inc. (AAFC), a US-headquartered equipment finance firm, enters Ethiopian…
Ethiopian army company pleas for $2 billion debt cancellation
The highly indebted and implicated in grand corruption and embezzlement military owned company (Metal Engineering Corporation (METEC), made…
Over 500 people arrested in South Ethiopia
Over 500 people arrested in relation to the recent violence in Southern Ethiopia, which led to the death…
Are we hypocritical, self-hating and tribalistic pseudo-patriots?
By Tesfu Telahoun Abebe – First time visitors to Addis Abeba often remark on the abundance of coffee…
Inflation remains double digit in Ethiopia
For over one year both food and non-food inflation in Ethiopia continue to register double digit with 12.6…
Ethiopia secures $56 million from contraband trade
The Customs Commission of Ethiopia has confiscated worth 1.6 billion-birr ($56.3 million) items from contraband traders during the…
Ethiopia, Djibouti secure finance for joint road project
The government of Ethiopia and the African Development Bank Group on Monday have ink a $98 million grant…
Al Hilal begins assembling gold detector devices in Ethiopia
A company named, Al Hilal Gold Mining, is set to inaugurate Ethiopia’s first modern gold detector device assembly…
Ethiopia imports 135, 457 vehicles in a year
The total number of vehicles Ethiopia has imported and registered last year (the fiscal year ended July 7,…
Ethiopia opens banking business for foreigners with Ethiopian descent
The House of Peoples’ Representatives (Ethiopian Parliament), in its second urgent session today, has approved draft proclamations of…
Ethiopian Parliament postpones election
The House of Peoples’ Representatives (Ethiopian Parliament) unanimously approved the proposal to postpone general elections in the capital,…