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Latest Headlines

Kenya confirms first Coronavirus case

March 13, 2020

Kenya’s Health Cabinet Secretary Mutahi Kagwe confirmed the first Coronavirus case, a Kenyan national who recently returned home from the United Sates via London.

Namibia gets $129 loan to boost economy

March 12, 2020

The Board of Directors of the African Development Bank has approved a $129.4 million (ZAR 2.011 billion) loan to finance the Namibia Economic Governance and Competitiveness Support Programme, EGCSP.

U.S. launches innovation competition in Ethiopia

Japan, U.S. launch innovation competition in Ethiopia

March 11, 2020

The U.S. government and Japan International Cooperation Agency (JICA) today launch the third round of nationwide innovation competition to encourage young Ethiopians to address community issues through the application of software, hardware…

Ethiopian farmers to get mechanization service centers

Ethiopian farmers to get mechanization service centers

March 6, 2020

The Ethiopian Agricultural Transformation Agency (ATA) has signed subgrant agreements with eight cooperative unions and two entrepreneurs for the construction of 10 standardized Mechanization Service Centers (MSC) across Ethiopia. The grant is…

Commercial Bank of Ethiopia gets new boss

Commercial Bank of Ethiopia gets new boss

March 6, 2020

The Commercial Bank of Ethiopia (CBE), the state owned financial institution with over half market share in the country’s banking industry, gets a new president.

U.S. provides $10 million to fight locust in East Africa

U.S. provides $10 million to fight locust in East Africa

March 6, 2020

The United States, through the U.S. Agency for International Development (USAID), is providing an additional $10 million in humanitarian assistance to support regional operations to control locusts in Ethiopia, Kenya, and Somalia.…

Ethiopia food inflation rate reaches 21 percent

March 5, 2020

Moving average inflation rate for food items in Ethiopia for the month of February 2020 has gone up to 20.9 percent from 19.8 percent the previous month, the state agency said.

Ethiopia launches fundraising to complete Nile Dam

March 5, 2020

The Government of Ethiopia on Wednesday launched another round of fundraising to complete the construction of the Great Ethiopian Renaissance Dam (GERD), which has the capacity to generate 6,000 megawatts of electricity.