BY ANDUALEM SISAY GESSESSE- Atnafu Endashaw, 12, travels on foot two hours every day from home to school. He is…
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Ethiopians prefer driving home-grown cars
By Luc van Kemenade for newBusinessEthiopia.com With public purchasing power on the rise, Ethiopia’s small but emerging middle class yearns…
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Dancing the bio-fuel samba
By Tesfu Telahoun To describe Ethiopia as a large country is to understate the sheer size of this truly vast…
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Ethiopia set to boost revenue 52 percent
The Ethiopian Revenue and Customs Authority set to increase government revenue for the fiscal year 2009/10 (July 8, 2010 –…
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On Earth as it is in Heaven…
Since the dawn of civilization and up to the late 1960s, Ethiopia has played prominent even leading roles in the…
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Ethiopia fails to meet reserve fuel target
The Ethiopian Ministry of Mines and Energy (EMoME) failed to meet national target of increasing reserve oil of the country…
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Nyota Minerals buys 80 percent share in Ethiopia
Following approval received at shareholder meeting last week, Nyota Minerals Ltd. (NYO.AU) announced yesterday, June 14, 2010 that it acquires…
Read MoreEthiopia to boost budget 20 percent
Ethiopian Minister of Finance and Economic Development (MoFED) presented to the Parliament a 20 percent national budget increment (1.5 billion…
Read MoreEthiopia GDP per capita hikes to 217 USD, says government
Ethiopian government says country’s GDP per capita has now reached 217 USD from 164 USD five years ago.
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Ethiopia shifting economic partnership from West to East
Trade privileges from Europe’s Everything But Arms (EBA) and America’s African Growth Opportunity Act (AGOA) are not stopping Ethiopia from…
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Ethiopia continues investing in power
Continuing its investment in power projects, Ethiopia inaugurated today (May 14, 2010) the Beles hydroelectric power generation plant, which cost…
Read MoreArdent Energy Group to outsource biofuel farm in Ethiopia
Ardent Energy Group Inc, a Nevada Corporation with a branch in Ethiopia engaged in a biodiesel fuel development announced that…
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