Researchers at the Ethiopian Economic Association (EEA) advised Ethiopian policy makers to revise the existing national energy policy to overcome…
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US advises Ethiopia to liberalize telecom, finance sectors
The United States government has advised Ethiopia to liberalize its telecommunications, banking and insurance sectors to attract broad foreign investment.
Read MoreSaudi Star to install first rice processing plant in Ethiopia
Saudi Star Agricultural Development Plc, which is currently engaged in commercial rice farming in Ethiopia, is to construct rice processing…
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Ethiopia inaugurates new airport
The number of airports in Ethiopia increased to 15 after the capital city of Benishangul-Gumuz Reginal State, Assosa, gets a…
Read MoreEthiopia’s export to neighbors improves, import shrinks
Ethiopia’s export to its neighbors (Somalia, Sudan and Djibouti) has increased over the past two years, while import declines.
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Ethiopia’s fertilizer import bill triples
Ethiopia’s foreign currency spending on fertilizer import has almost tripled in December 2009 as compared to the previous month.
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Oromia Insurance increases asset 43 percent
Oromia Insurance Company, which joined Ethiopian insurance business a year ago, announced that its total asset has grown by 43…
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Ethiopia inaugurates hydro electric power station
Ethiopia, which has been in a severe electric power shortage few months ago, finally adds a new 420 Mega Watt…
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Exhibition opens displaying new universities
A photographic exhibition, which shows the 13 new universities built in Ethiopia over the past few years, opens at Goethe…
Read MoreChina, Ethiopia to boost trade to three billion USD
BY YENENEH SISAY – The Chinese government and Ethiopia announced that they are working to increase the bilateral trade between…
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Banking business in Ethiopia booming
Despite the global financial crises, banking business in Ethiopia is booming. Four new banks are currently under-formation while the existing…
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Authority revokes 82 business licenses
The Revenue and Customs Authority of Ethiopia over the past months revoked trade licenses of 82 businesses for not starting…
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