Ethiopia says no intention to allow foreign telecom operators
Speaking at the Economist Ethiopia Summit panel in the capital Addis Ababa this week, an Ethiopian government official…
NBE
e-Commerce in Africa on the rise
As e-commerce continues to gain popularity across the African continent, more effort needs to be paid towards facilitating…
Ethiopia to commence Woldiya-Mekelle railway construction
BY ELIAS GEBRESELASSIE WOLDEGEBRIEL After a long period of negotiation, a final signing ceremony for the Wediya- Mekelle…
Ethiopia set to expand airports
Ethiopia is set to expand its airport reach with construction of three airport runways in three major regional…
AU, private traders sign deal on regional free trade
The Pan African Chamber of Commerce and Industry (PACCI) and the African Union on Thursday signed a partnership…
Ethiopia eyes producing 1, 200 megawatts nuclear energy
Ethiopian government says it would target up to 1,200 Megawatts (MW) of electricity from nuclear energy as part…
Ethiopia struggles to clean up tanneries
BY ANDUALEM SISAY GESSESSE – Kasim Yirga was only 19 when he was first recruited by Modjo Tannery…
Helping the ‘collateral victims’ of AIDS
BY ANDUALEM SISAY GESSESSE – Sitting on an old mattress in front of a small house in Kimukunda…
Impact of Somali Refugees Influx on Ethiopia
BY ANDUALEM SISAY GESSESSE – WEEKEND READING – A burned tank is left on the side of a…
Ethiopia’s Challenge: Balancing Agriculture with Environmental Protection
BY ANDUALEM SISAY GESSESSE- Atnafu Endashaw, 12, travels on foot two hours every day from home to school.…
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…
Dancing the bio-fuel samba
By Tesfu Telahoun To describe Ethiopia as a large country is to understate the sheer size of this…
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,…
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…
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…
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…
Ethiopia to boost budget 20 percent
Ethiopian Minister of Finance and Economic Development (MoFED) presented to the Parliament a 20 percent national budget increment…
Ethiopia 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.
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 continues investing in power
Continuing its investment in power projects, Ethiopia inaugurated today (May 14, 2010) the Beles hydroelectric power generation plant,…
Ardent 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…
Economists advise Ethiopia to revise energy policy
Researchers at the Ethiopian Economic Association (EEA) advised Ethiopian policy makers to revise the existing national energy policy…
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…
Saudi 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…
Ethiopia inaugurates new airport
The number of airports in Ethiopia increased to 15 after the capital city of Benishangul-Gumuz Reginal State, Assosa,…
Ethiopia’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…
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…
Oromia Insurance increases asset 43 percent
Oromia Insurance Company, which joined Ethiopian insurance business a year ago, announced that its total asset has grown…
Ethiopia inaugurates hydro electric power station
Ethiopia, which has been in a severe electric power shortage few months ago, finally adds a new 420…
Exhibition opens displaying new universities
A photographic exhibition, which shows the 13 new universities built in Ethiopia over the past few years, opens…