African Development Bank transparency ranking improves
The 2018 Aid Transparency Index Report, released by ‘Publish what you Fund’ has ranked the African Development Bank…
Ethiopia sacks two state bank presidents
Ethiopian government today announces sacking of two big state bank presidents. The Finance Institutions Enterprises Agency of Ethiopia…
GE provides power unit for village in Ethiopia
General Electric (GE) of the United States, the world’s premier digital industrial company, has commissioned a scalable micro…
Alibaba, UN train African entrepreneurs
Alibaba Business School and the United Nations Conference on Trade and Development (UNCTAD) brought 29 young entrepreneurs from…
How Ethiopia can repatriate stolen billions of dollars
After taking office three months ago, the new Prime Minister of Ethiopia Dr. Abiy Ahmed has repeatedly stated…
United States to invest $1 billion in Africa
Development finance institution of the United States government known as, Overseas Private Investment Corporation (OPIC), today launched its…
San Francisco to host Global Climate Action Summit
The Global Climate Action Summit is set to take place in San Francisco, CA, the United States, from…
United States commends AU’s reform efforts
The United States commends the African Union (AU) on the 31st AU Summit, held in Nouakchott, Mauritania that…
How sea-based drug trade undermines democracy
The east African coast plays an increasingly significant role in the global heroin trade. Heroin is shipped from…
Ethiopia removes rebel groups from terrorist list
The Council of Ministers of Ethiopia on Saturday has decided to take out the names of Ginbot 7,…
Nissan, Italdesign to unveil ultra-limited GT-R prototype
Nissan and Italdesign have created a new prototype vehicle – the Nissan GT-R50 by Italdesign – in their…
UN agency to set up African Women Leadership Fund
The UN Economic Commission for Africa is planning to set up the African Women Leadership Fund to help…
National Bank of Ethiopia needs complete reform
The former advisor at the National Bank of Ethiopia (NBE), who now calls the institution ‘money printing press’,…
Star Alliance opens new lounge in Rome
Star Alliance customers travelling from Rome can look forward to a new premium experience at Fiumicino Airport. The…
Ethiopia launches test crude oil production today
Poly-GCL Petroleum Investment Limited today officially kick start crude oil production test in Ogaden Region of Ethiopia. The…
United States fact-finding team concludes mission in Ethiopia
Ethiopia was the first stop of a four-nation President’s Advisory Council on Doing Business in Africa (PAC-DBIA) fact-finding…
Unites States companies set to speed Ethiopia’s WTO accession
Heads of major companies from the United States that are on official tour in Addis Ababa said they…
Economics professor disproves double digit economic growth of Ethiopia
The narratives of double digit economic growth of Ethiopia for over a decade was wrong and obtained as…
Washington D.C. forum to discuss diaspora roles in new Ethiopia
The 12th edition of the annual Ethiopian Diaspora Business Forum will this year focus on what roles the…
Eye Bank of Ethiopia celebrates 15th anniversary
The Eye Bank of Ethiopia (EBE) today celebrates its 15 years of service reversing corneal blindness through the…
Regional bloc commends Ethiopia-Eritrea talks
The Executive Secretary of the Intergovernmental Authority on Development (IGAD), Ambassador Mahboub Maalim, commends the Ethiopia – Eritrea…
Eritrea delegates arrives Addis Ababa
The delegation of Eritrean government sent by President Isaias Afwerki has arrived Addis Ababa this morning to start…
Ethiopian Airlines ventures with U.S. companies
Ethiopian Airlines announced partnerships with major companies of the United States including expanding business relation with Boeing, General…
FBI experts to investigate Addis Ababa bomb blast
The United States government has sent experts from the Federal Bureau of Investigation (FBI) to find out who…
Ethiopia to welcome Eritrean delegation this week
The Ministry of Foreign Affairs of Ethiopia said the country is preparing to welcome the delegation of Eritrea…
Regional organisations condemn bomb Addis Ababa bomb attack
The Chairperson of the Commission of the African Union, Moussa Faki Mahamat and chief of the Intergovernmental Authority…
Dozens arrested for bomb attack in Addis Ababa
Suspected of the Saturday Meskel Square rally bomb blast in Addis Ababa the federal police says it has…
Ethiopia Prime Minister Abiy Ahmed escapes assassination
At a rally organized in Addis Ababa support of the reformist new Prime Minister Abiy Ahmed of Ethiopia,…
Nigeria secures $1 billion for fertilizer plant
The International Finance Corporation (IFC), a member of the World Bank Group, today announced a new $1 billion…
Ethiopia, Tanzania, Kenya, Uganda best for investors
Ethiopia, Tanzania, Kenya and Uganda offer investors a reward score above the African continent’s average, according to the…