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Ethiopia collects $5.5 billion tax revenue

Ethiopia collects $5.5 billion tax revenue

April 29, 2020

Over the past nine months (July 2019 to March 2020) the government of Ethiopia has collected 183.2 billion birr ($5.5 billion at the current exchange rate).

Ethiopia launches study to process natural gas

Ethiopia launches study to process natural gas

April 28, 2020

The Government of Ethiopia has awarded a yearlong study to a United States company to realize conversion of its natural gas deposit into liquid petroleum gas (LPG) and other petrochemicals.

Ethiopia makes hundreds homeless amid COVID-19

Ethiopia makes hundreds homeless amid COVID-19

April 28, 2020

Amnesty International, the global rights defender, accused the Addis Ababa municipality led by Mayor Takele Uma, for “demolishing dozens of homes belonging to day labourers over the past three weeks”,making at least…

Ethiopia economy declines 11 percent by COVID-19

Ethiopia economy declines 11 percent by COVID-19

April 27, 2020

The economy of Ethiopia will shrink between 5.6 to 11 percent as a result of coronavirus (COVID-19) pandemic, stated a paper by the renowned Addis Ababa University Economics Professor Alemayehu Geda.

Ethiopia - Al Amoudi fires MIDROC CEO Dr. Arega

Ethiopia – Al Amoudi fires MIDROC CEO Dr. Arega

April 27, 2020

Sheikh Mohammed Hussein Ali Al Amoudi, the Ethiopian born Saudi billionaire today fired Dr. Arega Yirdaw, CEO of the biggest investment group in Ethiopia, Mohammed International Development Research and Organization Companies (MIDROC)…

Ethiopia mobilizes local leaders against COVID-19

Ethiopia mobilizes local leaders against COVID-19

April 24, 2020

In the wake of the COVID-19 induced state of emergency in Ethiopia, the International Organization for Migration (IOM) is mobilizing its network of local community leaders to help with awareness and prevention…

How coronavirus saves Ethiopians from bloodshed

How coronavirus saves Ethiopians from bloodshed

April 24, 2020

BY ANDUALEM SISAY GESSESSE – Since Ethiopia announced its first confirmed cornavirus (COVID-19) case in mid-March, the number of patients infected by the pandemic in the country has been growing and reached…