French finance minister to visit Ethiopia
The Finance Minister of France, Bruno Le Maire, is set to visit Ethiopia next week and discuss economic cooperation, among others.
Addis Ababa launches construction of Adwa center
The Addis Ababa city Administration has launched the construction of six projects in the capital worth 10.7 billion birr (close to $369 million) including grand Adwa center with library.
Ethiopia’s airport sees record number of passengers
Addis Ababa Bole International Airport of Ethiopia has seen a record number of passengers in one day. This week Wednesday July 17, 2019 was one of the busiest days for the Bole…
Ethiopia’s foreign currency reserve increases to $3.2 billion
The foreign reserve of Ethiopia which has been depleting for many years, has now improved and reached 3.2 billion.
Ethiopia Prime Minister arrives Asmara
Prime Minister of Ethiopia, Abiy Ahmed, has arrived Asmara, Eritrea, today for two days official visit, Eritrean Information minister said.
Ethiopia’s Sidama set to conduct referendum in five months
The National Electoral Board of Ethiopia (NEBE) said it is set to manage referendum in Sidama zone in the coming five months. The decision came in response to the quest of the…
Which hotel brand to join if you have $200 thousand?
How to get investment yields promptly without hotel business experience?– In popular travel cities, the influx of holiday travelers always brings many business opportunities to local hotels.
Khalifa Fund of UAE provides $100 million to Ethiopia
The Khalifa Fund for Enterprise Development of the United Arab Emirates (UAE) today agreed to provide $100 million for the government of Ethiopia to help entrepreneurs create jobs for the growing number…
Ethiopia police captures 15 Kalashnikov guns
Ethiopian police say it has captured 15 Kalashnikov guns and 7,800 bullets last week in the eastern part of Ethiopia, Afar region.
Electric transformer theft in Ethiopia increases
Electric transformer theft by organized criminals is increasing in Addis Ababa, Ethiopia, says the state power agency.
Ethiopia annual tax income hikes by $761 million
During Ethiopian fiscal year concluded on July 7, 2019, Ethiopia has collected a total tax revenue of 198.2 billion birr (around $6.9 billion), which is $761 million more compared to previous year.
Ethiopian offers free tour in Addis Ababa for transit passengers
Ethiopian Airlines (Ethiopian) announce to its global transit passengers that it provides free of charges complimentary transit tour to Addis Ababa, Ethiopia.
Hong Kong company takes Ethiopia’s Bahir Dar Industry Park
Hop Lun, the Hong Kong-based textile and garment company has decided to fully take over the recently built Ethiopia’s Bahir Dar Industry Park found in Amhara region.
United States to conduct joint military exercise in Ethiopia
The United States military and the Ethiopia National Defense Force, militaries from the nations of Brazil, Burundi, Canada, Djibouti, France, Germany, Italy, Kenya, Netherlands, Rwanda, Somalia, Uganda, United Kingdom are set to…