Ethiopia secures $1.8 billion from China
The State Grid Corporation of China (SGCC) is set to invest $1.8 billion in Ethiopia’s electric power transmission and distribution lines.
Ethiopia jails 3 GIZ employees for illegal trade
The Customs Commission of Ethiopia today announced arresting three GIZ employees for abusing diplomatic privilege and importing worth 219.4 million birr (close to $7.7 million) goods without paying tax.
Ethiopia’s state bank deposit surpasses $17 billion
The total deposit of Commercial Bank of Ethiopia (CBE) exceeds half a trillion birr (over $17 billion), said the recently appointed president of EBE.
Malaysian company to produce edible oil in Ethiopia
Golden Africa, a Malaysian company is set to invest in edible oil manufacturing in Ethiopia creating jobs for 1,500 people in two years time.
Korea Exim Bank provides $264 million to Ethiopia
South Korea Exim Bank has provided $264 million loan to the Government of Ethiopia supporting ongoing development projects of the government.
Ethiopian custom seizes $39,700 illegal cash
The customs officers at the Togochale customs post in the eastern part of Ethiopia bordering Somalia seized $39,700 cash from an individual who was trying to smuggle out the cash.
Two people die at construction site in Addis Ababa
Two people die in the capital of Ethiopia, Addis Ababa, this morning at a construction site landslide accident.
Addis Ababa City to boost water coverage to 66 percent
The capital of Ethiopia, Addis Ababa City is set to boost its water supply coverage to 66 percent within the coming 18 months.
37 primary students collapse in Ethiopia
Thirty-seven primary school students at the outskirt of Addis Ababa, Ethiopia, collapsed on Thursday hospitalized, says ruling party media.
Ethiopia aims to make wheat import history
The Ministry of Agriculture of Ethiopia says it has revealed a plan to make wheat import history within four years.
Ethiopia drafts petroleum policy
The Government of Ethiopia, which eyes oil and gas as major income generator over the coming years, has drafted petroleum policy.
Ethiopia collects $5 billion tax
The revenue authority of Ethiopia says it has collected 145 billion birr ($5 billion) during the first nine months of Ethiopian fiscal year started July 8, 2018.
Marriott eyes expanding presence in Ethiopia
President and CEO of Marriot International, Arne Sorenson, who met Ethiopia’s President Sahle-Work Zewde in Addis Ababa this morning, expresses Marriott’s plan to expand its presence in Ethiopia.
United States helps Ethiopian health professionals training
The United States Government, in collaboration with Ethiopian Public Health Institute (EPHI), and the World Health Organization trained 110 health professionals from Ethiopian Federal Police Commission and Ethiopian Ministry of Defense.