Ethiopia to repatriate stolen wealth joining global network
To repatriate its stolen wealth and fight future illicit financial outflows, the Government of Ethiopia has applied to join the 199 member countries group.
Ethiopia provides $2.4 billion tax incentive for investors
As part of investment incentive, the Ethiopian Ministry of Revenue has provided duty free import privilege of 65 billion birr (around $2.4 billion at the prevailing exchange rate) in the past six…
Ethiopian helicopters kill 35 Al Shabaab fighters
UPDATED: Ethiopian Air Force helicopters hit Al Shabaab targets in Somalia, 75 kilometers east of Baidoa city, killing 35 fighters of the Islamist extremists.
UK appoints new Ambassador to Ethiopia
The United Kingdom (UK) has appoints Alastair McPhail to serve as its new Ambassador to Ethiopia.
Addis Ababa Police captures illegal weapons
The Addis Ababa Police Commission captures three illegal machine guns and thousands of bullets entering the capital of Ethiopia.
ITC expands East Africa, India business partnerships
For the past few years Indian private sector has been partnering with East Africa countries on selected investment areas under a project initiated by the Geneva based International Trade Center (ITC).
Business license deactivation growing in Ethiopia
The number of businesses who deactivate their business licenses has been increasing over the past few years reaching 737,930.
Saudi Arabia releases Ethiopia – Saudi billionaire
Saudi Arabia has released Ethiopia – Saudi billionaire Sheikh Mohammed Hussein Ali AL-Amoudi who has been in jail for corruption charges along other Saudi billionaires.
German president arrives Ethiopia
For four days’ official visit President of German Frank-Walter Steinmeier is set to arrive Addis Ababa, Ethiopia this afternoon.
Addis Ababa launches trust fund to rehabilitate street children
Spearhead by Deputy Mayor Takele Umma, Addis Ababa City Administration launches a trust fund that will be used for the rehabilitation of the city’s street children.
What makes IMF optimistic about Ethiopian economy
Last month the International Monetary Fund (IMF) has reflected its opinion on the past, current and future of Ethiopian economy.
Mass grave found in Ethiopia
The Federal prosecutor office of Ethiopia says it has found mass grave of 56 individuals in Somali region.
Ethiopia attracts $843 million foreign direct investment
Ethiopia has attracted $843 million foreign direct investment (FDI) in the last five months, said Investment Commission.
EU finance Ethiopia’s job creation effort
The European Union (EU) on Thursday agrees to provide 130 million euros to Ethiopia in support of the country’s effort to create jobs.