Who becomes Ethiopia’s next prime minister
By Andualem Sisay Gessesse – The surprise resignation of Hailemariam Desalegn as prime minister of Ethiopia has created…
Ethiopia
Ethiopia secures $1.6 billion additional revenue capturing fake invoices
By Andualem Sisay Gessesse – China and the United Arab Emirates (UAE) are the major sources of fake…
African Development Bank strengthens Ethiopia’s debt management capacity
The African Development Bank (AfDB) conducted last week the first of a series of capacity development sessions on…
European Investment Bank provides $100 million equity fund to Ethiopia
The European Investment Bank (EIB) will support private equity investment across Ethiopia though support for the new $100…
Ethiopian lift state of emergency
The government of Ethiopia today lifted the state of emergency the county declared on October 9, 2016 following…
European Investment Bank to introduce private sector leasing, lending initiative in Ethiopia
The Vice President of the European Investment Bank, Pim van Ballekom, is expected to arrive Addis Ababa for…
Concerns over wages as Ethiopia introduces textiles industrial park
By Andualem Sisay Gessesse – Hawassa, Ethiopia– In summary: Following the economic growth of Asian and Far East…
Ethiopia gets loan to provide water, sanitation to 3 million people
The African Development Bank (AfDB) Group and Ethiopia signed loan and grant agreements to the tune of $5.6…
Ethiopia secures finance to cut carbon emissions from deforestation
BY ANDUALEM SISAY GESSESSE – The World Bank (WB) on Friday launched a ten years program in Ethiopia…
UN urges Ethiopia to open unrest erupted areas for investigation
The United Nations High Commission Office for Human Rights, whose Commissioner is on official visit to Ethiopia, urged…
Ethiopia host Intergovernmental Panel on Climate Change meeting
Over 200 experts from about 60 countries are meeting in Addis Ababa, Ethiopia, to draft the outline of…
Ethiopia eyes shifting from importing to exporting plastic products
BY ANDUALEM SISAY GESSESSE –Following the increasing interest of both foreign and local investors in plastic products manufacturing,…
Ethiopia’s project on sexual harassment secures World Bank funding
The World Bank Group and Sexual Violence Research Initiative (SVRI) awarded funding to the Addis Ababa University School…
Saudi tycoon provides 55 trucks to drought affected in Ethiopia
Oromia receives Sheikh Mohammed Al-Amoudi’s 55 trucks of grain and 20 trucks of animal forage to support drought…
Ethiopia gets national public health training center
Ethiopia gets its first national public health training center built by the finance from the United States government.
Profit shifting companies steal $1.1 billion annualy from Ethiopia – report
Ethiopia loses over $1.1 billion every year by profit shifting companies, a new report reveals. The new individual…
United States Army Africa conducts exercises in Ethiopia
The United States Military, in partnership with The African Union Mission in Somalia (AMISOM) troop and police contributing…
Ethiopia’s banking industry grows double digit
A new report predicts double digit growth of Ethiopia’s banking industry. Ethiopia’s commercial banking sector will post a…
Garbage landslide death toll in Ethiopia reaches 62
Following the landslide of a mountain of garbage, 62 people died on Saturday evening in Addis Ababa. The…
Food insecurity in Ethiopia leads to inflation rise – report
Ethiopia will experience a resurgence in inflation over 2017 as food insecurity increases on the back of erratic…
Key facts about tourism in Ethiopia
Ethiopia generates substantial income from its tourism sector. The country received over 900,000 visitors in 2015. In the…
Azerbaijan commemorates victims of former Soviet army
The Azerbaijan Embassy in Addis Ababa, Ethiopia commemorates the 27th anniversary of the killings of 135 Azerbaijanis by…
Gondar, Queen’s Universities join MasterCard Foundation scholars program
Ethiopia’s University of Gondar and Canada’s Queen’s University today announced a 10-year, $24.2 million partnership. The partnership aims…
Hilton Addis Ababa celebrates 2016 elevate 1 graduates
Hilton Addis Ababa has celebrated the graduates of its 2016 Elevate 1, program. The 12 participants of the…
Ethiopia gets first e-booking services for bus transport
In an attempt of solving inconveniences that customers face while travelling from one region to another, Kifiya Financial…
Report highlights Al Shabaab’s changing tactics
The inter-governmental Authority n Development (IGAD), the eight-country trade and development bloc in eastern Africa, has launched a…
Old friends warming for second round war
After Eritrea became an independent nation in 1993, the country was doing well economically and politically. In fact,…
Return tax incentives or export Ethiopia warns agro-processors
By Andualem Sisay Gessesse – The Ethiopian government vows to force tax incentive beneficiary manufacturing companies return the…
Ethiopia aims learning from Kenya to improve its dairy sector
With aim of transforming Ethiopia’s dairy products using Kenyan experience, Schulze Global Investment (SGI), the United States based…
Ethiopia vows to combat trade misinvoicing
By Andualem Sisay Gessesse –Ethiopia is battling to stop the outflows of billions of dollars every year through…