State companies in Ethiopia generate $8.2 billion revenue
The state enterprises in Ethiopia have generated a total revenue of over 300.5 billion birr (about $8.2 billion) during the budget year of the country concluded July 7, 2020.
Faked new Ethiopian currency notes seized in circulation
Within just a few weeks after Ethiopian Government has introduced new currency notes to fight organized crimes, police seized fake notes of the new currencies being circulated in Bahir Dar City of…
Manufacturing in Ethiopia promising investment, says top consulting firm
Manufacturing industries in Ethiopia remain to be the most promising and lucrative sectors for foreign investors, says head of the top local consulting firm.
Ethiopia gets support to improve research management competence
By Mekonnen Teshome – Participating in the Science Granting Councils Initiative (SGCI) enables Ethiopia boost its sustainable research management competence and experts. SGCI which is a project that aims at strengthening the…
Ethiopia’s Assela Wind Farm secures funding
The Ethiopian Parliament this week granted its final approval for the loan agreement signed by Ministry of Finance and Danske Bank for financing for the 100 megawatts Assela Wind Farm Project.
World Bank grants $80 million to Ethiopia
The World Bank has signed an agreement this week with the Government of Ethiopia to grant the Eastern African country $80 million.
Europe becomes major destination for Ethiopian commodities
Taking over the U.S and China markets, European countries have become the major importers of Ethiopian commodities during the budget year of Ethiopia concluded July 7, 2020.
Armed group kills 15 people in Ethiopia
Unidentified armed group today killed at least 15 civilians in Benishangul Gumz Region of Ethiopia.
New film sheds light on Ethiopia’s elephant crisis
The new documentary film “Ethiopia’s Elephant Crisis,” by award-winning American journalist and filmmaker Antoine Lindley, brings to the forefront the challenges that Ethiopia faces in wildlife conservation, especially its efforts to save…
Ethiopia gets the first local Angel Investors group
With the aim of funding entrepreneurs with promising business idea, the first local Angel Investors group, Addis Ababa Angels (AAA) Network has gone operational this week.
Ethiopia set to reopen schools in October
The Minister of education of Ethiopia gave green light for schools closed because of the global pandemic, coronavirus, to be reopened in October.
Office updates diplomats in Ethiopia about election
The Office of Attorney General has briefed diplomats based in the capital, Addis Ababa, about the upcoming 6th round of general election Ethiopia is set to hold within a year.
Landlocked developing countries need support- UN agency
The Economic Commission for Africa (ECA) on Wednesday participated in the Annual Ministerial Meeting of Foreign Ministers of Landlocked Developing Countries (LLDC) and highlighted the need for sustained and consistent support to…
Ethiopia, Austria to ink air transport accord
The Federal Government of Austria and the Government of Ethiopia have finalized preparation to sign air transport agreement here in Addis Ababa bidding to launch an air transport service between the two…