Ethiopia earns $500 million from coffee export
Ethiopia earns about $500 million dollars from export of coffee over the first eight months of Ethiopia’s current budget year, which began July 8, 2019.
Tag: South Korea
Ethiopia pleads to G20 to rescue African economies
As the leaders of the wealthiest nations begins their extraordinary summit this week, the Government of Ethiopia today appeals to the G20 to rescue African economies, which began feeling the … Read More
Emirates suspends flights to stop COVID-19 spread
In response to COVID-19 pandemic Emirates suspends most its passenger flights by 25 March 2020, while retaining its cargo operations.
Kenya confirms first Coronavirus case
Kenya’s Health Cabinet Secretary Mutahi Kagwe confirmed the first Coronavirus case, a Kenyan national who recently returned home from the United Sates via London.
Pompeo promises to drive U.S. investments to Ethiopia
The United States Secretary of State Michael R. Pompeo, who is visiting Ethiopia, promises to encourage and provide support to United States companies aspiring to invest in Ethiopia.
Ethiopia premier arrives Seoul, South Korea
Prime Minister of Ethiopia, Abiy Ahmed arrives the capital of South Koreas, Seoul, on Sunday for official visit focusing on strengthening ecomomic ties between the two countries.
Is Ethiopia burying or currying Developmental State?
The fate of a much-praised economic policy in politically overhauled country – By Andualem Sisay Gessesse – An article published recently by Addis Standard, a local media, titled, Ethiopia’s developmental … Read More
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.
Korea provides $300 million loan to Ethiopia
The Government of Korea has provided $300 million to the Ethiopian Government for development of science and technology, and construction of bus line in Addis Ababa.
Hyundai opens car assembly in Ethiopia
The Korea auto brad Hyundai has opened a assembly plant in Ethiopia. The Assembly is opened by the agent of Hyundai in Ethiopia, Marathon Motors, which is owned by Ethiopian … Read More
Africa bank boss donates half a million dollar to hungry Africans
African Development Bank President Akinwumi Adesina, who won the 2019 Sunhak Peace Prize Laureate, donates the prize money to the hungry people in Africa.
South Korea to partner with Africa on technology
In partnership with the African Development Bank, Korea expressed its readiness to step up technology transfers to Africa, officials said in Seoul today.