African Development Bank finances investment on energy
African Development Bank (AfDB) approves USD 50 million equity investment and USD 50 million convertible loan to seed…
Investment
Conference urges to making agriculture centre of Africa’s development
The 11th African Economic Conference (AEC) wound up in Abuja, Nigeria on Wednesday, after three days of intensive…
RENEW, Global Affairs Canada launch investment acceleration project in Ethiopia
RENEW announce the launch of a vital investment and business acceleration project in Ethiopia. The project, formally called…
Kenya leads in geothermal energy production
By the volume of the electricity it generated from geothermal energy source between 2010 and 2015, Kenya becomes…
Ethiopia launches $450 million urban poverty reduction program
With the aim of tackling the growing number of poor in urban areas, Ethiopian government in collaboration with…
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Ethiopia set to boost revenue 52 percent
The Ethiopian Revenue and Customs Authority set to increase government revenue for the fiscal year 2009/10 (July 8,…
Ethiopia GDP per capita hikes to 217 USD, says government
Ethiopian government says country’s GDP per capita has now reached 217 USD from 164 USD five years ago.
Ethiopia continues investing in power
Continuing its investment in power projects, Ethiopia inaugurated today (May 14, 2010) the Beles hydroelectric power generation plant,…
Economists advise Ethiopia to revise energy policy
Researchers at the Ethiopian Economic Association (EEA) advised Ethiopian policy makers to revise the existing national energy policy…
Banking business in Ethiopia booming
Despite the global financial crises, banking business in Ethiopia is booming. Four new banks are currently under-formation while…
Authority revokes 82 business licenses
The Revenue and Customs Authority of Ethiopia over the past months revoked trade licenses of 82 businesses for…