AfDB to Finance Ethio – Djibouti Joint Road Project

African Development Bank (AfDB) and Ethiopia ink a $98 million grant agreement from the African Development Fund (ADF) to finance the first phase of...

Ministry Encourages Japanese Investors to Invest in Ethiopia

Minister of Foreign Affairs of Ethiopia has encouraged Japanese investors to take part in various investment sectors in the country. While...

Ethiopia Secures over $2.6b from Export

Ministry of Trade and industry disclosed that Ethiopia has earned 2.67 billion USD from export trade in the 2011 Ethiopian budget year, which ended...

Al Hilal Starts to Assemble Gold Detector Device in Ethiopia

Gold detector devices assembly plant has been inaugurated in Addis Ababa, the capital of Ethiopia. The plant owned by the Dubai...

Ethiopia’s Airport Sees Highest Record Passengers

Addis Ababa Bole International Airport of Ethiopia, serving as the major gateway to Africa, has seen a record number of passengers in a single...

Ethiopian to Establish National Carrier in Nigeria

Ethiopian Airlines disclosed that it had been meeting with the Federal Government and private sector players on plans to establish a national carrier in...

Ethiopia Amends Investment Law to Encourage Private Sector

Ethiopian Investment Commission (EIC) said that the Government of Ethiopia has been amending the investment law in order to improve the investment and business climate...

Ministry Launches Online System to Enhance Business Interaction

Ethiopian Ministry of Mines and Petroleum saidit has launched online in a bid to enhance the interaction between the government and businesses.

Ethiopia Breaks Tree Planting World Record

Ethiopia breaks World Record by planting more than 353 million trees in 12 hours. Ethiopians have planted 353,633,660 trees seedlings...

Ethiopia, Uganda become part of Egmont Group’s Financial Intelligence Network

Financial Intelligence Units (FIUs) of two COMESA Member States, Ethiopia and Uganda have recently joined to the Egmont Group, a global financial network that...

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France’s Total makes second ‘significant’ gas find off SA’s southern coast

The discovery comes amid a general lull in exploration activity in response to lower prices and collapsing hydrocarbon demand.

Ethiopia: Works underway to privatize 10 sugar factories

Works are underway to privatize 10 sugar factories in a manner that benefits the country, said Ethiopian Ministry of Finance.

Ethiopia’s untapped tourism potential

Ethiopia has huge eco-tourism potential. It is blessed with natural tourist sites such high towering chains of mountain peaks, swarm of hills,...