Currently, the service sector is emerging in tandem with Ethiopia’s agriculture-driven economy. Some economists consider the economic trend as an unhealthy one. As a result, economists argue that the country needs to... Read more »
ADDIS ABABA-Leaders of the Ethiopian civic societies expressed desire to play a meaningful and constructive role for the implementation of the ongoing broad-based reforms that aim to improve the socio-economic and political... Read more »
ADDIS ABABA– Ethiopian Investment Commission (EIC) has drafted a new investment proclamation to modernize the service delivery and attract more Foreign Direct Investment (FDI). Ease of doing business is among the prior... Read more »
ADDIS ABABA – Ministry of Finance has announced that preparation are finalized to partially privatize the Ethio-telecom and Sugar factories and opening of the sector for competition. Ministry of Finance provided updates... Read more »
ADDIS ABABA – A vibrant and responsible private sector is crucial for attaining the Sustainable Development Goals, according to Addis Ababa Chamber of Commerce and Sectoral Association (AACCSA). During a two days... Read more »
ADDIS ABABA – Industrial Parks Development Corporation (IPDC) reported that Ethiopia got 110 mln USD from the export goods of government Industrial parks in 2018/19 fiscal year. IPDC’s Chief Executive Officer, Lelise... Read more »
Gilgel Gibe III hydro plant contributes 30-40 percent of the national annual energy generation. The water level of the hydro dam, however, has fallen significantly, exacerbating electricity deficit and pushing the country... Read more »
ADDIS ABABA- Chinese Ambassador to Ethiopia Tan Jian vowed to promote Ethiopia’s attractions and increase the inflow of Chinese tourists to Ethiopia. In an exclusive interview with The Ethiopian Herald, the Ambassador... Read more »
ADDIS ABABA – The ongoing National Greening Program, an initiative of Prime Minister Dr. Abiy Ahmed, will hugely reward lower riparian countries of Nile, Eastern Nile Technical Regional Office (ENTRO) said. ENTRO’s... Read more »
ADDIS ABABA- With a view to replacing old coffee trees, over 1.5 million coffee seedlings will be planted this rainy season, Ethiopian Coffee and Tea Authority told The Ethiopian Herald. The young... Read more »