ADDIS ABABA– The implementation of macroeconomic reforms has significantly encouraged Diaspora investment in Ethiopia, according to members of the Diaspora community. In interviews with the Ethiopian Press Agency (EPA), Diaspora members highlighted... Read more »
ADDIS ABABA – The Ethiopian Coffee and Tea Authority (ECTA) has announced a remarkable achievement in the first quarter of the 2024/25 fiscal year, generating 521.98 million USD from the export of... Read more »
BISHOFTU – African military delegates hailed military professionalism and capabilities of Ethiopia. The delegates made the remark yesterday while visiting the Ethiopian Air Force (ETAF) headquarters and Bishoftu Automotive Manufacturing Industry. Commending... Read more »
Ethiopia’s recent macroeconomic reforms, implemented during last July, are beginning to yield positive outcomes for the nation’s economic landscape, particularly in the realm of Foreign Direct Investment (FDI). The Ethiopian Investment Commission... Read more »
ADDIS ABABA – Prime Minister Abiy Ahmed (PhD) has called on Ethiopians to purchase shares of Ethio telecom, following the company’s decision to offer 10% of its shares to Ethiopian citizens. Speaking... Read more »
ADDIS ABABA – The Ministry of Education has announced its ongoing efforts to ensure all schools in Ethiopia have access to water, latrines, and hygiene materials, with support from aid organizations and... Read more »
Expands digital, int’l partnerships ADDIS ABABA – Dashen Bank, one of Ethiopia’s leading private banks, concluded the 2023/24 fiscal year with a profit before tax of 6.4 billion Birr, marking a 26.8%... Read more »
ADDIS ABABA – The International Institute of Rural Reconstruction (IIRR) and the Polish Center for International Aid (PCPM) launched support to development of emergency and disaster response services project in Ethiopia. The... Read more »
The Nile Basin Cooperative Framework Agreement (CFA) has officially come into force, confirmed by the African Union, marking a crucial step toward equitable and sustainable use of the Nile River. Despite this,... Read more »
ADDIS ABABA – The Ethiopian Securities Exchange (ESX) has praised Ethio-telecom’s decision to sell 10 percent of its shares as a significant step towards Ethiopia’s broader privatization efforts. Ethio-telecom, the country’s largest... Read more »