Center predicts metropolis to be African urban hotspots by 2035

ADDIS ABABA – Addis Ababa, heart of Africa, is projected to be the key emerging urban hotspot in Africa by 2035, according to the Economist Intelligence Unit’s report. While traditional African megacities... Read more »

Ethiopia’s economic projections in this FY

ADDIS ABABA – Ethiopia’s economy has been projected to grow by 8.4% for during 2024/25 fiscal year (2017E.C)… Having implemented the homegrown eco­nomic reform , the reform has been expected to attract... Read more »

Skylight Hotel expects customer influx

ADDIS ABABA- Skylight Hotel, a subsidiary of Ethiopian Airlines Group, is expecting new customer influx as it expands operations by managing resorts constructed under the Dine for the Nation project. According to... Read more »

New forex directives boost financial inclusion: NBE

-Allocates 100 bln Birr loan for investment ADDIS ABABA – Ethiopia’s recent foreign currency directives have boosted financial inclusions and enhanced market-based foreign currency system,the National Bank of Ethiopia (NBE) disclosed. NBE... Read more »

Ethiopia to host IGAD’s sustainable tourism master plan

-Finalizes to launch first Tourism Satellite Account ADDIS ABABA – Ethiopia and other members of the Intergovernmental Authority on Development (IGAD) would officially launch a regional sustainable tourism master plan in Addis... Read more »

Ethio-China trade ties see promising growth

ADDIS ABABA – Ethio- China trade ties is gathering momentum , so stated Ethiopia’s Embassy in Beijing , China . Ethiopia’s Ambassador to China, Tefera Derbew said that the trade relations between... Read more »

Local NGO boosts youth engagement for climate action

  ADDIS ABABA– Eco-justice Ethiopia, a local NGO, is ramping up efforts to promote youth involvement in environmental conservation as a pathway to sustainable community development. Together with Serve Global, the organization... Read more »

S. Korea lauds Ethiopia’s political commitment to executing GLI, corridor dev’t

ADDIS ABABA – South Korea’s ambassador to Ethiopia Jung Kang commended the Ethiopian Government’s political commitment in executing the ongoing corridor development in Addis Ababa and the Green Legacy Initiative across the... Read more »

 MIDROC eyes leading role in Ethiopia’s private sector

Rewards 400 top-performers ADDIS ABABA – The MIDROC Investment Group is striving to take a dominant position in Ethiopia’s private sector GDP by boosting production and productivity. The company yesterday recognized over... Read more »

Arba Minch sees high horticulture production

ADDIS ABABA-Technical support and skills training in horticulture development have increased yields and profits thereby improving livelihoods, Farmers growing horticultural crops at the outskirts of Arba Minch city said. Farmers residing in... Read more »