Emperor Haileselassie’s statue reflects African liberation, integration: Researcher

ADDIS ABABA – The statue of Emperor Haileselassie, built and erect in the premises of the African Union (AU), will portray Emperor Haileselassie’s role in establishing the OAU/AU, and his contributions to... Read more »

Norway vows to support Ethiopia’s reform

. Prime Minister of Norway to pay visit to Ethiopia ADDIS ABABA – Norway’s International Development Minister Dag-Inge Ulstein, who is in a four-day official visit to Ethiopia, said that his country... Read more »

Behind Ethiopia’s export underperformance, and ways to deal with it

Last week, while presenting Minister of Trade and Industry’s six month report before the Parliament, Minister Fetlework Gebregziabher stated that Ethiopia has missed its export targets by huge margin. As per the... Read more »

Four public enterprises to get partially privatized: Ministry

. Ethiopia earned more than 977 million USD from export in five months ADDIS ABABA-. Government selected four enterprises for partial privatization, with Ethio Telecom getting first in line for initial privatization,... Read more »

Renegotiating debt payback time

Of late, the Ministry of Finance announced that the country’s international and domestic debt is estimated to be 50 billion USD or 1.4 trillion Birr. The government is also expected to pay... Read more »

Foundation eyeing education sector to boost Ethio-UAE ties

ADDIS ABABA- Supporting Ethiopia’s education quality improvement policy and financing the construction of schools in various parts of Addis Ababa, the UAE based Al Maktoum Foundation (AMF) is playing its part in... Read more »

Electric utility sets to install new technologies

ADDIS ABABA – Ethiopian Electric Utility (EEU) said it has finalized preparations to install stateof-the-art technologies in a bid to advance the quality and accessibility of its services. Approached by The Ethiopian... Read more »

Expanding high-tech financial resources mobilization

Praising the rapid expansion of bank branches and improved penetration of modern services including electronic banking, mobile banking, ATM and Point-of-Sale machines, experts in the field say that the sector is looking... Read more »

Gov’t urged to hasten loan repayments

ADDIS ABABA- The huge allocation of foreign and domestic loans to infrastructural projects slows the returning of debts thereby increasing Ethiopia’s level of indebtedness, economics expert said. Economics Associate Professor at Dilla... Read more »

Shortening projects execution period viable option: Premier

ADDIS ABABA – Corrective economic measures have been introduced to exhaustively use resources at hand and avoid ambitious and capital intensive projects that require large and external loans, Prime Minister Dr. Abiy... Read more »