Ministry stresses establishing tourism zone to promote dev’t

ADDIS ABABA – Tourism State Minister Sileshi Girma suggested the need to establish a tourism zone in the capital to promote tourism and social development. This was disclosed during a panel discussion... Read more »

Fitch upgrades Ethiopia’s credit rating

ADDIS ABABA – Fitch Ratings has upgraded Ethiopia’s Long-Term Local-Currency (LTLC) Issuer Default Rating from ‘CCC-’ to ‘CCC+’, citing a reduction in financial pressures and improved macro-economic stability. This upgrade represents a... Read more »

Ethiopia expands export horizons

Over 15 new products enter global markets annually ADDIS ABABA- Government initiatives in the manufacturing sector have significantly boosted the annual introduction of new export items , according to the Ministry of... Read more »

Czech Republic lauds Ethiopia’s reforms

Plans high-level visit to strengthen economic ties ADDIS ABABA- Ethiopia’s recent macroeconomic reforms are expected to address key economic challenges and boost investment, said Czech Republic Ambassador to Ethiopia, Miroslav Kosek. In... Read more »

Scholar prescribe counter-diplomacy towards HoA’s evolving geopolitics

ADDIS ABABA – As Ethiopia continues to face threats from anti-peace elements, a political science scholar suggested the need to involve in counter-diplomacy to defend both national security and regional peace across... Read more »

Ethiopia on track to meet export goals

The Ministry of Trade and Regional Integration (MoTRI) reported a significant rise in export revenue during its first-quarter performance review. This growth is attributed to macro-economic reforms launched at the beginning of... Read more »

Ethiopia’s revenue hits 180 bln Birr in Q1

Reports 890 mln USD FDI ADDIS ABABA– The Ministry of Planning and Development (MoPD) announced that Ethiopia secured 180 billion Birr in revenue and attracted 890 million USD in foreign direct investment... Read more »

Bank launches 3rd round entrepreneurship training

ADDIS ABABA – Dashen Bank has launched third round of its Dashen Kefita entrepreneurship pre-competition training in Addis Ababa, as part of its commitment of boosting entrepreneurship skills and empowering local entrepreneurs.... Read more »

Corridor dev’t enriches tourism, fosters growth: Bureau

ADDIS ABABA – The corridor development underway in the capital, Addis Ababa is significantly enriching tourism and fostering inclusive growth as it is creating vibrant space that captures the spirit of city,... Read more »

Nat’l dialogue sparks hope for lasting stability in Ethiopia

ADDIS ABABA – Ethiopia must seize the National Dialogue as a golden opportunity to address the country’s pressing challenges and achieve lasting peace, stressed representatives from the Ethiopian National Dialogue Commission (ENDC).... Read more »