Ethiopia debuts tourism satellite account

ADDIS ABABA – Ethiopia has launched the first Tourism Satellite Account (TSA), which is vital to transform the tourism industry and gauge its contribution to the national economy, the Ministry of Tourism... Read more »

Message of condolence

His Excellency late Prof. Beyene Petros, a revered figure in Ethiopian academia and politics, passed away on September 17, 2024, leaving behind a profound legacy of academics, politics, and public service. Appointed... Read more »

Issues exploration licenses for investors

ADDIS ABABA –Despite challenges in the 2023/24 budget year, the Amhara State Mines Resources Development Bureau disclosed that it has created over 25,200 jobs in the mining sector. In addition to its... Read more »

Gambella experiences increased food production

ADDIS ABABA – Yelemat Tirufat, a development program launched in 2022, has helped Gambella State to improve agricultural productivity and food security, State’s Livestock and Fishery Resource Development Bureau said. Gambella State... Read more »

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 »