Japan, ADB announce 3.5 bln. USD to support Africa’s private sector development

ADDIS ABABA – Japan and the African Development Bank (ADB) on Friday announced a joint target of 3.5 billion USD under the Enhanced Private Sector Assistance for Africa initiative (EPSA4), during the... Read more »

Rekindling the historic Ethio-Korean ties

Prime Minister Abiy’s latest destination in his quest to revitalize Ethiopia’s foreign relations and development ties was the Republic of South Korea. Abiy, who arrived in Seoul, South Korea, on Sunday for... Read more »

PM Abiy attends 7th TICAD

TICAD re-designed to become more business oriented  Prime Minister Abiy Ahmed and his delegation are attending the 7th Tokyo International Conference on International Development (TICAD) with other African leaders and development partners.... Read more »

FM Gedu expresses Ethiopia’s readiness to welcome Japanese investors

ADDIS ABABA – Minister of Foreign Affairs, Gedu Andargachew, expressed Ethiopia’s readiness to enthusiastically welcome Japanese investors who opt to invest in the country. The Foreign Minister held talks with Japanese investors... Read more »

Ethiopia cultivates 113,000 hectares of land through irrigation

Irrigated land reaches 2.2 mln. hectares   ADDIS ABABA – Ethiopia has cultivated more than 113 thousand hectares of land through irrigation during the previous budget year said Minister of Agriculture (MoA).... Read more »

Researchers discover cranium of 3.8 million- Year- Old human ancestor

ADDIS ABABA – A team of researchers announced that it has discovered a cranium of a 3.8 million years old early human ancestor in Afar region of Ethiopia. Dr. Yohanese Haile-Sellasie, Cleveland... Read more »

Gov’t committed to finalizing GERD construction: Office

– Citizens bond purchase surpasses 970 mln. Birr ADDIS ABABA – Office of the National Council for the Coordination of Public Participation of the Grand Ethiopian Renaissance Dam (GERD) said the government... Read more »

Horticulture sector earns 300 mln. USD from export

ADDIS ABABA – Ethiopia has earned 318 million USD from horticulture sector in the previous fiscal year, said Investment Commission (EIC). Mekonen Hailu, Communication Director at EIC told The Ethiopian Herald Ethiopia’s... Read more »

Africa needs 3 trillion USD for climate action

ADDIS ABABA– The continent of Africa requires close to three trillion USD of conditional and unconditional financing to implement climate mitigation and adaption actions. Speaking on a Climate Change Action Summit held... Read more »

Nations should cooperate in integrating stability, economy

Ethiopia has been working strenuously to ensure peace at home as well as in the region. As a result, it has been recognized as a stabilizing or pacifying force in the horn... Read more »