EDR secures over 20mln USD in revenue

ADDIS ABABA (ENA) – Ethio-Djibouti Railway has secured more than 20 million USD in revenue from its freighter and passenger train services over the past eight months. Chinese embassy in Addis Ababa... Read more »

Factory with over 700 Kg/hr. coffee roasting capacity begins operation

ADDIS ABABA – Modern coffee processing factory that envisages boosting earnings from coffee export inaugurated in Addis yesterday. Melange Coffee Roaster which envisions penetrating the international market with its products is said... Read more »

Ministry distributes improved-seeds to eradicate stunting

ADDIS ABABA – Ministry of Agriculture said it has distributed improved seeds to farmers to strengthen effort of tackling stunting of children under the age of two. The Ministry oversees a multi-sectoral... Read more »

Cardiac Center to collect donation via SMS

ADDIS ABABA – Ethiopia Cardiac Center in cooperation with Ethio Telecom is to launch a short text message service at 6710 soon as part of the Center’s fund raising scheme. Center’s Medical... Read more »

Fulfilling preconditions for stock market

Contrary to the case in many countries, Ethiopia does not have a stock market if companies want to go public. After debating on the issue for more than two decades after Ethiopia... Read more »

Abiy emphasizes need to unlock private sector’s potential

ADDIS ABABA – Prime Minister Abiy Ahmed launched the Investment and Jobs Creation National Committee yesterday in the presence of Regional Presidents and Federal Ministers. Noting that Ethiopia has to unlock the... Read more »

Israel eyeing Ethiopia’s agricultural sector

ADDIS ABABA– Israeli Ambassador to Ethiopia Raphael Morav said that Israeli investors have been showing a growing desire to invest in Ethiopia’s agriculture sector capitalizing on its huge potential and geographic proximity.... Read more »

Perspectives on stock market in Ethiopia

Despite being the largest economy in East Africa, Ethiopia does not have a stock market. While the government is poised to set up the country’s first stock market by 2020, experts advise... Read more »

Authority awards coffee exporters

• Ethiopia secures 774.10 mln. USD from export of coffee, tea, spices BISHOFTU – The Ethiopian Coffee and Tea Authority awarded coffee exporters for better performances during the weekend. The Authority gave... Read more »

Nearly 2.2 mln. IDP return home

ADDIS ABABA– Nearly 2.2 million Internally Displaced People (IDP) have been returned to their homes, said Ethiopian National Disaster Risk Management Commission (NDRMC). Debebe Zewudu, Commission of Public Relations and Communications Director... Read more »