The company will deliver 29 SG 3.4-132 wind turbines to state-owned utility Ethiopian Electric Power (EEP) for the Assela project; the 100 MW wind farm will help power over 400,000 Ethiopian households;... Read more »
BY MUSSA MUHAMMED Illicit import and export trade has become a major challenge to Ethiopia’s economy. It creates a triple threat to the financing of development by crowding out legitimate economic activity,... Read more »
BY ABEBE WOLDEGIORGIS In the last two decades and a half, Ethiopia’s economic policies had been formulated and misguidedly implemented for the sake of short term advantages. As a result, the country... Read more »
BY MENGISTEAB TESHOME Ethiopian Investment Commission (EIC) Commissioner Lelise Leme on her New Year message calls on investors to invest in Ethiopia more than ever, for a number of reasons. In... Read more »
BY MUSSA MUHAMMED The National Bank of Ethiopia (NBE) has authorized the release of 5.5 billion birr to support the project that is set up to facilitate the growth of small and... Read more »
BY GETACHEW MINAS Poverty reduction is a core component of development in low income countries. Also, agricultural and rural development is a major component of economic growth and poverty reduction strategy. This... Read more »
ABEBE WOLDEGIORGIS These days, the shortage of foreign currency has become one of the common characteristics of Ethiopia’s macro-economy. It is common to hear the complaints of importers and exporters as they... Read more »
BY BACHA ZEWDIE Ethiopians overseas/Ethiopian Diaspora and persons of Ethiopian origin (PEO) play an important role in supporting the overall development of the country. Particularly, their participation in domestic economic and peace... Read more »
BY HIZKEL HAILU The Ministry of Trade and Industry recently announced that it is planning to enable the country earn as much as nine billion USD in the coming ten years from... Read more »
Safaricom and its partners have signed an agreement to borrow up to $500 million from America’s sovereign wealth fund US International Development Finance Corporation to fund expansion into Ethiopia’s telecommunications market. Safaricom... Read more »