Some facts about Grand Ethiopia Renaissance Dam

* On April 2, 2011, the foundation stone of the Grand Ethiopian Renaissance Dam (GERD) was laid on * Project site: Guba Woreda of Benshangul Gumez State  * Dam size: 145m high... Read more »

Ethiopia eyeing to modernize its financial sector

Experts in the financial sector argue that the sector needs reform taking into account the country’s economic realities, and the level other countries, including East African countries, are currently at. They agree... Read more »

“Humanity, brotherhood and sharing were the common features in Africa’s culture” Getachew Kassa (PhD)

Today’s guest is Getachew Kassa. (PHD). Getachew was born in Guji Zone, Oromia State Ethiopia. He started his education in one of the schools in his hometown. He earned his BA from... Read more »

“Opportunity awaits Ethiopian companies on upcoming Expo”

“Belt, Road Forum will further strengthen Ethio-China economic cooperation”, Counselor ADDIS ABABA- Economic and Commercial Counselor Office of the Embassy of the P.R. China in Ethiopia, said large business opportunity will await... Read more »

Ethiopia, Kenya push back as Diamond League drops 5,000m

ADDIS ABABA – The Ethiopian athletics governing body, the Ethiopian Athletics Federation, EAF, announced that the IAAF’s decision to drop the 5,000 meters from its Diamond League track and field series is... Read more »

St. George suffer defeat Mekele extend their unbeaten run to ten

ADDIS ABABA – As the second round of the Ethiopian Premier League, EPL, began Mekele Saba Inderta extended their unbeaten run to ten with a comfortable 4-1 victory over the bottom side... Read more »

Concerns hang over Boeing 737-MAX 8 as more countries suspend the model

ADDIS ABABA –Over 40 countries across the globe including all EU member states, China and India and other largest carriers have grounded the Boeing 737 Max 8 aircraft while the plane maker... Read more »

Ethiopia looks to ‘movable asset’ loan to unleash its entrepreneurial spirit

In the past few days, many reports have indicated that Ethiopia is preparing a draft bill whereby banks will take movable assets as collateral for lending. It is expected that the draft... Read more »

Financial institutions freezing debt cancellation initiative

International Financial Institutions, including IMF and World Bank, are turning a cold shoulder on the treasury departments of under developed countries pertaining to debt cancellation, so disclosed Ministry of Finance and Economy.... Read more »

Project to connect Modjo dry port with industrial parks

ADDIS ABABA- Modjo dry port is set to be linked with industrial parks through rail and road infrastructure to boost the country’s exports, said Ethiopian Shipping and Logistics Services Enterprise (ESLSE). Ashebir... Read more »