African Export Import Bank (Afreximbank) announced that it will provide a three-billion-US dollar credit facility to help African countries overcome the effects of the coronavirus (CO VID-19) pandemic. The bank said in a statement released yesterday that the Pandemic Trade Impact Mitigation Facility will help support foreign exchange reserves and assist commodity exporters with declining […]
The Council of Ministers has passed decisions the federal government employees to work from home effective March 25, 2020 until further notification. The measure has been taken to mitigate the spread of Coronavirus COVID-19, said the Council in a statement after holding an extraordinary session this morning. “Employees who will work from home will be […]
Prime Minister Dr Abiy Ahmed has called for coordinated response to tackle the potential threat of coronavirus (COVID-19) to the economies of African countries. He submitted a proposal for consideration during the upcoming Extraordinary G-20 Leaders’ Summit, scheduled to take place on Thursday to discuss ways to mitigate the impact of coronavirus on global economy. […]
Ethiopia has started distributing medical supplies to prevent the spread of coronavirus (COVID-19). The medical supplies were donated by Jack Ma Foundation through the initiative of Ethiopia’s Prime Minister Dr. Abiy Ahmed. An Ethiopian Airlines cargo fleet carrying medical equipment, which included testing kits, masks, and medical use protective suits and face shields arrived in […]
Ethiopia and Germany have signed a grant agreement amounting to €100 million today. The agreement was signed by Admasu Nebebe, State Minister of Finance and Mrs. Brita Wagner, Ambassador of Germany to Ethiopia. Due to the current global coronavirus (COVID-19) outbreak, the signing was held via a virtual ceremony to ensure the WHO recommended social […]
Prime Minister Dr Abiy Ahmed has announced the closure of all Ethiopia’s borders to prevent the spread of coronavirus (COVID19). He said the National Defence Forces were ordered to halt as of today the movement of people along all borders, with the exception of incoming essential goods to the country. The Prime Minister further said […]
Prime Minister Dr Abiy Ahmed last night held talks on the phone with Italian Prime Minister Giuseppe Conte. The Prime Minister expressed Ethiopia’s solidarity with the people of Italy in this difficult time. “We shall overcome this together and united as a global community,” said Prime Minister Dr Abiy in a twitter post. Italy announced […]
The World Bank’s Board of Executive Directors on Thursday approved $500 million in grant and credit in continued support of Ethiopia’s homegrown reform agenda. Of the total, $250 million is a grant and the remaining $250 million is credit, according to a press release issued by the bank. The second Ethiopia growth and competitiveness development […]
Ethiopians need to have a bold stance for fair and equitable utilization of the shared water resources of Nile River in their move to overcome poverty, scholars said. In an exclusive interview with ENA, President of Addis Ababa University Professor Tasew Woldehan said Ethiopians are in need of electricity. Researchers have proved that Ethiopia’s electricity […]
COVID 19 National Ministerial Committee met on March 20, 2020 and announced the following measures in addition to the measures issued on March 16, 2020. The Ministry of Foreign Affairs of FDRE would like to highlight measures that are of concern to the diplomatic & Int’l community resident in Ethiopia.