Foreign Minister Dr. Workneh Gebeyehu held discussions with his Egyptian counterpart Sameh Shoukry about bilateral issues, including the Grand Ethiopian Renaissance Dam. At a joint press statement they gave today, Foreign Minister Dr. Workneh said the dam will not harm any country. “This dam has no single harm on Egyptians,” he reiterated. According to the […]
Helen Hai, CEO of Made in Africa Initiative said Ethiopia could be a model in Africa in capturing jobs opportunities exported from abroad as a result of rising labour costs. According to Hai, what Ethiopia has been following is China’s model and she advised African governments to follow this development replica and aim to become […]
Ethiopia and African Development Bank (AfDB) have signed about 2.77 billion birr agreements which will be used for Addis Ababa Power Supply Improvement Project today. Of this, some 2.35 billion birr and about 415.66 million birr is in the form of loan and grant, respectively, and will be used to address existing constraints in electric […]
The government of Ethiopia and the World Bank today signed two financing agreements amounting to 470 million USD to improve quality of education, and productivity in livestock and fisheries. A grant amounting to 300 million USD to support the General Education Quality Improvement Project for Equity (GEQIP-E) is the first agreement that the two sides […]
Ethiopia’s burgeoning flower-growing industry is setting its sights on the U.S. in a bid to break the dominance of Latin American producers in supplying roses and other blooms to the world’s largest economy. State-owned Ethiopian Airlines Enterprise, whose domestic advertising clients now range from sports betting operators to fintech startups, is evaluating freighter flights through […]
Ethiopia continues to widen its lead as the fastest growing economy in East Africa, Kenya’s The Standard reported. Latest economic data by the Institute of Chartered Accountants in England and Wales (ICAEW) showed Ethiopia as the region’s largest contributor to growth during the turbulent fourth quarter period of 2017. Ethiopia recorded a massive 7.1 per […]
Prime Minister Hailemariam Dessalegn held discussion with Managing Director of the International Monetary Fund (IMF), Christine Lagarde, on various issues of mutual concern today. The Managing Director arrived in Addis Ababa for an official visit yesterday. Speaking about the objective of her visit, she said “I am here to better understand the economic development model […]
The International Monetary Fund (IMF) Managing Director, Christine Lagarde appreciated Ethiopia’s fast economic growth. The Managing Director expressed her appreciation following the discussion with the President of Ethiopia Mulatu Teshome at the national palace today. “We had a very productive discussion about the performance of the Ethiopian economy which is doing very well in terms […]
Addis Ababa, December 7, 2017 (FBC) – The United Nations Development Programme launched its Income Inequality Trends in Sub-Saharan Africa report this week in Addis Ababa, Ethiopia. туристический онлайн-справочник Лучшие Андроид планшеты Income Inequality Trends in sub-Saharan Africa: Divergence, Determinants, and Consequences explores and analyzes country trends and provides policy guidance that can help Sub-Saharan […]
Semera December 08/2017 Prime Minister Hailemariam Desalegn said that Ethiopians will overcome the challenges and become victorious in nation building as the foundation of the “New Ethiopia” is strongly built. The Premier made the remark while addressing the gathering in the town of Semera, Afar regional state to celebrate the annual nations, nationalities and peoples […]