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Ethiopia plans to have 15 industrial parks by June 2018

Ethiopia has planned to increase the number of its industrial parks to 15 by June 2018 as part of its efforts to boost manufacturing and export. Speaking exclusively to Xinhua on Thursday, Arkebe Oqubay Board...
Awash bank leads pack with 1.4 bln birr profit

Awash bank leads pack with 1.4 bln birr profit

Awash Bank, the first private bank that commenced business after the Ethiopian Peoples’ Democratic Front (EPRDF) came to power, has earned a little over 1.4 billion birr gross profit holding its lead among private...
Ethiopia earns record 866 mln USD from coffee export

Ethiopia earns record 866 mln USD from coffee export

Ethiopia has announced a record 866-million-U.S.-dollar earning from coffee export during the just concluded fiscal year. The announcement by the Ethiopian Coffee and Tea Development and Marketing Authority on Wednesday said Ethiopia has secured the...
UK announces £90 million funding for family planning in Ethiopia

UK announces £90 million funding for family planning in Ethiopia

The UK Department for International Development announced £90 million of support for family planning in Ethiopia. The UK, through its Department for International Development today announced its new Family Planning by Choice program, which will provide...
Kombolcha industrial park inaugurated

Kombolcha industrial park inaugurated

Ethiopia has inaugurated Kombolcha industrial park in a colorful ceremony today. Ethiopian Prime Minister Hailemariam Desalegn on the occasion said the construction of industrial parks play pivotal role in the country's industrial transformation. The Prime Minister...
On the diplomatic front

On the Diplomatic Front

The African Union (AU), during its 29th Ordinary Session of the Assembly Heads of State and Government held here in Addis Ababa on July 3 and 4, 2017, passed a decision to commemorate two...
EU announces €15M humanitarian aid for-Ethiopia

EU announces €15M humanitarian aid for Ethiopia

European Commission has announced additional humanitarian assistance of €60 million to help people in Somalia, Ethiopia and Kenya, who have been facing critical levels of food insecurity due to severe drought. This additional assistance brings...
House approves over 320 bln birr for Ethiopia’s new budget year

House approves over 320 bln birr for Ethiopia’s new budget year

The House of People’s Representatives (HPR) today unanimously approved over 320.8 billion birr budget for the 2010 Ethiopian fiscal year (2017/18), which will start tomorrow. Of the total budget, over 114.7 billion birr is allotted for...
Aramex expands presence in-Ethiopia

Aramex expands presence in Ethiopia

Aramex has expanded its operations across Ethiopia through a Master Franchise Agreement with Logix Express. With this expansion, Aramex is now present in 23 African countries. Aramex Ethiopia will be inaugurating five outlets in Addis Ababa...
China offers support to MOFA’s capacity building-activities

China offers support to MOFA’s capacity building activities

The Foreign Ministry of the People's Republic of China has extended financial support to the Ministry of Foreign Affairs of Ethiopia with the view to assisting the latter's capacity building activities. Ethiopia's Minister of Foreign...
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