Economy & Business

Nile: Ethiopia’s ‘grand dam’ rouses citizens, dismays critics – William Davison

In the western fringe of Ethiopia on the banks of the Blue Nile river, the nation's Prime Minister Meles Zenawi…

Ethiopia: The new Meskel Square – Bole road construction launched

Upgrading of the 4.2-km road from Meskel Square to Bole Ring Road in Addis Ababa City was launched here on…

Ethiopia: Plan to eliminate mother-to-child HIV transmission needs Men

Ethiopia's new plan to eliminate mother-to-child HIV transmission by 2015 cannot be attained unless men are more meaningfully involved in…

China EXIM Bank tops World Bank as Africa’s lender

China’s EXIM Bank (Export-Import Bank of China) provided more loan to Africa than the World Bank in the last decade.…

[Updated] Ethiopia: NMiC discovers ~ 5 Billion USD worth Gold reserves

Update:(Jan 7, 2012) The Ministry of Foreign Affair’s weekly press release, ‘A Week in the Horn of Africa’, published, on…

Ethiopia: The illicit financials outflow in perspective

The United States-based non-profit research body, Global Financial Integrity(GFI), released a report, titled ‘Illicit Financial Flows from Developing Countries Over…

Ethiopia, Kenya negotiating on electric power export deal

The government of Kenya has agreed to start importing electricity from Ethiopia at US$0.07 per kilowatt hour at what the…

Aid Effectiveness Forum set a New Deal for fragile states

At the global aid effectiveness forum in Busan, South Korea, in November and December this year, the "G7+", a group…

Kenya Lamu Port – Ethiopia corridor to be launched on February

Prime Minister Raila Odinga has said the ground breaking ceremony for Lamu Port-Southern Sudan-Ethiopia Transport (Lapsset) Corridor will be held…

Ethiopia: Fincha Hydropower Plant becomes operational

Prime Minister Meles Zenawi and Chinese Ambassador to Ethiopia, Xie Xiaoyan, inaugurated Fincha Amerti Neshe Hydropower Project on Saturday. The…

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