Economy & Business

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…

Russia under African sky – in Addis Ababa

In a sign that Moscow starts restoring its African clout, a major Russian-African business forum kicks off in Ethiopia on…

Second Chinese company signs up for Ethio-Djibouti rail route

China Civil Engineering Construction Cooperation (CCECC) signed an agreement on Friday for the construction of the second half of the…

Ethiopia: Russia interested in minerals development in Africa

Russian companies are interested in the development of natural resources deposits in Africa, Russia's envoy to Africa, Mikhail Margelov, said…

Ethiopia: The first Russia-Africa Business Forum launched

The first Russia-Africa Business Forum was held here in Addis Ababa, on Friday at the presence of H.E Prime Minister…

Ethiopian Airlines Joins Star Alliance with Big Growth in Mind

Ethiopian Airlines is looking at Asia for future network expansion now that the airline has officially joined Star Alliance. “We…

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