News

Ethiopia: Reykjavik to build Africa’s largest geothermal plant

Following earlier news on the planned Corbetti project in Ethiopia, Reykjavik Geothermal now reports having signed a 25 year PPA…

Indians to manage Ethiopia’s electric utility

(Hadra Ahmed) Ethiopia is to outsource the management of the Ethiopian Electric Power Corporation (EEPCo) to Power Grid Corporation of…

Ecobank Transnational opens first branch in Ethiopia

Pan-African banking group Ecobank Transnational has opened its first branch in Ethiopia, establishing a foothold in the fast-growing East African…

Ethiopia appoints 35 Generals (full list)

(Daniel Berhane) Ethiopia promoted 35 Generals today, according to the news from the Ethiopian state media. The military promotions announced…

CNN awards Ethiopian journo Wubshet Taye

The 'CNN African Journalist of the Year Competition' awarded Woubshet Taye last Saturday. Wubshet Taye was deputy editor of the Awramba Times.…

Firms pulling out of Egypt; eyeing Ethiopia, Kenya

In Egypt, the withdrawal of up to 50 companies including Adidas and Puma has left 12,000 people out of employment…

Profile| Ethiopia’s new President Mulatu Teshome

On October 7, 2013, the joint session of the House of Federations and the House of Representatives elected Ambassador Mulatu…

Ethiopia to build Africa’s largest geothermal plant

(By John Daly) On 27 September Ethiopian Prime Minister Hailemariam Desalegn and Deputy Prime Minister Dr. Michael Debretsion announced the…

Ethiopia’s GDP expanded by 9.7% in 2012/13

State Minister of Finance and Economic Development, Abraham Tekeste, said on Wednesday (October 9) that Ethiopia's economy grew 9.7 percent…

‘Africa Pulse’ reports rapid growth of Ethiopia, Kenya

The World Bank’s “Africa Pulse” report, an analysis of the issues shaping Africa’s economic prospects which comes out every two…

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