Meles Zenawi says anti-dam groups keep Africa poor

Barry Malone * Ethiopia building huge dams to beat power shortages * Says western campaigners only focus on Africa ADDIS ABABA – (Reuters) Ethiopian Prime Minister Meles Zenawi denounced... Read more »

Hundreds of groups sign petition against Ethiopian dam

Tesfa-Alem Tekle (ADDIS ABABA) – Some 400 organizations from across the world have signed a petition against the construction of Ethiopia’s multi-billion dollar Gibe III Dam project, Survival International... Read more »

Ethiopia: Price shock continues despite ceiling

In a small shop last Thursday a middle aged woman bought a quarter kilo of coffee for 30 birr. If this doesn’t grab your attention consider that only two... Read more »

Ethiopia: Sudanese Company Suspends Oil Supply

Addis Ababa — Sudan Petroleum Company has temporarily suspended the agreement signed on fuel supplies to Ethiopia, after the Sudanese oil firm closed its refinery earlier this month, Sudan... Read more »

Meles Zenawi promising no devaluation for the next 5 years

Reuters Sees no major birr devaluation, will regulate rate Govt to seek ways of easing inflationary pressures ADDIS ABABA, Feb 3 (Reuters) – Ethiopian Prime Minister Meles Zenawi ruled... Read more »

Harar and Bedele breweries for Sale

Addis Fortune (Addis Ababa): Privatization agency puts eight state owned companies on market The board of directors of the Privatisation and Public Enterprises Supervising Agency (PPESA), chaired by Hailemariam Desalegn,... Read more »

Ethiopia: Devalutation and speedy growth breed economic chaos?

Afrik: by Desalegn Sisay Ethiopian Government and entrepreneurs seem to have found a common ground to find a solution to a recalcitrant double digit inflation after the former was... Read more »

Ethiopia’s grain market in danger?

Afrik : Desalegn Sisay A yellow wheat rust epidemic, a form of wheat fungus, is devouring crops in three major wheat-growing regional states of Ethiopia. Nonetheless, a grain shortage... Read more »

Ethiopia Ranked 144 out of 179 on 2011 World economic freedom index :- The Heritage foundation and The wall street journal annual world Economic freedom index ranked Ethiopia on 144 out of 179 countries. Ethiopia’s economic freedom score is 50.5,... Read more »

Ethiopia inflation rises to 14.5 pct in December

Reuters: ADDIS ABABA Jan 14  – Ethiopia’s annual inflation jumped to 14.5 percent last month from 10.2 percent in November after a steep rise in food and non-food prices... Read more »