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 Westerners on Thursday... Read more »
Gilgel Gibe III (3)

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 has told Sudan... 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 weeks ago an... 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 Tribune has learnt.... Read more »
meles zenawi

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 out the possibility... 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, deputy prime minister... Read more »
Ethiopia inflation rises

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 forced to revise... Read more »
Ethiopian grain shop

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 on the Ethiopian... Read more »
Africa economic ranking top 10

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, making its economy... Read more »
Ethiopian Birr inflation

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 caused in part... Read more »