Ethiopia begins first-ever crude oil production – Anadolu Agency

Anadolu Agency Ethiopia begins first-ever crude oil productionAnadolu AgencyMining contributes a meager two percent to the Ethiopian economy so far while the economic structure continues to be largely dominated by agriculture which... Read more »

Abu Dhabi allocates Dh11b development aid for Ethiopia

Fund deposits Dh3.7 billion in Ethiopia’s central bank during Mohammad Bin Zayed’s visit Shaikh Mohammad Bin Zayed Al Nahyan and Abiy Ahmad, Prime Minister of Ethiopia, tour the Jubilee Palace in Addis... Read more »

Abu Dhabi fund allocates $3bn aid package to Ethiopia

Abu Dhabi Fund for Development (ADFD), the national entity for development aid, has allocated a AED11 billion ($3 billion) economic aid package to the Ethiopian government to support sustainable socio-economic development. ADFD... Read more »

Ethiopia has just seen ‘historic’ political change, while its China-inspired economics continue

Hawassa Industrial Park CNBC– East African economic powerhouse Ethiopia swore in a new prime minister this week, whose pledge to smooth out ethnic ruptures in the country could mean that unrest and... Read more »

Government Signs Agreement with UAE and Ethiopia Regarding Development of Berbera Port

Mar 15, 2018 Somaliland: Government Signs Agreement with UAE and Ethiopia Regarding Development of Berbera Port An investment agreement has been made between the governments of Somaliland, the United Arab Emirates and... Read more »

Romancing the “Wounded Beast” in Ethiopia: Is Reconciliation Without Truth Possible? (Part I)

TPLF/EPRDF Author’s Note: This is the first installment in a three-part series on prospects “mediation”, “reconciliation” and “negotiation” with the ruling Thugtatorship of the Tigrean People’s Liberation Front (T-TPLF). In part I,... Read more »

Expanding consumer base lures investors to Ethiopia

The World Bank again declared that the Ethiopian economy would be Africa’s most expansive in 2017; it is forecast to expand by 8.3% in 2017, ahead of rival Tanzania’s projected 7.2% and... Read more »

Modi Government: Once famine-stricken, Ethiopia has many lessons for a country like India

In my youth, parents chastened their children if they wasted food by reminding them that millions starved in Ethiopia. Ethiopia was the country stricken with famines. According to the World Peace Foundation,... Read more »

Ethiopia signs $1.3bn World Bank deal shortly after IMF praise

Ethiopia has entered a $1.3 billion deal with the World Bank to improve governance and fund pro-poor policies in regions worst hit by a drought and food shortages. The global lender on... Read more »

Ethiopia enjoying positive investor sentiments but reforms needed – IMF

The International Monetary Fund (IMF) has praised Ethiopia’s economic strides for the year 2016/2017 but has also urged that reforms be undertaken to improve the business climate. In a release issued after... Read more »