United Arab Emirates gives Ethiopia $1 billion lifeline to ease foreign exchange crisis

Minasse Wondimu Hailu/Anadolu Agency | Anadolu Agency | Getty Images Crown Prince of Abu Dhabi Mohammed bin Zayed Al Nahyan (L) meets Ethiopian Prime Minister Abiy Ahmed (R) at... Read more »

Ethiopia: How Will Privatization of Mega Enterprises Benefit Ethiopia?

By Zelalem Girma The recent decision of Ethiopia’s ruling coalition EPRDF has fueled optimistic perspective among various sectors of the society and scholars who also forwarded advice that due... Read more »

UAE to give Ethiopia $3 billion in aid and investments

The UAE will deposit $1 billion in Ethiopia’s central bank to ease a severe foreign currency shortage, government spokesman Ahmed Shide said. FILE: Ethiopia’s Prime Minister Abiy... Read more »

Ethiopia’s economic reforms tipped to spur development

By NATION REPORTERMore by this Author The move by the Ethiopian government to open key economic sectors, among them Ethiopian Airlines, to foreign investment is likely to spur fast... Read more »

South Africa telcoms MTN, Vodacom welcome Ethiopia’s liberalisation move

South Africa’s MTN Group and Vodacom Group have expressed interest in the Ethiopian market, following the announcement by the East African nation that it would partially liberalise its economy.... Read more »

Ethiopia opens up airline to private, foreign investors

News Wednesday, June 6, 2018 12:32 By REUTERS Ethiopian Airlines aeroplane at the Jomo Kenyatta International in Nairobi. FILE PHOTO | NMG  Ethiopia said on Tuesday it would open... Read more »

China scales back investment in Ethiopia

John Aglionby in Addis Ababa and Emily Feng in Beijing June 3, 2018 Print this page China is scaling back investment in Ethiopia in the face of rising foreign... Read more »

Ethiopia’s foreign currency shortage hits small firms

Ethiopia’s prime minister has warned that there will be no quick fix to the scarcity of foreign currency in the country. Yet it seems that some sectors of the... Read more »

No breakthrough in Ethiopian dam talks, Egypt says

CAIRO (Reuters) – Technical talks between Egypt, Sudan and Ethiopia over a disputed dam Ethiopia is building on the Nile river failed to make a breakthrough, Egypt’s foreign minister... Read more »

New Ethiopian Leader’s Challenge: Unleash the Economy

An Ethiopian worker for the Dutch company AQ Roses sorts cut roses for distribution to Europe in the flower factory in Ziway, Ethiopia, on Thursday, May 26, 2016. Within... Read more »