The Challenge for Ethiopia’s New Leader: Unleash the Economy

Ethiopia’s new leader faces a critical decision on whether to open up parts of the Horn of Africa nation’s booming economy after making moves to reduce the stake of... Read more »

Ethiopia not interested in investor cash for telecoms, banking sectors

World Wednesday, April 25, 2018 14:25 By REUTERS Ethiopian President Mulatu Teshome Wirtu (right) and Polish President Andrzej Duda during a welcoming ceremony at the presidential palace in Warsaw,... Read more »

Ethiopia not ready for foreign investment in telecoms, banking: president

Ethiopia is not yet ready for foreign investments in its telecoms and banking sectors, but is interested in developing its manufacturing, Ethiopian President Mulatu Teshome Wirtu said on Tuesday.... Read more »

Ethiopian businesses disappointed by new PM’s economic stance

Ethiopia has let foreign companies such as fashion chain H&M set up factories in a decade-long push to change the economic focus from agriculture exports, such as coffee,... Read more »

Egypt FM warn Ethiopia over Nile River dam

by Associated Press by Associated Press April 19 CAIRO — Egypt’s foreign minister has delivered a warning to Ethiopia over a dam it is building on a Nile River... Read more »

Ethiopia’s new Prime Minister Abiy Ahmed names cabinet | Ethiopia News

Ethiopia’s new prime minister has named a cabinet that includes the former mining minister as defence minister, and retained the finance and foreign ministers from his predecessor’s cabinet. Abiy... Read more »

Ethiopian foreign exchange shortage will last years- new premier

Ethiopian Commercial Bank ADDIS ABABA, April 16 (Reuters) – Ethiopia’s new prime minister said on Monday that a foreign exchange shortage will last for years and more cooperation with... Read more »

Top Ethiopian supermarket to shut down over bottlenecks, forex squeeze

An Ethiopian supermarket reputed for serving expatriate and diplomatic community in the capital Addis Ababa is closing down its operations after close to seven decades. Ethiopia’s The Reporter newspaper... Read more »

Top Ethiopian supermarket to shut down over bottlenecks, forex squeeze

An Ethiopian supermarket reputed for serving expatriate and diplomatic community in the capital Addis Ababa is closing down its operations after close to seven decades. Ethiopia’s The Reporter newspaper... Read more »

South Sudan requests to join Arab League | Egypt News

Egyptian Foreign Minister Sameh Shukry has met South Sudanese President Salva Kiir to discuss Juba’s request to join the Cairo-based Arab League, according to a foreign ministry statement. The... Read more »