Ethiopia: Escalating inter-communal violence displaces close to 1M people – Ethiopia

Close to one million people are believed to be displaced around Gedeo and West Guji Zones – in the Oromia and SNNP regions, respectively – due to escalating inter-communal violence since early... Read more »

Ethiopia increases electricity generation 11-fold in 27 years – Xinhua

ADDIS ABABA, May 25 (Xinhua) — Ethiopia has increased its electricity generation capacity 11-fold during the last 27 years, an Ethiopian official said on Friday. Azeb Asnake, CEO of Ethiopian Electric Power... Read more »

Horn of Africa Drought Response Issue No. 09 (February 2018) – Ethiopia

With below average rains experienced across the region, some locations in the Horn of Africa are expected to continue to drive humanitarian needs for the next six months. A weak La Niña... Read more »

Foreign flying rights up for ethiopia

NEW DELHI: Air traffic on international routes, where Indian carriers do not fly to or have any plans to, is set to get a boost, with the government allowing a 25% increase... Read more »

Zemen Made 263.8 Million Birr Net Profit

Zemen Bank SC, one of the private banks in Ethiopia, disclosed it has registered a net profit 263.8 million Birr in the last fiscal year. This is a 30.5 percent increase compared... Read more »

China Poly Sees Ethiopia Gas Exports by 2019, Minister Says

China Poly Group plans to start exporting natural gas from Ethiopia’s eastern Ogaden basin by mid-2019 as it continues to explore near the border with Somalia, Petroleum Minister Motuma Mekassa said. Shipments... Read more »

Ethiopia to Inaugurate Two Industrial Parks

October 21, 2017 – The Adama and Dire Dawa industrial parks, whose construction was launched in 2016, will be inaugurated at the end of this month, reports Ethiopian News Agency. The industrial... Read more »

Ethiopia: Make Hay While the Sun Shines

editorial By Amen Teferi In Ethiopia, we have been sporadically witnessing seedlings of every stripes of radicalism. Therefore, the government has identified religious fanaticism as a threat that could undermine the country’s... Read more »

Ethiopia’s Centarl Bank to Begin Trading Bonds in Secondary Market

October 7, 2017 – The National Bank of Ethiopia (NBE) will begin trading bonds in the secondary market this Ethiopian fiscal year (2017/18), reports FBC.The plan was delayed by two years because... Read more »

Ethiopia’s Textile Industry On Rapid Revival

By Tsegaye Tilahun Textile sector is one of the priority areas of the second Growth and Transformation Plan (GTP II) which mainly aims to increase the export by one billion dollar strengthening... Read more »