Ethiopia, Denmark sign 201 mln USD loan agreement for wind energy – Xinhua

ADDIS ABABA, May 24 (Xinhua) — Ethiopia signed a 201 million U.S. dollars loan agreement with Denmark on Thursday to finance a 100 MW wind energy project in central Ethiopia. The loan... Read more »

UNAIDS Ethiopia head stirs controversy

Placed under administrative leave With mounting pressure both internally and externally, over allegations of personal and professional misconduct, UNAids has put the head of its Ethiopian office, Miriam Maluwa, on administrative leave to... Read more »

Ethiopia: Revisiting Ethiopia’s Half Year Export Performance

By Bilal Derso The export sector has remained the main earner of foreign currency, with which Ethiopia buys essential foreign products it is not able to manufacture, extract or grow at home.... Read more »

Ethiopia unveils 375 mln USD national electric power project – Xinhua

File photo shows the 230 kv Ashegoda Wind Power Project substation near Mekelle Town, 783 km north of Addis Ababa, capital of Ethiopia, Oct. 25, 2013. The project generates 120 MW of... Read more »

President Ram Nath Kovind invites Ethiopian and African business to India

ADDIS ABABA: India’s ties with Ethiopia is symbolic of its engagement with Africa, President Ram Nath Kovind said as he invited business stake-holders from the region to partner with India and benefit... Read more »

Ethiopia Registers Progress in Foreign Remittance Inflow

August 26, 2017 – A study funded by the European Union and supported by Caribbean and Pacific Group of States revealed that Ethiopia has made fast progress in remittance flow in recent... Read more »

Ethiopia receives 3.4 bln USD in loans, grants in 12 months – Xinhua

ADDIS ABABA, Aug. 17 (Xinhua) — Ethiopia has obtained 3.4 billion U.S. dollars in grants and loans from multilateral and bilateral partners during the 2016/17 Ethiopian Fiscal Year (EFY) that ended July... Read more »

Commercial Bank of Ethiopia asset rises to $20.8 Billion USD

CBE Ethiopia’s state owned Commercial Bank of Ethiopia (CBE) said its total asset is near $20.8 Billion US Dollar (485.7 billion birr ETB). The nation’s biggest bank said its revenue for the... Read more »

Ethiopia Made 44 Million USD from Cell Phone Accessories Export

Ethiopia earned more than 44 million USD from the export of cell phone accessories in the just ended fiscal year. Ministry of Industry disclosed the accessories were exported to 6... Read more »

Ethiopia, Sweden sign 120 mln USD agreement to support Ethiopia’s development

ADDIS ABABA, July 27 (Xinhua) — Ethiopia and Sweden on Thursday signed a 2.82 billion Ethiopian birr (over 120 million U.S. dollars) grant agreement to enhance climate change resilience and improve livelihood... Read more »