Tekeze hydro project Named one of Power Engineering Projects of the Year

ORLANDO, Fla. Power Engineering magazine recognized the 2010 Projects of the Year Award finalists and announced the winners. The Tekeze hydro project in Ethiopia won the Project of the Year Award for... Read more »
Rural communities feel uninformed about how the land lease plans will change their lives

Land grab fears for Ethiopian rural communities

By Ed Butler Reporter A controversial new farms policy has led to a political clampdown in a remote lowland region of Ethiopia, the BBC has been told. Opposition activists claim that a... Read more »

Ethiopia export earnings up 64 pct in Q1 2010/11

By Aaron Maasho ADDIS ABABA (Reuters) – Ethiopia’s export earnings rose 64 percent to $563.39 million in the first quarter of the 2010/11 fiscal year, lifted by higher coffee and leather sales,... Read more »

Emperor HaileSelassie Family Pays 25 Million Br. to Get Wabe Shebelle Hotel

Family uses hotel as collateral to obtain bank loan to get hotel back from government The grandchildren of Emperor Haileselassie paid 25 million Br, which they secured from Dashen Bank, required for... Read more »

An Ethiopian Daniel Yohannes Remarkable Rise ( VIDEO )

Ethiopiaforums.com CNN African voices featured Ethiopian American and one of the top leaders in the United States government Daniel Yohannes. In the three parted video interview Daniel talks with CNN’s Jill Dougherty... Read more »

MIDROC receives instructions on bringing foreigner workers

By Hayal Alemayehu : Reporter The Ministry of Labor and Social Affairs (MOLSA) has instructed Midroc Ethiopia Project Office (MEPO) to consult with it when recruiting foreigners for the scores of projects... Read more »
kuwait petrol corp

Ethiopia reached aggrement to buy fuel from Kuwait

By Hayal Alemayehu The Ethiopian Petroleum Enterprise (EPE) last week wrapped up an oil deal with Kuwait Petroleum Corporation, the contract marking a milestone for the east Africa nation to access oil... Read more »
africa oil corp

Canada’s Africa Oil Corp. Agrees to Survey New Ethiopian Block

Africa Oil Corp., a Canadian oil and gas exploration company, said it signed an agreement with the Ethiopian government to survey the Rift Valley Block. The company will carry out an airborne... Read more »
Ethiopian banana shortage

Banana shortage hits Ethiopian capital

APA-Addis Ababa (Ethiopia) For the pass few days, fruit houses in the Ethiopian capital, Addis Ababa are short of bananas since banana farmer’s demands price increase, APA learns here on Tuesday. It... Read more »
National Bank of Ethiopia

Ethiopian Central Bank Increases Saving Interest Rate to 5%

APA-Addis Ababa (Ethiopia) The National Bank of Ethiopia (NBE) on Monday announced increase in savings interest rate to five percent from four percent previously with a view to encouraging savers. It is... Read more »