Ethiopia export earnings rise 17 pct yr/yr in 8 months to Feb

* Earnings hit $1.87 bln, up from $1.6 bln * Gold, oil seeds rise, coffee revenue down 7.9 pct ADDIS ABABA, March 27 (Reuters) – Ethiopia’s export earnings rose 16.6... Read more »

US Retailer Walmart in Ethiopia : Negotiation Underway

Washington, DC. – Walmart, the US multinational retailer corporation that runs chains of large discount department stores and warehouse stores, and the Ethiopian government are conducting negotiating on the question... Read more »

Ethiopian Airlines coping with increasing fuel price

Addis Ababa, Ethiopia – The Ethiopian Airlines said that it was forced to design and implement a new cost saving strategy as the price of fuel is drastically increasing at... Read more »

Lamu port project launched for Ethiopia and South Sudan

Construction has begun on a $23bn (£14.5bn) port project and oil refinery in south-eastern Kenya’s coastal Lamu region near war-torn Somalia’s border. An oil pipeline, railway and motorway will... Read more »

Saudi Billionaire Mohammed al- Amoudi to Invest $3.4 Billion in Ethiopia in 5 Years

(Bloomberg) — Derba Group, an amalgam of three Ethiopian companies owned by Saudi billionaire Mohammed al- Amoudi, said it plans to invest 59 billion birr ($3.4 billion) in seven... Read more »

Ethiopian Customs to Start Electronic Tracking System

The Revenues and Customs Authority of Ethiopia is to launch an electronic cargo tracking system on the road between Addis Ababa and Port Djibouti. The effort, which will commence... Read more »

Ethiopia Invite Chinese and Germans Investors for Stake in Tantalum Mine

(Bloomberg) — Ethiopia’s government is courting investors from at least four countries including China and Germany to buy a stake in the state-owned company that operates what it says... Read more »

Ethiopia Coffee Exports May Rise at Least 7% This Year

(Bloomberg) — Coffee exports from Ethiopia, Africa’s second-biggest shipper of the beans, may rise at least 7 percent this year, the Ethiopian Coffee Exporters’ Association said. Exports are expected... Read more »

Castel to Export Ethiopian Wine

In an effort to move beyond just coffee, Ethiopia now exports leather, vegetables, flowers, and yes, the occasional bottle of wine. Addis Ababa, Ethiopia About three hours south of... Read more »

Ethiopia’s tribes cry for help – Al Jazeera

A drive to become a world leading sugar producer threatens the livelihoods of thousands of people in rural areas. Addis Ababa, Ethiopia – The Lower Omo Valley in south-western Ethiopia... Read more »