Ethiopia : Suspension on Mining Licences is Temporary

(Reuters) – Ethiopia’s suspension in issuing new mining licences to foreign firms keen to tap a fledgling gold and base metals industry is only temporary, its mining minister said on Friday. More... Read more »

Ethiopia’s Inflation Falls to 39.2% from 39.8% in November

The Ethiopian year-on-year inflation rate for November lowered to 39.2% from 39.8% in October according to official data released this week. Consumer prices fell by 0.3% as compared to October, showing a... Read more »
china in africa

Commercial Bank of Ethiopia Agrees $300 Million China Loan

(Bloomberg) — The Commercial Bank of Ethiopia signed a memorandum of understanding with the Export-Import Bank of China for a $300 million credit facility, Ethiopia’s state- owned lender said. “The amount is... Read more »

Boeing 787 Dreamliner Touches Down in Africa for First Time

– Africa is second continent on Boeing’s six-month 787 Dream Tour, – Airplane scheduled to visit Ethiopia and Kenya during Africa portion of tour. ADDIS ABABA, Ethiopia, Dec. 11, 2011 — /PRNewswire/... Read more »

Kenya to Import Ethiopian Energy

Kenya will sign a power purchase agreement today with Ethiopia that will kick-off a massive project that will see the country get an additional 400MW by 2016. Speaking on Monday at Safari... Read more »
Kabu coffee-aster-aweke

Aster Aweke’s Kabu Coffee to Start Export

Kabu Coffee, the cafe owned by celebrated Ethiopian artist Aster Aweke, is to expand its business and provide export quality “value-added coffee”. While Kabu continues to be known for its food and... Read more »

Karel Turkish Telecom Company to Join Ethiopian Market

Karel, Istanbul based Private Branch Exchange (PBX) manufacturer plans to expand its market in Ethiopia.  To introduce the product experts from the company came to provide technical training for professionals selected from... Read more »

Boeing 787 to Arrive at Addis Ababa. Ethiopian Airlines’ Captain to Fly the First 787 to Africa

Addis Ababa, Ethiopia, December 08, 2011 The Boeing 787 Dreamliner will make its debut on African soil on 11 December 2011 at Addis Ababa’s Bole International Airport. The Dreamliner will be in... Read more »
Martin Schibbye and Johan Persson

Evidence on Swedish journalists trial ‘faked’: Lawyer

More evidence presented against the two Swedish journalists on trial in Ethiopia has been faked, according to their defense lawyer, who said that his two clients didn’t know the guerrilla soldiers charged... Read more »