Ethiopia’s foreign direct investment declines

Ethiopia’s foreign direct investment (FDI) continued on a downward spiral last year with the Horn of Africa country receiving just US$184 million in investment. According to the 2011 World Investment report released... Read more »

Eritrea planned massive bomb attack on African Union summit, UN says

‘Baghdad-style’ car bomb attack planned in Addis Ababa, capital of neighbour and foe Ethiopia, which hosted 30 heads of state in January Eritrea planned a massive attack on an African Union summit... Read more »

Germany blames Chinese land buys for Africa drought

(AFP) – BERLIN — Germany’s Africa policy coordinator on Thursday blamed China’s practice of buying up land in the Horn of Africa for contributing to the devastating drought ravaging the region. Guenter Nooke... Read more »

A view of Horn of Africa’s drought from space

The worst drought in 60 years has hit the Horn of Africa region, an area in east Africa that includes Somalia, Ethiopia and Kenya. A recent satellite-derived animation from the European Space... Read more »

Zambian woman arrested in Ethiopia for wearing Ivory bracelets

A ZAMBIAN woman has been arrested in Addis Ababa, Ethiopia, for wearing ivory bracelets. Ruth Mwale, 46, was arrested at Bole International Airport yesterday upon her arrival from Bangkok, Thailand on her... Read more »

Ethiopian Cargo Ship Attacked by Somali Pirates

An Ethiopian cargo vessel was attacked by Somali pirates near the Internationally Recommended Transit Corridor (IRTC) in the Gulf of Eden. The Somali pirates launched the strike using rocket-propelled grenades which hit... Read more »
Abdulsemed Mohammed, Haileyesus Worku

Two Ethiopian journalists released on bail after 15 months

New York, July 25, 2011–The Committee to Protect Journalists welcomes Thursday’s ruling in Ethiopia to release on bail two journalists imprisoned on pre-trial detention for the last 15 months on vague criminal... Read more »

Ethiopian Airlines Receives the 5th 777-200LR Named “The Sahara”

Ethiopian Airlines continues to grow as world class African airline, with the introduction of its 5th 777-200LR on July 22, 2011 named “The Sahara”. Ethiopian brand new 777-200LR arrived at the Addis... Read more »

Ethiopian expect Africas first Boeing 787 Dreamliner in January

The national flag carrier Ethiopian Airlines expects to receive Africa’s first Boeing 787 Dreamliner aircraft by the start of next year in January, the airline’s Chief Executive Officer (CEO) Tewolde Gebremariam said.... Read more »

Ethiopia: Bosnian company energoinvest wins $45mn power transmission deal

APA-(Addis Ababa)  Ethiopia and an energy giant in Bosnia have agreed a $45 million power transmission line deal, the Ethiopian Electric and Power Corporation (EEPCo) said on Thursday. The deal was struck... Read more »