Ethiopia secures 95 mil USD to finance Adama-Awash Expressway project

The government of Ethiopia and the African Development Bank Group have signed a $98 million grant agreement from the African Development Fund (ADF) to help finance phase one of the Ethiopia–Djibouti Road... Read more »

Chinese firm works on project to beautify Ethiopia’s capital

ADDIS ABABA, Aug. 5 (Xinhua) — Chinese construction giant, China Communications Construction Company on Monday commenced construction work on Ethiopia’s project to beautify the capital Addis Ababa. The firm will initially conduct... Read more »

Reykjavik Geothermal To Begin Exploration Drilling In Sept. For $4.4bn Energy Project In Ethiopia

FBC – Reykjavik Geothermal, a power developer backed by hedge fund billionaire Paul Tudor Jones II, is about to kick off a $4.4 billion project to bring volcanic energy to Ethiopia. Tapping... Read more »

Ethiopia-Eritrea reconciliation project meets resistance from border communities

The decision by Ethiopia’s ruling coalition to resolver a border dispute with Eritrea has met stiff resistance from members of Badme town which was the epicenter of the war that killed tens... Read more »

East Africa continues to integrate, Ethiopian Airlines scales up, and AIIB expands

Regional integration makes strides in East Africa On Wednesday, May 9, President Ismail Omar Guelleh of Djibouti and President Uhuru Kenyatta of Kenya signed four agreements designed to boost trade and deepen... Read more »

Ethiopia Explores Blockchain Role in Tracking Coffee Exports

Ethiopia is exploring the use of blockchain technology to track the supply chain for its largest export, coffee. For the effort, the East African nation has partnered with blockchain research and development... Read more »

Irish charity to provide 30,000 PCs to Ethiopia schools

More than 30,000 PCs are to be provided to 1,250 schools in Ethiopia over three years under a $12 million project run by Irish technology-in-learning charity Camara Education. The initiative will benefit... Read more »

Aviation Group announces expansion projects

Mega project awaits PM’s decision The Ethiopian Airlines Group has announced a double expansion project for Bole International airport in order to resolve the growing air traffic congestion. The expansion project sees... Read more »

Climate change mitigation project threatens local ecosystem resilience in Ethiopia — ScienceDaily

REDD+ (Reducing emissions from deforestation and forest degradation) is an UN-led programme aiming to increase carbon sequestration in tropical forests. REDD+ is included among technologies for negative emissions, which stand for a... Read more »

Fairfax Africa Fund plans to build $4 billion oil refinery in Ethiopia – Ethiosports

Fairfax Africa Fund, a US-based investment firm, in collaboration with multiple partners from Asian countries is planning to build an oil refinery in Ethiopia with a total investment cost of four billion... Read more »