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

by September 5, 2019
by September 5, 2019

The government of Ethiopia and the African Development Bank Group have signed a $98 million grant agreement from the African Development Fund…

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Ethiopia appeals for 1.3 bln USD emergency aid for 8.3 mln people in 2019

by March 8, 2019
by March 8, 2019

ADDIS ABABA, March 7 (Xinhua) — The Ethiopian government and itshumanitarian partners on Thursday appealed for 1.3 billion U.S. dollarsto address food…

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Ethiopia, Denmark sign 201 mln USD loan agreement for wind energy – Xinhua

by Zelalem May 24, 2018
by Zelalem May 24, 2018

ADDIS ABABA, May 24 (Xinhua) — Ethiopia signed a 201 million U.S. dollars loan agreement with Denmark on Thursday to finance a…

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UNAIDS Ethiopia head stirs controversy

by Zelalem May 6, 2018
by Zelalem May 6, 2018

Placed under administrative leave With mounting pressure both internally and externally, over allegations of personal and professional misconduct, UNAids has put the head…

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Ethiopia: Revisiting Ethiopia’s Half Year Export Performance

by Zelalem February 8, 2018
by Zelalem February 8, 2018

By Bilal Derso The export sector has remained the main earner of foreign currency, with which Ethiopia buys essential foreign products it…

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Ethiopia unveils 375 mln USD national electric power project – Xinhua

by Zelalem November 29, 2017
by Zelalem November 29, 2017

File photo shows the 230 kv Ashegoda Wind Power Project substation near Mekelle Town, 783 km north of Addis Ababa, capital of…

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President Ram Nath Kovind invites Ethiopian and African business to India

by Zelalem October 6, 2017
by Zelalem October 6, 2017

ADDIS ABABA: India’s ties with Ethiopia is symbolic of its engagement with Africa, President Ram Nath Kovind said as he invited business…

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Ethiopia Registers Progress in Foreign Remittance Inflow

by Zelalem August 27, 2017
by Zelalem August 27, 2017

August 26, 2017 – A study funded by the European Union and supported by Caribbean and Pacific Group of States revealed that…

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Ethiopia receives 3.4 bln USD in loans, grants in 12 months – Xinhua

by Zelalem August 18, 2017
by Zelalem August 18, 2017

ADDIS ABABA, Aug. 17 (Xinhua) — Ethiopia has obtained 3.4 billion U.S. dollars in grants and loans from multilateral and bilateral partners…

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Commercial Bank of Ethiopia asset rises to $20.8 Billion USD

by August 17, 2017
by August 17, 2017

CBE Ethiopia’s state owned Commercial Bank of Ethiopia (CBE) said its total asset is near $20.8 Billion US Dollar (485.7 billion birr…

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