Etiopia
Vai alla Scheda Paese »Today, Africa has emerged from this dark path. Our Armageddon has passed
— Haile Selassie I
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Room for growth
President Mulatu Teshome (Phd) met his counterpart Polish President Andrzej Duda during his state visit to Ethiopia aimed at drumming up business with Africa. During their meeting President Mulatu pointed out that trade between the two nations is currently worth around USD 36 million which, he said, is well below ...
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Nothing corny about maize exports, MoT says
The Ministry of Trade (MoT) dismissed the complaints of grain exporters who were disappointed because allegedly a single company was permitted to export maize to eastern and southern African countries. Ayana Zewde, State Minister of MoT, told Capital that other companies and farmers’ unions were allowed to export the product ...
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New office created for road maintenance
Private sector to be involved Under the umbrella of the Addis Ababa City Roads Authority (AACRA), a new office the Addis Ababa Road Asset Management Office was established to mange and undergo maintenance of roads. Reconstructing damaged roads, registering road assets, constructing bridges prohibiting any trade activity along the pedestrian ...
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CBE returns to Djibouti
The 74 year old financial giant, Commercial Bank of Ethiopia (CBE), has reopened its Djibouti subsidiary company as part of its international strategy. The state owned bank opened the Djibouti CBE on April 8, with services like savings, remittance and international trade. Yishak Mengesha, Chief Business Development Officer of CBE, ...
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Empire’s twilight
All empires decline in time. There is no exception to this law of social entropy. Amongst the widely known and extensive empires of the last two millennia, we can mention the Roman Empire, the United Provinces (Netherlands), the British Empire and the currently reigning one-the USA. The decline of Empires ...
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From Mutual Benefit to Strategic Partnership
[Ethiopian Herald] Though it has been half a century since Ethiopia and China started diplomatic relations, they have not yet established the desired level of economic cooperation. But starting from 1991, their relation has gone to new heights rendering the clicking of the two countries one that leans on mutual ...
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Chinese University Confers Honorary Professorship On Prime Minister
[Ethiopian Herald] For his meticulous leadership that enables Ethiopia achieved most of the Millennium Development Goals (MDGs) , Prime Minister Hailemariam Dessalegn received Sunday in Beijing an Honorary Professorship from China's University of International Business and Economics (UIBE).
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Import Bills Down to $11.7 Billion
[Addis Fortune] The National Bank of Ethiopia (NBE) has reported that the country's expenditure on import of goods reached 11.7 billion dollars in the past three-quarters of the current fiscal year.
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Impacts of Ethiopia's Deep Renewal
[Ethiopian Herald] Ethiopia had been one among the poor performing economies before two decades due to the dictatorial regimes and continued internal conflicts as well as external invasions. Now the state is exercising a democratic system and the world is witnessing that it has become one of the fastest growing ...
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President Xi Calls On Ethiopia, China to Advance Relations
[Ethiopian Herald] Chinese President Xi Jinping on Friday called on Ethiopia and China to elevate their bilateral relation to a comprehensive strategic partnership of cooperation.
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Business in brief: Allergan slides into loss due to holdings of Teva shares
Wix beats earnings forecast, raises outlook | Israel Chemicals reports better quarter, sues Ethiopia over closed potash mine | Isramco raises NIS 1.6 billion in bond issue | Tel Aviv shares fall as insurance rally hits wall
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NICE Insurance Needs to be More Friendly
National Insurance Company of Ethiopia (NICE) is the first private company, established in 1994, to engage itself in General Insurance. It was locally a moment of truth, at a time…
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Guide to affordable online shopping in Ethiopia
Despite some prevailing issues around Ethiopia’s economy, shopping in Ethiopia still does not have to cost a fortune especially for the discerning few. From handcrafts such as beads, wood carvings,…
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Despite Talks, Foreigners Unwelcome in Ethiopia
Dear Editors, I am writing this because I would like to comment on the large advertisement of the country, currently incentivised by the Ethiopian government, in order to encourage foreign…
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Donkey Meat up for Export
Dear Editors, My name is Dr Bojia, country representative of the Donkey Sanctuary UK operations in Ethiopia. First of all I would like to congratulate you for pioneering to disclose…
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German FM stresses poverty, jobs to slow migration
Investing in opportunities for the youth and addressing the root causes of migration like unemployment and poverty will help solve the migration crisis but setting up camps in North Africa will not, stated Germany’s Foreign Minister Sigmar Gabriel and African Union Chairman Moussa Faki Mahamat. The Foreign Minister held talks ...
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Avocados potentially lucrative in Ethiopia
Avocado farming has a lot. Avocados were introduced to Ethiopian farmers seven decades ago through missionaries. A recent workshop was held to create awareness about the potential in Avocados which included stakeholders researchers and potential investors. Helina Getachew, Project Manager of Fruit and Vegetable Export Facilitation at the Ethiopian Horticulture ...
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Africa attracting less FDI, capital investment rises
Africa is attracting less Foreign Direct Investment, according to the recent EY Africa Attractiveness report. Data from 2016 shows that Africa attracted 676 FDI projects which is a 12.3 percent decline from the previous year and FDI job creation numbers declined 13.1 percent. On the other hand, findings of the ...
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UN Special Envoy Commends Ethiopia's Role in Ensuring Peace
[Ethiopian Herald] Foreign Affairs Minister Dr. Workneh Gebeyehu discussed with UN Secretary General's Special Envoy for Sudan and South Sudan Nicholas Haysom on Thursday.
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Ethiopia and Somalia's Assigned a Committee Over Shabelle River Disputes
[Dalsan Radio] Somali Minister of Foreign Affairs, Yusuf Garad Omar, spoke of President Mohamed Abdullahi Mohamed (Farmajo) and Prime Minister, Hailemariam Desalegn meeting held in Addis Ababa, Ethiopia. He stated that they discussed the strengthening the relationships of the two countries and the issue over Shabelle river.
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How a multi-pronged approach could defeat fall armyworm in Africa
Source: Food and Agriculture Organization of the United Nations Country: Benin, Brazil, Burundi, Democratic Republic of the Congo, Ethiopia, Ghana, Kenya, Nigeria, Rwanda, Sao Tome and Principe, Togo, Uganda, United Republic of Tanzania, WorldTackling the pest and avoiding economic hardship for smallholders across Africa requires coordinated action, a massive awareness campaign, ...