Ethiopian government to sell ten sugar companies in an effort to manage outstanding debt

The Liability and Asset Management Corporation was recently established to mitigate the outstanding debts of seven…

Ethiopia has launched the fifth phase of its Productive Safety Net Programme in collaboration with the U.S government

The programme is a multi-billion dollar initiative by the Ethiopian government to create a public safety…

Ministry of Finance and Ministry of Trade and Industry pass directives on the price of oil, cement, rebar, and ceramics

The directives have been issued as part of efforts to mitigate the price surges rampaging across…

Kenya expects to complete grid line with Ethiopia in June; satisfy maximum consumption needs

While Kenya's maximum consumption stands at 1,900 MW the grid is expected to generate 2,000 MW…

Ethiopian Ambassador to the UK stresses continued climate cooperation crucial for Ethiopia’s climate goals

Ethiopia is set to participate in the upcoming COP26 UN Climate Conference in Glasgow which is…

Ethiopia undertaking several road projects to connect with other East African countries

The Ethiopian Roads Authority has recently approved 8 road projects with an estimated cost of 456…

New stimulus package for Ethiopia’s hospitality sector approved

The first stimulus package for the hospitality industry expired on November 10th, 2020.

Ethiopia listed as a beneficiary of G20 Summit initiative

Ethiopia's total debt is currently listed at 54.7 billion USD, an amount that is marginally lower…

New regulatory changes introduced for EthioTelecom

Some experts are wary of the changes and the impact they are going to have on…

Ethio-China business seminar held in Guangzhou

China is Ethiopia's biggest Foreign Direct Investor and currently has more than 1,500 ongoing projects in…