Ethiopia bids to become wind capital of Africa -CNN

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After a decade of rapid growth, Ethiopia’s bubble is not bursting. Dubbed the ‘African Lion’ by economists, Ethiopia is the home of booming industry, new infrastructure, and showpiece summits. It has become a powerful force in the region and beyond.

Ethiopia, EU eye a broad spectrum of cooperation


In a meeting held between Foreign Minister Dr. Workneh Gebeyehu and Claudia Wiedey, Head of European External Action Service (EEAS) for Horn of Africa, East Africa and Indian Ocean on Wednesday 14,2016, the two sides affirmed the need to forge

Ethiopia’s Gibe III power plant ready for inauguration

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The construction of Gibe III hydroelectric dam, which is located 470km south west of Addis Ababa, has been fully completed and its inauguration is scheduled for next Saturday. The construction of the dam consumed 1.5 billion Euros, according to Engineer

An Ethio-Djibouti joint company to manage the newly Built Railway

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Ethiopia and Djibouti have reached an agreement to establish a joint company which will manage the newly built railway. After months of negotiations between the two countries, the agreement that marked the joint-management of the electrified and environmentally friendly project

Ethiopia congratulates Guterres on his swearing in as the next UNSG.


Ethiopia has congratulated H.E. Mr. Antonio Guterres on his swearing in on Monday as the ninth and next Secretary-General of the United Nations. The former Portuguese Prime Minister and UN High Commissioner for Refugees took the oath of office for

Ethiopia, Denmark sign renewable power generation agreement

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Ethiopia and Denmark on December 8, 2016 signed a 4 million US dollars grant agreement to support Ethiopia’s effort in diversifying renewable power generation. The agreement signed in Ethiopia’s capital Addis Ababa aims at diversifying Ethiopia’s renewable energy through wind

11th Nations, Nationalities and People’s day celebration underway in Harari State


Representatives of all nations, nationalities and peoples from all around Ethiopia, President Mulatu, PM Hailemariam, and Heads of State from the Horn of Africa Region and residents of Harar as well as invited guests are colorfully celebrating the 11th Nations,

Ethiopia and Romania celebrate the 50th anniversary of diplomatic ties


Romania and Ethiopia celebrated the 50th anniversary of the starting of the two countries’ diplomatic relations on Wednesday (December 07). In his opening remark, Marius Nocolaescu, Charge d’affaires for Romanian Embassy to Ethiopia noted that the celebration marked the socio-economical and

Development Bank of Ethiopia revises lending conditions to foreign horticulture investors

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State owned Development Bank of Ethiopia has reworked its lending policy to cater to foreign horticulture investors as the country looks to entice international investors to invest more into the fledgling industry. December 6, 2016 The order came from the

Ethiopia manages impact of worst drought: World Bank

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Ethiopia has managed the impact of one of the the worst drought in 50 years, World Bank report indicated on December 7, 2016 According to the World Bank Groups’ 5th Ethiopia economic update, strong economic growth continued in 2014-15, but