The Second Diaspora Day in Ethiopia
The second Diaspora Day was held in Ethiopia starting from August 1 in Bahir Dar town, Amhara Regional State. According to the Ministry of Foreign Affairs, over 3500 Diasporas from different parts of...
View ArticleEthiopia is one of Africa’s Success Stories: The Economist
Ethiopia is one of Africa’s success stories. Personal disposable income growth has been increasing at an average rate of 6% over the past five years. We forecast that this will edge up to an average of...
View ArticleEthiopia: Catalyst of the Horn of Africa
For the last 25 years, while the Horn of Africa (including Djibouti, Eritrea, Ethiopia, and Somalia) garnered a reputation as one of the most volatile regions in the world, Ethiopia has remained a...
View ArticleEthiopia Inflation Falls to 6% in July, 2016
Ethiopia’s year-on-year inflation dropped to 6.0 percent in July from 7.5 percent the previous month, thanks to a drop in food prices, Central Statistical Agency of Ethiopia said. The year-on-year food...
View ArticleEthiopia has become Center of Anchor for Investors
In order to create opportunities that support the intended development of the nation, Ethiopia has been cultivating its diplomacy in the last twenty five years. Recently, The Ethiopian Herald conducted...
View ArticleDiaspora – Solution Makers
In nation building Diaspora engagement is a task towards which countries of the world are mobilizing their utmost potential and resource pursuant of a better economic development. Utilizing Diaspora...
View ArticleThe Rebirth of Addis – Djibouti Railway Transport
Ethiopia has been engaged in one of the most expensive and challenging transport projects in Africa in its attempt to rebuild the vast railway network connecting the country with Djibouti. As railway...
View ArticleGibe III Power Plant begins generating 800MW
The Gibe III hydroelectric project has begun generating 800 megawatts electric power, according to the Ethiopian Electric Power (EEP). The project, which has 10 Francis turbines with a power of 187...
View ArticleChinese Company to Commence Luxury Apartments Building
A Chinese company, Heng Yang Investment, has launched the construction of Hongtu, a 54-storey luxury apartment, in the Lafto District of Addis Abeba. The construction will be undertaken by a Chinese...
View ArticleEthiopia’s favorable growth outlook, Moody’s B1 Stable Rating
In a report issued in London last week by Moody’s Ratings, the credit rating agency said Ethiopia’s rating is pegged at B1 Stable. Moody’s Investors Service has also given reasons that support...
View ArticleIndustrial Parks Way Forward for Economic Transformation
Economics and industrial experts said that industrial parks would create opportunities for foreign direct investment flow and ample jobs. Addis Ababa University Economics Department Lecturer Dr. Atlaw...
View ArticleYouth Diaspora Forum Launched
The Ethiopian Diaspora Association yesterday launched Diaspora Youth Forum as its wing to strengthen the role and contribution of diaspora youth to national development. Speaking at the launching...
View ArticleAddis Ababa to host the 10th African Development Forum
Preparations are underway for the Tenth African Development Forum (ADF) to be convened by the Economic Commission for Africa, the African Union and the African Development Bank. The forum, which brings...
View ArticleEthiopia, Birthplace of Arabica Plans Becoming World’s Second Coffee Producer
Ethiopia, the birthplace of Arabica coffee has recently upped the ante on its coffee production capability. With over 2.25 billion cups of coffee consumed globally, it’s no wonder it ranks as second...
View ArticleEthiopia Mulls over Engaging Private Sector in Power Investment
Ethiopia is working to engage the private sector in power investment with a combined capital of 12 billion US dollars over the coming four years, according to the Ministry of Water, Irrigation and...
View ArticleAfrica from the Inside: From the “Africa Rising” narrative to “Multispeed...
Like the majority of emerging markets, GDP growth in the African region has dropped dramatically over the last three years. Of sub-Saharan Africa’s big four economies – Nigeria, South Africa, Angola...
View ArticleEthiopian Tourism in the Rainy Season
Although seasonal rain is showering down in Ethiopia, tourist influx into the country is still gaining momentum. In most tourist destinations in the country, particularly in the northern route,...
View ArticleTapping Trade and Investment Potentials of Gulf Countries
Economic diplomacy has become a cornerstone in Ethiopia’s Foreign Policy and the country’s embassies and consulate generals in the Gulf are working to exploit the region’s enormous potential for trade...
View ArticleSustaining Ethio-America Business Ties to Boost Exports, Increase Employment
It is significant to explore ways of foreign trade and investment that can help move Ethiopia to more vigorous participation in the global economy, and to the sustainable economic development that will...
View ArticleEthio-Turkish Investors to Expand Footprint with Salt Factory
A salt manufacturing industry established by Ethiopian and Turkish investors has become operational at a cost of 300 million Br in Semera, Afar regional state. The total area of the company is 50...
View Article