General

General

Ethiopia’s Finance Minister Engages in Productive Bilateral Talks with Officials from US State Department

Washington: The Finance Minister of Ethiopia Ahmed Shide and the Ethiopian Ambassador to the United States, Binalef Andualem, held productive bilateral discussions with officials from the US State Department today. According to Ethiopian News Agenc...

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General

Afreximbank Initiates 3 Billion USD Oil Financing Program for Africa and Caribbean

Cairo: African Export-Import Bank (Afreximbank) has launched a US 3 billion USD Revolving Intra-African Oil Trade Financing Program to finance the purchase of refined petroleum products by African and Caribbean oil buyers. The objective of the program...

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General

China Inaugurates Chamber of Commerce to Africa

Addis Ababa: The establishment of China Chamber of Commerce to Africa marked a significant milestone in the economic and trade cooperation between China and Africa, China Head of Mission to the African Union, Ambassador Hu Changchun said. The Head of ...

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General

AfDB and IADB Renew 3.2 Billion USD Agreement to Enhance Financial Resilience

Washington DC: The African Development Bank (AfDB) has renewed a 3.2 billion U.S. dollar exposure exchange with the Inter-American Development Bank (IADB) aimed at strengthening capital efficiency, boosting development lending, and enhancing global fi...

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General

Cameroon, Chad Open New Border Bridge Paving Ways for Regional Integration

Addis Ababa: Cameroon and Chad inaugurated a bridge over the Logone River on Monday with bilateral ties deepening and paving ways to expediting regional integration. According to Ethiopian News Agency, Cameroon's Prime Minister Joseph Dion Ngute and...

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General

Ethiopia’s High-Level Delegation Discusses Debt Treatment Progress with Eurobond Holders

Addis Ababa: Ethiopia's High-level Delegation led by Minister of Finance Ahmed Shide and Eurobond Holders met to exchange on Ethiopia's debt treatment progress. The Ethiopian delegation attending the 2025 World Bank and IMF Spring Meetings engaged in ...

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Business

Business

‘MadeInEthiopia’ Movement Boosts Quality, Competitiveness of Products

Addis Ababa: The Ethiopia Tamrit (MadeInEthiopia) movement has enabled the country to increase the quality and competitiveness of products, Minister of Industry Melaku Alebel told ENA. The movement was launched by Prime Minister Abiy Ahmed in 2022, with the aim of realizing a competitive manufacturing industry by solving the bottlenecks in the sector. According to […]

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Business

Ethiopia’s Economic Reforms Unlock Investment Potential, Attracting Foreign Interest

Addis Ababa: Speaking to ENA, Ethiopian Investment Commission Commissioner Zeleke Temesgen highlighted that Ethiopia has been undergoing a substantial reform process over the past seven years, achieving commendable results. The Commissioner stated that during these reform years, sectors previously closed to foreign investors have been opened. According to Ethiopian News Agency, the economic reform has […]

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Business

Ethiopia Advances Agricultural Goals through CAADP Alignment: Expert

Addis Ababa: Ethiopia, through aligning its agriculture strategies with the Comprehensive African Agriculture Development Program (CAADP), continues to champion, Advisor to the Minister of Agriculture and CAADP Focal Person Zena Habtewold said. According to Ethiopian News Agency, the Comprehensive African Agricultural Development Program (CAADP) is an Agenda 2063 continental initiative that aims to help African […]

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Business

Foreign Investors Invited to Engage in Ethiopia’s Healthcare, Medical Tourism Sector

New Delhi: Ambassador Feseha Shawel has invited foreign investors to engage in Ethiopia’s healthcare and medical tourism sector. According to Ethiopian News Agency, India, on the Asian Business and Social Forum, Ambassador Feseha Shawel highlighted Ethiopia’s position as the third international diplomatic hub and a gateway to Africa, noting the country’s efforts to open up […]

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Business

Ethiopian Airlines Announces Temporary Suspension of Flights to Enugu Airport in Nigeria

Addis Ababa: Ethiopian Airlines announced today that its operations to Akanu Ibiam International Airport, Enugu, are suspended until 06 May, 2025 due to runway rehabilitation work being carried out by the airport authorities. According to Ethiopian News Agency, the airline has apologized to customers for the inconvenience this may cause. The temporary suspension is necessary […]

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Business

Ethiopia’s Tourism Sector Sees Unprecedented Growth in Nine Months

Addis Ababa: Ethiopia’s tourism sector has experienced unprecedented growth over the past nine months, with significant strides made in both conference tourism and destination development, according to Minister of Tourism Selamawit Kassa. According to Ethiopian News Agency, tourism has received exceptional attention from the government and key institutions, with a notable surge in international, continental, […]

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