Addis Ababa: The Ethiopian Development Bank (EDB) revealed that it has reduced bad loans from 57 percent to 6.5 percent through reforms it carried out in the last five years.
The bank provided 32 billion birr loans and made 5.5 billion birr profit i…
Continue ReadingAddis Ababa: As developing countries facing similar challenges and opportunities, China and Africa have fostered a spirit of collaboration and mutual support through South-South cooperation, an Ethiopian Expert underlined.
A researcher at the Ethiop…
Continue ReadingAddis Ababa: An exhibition showcasing the ancient Liangzhu culture of China concluded in Addis Ababa today with a commitment of officials to harness Ethio-China culture as the basis for fostering exchanges and sustainable development.
China Media Gr…
Continue ReadingAddis Ababa: Ethiopia expressed its resolve to settle disagreement with Somalia peacefully, stressing, however, that teaming up with forces opposed to peace is a short-sighted strategy and counterproductive, Minister of Foreign Affairs stated.
Foreig…
Continue ReadingAddis Ababa: Ethiopia’s Foreign Minister, Ambassador Taye Atske-Selassie emphasized that the people of the Horn of Africa, united by strong friendships and community ties, are no longer bound by past hostilities.
The Minister briefed local and inter…
Continue ReadingAddis Ababa: The Ethiopian National Dialogue Commission (ENDC) is set to embark on a crucial agenda-gathering process in the Central Ethiopia Region on Saturday, marking a significant step towards fostering national unity and addressing long-standing …
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