Addis Ababa: The Disaster Risk Management Commission (DRMC) announced that resource mobilization has started in regional states where disaster risk fund laws were adopted. According to the commission, the establishment of disaster risk fund is well un…
Continue ReadingAddis Ababa: The policy direction and the massive economic reform undertaken by the Government of Ethiopia has been instrumental in positioning the country among the biggest economies in Africa, AUDA-NEPAD Economy, Infrastructure, Industrialization, T…
Continue ReadingAddis Ababa: The East Africa Art and Cultural Festival is playing a pivotal role in fostering unity and strengthening people-to-people ties among communities of East African countries, according to delegation members of the festival.
According to Et…
Continue ReadingAddis Ababa: Ethiopia Electric Power (EEP) has announced that it is currently supplying 265 megawatts (MW) of electricity daily to Kenya, in accordance with the power purchase agreement signed between the two nations. EEP highlighted the crucial role …
Continue ReadingAddis Ababa: Ethiopia has emerged as a prime destination for foreign direct investment (FDI) with the introduction of Industrial Parks since 2008 and adoption of the Special Economic Zones (SEZ), according to Ethiopian Investment Commission. The intro…
Continue ReadingAddis Ababa: The economic integration of Africa must be seen as an existential issue, the former Nigerian Vice President Professor Yemi Osinbajo underscored. Professor Osinbajo stressed the importance of strong political leadership to push forward the…
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