Addis Ababa: Some 98 percent of farmland has been covered with various crop seeds in Amhara Region out of the planned 5.1 million hectares to be cultivated during this farming season, according to Region’s Rural Cluster Coordinator with the rank of re…
Political News
Ethiopian Dev’t Bank Achieves Significant Loan Portfolio Improvement in Years of Reform
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…
China, Africa Foster Spirit of Collaboration Through South-South Cooperation: Expert
Addis 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…
IFAD Expresses Gratitude to Ethiopian Gov’t for its Recent Economic Reform Policy
Addis Ababa: Minister of Irrigation and Lowlands, Abraham Belay discussed with the Associate Vice President of the International Fund for Agricultural Development (IFAD), Donal Brown along with senior delegates from IFAD.
The discussion focused on on…
Chinese Liangzhu Culture Exhibition in Ethiopia Concludes with Commitment to Harness Culture for Dev’t
Addis 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…
Ethiopia Committed to Resolving Disagreement with Somalia Peacefully: Minister of Foreign Affairs
Addis 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…