Addis ababa: The ongoing development of heritage sites, palaces, and tourist destinations that the Ethiopian government has been carrying out in various areas aims to not only preserve heritage sites but also make the tourism sector an economic engine…
PM Abiy Says Private Sector Played Irreplaceable Role in Revitalizing Tourism
Addis ababa: The private sector has played an irreplaceable role in driving the current revitalization of the tourism industry, Prime Minister Abiy Ahmed said today.
According to Ethiopian News Agency, the Prime Minister made the remarks during an e…
Ethiopia Launches Natural Capital Accounting Roadmap and Land Account Report for Economic Development and Climate Resilience
Addis ababa: Ethiopia’s Natural Capital Accounting (NCA) Roadmap and the 1st Edition Land Account Report were launched today. Ethiopia’s NCA Roadmap integrates environmental assets, such as land, forests, and water, into national economic planning, es…
Government Designates Tourism as Economic Pillar to Share Global Wealth, Ensure National Interest: Prime Minister Abiy
Addis ababa: The Ethiopian government has designated tourism as one of the country’s core economic pillars to secure a greater share of the rapidly expanding global tourism economy and permanently safeguard national strategic interests, Prime Minister…
Saudi Companies Express Interest in Investing in Ethiopia
Addis ababa: Saudi Arabia-based Jo Drinks Factory and Soil Roasters, companies operating in different sectors, have expressed their interest in investing in Ethiopia. A high-level Ethiopian diplomatic delegation led by Deputy Head of Mission at the Em…
Ethiopia and Italy Sign £70 Million Concessional Loan Agreement for Development Policy Operation
Addis ababa: Ethiopia and Italy have today signed a £70 million concessional budget support loan to be utilized for the third Development Policy Operation (DPO3), which will be aligned with financing to be obtained from the World Bank. The agreement w…