Business

Trump Raises Tariffs on China to 125 Percent in Latest Trade War Escalation

Addis Ababa: President Donald Trump has announced he will raise tariffs against China to 125 percent, in a rapidly escalating trade war. According to Ethiopian News Agency, the move has come hours after Beijing imposed an 84 percent retaliatory levy on U.S. goods, effective April 10, 2025, as the global trade war intensified. Trump made […]

Business

Ethiopia and China Celebrate 55 Years of Robust Diplomatic Relations

Addis Ababa: Ethiopia and China have been enjoying ‘strong and deep’ ties as the two countries mark 55 years of friendship this year, Ethiopian Ambassador to China, Ambassador Tefera Derbew Yimam underscored. According to Ethiopian News Agency, reflecting on his two years in China, Ambassador Tefera Derbew Yimam said he had traveled extensively across the […]

Business

Ethio-Greek Business Forum Held in Athens

Athens: An Ethio-Greek Business and Investment Forum was held in Athens, Greece. The Forum, which was organized by the Ethiopian Embassy in Rome and the Ethiopian Honorary Consulate in the Hellenic Republic in collaboration with the Hellenic-African Chamber of Commerce, brought together representatives from the Ministry of Foreign Affairs of the Hellenic Republic, other government […]

Business

EU Reiterates Commitment to Enhance Relationship with Ethiopia on Investment, Sustainable Job Creation

Addis Ababa: The Deputy Secretary General for Economic and Global Issues at the European External Action Service, Simon Mordue, reiterated the European Union’s commitment to transitioning its relationship with Ethiopia from traditional development assistance to a more collaborative partnership centered on investment and sustainable job creation. According to Ethiopian News Agency, in a significant move […]

Business

Ethiopia Rolls Out Red Carpet for Brazilian Investment at Business Forum

Addis Ababa: Ethiopia has made a strong and direct appeal for Brazilian investment, emphasizing its open-for-business stance and the numerous opportunities available across its burgeoning economy. Speaking at the second Ethio-Brazil Business and Investment Forum held today, Ambassador Leuleseged Tadese, the Extraordinary and Plenipotentiary of the Federal Democratic Republic of Ethiopia to the Federative Republic […]

Business

Integrated Watershed Management Project Launched to Transform Ethiopian River Basins

Addis Ababa: A joint integrated watershed management project designed to improve water resource management, livelihood of communities, and resilience to climate risks on the Abay (Blue Nile), Awash, and Tekeze river basins was officially launched today. According to Ethiopian News Agency, the project will be implemented by the Water and Land Resource Center, a research […]