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Chinese companies to develop new industrial park in Ethiopia

ADDIS ABABA, Aug. 11 (Xinhua) -- The Ethiopian Investment Commission (EIC) on Wednesday signed an agreement with China's WODA Metal Industry Private Limited Company...

Sankofa Video Books & Cafe taken off from auction after a property tax relief

The Office of Tax and Revenue (OTR) recently honored an arrangement that grants Sankofa Video Books & Cafe an exemption from paying property taxes...

Ethiopia completes third round water filling of the Great Ethiopian Renaissance Dam

It has been announced that the third round of water filling of the Great Ethiopian Renaissance Dam has been completed and water has started...

The Ethiopian Renaissance Dam (GERD) has started generating electricity from its second turbine

The Ethiopian Renaissance Dam (GERD) has started generating electricity from its second turbine. Prime Minister Abiy Ahmed and various government officials inaugurated the second turbine...

Challenges facing small and medium-sized enterprises in Ethiopia

Yinebeb Bahru Small and Medium-size Enterprises (SMEs) have been widely credited for being an indispensable part of economic development. Its strength is gauged by the...

Impact of the Russia-Ukraine war on Ethiopia

By- Seneshaw Tamru and Tewodros Makonnen Gebrewolde The conflict in Ukraine and the subsequent sanctions against Russia triggered price increases of key commodities with far-reaching...