Ethiopia and China Seal Historic Currency Swap Deal: Strengthening Trade Ties
On August 30, 2016, Ethiopia and China agreed to trade in Birr and Yuan, strengthening the economic ties between the two nations. This agreement...
Private Equity Firm 8 Miles, Backed by Bob Geldof, Exits Majority Stake in Ethiopia’s Awash Wines
Private equity firm 8 Miles, associated with Irish rockstar and philanthropist Bob Geldof, has divested the majority of its stake in Awash Wines, a...
Transformative Afforestation Project in Ethiopia Listed on Verra
Date: September 2, 2024
Addis Ababa, Ethiopia
We are thrilled to announce that African Bamboo’s afforestation, reforestation, and revegetation(ARR) carbon project has been officially listed on...
Kasanchis Area Set for Demolition as PM Abiy Expands Corridor Projects
In a recent ceremony recognizing the completion of the first phase of the Addis Ababa Corridor Project, Prime Minister Abiy Ahmed announced the upcoming...
Ethiopia Adjusts Power Tariffs to Meet IMF Goals, Effective This New Year
The adjustment made to the electricity service tariff, set to take effect starting from the upcoming New Year, aligns with requirements set forth by...
Tadele Gemechu’s Acquisition of Eneredada Union Properties Raises Questions Over Land Transfers
Two plots of land taken from the Consumers' Association for development have been put up for sale by the new owners through a broker....
