Korean Government Provides $1 Million for Humanitarian Assistance for Ethiopia
ADDIS ABABA, Ethiopia (The Embassy of the Republic of Korea)–The Republic of Korea has decided to provide USD 1 million in order to support humanitarian assistance […]
Politics
Up to 50 Somali, Ethiopian Migrants Deliberately Drowned by Smugglers off Yemen
ADEN, Yemen (IOM)–Early this morning (Aug. 09), a human smuggler, in charge of the boat, forced more than 120 Somali and Ethiopian migrants into the […]
Corruption Is Holding Back Democracy and Prosperity in Ethiopia
Although robust economic growth has reduced the percentage of the population living in poverty, Ethiopia is is also a nation in political turmoil. By Charles […]
Ethiopia and Sweden Sign Framework Agreement
ADDIS ABABA (MoFEC)–Framework Agreement a grant amounting SEK one billion (ETB 2.82 billion) was signed on July 27, 2017 between the Federal Democratic Republic of Ethiopia […]
EIB Confirms Support for 6 Billion Birr Private Enterprise Financing Program in Ethiopia
Small business across Ethiopia will benefit from a new 6.4 billion Birr (EUR 247 million) lending and leasing program from the European Investment Bank (EIB) to […]
Moody’s: Ethiopia’s Credit Profile Is a Mix of Strengths (e.g. High Growth Level) and Weaknesses (e.g. Low Per Capita Income)
Ethiopia’s B1 rating and stable outlook reflects its strengths, including high growth levels and low debt-servicing costs, set against challenges such as high inflation, low […]
U.S. Announces $169 Million in New Humanitarian Assistance for Ethiopia and Kenya
WASHINGTON, D.C. (USAID)―On August 3, 2017, the United States announced more than $169 million in humanitarian assistance to support those in Ethiopia and Kenya who […]
New Country Partnership Framework to Support an Inclusive and Equitable Growth Path for Ethiopia
WASHINGTON, DC–In the last week of June 2017, the World Bank Group (WBG) Board of Executive Directors endorsed a new WBG five-year Country Partnership Framework (CPF) to support […]
Chinese Investment Leads Way as Ethiopia Opens to Outside
While Ethiopia is attracting massive Chinese investment in infrastructure projects, the Ethiopian government has set its sight in particular on Chinese involvement in industry parks. […]
Ethiopia, UK Partnering to Tackle Human Trafficking
The UK to step up capacity building training to increase immigration and airline officials’ skill sets to fight human trafficking ADDIS ABABA―The British Embassy in […]