Mimi Alemayehou joins ONE Campaign’s board
WASHINGTON, D.C. (ONE Campaign) – ONE Campaign has announced the appointment of Mimi Alemayehou to its board. Mimi Alemayehou has long been a friend and […]
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African Development Bank and African Union to roll-out a continent-wide electricity market Masterplan
The agreement between the African Development Bank and the African Union Development Agency to set up a Continental Power System Masterplan was signed the last […]
U.S. International Development Finance Corporation (DFC) visits Ethiopia to discuss new program to advance financing solutions
ADDIS ABABA (Semonegna) – Adam Boehler, Chief Executive Officer of the U.S. International Development Finance Corporation (DFC), visited Ethiopia 13–14 November 2019 to promote U.S. […]
Ethiopia earns 142 million USD in exports from Chinese-built industrial parks
ADDIS ABABA (Xinhua) – Ethiopia has earned 142 million U.S. dollars in export value from Chinese-built industrial parks, an Ethiopian official said on 8th August […]
Ethiopia gets $98 million to finance phase one of the Ethiopia–Djibouti Road Transport Corridor Project
ADDIS ABABA (AfDB) – The government of Ethiopia and the African Development Bank Group (AfDB) have signed a $98 million grant agreement from the African […]
VIDEO ― Ethiopia building innovative partnerships to deliver universal electricity access by 2025
The Ethiopia government is engaging in an array of innovative partnerships with development organizations and the private sector to fill this electricity access gap in […]
Ethiopia’s Ministry of Finance approves tax-free imports of agricultural mechanization, irrigation and animal feed technologies
The Ministry of Finance wrote the letter of approval to the Customs Commission with a list of technologies and equipment to be imported tax-free. ADDIS […]
Ethiopia to allow the diaspora to invest such financial sectors as banking and insurance
The three new draft bills incorporated directives that allow the Ethiopian Diaspora to take part in the local financial sectors, the Governor of National Bank […]
Ethiopia to issue bid for six solar power projects costing close to USD 800 million
Feasibility studies for all the seven hydropower, six solar power and three road projects were conducted and both local and international companies invited to bid […]
African Development Bank Group approves US$123 million grant for Ethiopia’s Basic Services Transformation Program
The Basic Services Transformation Program Supplementary Financing was developed jointly by the African Development Fund and the Government of Ethiopia, in close consultation with key […]