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Ethiopia is now Africa’s fastest growing economy

Ethiopia’s economy is predicted to grow by 8.5% this year. The figures signal continued economic expansion following a long period of impressive growth. In the last decade, Ethiopia has averaged…

How an Ethiopia-backed port is changing power dynamics in the Horn of Africa

When Eritrea gained its independence from Ethiopia in 1993, Ethiopia became landlocked and therefore dependent on its neighbours – especially Djibouti – for access to international markets. This dependency has…

EPRDF Executive Committee to meet next Sunday

Addis Ababa, March 7, 2018 (FBC) –Executive Committee of the Ethiopian People’s Revolutionary Democratic Front (EPRDF) will hold its meeting as of March 11, 2018. Shiferaw Shigute, head of EPRDF…

Ethiopia acquires 19% stake in Berbera Port

Addis Ababa, March 1, 2018 (FBC) – Ethiopia has signed an agreement with DP World and the Somaliland to acquire 19% stake in the Port of Berbera. DP World will…

Ethiopia among top five biggest wind energy markets in Africa

Addis Ababa, February 21, 2018 (FBC) –Ethiopia is among the top five markets in the African continent that are leading the way in wind power generation, renewable energy focus magazine…

Ethiopian to start flights to Chicago

Addis Ababa, February 5, 2018 (FBC) – Ethiopian Airlines (Ethiopian) said it will commence direct flight from Addis Ababa to Chicago effective as of June 02, 2018. Chicago will be…