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Wegagen Bank inaugurates $34.5 mln built headquarters

Addis Ababa, September 30, 2017 (FBC) – President Mulatu Teshome today inaugurated a 23-storey building built by Wegagen Bank S.C at a cost of over 805 million birr (approximately $34.5…

IMF Staff Completes 2017 Article IV Visit to The Federal Republic of Ethiopia

Real gross domestic product is estimated to have increased by 9 percent in 2016/17. Prudent budget execution led to a lower-than-planned fiscal deficit, estimated at 2.5 percent of GDP. To…

Ethiopia sets stable framework for business: UK trade envoy

Addis Ababa, September 23, 2017 (FBC) – The Ethiopian government has set a sustainable framework for business investments in infrastructure and cheap power supply, said UK Prime Minister’s Trade Envoy…

Karuturi Demands Compensation From Ethiopia for Failed Land Deal

Karuturi Global Ltd., an Indian flower grower, demanded compensation from the Ethiopian government for a series of failed land deals as it prepares to exit the Horn of Africa nation.…

The veins of Ethiopia’s growth

Ethiopia’s “umbilical cord”, Djibouti, could soon feel the pinch. After Ethiopia lost its lifeline to the Red Sea following the independence of Eritrea a quarter century ago, Djibouti has been…

የዓለም ባንክ ለኢትዮጵያ የ600 ሚሊየን ዶላር ድጋፍ አደረገ

አዲስ አበባ፣ መስከረም 6፣ 2010(ኤፍ.ቢ.ሲ) የዓለም ባንክ ኢትዮጵያ የምግብ ዋስትናን ለማረጋገጥ ለምትተገብረው የሴፍቲ ኔት መርሃ ግብር የሚውል የ600 ሚሊየን የአሜሪካ ዶላር ድጋፍ አደረገ። በኢትዮጵያ የምግብ ዋስትና ችግር ያለባቸው የገጠር ነዋሪዎች…