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Ethiopia among top 10 African countries with highest number of hotel rooms to be built in 2016

Addis Ababa, April 17, 2016 (FBC) – Ethiopia and Kenya are among the top 10 African countries with the highest number of hotel rooms to be constructed in 2016, thanks…

Despite low numbers, the Ethiopian car industry races ahead

Addis Ababa (CNN)For a population of 97 million, Ethiopia has just 84,000 registered vehicles. Most of these are imported, but there is an emerging field of foreign companies manufacturing cars…

Egypt, Saudi Arabia to construct Red Sea bridge

King Salman and President Sisi signed eight agreements in different fields ranging from housing to electricity. A bridge over the Red Sea that separates Egypt and Saudi Arabia is to…

EU announces €122.5 mln in humanitarian aid for Ethiopia

Addis Ababa, April 8, 2016 (FBC) – European Commission has announced €122.5 million euro for Ethiopia to address the immediate needs of people affected by the El Niño-driven drought in…

Ethiopia ranks 3rd in Africa in digital diplomacy

Addis Ababa, April 5, 2016 (FBC) – The annual digital diplomacy review (DDR 16) has ranked Ethiopia 3rd in Africa and 76th worldwide in digital diplomacy. Ethiopia is only preceded…

Ethiopia, Somaliland sign accord to boost use of Berbera port

Addis Ababa, April 4, 2016 (FBC) – Ethiopia signed a deal to boost trade through Somaliland’s Berbera port amid congestion at a facility in neighboring Djibouti, officials said. Tariffs have…