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AU sends delegation to Eritrea amid Djibouti border tensions

ADDIS ABABA, Ethiopia (AP) – The African Union says it will send a delegation to Eritrea as tensions grow between that country and neighboring Djibouti after the abrupt withdrawal of…

CBE to hold lot draw for 40/60 houses Saturday

Addis Ababa, July 3, 2017 (FBC) – The Commercial Bank of Ethiopia (CBE) said it will hold a lottery draw on July 8, 2017 for the houses which it received…

Omo Kuraz one sugar factory enters production

Addis Ababa, July 1, 2017 (FBC) –After completing its test run, Omo Kuraz one sugar factory has entered into production. It is one of the four sugar factories under the…

Ethiopian Dr Tedros takes office as new WHO director-general

Addis Ababa, July 1, 2017 (FBC) – The new director general of the World Health Organization (WHO), Dr Tedros Adhanom, took over managing the UN health agency on Saturday, the…

Ethiopia ready for new digital world adopted globally, says Minister

Addis Ababa, June 29, 2017 (FBC) – Ethiopia is ready for a new and future digital world, according to Ministry of Communications and Information Technology. In his opening speech to…

Ethiopia, European Investment Bank sign €70mln loan agreement

Addis Ababa, June 29, 2017 (FBC) – Ethiopia and the European Investment Bank (EIB) today signed a 70 million Euros loan agreement. The agreements was signed by Getahun Nana, President…