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EU announces €25 mln in humanitarian aid for Ethiopia

Addis Ababa, January 22, 2016 (FBC) – The European Union (EU) has yesterday announced a €77 million in humanitarian aid for the Horn of Africa region in 2016. EU Commissioner…

Bill Gates hails Ethiopia for receiving refugees

Addis Ababa, January 22, 2016 (FBC) – The billionaire philanthropist Bill Gates has told the BBC that he thinks economic development would stem the tide of migration from some countries.…

From Africa to the stars: Why Ethiopia needs a space programme

Why does Ethiopia need a space programme? A space programme is not a luxury, but a key to securing food, increasing the productivity of agriculture and developing scientific thinking. Space…

54 Capital Plans Ethiopian Pharma Factory After Deal

54 Capital, a London-based private-equity company, plans to build a new plant for Addis Pharmaceutical Factory within two years after investing $30 million in its seventh deal in Ethiopia, an…

None meets criteria for 13 commercial FM Radio station licenses: EBA

Addis Ababa, January 21, 2016 (FBC) – The Ethiopian Broadcasting Authority (EBA) said it has so far found no bidder that meet the criteria of the tender floated for the…

Ethiopia capable to generate over 10,000MW geothermal energy: Study

Addis Ababa, January 20, 2016 (FBC) – The Geological Survey of Ethiopia (GSE) said Ethiopia could generate over 10, 000 MW from geothermal energy. Public Relations and Communication Director at…