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Can Ethiopia boost economic growth and eradicate poverty without ruining the very treasure it wants to promote?
In August this year the Ethiopian Ministry of Culture and Tourism made a bold announcement that it intended to triple foreign visitors to more than 2.5 million by 2020, with…
China’s POLY-GCL completes gas appraisal wells in Ethiopia
Addis Ababa, January 1, 2016 (FBC) – China’s POLY-GCL Petroleum Group Holdings Ltd has finished drilling two appraisal wells in Ethiopia’s southeast and will soon know the size of gas…
PM Hailemariam named 2015 AfricaWorld Man of the Year
Addis Ababa, January 1, 2016 (FBC) – It is remarkable how Prime Minister Hailemariam Desalegn has sustained economic progress in Ethiopia after the sudden death of his predecessor in 2012.…
A meeting of the Sudanese and Egyptian presidents will be perfunctory
Recent events have brought tension back into the relations between Egypt and Sudan, so Khartoum has increased its statements regarding a summit meeting between Presidents Omar Al-Bashir and Abdel Fattah…
Agency terminates contract with Karuturi
Addis Ababa, December 31, 2015 (FBC) – The Ethiopian Agricultural Investment Land Administration Agency has terminated its contract with Karuturi Agro Products PLC. Karuturi was licensed eight years ago to…
Ethiopia singled out as Africa’s major economic power by 2050
Addis Ababa December 30, 2015 (FBC) – The top spot for Africa’s biggest economy by 2050 will go to Ethiopia, according to Dr. Carlos Lopes, Executive Secretary of the UN…