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Minister urges Japanese tech companies to invest in Ethiopia

(EBC, 06 December 2015) – Minister of Communications and Information Technology, Dr. Debretsion Gebremichael, urged Japanese companies to invest in the Ethiopia’s ICT industry.Read more…

China Creates a World Bank of Its Own, and the U.S. Balks

BEIJING — As top leaders met at a lush Bali resort in October 2013, President Xi Jinping of China described his vision for a new multinational, multibillion-dollar bank to finance…

Ethiopia on the right track of development- Journalists

(EBC, December 5, 2015)- Journalists of different countries who are attending the ongoing China- Africa forum in South Africa said, Ethiopia is on the right track of development. The interviewed…

Ethiopia’s inflation falls to 10 percent in November

Addis Ababa, December 4, 2015 (FBC) – Ethiopia’s year-on-year inflation fell to 10.0 percent in November from 11.8 percent in the previous month. Read more…

China’s Xi cheers African leaders with pledge of $60 billion for development

JOHANNESBURG (Reuters) – Chinese President Xi Jinping told African leaders on Friday his country would pump $60 billion into development projects, cancel some debt and boost agriculture under a three-year…

Negotiations in Paris as drought wreaks havoc in Ethiopia

The outcome of the current climate discussions in Paris will have a huge impact on the world’s poor, who bear the brunt of disrupted weather patterns caused by global warming.Read…