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Disagreement between consulting firms delays study on GERD

Addis Ababa, November 24, 2015 (FBC) – The disagreement between the two consulting firms on GERD to work in accordance with the directive of the Tripartite National Technical Committee has…

Ethiopian Airlines to order 10 narrow-body planes, eying CSeries or E2-CEO

MONTREAL (Reuters) – Ethiopian Airlines, Africa’s largest carrier, wants to buy 10 narrowbody planes and is considering Canada’s Bombardier (BBDb.TO) and Brazil’s Embraer (EMBR3.SA) jets among others, as it plans…

Ethiopia’s Great Run: The Growth Acceleration and How to Pace It

Ethiopia’s economic growth has been very rapid and stable over the past decade. While agriculture has been the main growth contributor early on, the service sector has now taken over…

Ethiopia, Sudan to establish free trade zone

Addis Ababa, November 23, 2015 (FBC) – Works are underway to establish free trade zone that benefits people both in Ethiopia and Sudan.Dr Debretsion Gebremichael, Deputy Prime Minister for Finance…

Can Ethiopia’s railway bring peace to Somalia?

“We decided to open the railway early because of the drought, the worst in decades,” says Getachew Betru, chief executive of the Ethiopian Railways Corporation (ERC).Read more…

Ethiopia to receive $50 million from GCF

(EBC, November 23, 2015)- The GCF has 24 board members, 12 each from the developed and developing world. The aim is to help developing countries adapt to and mitigate global…