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Global investors more confident in Chinese economy: J.P. Morgan

BEIJING, June 7 (Xinhua) — Global investors have appeared more confident in China encouraged by the steady economic recovery since the start of the year, according to a senior director…

Ethiopian economy will be Africa’s most expansive in 2017 – World Bank forecast

The World Bank says Ethiopia’s economy will be the most expansive on the continent for the year 2017 followed by Tanzania, Ivory Coast and Senegal in that order. This view…

Ethiopia, Sudan to sign currency swap deal

Addis Ababa, June 3, 2017 (FBC) – Ethiopia and Sudan are set to sign a currency swap deal after a month. According to the National Bank of Ethiopia (NBE), the…

በምስራቅ ሸዋ ዞን ለ16 ዓመታት ሳይለማ በባለሀብቶች ተይዞ የነበረ መሬት ለወጣቶች ተሰጠ

አዲስ አበባ፣ ግንቦት 19፣ 2009 (ኤፍ.ቢ.ሲ) በኦሮሚያ ክልል ምስራቅ ሸዋ ዞን እስከ 16 ዓመት በባለሀብቶች ተይዞ ሳይለማ የነበረ 300 ሄክታር የሚጠጋ መሬት ለወጣቶች እንዲሰጥ ተደርጎ ወደ ስራ ገብቷል። የክልሉ ርዕሰ…

Ethiopia opens Sh371bn gap on Kenya’s economy

Ethiopia has opened a Sh371.8 billion ($3.61 billion) gap on Kenya’s economy fuelled by a decade of double-digit GDP growth, cementing its position as Eastern Africa’s emerging power house. The…

Chinese contractor awarded Ethiopia’s long delayed “world-class conference centre”

Addis Ababa, May 26, 2017 (FBC) – Chinese contractor CGCOC has been awarded a contract to build the first phase of a 120 million convention centre complex in the capital…