Addis Ababa, 15 August 2014 (WIC) - Economists say the new investment opportunity hotspots in Africa are cities in Ethiopia, Sudan, Burkina Faso and Cote d'Ivoire.If you’re looking to do business in Africa, but you’re unsure of which emerging market to tap into, then Kenya, Sudan, Ethiopia and Senegal are among your best bets.
PM Hailemariam calls for joint efforts to promote good governance
Addis Ababa, 14 August 2014 (WIC) - Prime Minister Hailemariam Desalegn has called on government officials and leaderships at to work closely with the public to promote good governance.
Annual meeting of Ethiopian foreign missions kicks off
Addis Ababa, 12 August 2014 (WIC) - Foreign Affairs Minister Dr. Tedros Adhanom says Ethiopia accomplished remarkably in the foreign relations arena over the last budget year.
The Minister made the remark at opening, on Tuesday in Addis Ababa, of the annual meeting of the heads of Ethiopia’s missions abroadDr. Tedros said Ethiopia’s ambassadors, as well as consuls- and directors-general worldwide did very well in the stated year in terms of fostering the country’s foreign relations with host countries
U.S. companies benefit by investing in Ethiopia: Minister
Addis Ababa, 12 August 2014 (WIC) - U.S. companies would benefit from the investment opportunities and incentives in Ethiopia and be able to enter the vast African market if they invest here, Foreign Affairs State Minister Dewano Kedir said.The Minister yesterday hold discussion with a 40 member delegation from DOW company, a U.S. based company about the investment opportunities in Ethiopia.
Ethiopia, Egypt to resume Nile dam talks on Aug. 26
Addis Ababa, 31 July 2014 (WIC) - Ethiopia, Egypt and Sudan will resume their tripartite talks on an Ethiopian multi-billion dollar hydroelectric dam on the Nile in late August, an Ethiopian official said Tuesday."The negotiations will resume on August 26-27," Fekahmed Negash, director-general of boundary and trans-boundary rivers at Ethiopia's Water, Irrigation and Energy Ministry, told Anadolu Agency.
Ethiopia to finalize Sustainable Tourism Master plan
Addis Ababa, 29 July 2014 (WIC) - The Federal Democratic Republic of Ethiopia is in the process of formulating its Sustainable Tourism Master Plan (STMP).The STMP is an initiative currently being developed through the technical support provided by the Sub-Regional Office for Eastern Africa (SRO-EA) and the Division for Regional Integration and Trade (RITD), in partnership with the Ministry of Culture and Tourism.
Ethiopia registers impressive growth in human dev’t
Addis Ababa, 26 July 2014 (WIC) - Ethiopia has achieved the fastest growth in human development between 2000 and 2013 from among Sub-Saharan Africa, according to UNDP’s 2014 Human Development Report (HDR).
The United Nations Development Programme (UNDP) 2014 HDR Report was launched on Thursday, July 24, 2014 at Hilton Addis.
Ethiopia eyes regional integration through highways
Addis Ababa, 28 July 2014 (WIC) - A total of $610.6 million has been allocated for the implementation of the Ethiopian part of the project, with the funds coming from the Ethiopian government, international financial institutions and donor organizations.
Ethiopia is pinning high hopes that the construction of a network of inter-state highways that connects it with its East Africa neighbors would help achieve the aspired economic integration in the region.
US providing $800 mln to advance Ethiopia’s dev’t
Addis Ababa, 26 July 2014 (WIC) - The US government is providing up to 800 million US dollars annually for Ethiopia to advance the country’s development in the fields of health, education, agriculture and food security, and energy, the US Ambassador to Ethiopia said.
U.S., Europe Investment Inflows to Ethiopia Show Rapid Increase
Addis Ababa: July 14, 2014 (FBC) - Investments in Ethiopia from the United States and Europe have been increasing rapidly over the past few years with their proportion equivalent to the amount of Asian investment.