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World Bank Sees Ethiopia GDP Grow at 7 Percent for Medium Term 26 Aug 2013 | 07:53 pm
ADDIS ABABA — Ethiopia‘s economy is likely to grow seven percent a year over the next three to five years, below its average of the last decade, and to push that rate higher, the government needs to c...
Awash Wine S.C makes over 90mln birr profit before tax 26 Aug 2013 | 04:18 am
Addis Ababa, August 24, 2013 (WIC)–Awash Wine S.C announced that it has made over 90 million birr profit before tax in the just concluded budget year. The announcement came here today at the annual em...
Ethiopian commences flight service to Enugu 26 Aug 2013 | 03:50 am
Addis Ababa, Ethiopia (ENA) – Ethiopian Airlines, the fastest growing airline in Africa, commenced new service to Enugu, Nigeria as of August 24, 2013, becoming the first international carrier to fly ...
State secures over 933 million Birr revenue from tourism 26 Aug 2013 | 03:39 am
Bahir Dar, Ethiopia – Over 933.6 million Birr revenue was secured from tourists who visited natural, historic and religious sites in Amhara State during the concluded budget year, the State culture, t...
Ethiopian-Americans grateful on 50th Anniversary of March on Washington 25 Aug 2013 | 07:31 pm
The 50th Anniversary of the March on Washington is an important occasion for all those fighting for freedom. Ethiopian-Americans have been among the beneficiaries of the struggles waged by Dr. King a...
CBE approves 1.5 billion Birr loan to Breweries 24 Aug 2013 | 09:08 pm
Heineken amasses over half billion birr, awaits three billion. It was just few weeks ago that Raya and Habesha, two new and upcoming breweries, secured loans of more than a billion birr from the Comme...
Mixed signals in battle for 4G Network 24 Aug 2013 | 08:46 pm
Addis Ababa, Ethiopia - Chinese telecommunication multinationals ZTE Corporation and Huawei Technologies have recently signed new contractual agreements after longstanding negotiations, ending months ...
Aman reveals further history-making hopes 24 Aug 2013 | 08:11 pm
World 800m champion Mohammed Aman voices plans to move up to the 1500m and says breaking the 800m world record is “possible”. Ethiopia’s newly-crowned world 800m champion Mohammed Aman has revealed fu...
Tyson Gay tested positive for steroid 24 Aug 2013 | 04:31 am
U.S. sprint champion Tyson Gay has been notified by the U.S. Anti-Doping Agency that his sample tested positive for a banned steroid, according to the BBC Friday. In a letter from USADA to Gay obtaine...
Ethiopian government expands the mobile-phone network but tightens its grip 24 Aug 2013 | 03:01 am
ETHIOPIA has Africa’s last big telecoms monopoly. The absence of competition has seen a country of more than 80m lag badly behind the rest of the continent in an industry that has generally burgeoned ...
