Ethiopia will start importing South Sudan oil at cheaper rate compared to the more expensive product from the Middle East.
According to Ethiopia’s Minister of Mine and Petroleum Koang Tutlam, 15-20 percent of the money usually spent on importing refined oil from the Middle East has been saved from importing … Read More
Construction of the Great Ethiopian Renaissance Dam (GERD) will continue because of it’s economical benefits.
The decision was made by the Prime Minister in response to the query from the members of the House of People Representative (HPR).
“Nobody can stop the completion of the flagship project, Ethiopia will continue
… Read More
Ethiopia gets US$63m grants from Korea Eximbank for construction of BRT corridor B6 construction.
Korea Eximbank has sign a deal with Ethiopia to fund the construction of a BRT corridor road. The BRT corridor will contribute towards easing transportation problem in the city.
Bus Rapid Transit (BRT) corridor is a … Read More
A look at Infrastructure funding gap across Africa and remedies so far.
Key to enabling African economies to make the most of their opportunities is developing infrastructure in the region. Across the continent, new laws are being implemented and alternative sources of infrastructure funding are being sought in order to … Read More
Prime minister Abiy Ahmed visits Alibaba to build strategic relationship
Prime minister Abiy Ahmed visits Alibaba Group – the e-commerce giant, in Hangzhou. In fact, both leaders are building a relationship that will see Alibaba support Ethiopia’s Development.
More so, Jack Ma commends PM Abiy’s reforms in Ethiopia, confirming that … Read More
Delegates from Ethiopia inspects a satellite under development in China.
As part of plans for Ethiopia to launch satellite, Prime Minister Abiy Ahmed inspects a 70kg Multi-Spectral Remote Sensing Satellite ETRSS-1 under development in China. In fact, the satellite is currently under development in partnership with China Academy of Space … Read More
Ethiopia’s indebtedness to China grows following energy investment
Following a meeting with State Grid Corporation of China, PM Abiy Ahmed oversaw the signing of a US$1.8 billion investment agreement which covers provision of electric power transmission and distribution lines. The project will supply power for up to 16 industrial parks; … Read More
China Railway Construction Company will Partner with Ethiopia in upcoming projects
During the Belt and Road forum in Beijing, Ethiopia’s prime minister and leadership of China Railway Construction Corporation (CRCC) held a crucial meeting. CRCC is a huge construction partner in the country. Previously, they were involved in the construction … Read More
Time Magazine releases 100 most influential list for 2019
These Africans on Time’s most influential list 2019 are influencing the continent and the globe.
Fred Swaniker is a Ghanian entrepreneur and leadership development expert whose is motivating young people in Africa to be great leaders through his various leadership initiatives.… Read More
Nigeria joins growing list of African countries that have ban the use of Boeing 737 Max 8 and 9. The aviation minister confirmed this news during a press briefing after the weekly Federal Executive Meeting held today at the state capital.
So far, these are the list of countries that … Read More
President Macron tours three Africa nations in four days.
President Macron has kick-off his 4-days tour in Africa. He arrived Djibouti last night and meet with President Ismail Omar Guelleh. While in the country, Macron will also visit France’s largest military contingent based in Africa with its 1,450 troops. Macron … Read More
Ethiopia and Djibouti sign gas pipeline deal
Ethiopia and Djibouti have recently signed a gas pipeline deal . The deal involves building of a gas pipeline to transport Ethiopian gas to an export terminal in Djibouti.
According to Djibouti’s energy minister Yonis Ali Guedi; the gas pipeline project is the … Read More
In the next six months, MoUDC will transfer over 30,000 condominium houses to residents in Ethiopia.
Ethiopia’s Ministry of Urban Development and Construction (MoUDC) will transfer over 30,000 condominium houses (condos) to residents. This news is coming after the minister presented the proposal to the House of People’s Representatives (Parliament).… Read More
Addis Ababa Bole International Airport expansion has made it the biggest airport in Africa.
On 27th January, 2019, the Ethiopian Prime Minister Abiy Ahmed commissioned the newly enlarged Addis Ababa Bole International Airport terminal; which have now become Africa’s gateway to the World and also the biggest airport in Africa.… Read More
Africa’s biggest airport hotel opens to the public in Ethiopia
Ethiopia has opened Africa’s biggest airport hotel in the continent. The 5 star Ethiopian Skylight hotel which is worth $USD 65 million will help boost the nations tourism sector. The hotel is owned by the Ethiopian Airline as a medium … Read More
African Leaders met in Addis Ababa to participate in a High-Level Meeting of Heads of State and Government organised by the African Union on January 17, 2019.
The meeting focused on exploring the election situation in the Democratic Republic of Congo. You can read the outcome of the meeting in … Read More
The United States yesterday outlined its Africa strategy by reiterating its commitment to strong partnerships with key countries in Africa, specifically naming Kenya as a target for future US aid and investment. The US said it would also seek to promote intraregional trade and commercial ties with its African allies, … Read More
Ethiopia set to kick-off road infrastructure which will ease movement of goods and commodity.
Ethiopia is set to kick-off on its US$43m infrastructure projects. This project will help to improve the transport and network connection to boost trade. It will also help grow the nation economic.
The project will also … Read More
Ethiopia’s first construction symposium brought about new technologies and ways to tackle the sector.
The first construction symposium in Ethiopia has been hail as crucial for the sector. It has also help create a platform where construction expert can sit and discuss the country various challenges in the sector.
Ethiopia’s … Read More