LATEST NEWS
March 18, 2015

Ethiopia offers countless opportunities

Ethiopia offers countless opportunities

Addis Ababa, 17 March 2015 (WIC) – When looking for opportunities to invest in sub-Saharan Africa, there are few better places than Ethiopia, the East African Business Week reported.
The country enjoys a unique location at the crossroads between Africa, the Middle East and Asia.
The investment law protects private …

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March 18, 2015

Amb. Berhane meets Irish State Minister

Amb. Berhane meets Irish State Minister

Addis Ababa, 18 March 2015 (WIC) – Foreign Affairs State Minister, Ambassador Berhane Gebrechristos met with Seán Sherlock, TD, the Irish Minister of State for Development, Trade Promotion and North-South Cooperation on Monday (March 16), to discuss a range of mutually important issues.
Ambassador Berhane said Ethiopia attached great importance …

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March 16, 2015

Ethiopia: Africa’s new hydropower and air hub?

Ethiopia: Africa’s new hydropower and air hub?

Addis Ababa, 14 March 2015 (WIC) – Propelled by a 10.9% average annual growth rate since 2000, Ethiopia is attempting a major economic transformation to become a hydro-electric powerhouse and a regional airport hub. Of numerous infrastructure projects currently being constructed or planned for the near future, two in particular …

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March 12, 2015

Ethiopia, a unique place to visit

Ethiopia, a unique place to visit

Ethiopia has a proud and long history extending to the known beginnings of humankind. The fossils of our species’ earliest known ancestor was found in the Danakil Depression in north-east Ethiopia. The Axumite Kingdom was one of the great civilizations of the ancient world and has left behind the mystery …

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March 12, 2015

S Sudanese peace talks to resume next month

S Sudanese peace talks to resume next month

Addis Ababa, 12 March 2015 (WIC) – South Sudanese warring parties, who failed to reach agreement on power sharing ratio, will resume peace talks in the coming month of April, the Ministry of Foreign Affairs announced.
The warring parties, failed to reach agreement by the deadline, 5 March, will continue …

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March 9, 2015

Addis Ababa, Ethiopia among Cities of the Future with a bright potential

Addis Ababa, Ethiopia among Cities of the Future with a bright potential

Addis Ababa, 8 March 2015 (WIC) – According to the annual “Wealth Report” released by global real estate consultancy Knight Frank on March 5, Ethiopia’s capital is among four cities in the world dubbed as “Cities of the Future”, based on the wealth creation opportunities they will present in the future.

The report says, “The cities featured on this spread are not those about to be listed among the world’s top 10 or even top 20 most important cities. Indeed, none of them yet boasts any billionaire residents, according to data from Wealth Insight, but their Hgh-Net-Worth Individual HNWI (millionaire) and UHNWI (Ultra High Net Worth Individuals) populations are rising, and they are locations whose influence we believe is growing strongly at a regional level. Even if they are unlikely to be on the second-home list of most UHNWIs, they should certainly be on their radars in terms of the wealth creation opportunities they will present.

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March 2, 2015

Ethiopian health minister: We will discuss EU support, but we take no prescriptions

Ethiopian health minister: We will discuss EU support, but we take no prescriptions

Ethiopia is the champion of country ownership in development. A program designed in Brussels may not necessarily fit into the local context in Africa. This is why Ethiopia doesn’t accept prescriptions from its development partners, Ethiopian health minister Dr. Kesetebirhan Admasu told EurActiv in an exclusive interview.

Dr. Kesetebirhan Admasu has been Minister of Health of the Federal Democratic Republic of Ethiopia since 2012. He has many years of work in Ethiopia’s health sector under his belt, has overseen its reform, and has led the implementation of the country’s flagship program, the health extension program.

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February 26, 2015

Statement on the UK’s development relationship with Ethiopia

Statement on the UK’s development relationship with Ethiopia

February 26, 2015 (WIC) – Ethiopia is delivering impressive progress towards the Millennium Development Goals meaning the needs of the country are changing as it experiences strong economic growth and increasing domestic revenue.
Recognizing Ethiopia’s growing success, the UK will now evolve its approach by transitioning support towards economic development …

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February 24, 2015

EU increases assistance to Ethiopia to 1 bln Euros

EU increases assistance to Ethiopia to 1 bln Euros

Addis Ababa, 24 February 2015 (WIC) – Considering proper utilization of funds extended to support projects by the Ethiopian government, the European Union has decided to increase amount of financial assistance.
The EU has decided to increase its yearly support to 200 million Euros (one billion Euros for the coming …

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