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Construction of Ethio-Kenyan Electric Highway to Commence

21 May 2013 | Ethiopia | Source : AllAfrica News: Ethiopia

Miherete Debebe CEO of EEPCo, Guang Z Chen, WB Country Director for Ethiopia, Alemayehu Tegenu, minister of Water and Energy and Lamin Barrow, resident representative of the African Development Bank after the signing ceremony at the Hilton Hotel. The construction of the... Read more

ETH Switch Opens Financial Proposals of Two Firms

21 May 2013 | Ethiopia | Source : AllAfrica News: Ethiopia

The development of a national Electronic Funds Transfer System will make inter-bank processes easier EthSwitch SC is choosing between two companies - BPC Banking Technologies BV and Compass Plus Limited (Great Britain) - for the award of a turnkey contract for the... Read more

The Wave Continues

21 May 2013 | Ethiopia | Source : AllAfrica News: Ethiopia

The wave of arrests of those suspected of involvement in graft continued unabated last week, with no less than eight having been put into police custody, up until Friday afternoon. The latest to be dragged into the fiasco was Begziyabher Alebel, an... Read more

Sudanese Refugees Relocated to Camp in Ethiopia

21 May 2013 | Ethiopia | Source : AllAfrica News: Ethiopia

Addis Ababa — The United Nations refugee agency (UNHCR) has relocated over 1,480 Sudanese refugees from the border to Sherkole camp in Ethiopia pushing the capacity of the camp beyond the initial limit of 9,000 people. In a statement the UNHCR in... Read more

Over U.S. $100,000 Was Raised in New York for Construction of Renaissance Dam

21 May 2013 | Ethiopia | Source : AllAfrica News: Ethiopia

Over $100 thousand was raised for the construction of the Grand Ethiopian Renaissance Dam at Ethiopian Renaissance Day organized in New York on Saturday, sources from the Ministry Of Foreign Affairs indicated. The Day was organized by the Ethiopian Renaissance Council in... Read more

Country Earns U.S.$2.2 Billion From Exports

20 May 2013 | Ethiopia | Source : AllAfrica News: Ethiopia

Ethiopia secured close to 2.2 billion dollars from export during the last nine months of the current fiscal year, which only shows a 2.8pc increment compared to the same period last year. Coffee still remains the country's main export item generating 513.8... Read more

IMF Projects 5.5 Percent Growth Rate for Ethiopia in 2014

20 May 2013 | Ethiopia | Source : AllAfrica News: Ethiopia

Following a year of strong growth in 2012 the near-term outlook for Ethiopia remains broadly positive, with growth projected to accelerate modestly to around 5.5pc in 2014, according to International Monetary Fund's (IMF) Regional Economic Outlook published last week. Last year, the... Read more

Welcome Remarks by Chairperson of the AU Commission to the Opening Session

20 May 2013 | Ethiopia | Source : AllAfrica News: Ethiopia

Welcome Remarks by HE Dr. Nkosazana Dlamini Zuma, Chairperson of the African Union Commission To the Opening session of the 26th Ordinary Session of the Permanent Representatives Committee (PRC) Addis Ababa, 19 May 2013 Your Excellency, the Ambassador of the Federal Democratic Republic of... Read more

Farmers Co-Op Seat Auction Postponed At ECX

20 May 2013 | Ethiopia | Source : AllAfrica News: Ethiopia

The Ethiopian Commodity Exchange (ECX) has postponed the bid opening date of the auction of thirty membership seats it floated exclusively for farmers' cooperatives, to May 16, 2013. The initial bid opening date was April 31, 2012. ECX has stated that it... Read more

The Ethiopia Embassy Procrastinates to Give the Delegation of the Arab Coalition for Darfur the Ethiopia Visas More Than Once

20 May 2013 | Ethiopia | Source : AllAfrica News: Ethiopia

Cairo in — The Arab Coalition for Darfur denounces the stand of the Ethiopian Embassy of refusing to give visas to the delegation of the Arab Coalition for Darfur to attend the second session of the "Civil Society Forum on Sudan... Read more