Skip to main content
x

Venturing in to 5G: new technological era

In a dining room reserved for only ten people for a banquet at a fancy hotel in the middle of Shenzhen, two executives of ZTE Corporation, a Chinese telecom multinational, are seen sitting around a shiny dining table–the vice president and managing director for corporate branding— Shu, David Dai and his deputy.

IMF says, layoff Non-Concessional Borrowing

In its latest staff report released this week, dubbed “Article IV Consultation for 2018,” the International Monetary Fund (IMF) stated that Ethiopia has to restrain from accessing any Non Concessional Borrowings (NCB) for the upcoming fiscal year, respecting the agreed up on zero ceiling limit on its commercial borrowing portfolio.

German companies see positive economic prospect for Ethiopia

A growing number of German companies operating in Ethiopia have expressed “high expectations” regarding Ethiopia’s economic prospectsin the coming years, according to the first Business outlook survey conducted by the Delegation of German Industry and Commerce in East Africa and the Embassy of Germany in the capital.

Sweden announces USD 400 million cooperation, support with region

With a focus on helping Ethiopia advance on areas of environment, climate change, job creation, human rights and democracy;CarinJamtin, the Director General of the Swedish International Development Agency, made a two day visit of the capital earlier this week and pledged support for various development endeavors in the country.

CCECC plans to take-on real estate in Ethiopia, Africa

Engaged in major construction projects in Africa and Ethiopia, ranging from the development of industrial parks to the construction of airport facilities, China Civil Engineering and Construction Company (CCECC) has announced plans to engage in the real-estate sector in Ethiopia as well as other African countries to avert risks related to giant projects it is implementing in the continent.

Addis Ababa set to get major face lift

Addis Ababa City, often referred to as the capital of Africa, mostly pertaining to its being the seat of the African Union and different international organizations, is to get a major face lift with a project that extends from Entoto to Yeka Abado, The Reporter has learnt.