Egyptian and Ethiopian companies have inked deals that aim at replacing coal as an energy source with weeds. The joint venture (JV) has acquired a whopping one million hectares plot of land in the Afar Regional State.

In a bid to carry out its Corporate Social Responsibility (CSR) in a more structured and organized manner, Ethiopian Airlines established the Ethiopian Airlines Foundation (EAF).

Nobel Laureate like Joseph Stiglitz credited Meles Zenawi for concocting an original development paradigm, one that is fit for the underdeveloped African States.

Despite the falling global crude oil price the Ethiopian government is making painstaking price adjustments on petroleum retail prices in the local market.

As the Ethiopian Institute of Agriculture Research (EIAR) comes closer to celebrating its 50th anniversary, the existing land policy has stirred debate among researchers and policymakers.

Africa Oil and Maersk Oil and Gas have concluded a farmout deal in two oil exploration blocks in Southern Ethiopia.

The construction of four new ports in Djibouti at a total cost of some USD 900 million is set to be finalized within six months, it was learnt.

The Morocco-based OCP Group, which specializes in fertilizer manufacturing, is conducting talks with Ethiopian authorities to set up a manufacturing plant in Ethiopia at a cost of half a billion dollars.

Samsung Electronics Africa announced on Thursday in Johannesburg that it will be launching satellite villages in Ethiopia, Kenya and Tanzania this year.

The outstanding loan that the Commercial Bank of Ethiopia (CBE) has provided through the purchase of corporate bonds has reached 152.7 billion birr, the National Bank of Ethiopia’s annual report noted.