News
Ethiopia faces electricity surplus amidst recurring transmission problems
The triumph of switching on one of the giant turbine of the Grand Ethiopian Renaissance Dam (GERD), was in fact not only about electrifying...
Ethiopia: Economists warn fallout from Russia-Ukraine war
Ethiopia gets five percent of its imports, including crude edible oil, from the duo
The war also cast shadow on the construction industry, coffee exports
As...
Oppositions disgruntled over “rushed” appointments of commissioners
Multiple political parties expressed their disgruntled sentiments over “the rushed appointments” of commissioners to the National Dialogue Commission, before conducting an adequate discussion on...
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Ministry considers diplomacy for stranded exports to China
Only 10 percent of Ethiopia’s agricultural commodity exporters were deemed legitimate for China’s newly introduced stringent requirements.
Officials at the Ministry of Agriculture requested the...
Troubled corporation declares 41.3 million birr loss
The Ethiopian Minerals and Biofuel Corporation, which used to be the main player in the tantalum export market before the revoking of its licenses,...
Safaricom eyes 30 year infrastructure sharing agreement with Ethio telecom
The company has invested $300m on infrastructure so far
Safaricom Ethiopia is negotiating to share Ethio-telecom’s infrastructure for the next 30 years.
It is a negotiation...
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GERD will start generating power tomorrow
The Grand Ethiopian Renaissance Dam (GERD), the mega hydropower plant currently under construction on the Blue Nile River, will start generating power as of...
Fuel price spike hampers electricity supply to war affected areas
Residents of war-affected areas in Amhara Region are unable to get electricity due to spike in price of fuel, which has been a source...
Investigation of Karrayu Killings underway, Oromia police
Oromia Police Commission said it is investigating to bring perpetrators responsible for the killings of members of Karrayyu Gada leadership in East Shewa Zone...
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Has depreciating Birr missed its mark?
On February 3, 2022, the official exchange rate of birr against the US dollar surpassed the 50 birr mark, depreciating by 0.11 percent every...