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Ethiopia secures USD 1.1bln in FDI inflows: UNCTAD

The United Nations Conference on Trade and Development (UNCATD), in its Investment Trends Monitor Report released this week, indicated that Ethiopia remains relatively stable drawing USD 1.1 billion in Foreign Direct Investment inflows during the first half of 2020.

ECX to trade industrial products

With the approval by the Ministry of Trade (MoT), the Ethiopia Commodity Exchange (ECX) is set to open a special window for industrial processors, The Reporter has leant. 

City to administer Sheger, Entoto parks

The Addis Ababa City Administration (AACA) is set to administer the newly inaugurated Sheger and Entoto Parks. This was disclosed by Adanech Abiebie, the newly appointed de facto mayor of Addis Ababa City.

Ministry Starts Mentoring Future Women Leaders

The Ministry of Women, Children and Youth (MOWCY) is implementing a takeover mentorship program for adolescent girls as part of this Year’s International Day of the Girl 2020 celebration under the theme: 'Empowering Girls for a Brighter Tomorrow.'

Federal police arrests 14 for drug trafficking

14 Foreign Nationals are in custody of the Ethiopian Federal Police Commission accused of trying to smuggle drugs to Hong Kong on Monday. All except one are from Nigeria and a woman in her 20’s had come to Bole International Airport from Sao Paulo, Brazil on transit heading to Hong Kong.

“Frank and Candid Dialogue”

FDRE President Sahlework Zewde (left) and Vera Songwe (right) exchange pleasantries on their way out of a Tana Forum session (held from October 19-24, 2020) held to promote frank, relevant and candid dialogue on African security issues at the Sheraton Addis. This year’s session marks the 9th Tana Forum, albeit the event changing its usual venue in Bahir Dar city in caution of the COVID-19 pandemic.