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Ethiopia, Egypt to resume stalled GERD talks after leaders meet in Cairo
Ethiopia and Egypt are set to resume negotiations over the filling and operation of the disputed Grand Ethiopian Renaissance Dam (GERD), according to a...
BGI sells HQ to fund Meta expansion, new plant
BGI Ethiopia, one of Ethiopia's major breweries, has agreed to sell its headquarters building in Addis Ababa to fund the relocation of its plant...
EIB provides largest loan ever in Djibouti’s history to boost water security
The European Investment Bank (EIB) has agreed to provide €79 million for water projects in Djibouti - the largest loan ever provided by the...
Addis Ababa approves record high 140.2b br budget for next year
The Addis Ababa City Administration has approved a record high 140.2 billion birr budget for the fiscal year starting July 8, 2023 - an...
Rebukes ring out
Economic woes, insecurity exposed Parliament erupted in stunned silence as opposition MP Desalegn Chanie issued a stinging rebuke of Prime Minister Abiy Ahmed's leadership. Slamming the...
Abiy pleads for ‘win-win’ solution to boundary row in Northern Ethiopia
Prime Minister Abiy Ahmed today urged a "win-win" approach to resolve the boundary dispute between the Amhara and Tigray regions peacefully. Addressing questions from lawmakers...
PM touts progress in economy as lawmakers demand more
Ethiopia's Prime Minister Abiy Ahmed (PhD) has defended his administration's economic record in the face of questions from lawmakers. Addressing parliament, Abiy responded to questions...
UN extends mandate for AU peacekeepers in Somalia amid concerns over Al-Shabaab
AU peacekeepers in Somalia ATMIS The UN Security Council has unanimously voted to extend the mandate of the African Union Transition Mission in Somalia (ATMIS)...
Five African banks onboard Pan-African payment highway
Pan African Payment and Settlement System (PAPSS) Five major African banking groups have signed agreements to integrate the new Pan African Payment and Settlement System...
Wim Vanhelleputte named new Safaricom Ethiopia CEO
Safaricom announced the appointment of Wim Vanhelleputte as its new Chief Executive Officer, effective September 1, 2023, for Safaricom Ethiopia. In an internal memo, Peter...
