Business

Addis ababa: Prime Minister Abiy Ahmed, alongside high-level government officials, reviewed the completed Addis International Convention Center-Goro-VIP Airport corridor today. According to Ethiopian News Agency, the Prime Minister highlighted that the overall city corridors approach provides significant hope for the future, with the project beginning with four corridors in the first phase and expanding to … Read more

Addis ababa: Colombia is making a concerted effort to strengthen its economic and commercial relationships with African nations, with a particular focus on Ethiopia, Ambassador Yeisom Arcodia Meneses Copete told ENA. According to Ethiopian News Agency, the high-level business roundtable held in Addis Ababa yesterday would be a pivotal step in expanding trade and investment … Read more

Addis ababa: Water and Energy Minister of Ethiopia Habtamu Itefa remarked that the Grand Ethiopian Renaissance Dam (GERD) ensures a regulated flow of water and reduces flood risks for downstream countries while promoting fairer and more sustainable transboundary water management. The Minister has affirmed that the current Ethiopian generation has realized its long-cherished development aspirations … Read more

Maputo: The Mozambican government and Qatari investment group Al Mansour Holding signed a strategic agreement worth 20 billion US dollars, to be invested in the country’s development. According to Ethiopian News Agency, the deal extends a rapid Africa push by Al Mansour, which has unveiled agreements in the Democratic Republic of Congo, Zambia, and Botswana … Read more

Addis ababa: Ethiopia’s Minister of Finance, Ahmed Shide described the past Ethiopian fiscal year as a fruitful year for economic reform, highlighting robust achievements including 8.4 percent economic growth and export revenues of USD 8.3 billion-more than double the previous average. According to Ethiopian News Agency, the Government, together with its development partners, convened today … Read more

Addis ababa: The population of millionaires in Africa has been projected to increase by 65 per cent within the next 10 years as the continent continues to experience economic growth, according to a report by wealth advisory firm Henley and Partners. According to Ethiopian News Agency, the report titled ‘Africa Wealth Report 2025,’ noted that … Read more