Ethiopia has emerged as one of the world’s most competitive outsourcing destinations, ranking 23rd...

Ethio telecom, in partnership with the Ethiopian Toll Roads Enterprise (ETRE), has launched a...

Djibouti City, Djibouti Djibouti has announced that Ethiopia declined an offer to acquire a majority stake in one of its ports, instead requesting a corridor arrangement along with the proposed equity. On Monday, the Djibouti Ports and Free Zones Authority (DPFZA) revealed that the Djiboutian government had offered Ethiopia a 60 percent stake in the port of Tadjoura. DPFZA Chairman Aboubakar Omar Hadi stated that Ethiopian officials did not accept the proposal and instead sought a corridor arrangement in addition to the equity stake. "We are clear and transparent—our offer was a 60 percent share in Tadjoura," Hadi said during a press conference in Djibouti. "The Ethiopian government declined the proposal, seeking a corridor on top of the equity stake." Hadi emphasized that Djibouti remains open to collaborating with Ethiopia, highlighting the existing facilities available for Ethiopian trade. He...

The Association of Ethiopian Microfinance Institutions (AEMFI) has urged the National Bank of Ethiopia...

Ethiopia has unveiled a $577.8 million plan to support 1.68 million refugees and host...

The passing of Ambassador Konjit Sinegiorgis marks the end of an era in Ethiopian diplomacy, an era defined not...

Ethiopia’s long-anticipated accession to the World Trade Organization now appears increasingly inevitable. After years of negotiation, recent efforts signal...

Consultants like to say: a crisis is just a system revealing itself. Ethiopia’s fuel shortage is doing exactly that. The war...

Wars have a way of traveling. They begin with missiles and statements, far from home, but they arrive quietly, in...