Dr Akinwumi Adesina, African Development Bank President, says Africa’s food and agribusiness will be worth an estimated US$1 trillion by 2030. He told participants at the World Food Prize Foundation’s Norman E. Borlaug Dialogue in Des Moines, Iowa tha…
Addis Ababa Ethiopia’s revenue from electricity exports to neighboring countries has doubled over the past five years, surging to 101.2 million USD last fiscal year from 50 million five years ago, according to the Ethiopian Electricity Power (EEP).In t…
Addis Ababa, Germany is desirous of further strengthening its economic cooperation with Ethiopia and supports all endeavors of the country to bring peace, Germany Ambassador to Ethiopia Stephan Auer said.In his opening remarks on the 33rd Germany Unity…
Addis Ababa, Ethiopia signed the African Risk Capacity (ARC) Treaty to join the African Union Agency, African Risk Capacity Insurance Company Limited today at the Ministry of Foreign AffairsThe signing ceremony took place in the presence of the Africa…
Addis Ababa, China will further strengthen cooperation with Ethiopia in the areas of Digital Economy and Green Development, on the basis of mutual respect, Ambassador Zhao Zhiyuan said.Briefing journalists on Prime Minister Abiy Ahmed’s visit to China…
Addis Ababa, Upgrading mining processing methods to meet Ethiopia’s ambition is crucial as the sector is one of the pillars of the Homegrown Economic Reform, according to the Mineral Industry Development Institute (MIDI).Endowed with abundant natural r…
Addis Ababa, Ethiopia and China have announced ‘All Weather Strategic Cooperation Partnership’ to elevating of partnership between the two countries.Prime Minister Abiy Ahmed and President Xi Jinping held a bilateral meeting this morning.During the occ…
Addis Ababa, Ethiopian Investment Commissioner, Lelise Neme has signed a Memorandum of Understanding (MoU) with 2 Pharmaceutical and 1 Agro-processing companies to invest in Ethiopia.Productive business forum is underway in Beijing with more than 300 p…
Dr Tony Aubynn, the Board Chairman of ARB Apex Bank, has called on Rural and Community Banks (RCBs) to embrace innovation and technology to enhance operations.Digital banking solutions such as mobile payment platforms and online lending services, coul…
The Anum Rural Bank in the Eastern Region has witnessed a significant growth in its operations in 2022 as it posted a profit before tax of GHS2,515 million, representing an increase of 84.08 per cent. It however posted GHS1,366, 000 in 2021. The Bank’…