Ethiopia inaugurates its first artificial intelligence center
Prime Minister Abiy Ahmed of Ethiopia today inaugurates the country’s first artificial intelligence (AI) center established in the capital, Addis Ababa.The Center will be a site fo…...
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Ethiopian Airlines Announces A Re-Opening Plan
Ethiopian Airlines, having been used majorly to airlift medical and personal protective equipment (PPE) during the pandemic, has announced the welcome back of business and leisure t…...
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$1.2 million for Ethiopia-Sudan railway study by the AfDB.
The African Development Bank’s Board of Directors has approved a $1.2million grant to Ethiopia’s government to finance a feasibility study for construction of a standard-gauge rai…...
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Ethiopia power plant gets USD 10 million boost
Ethiopia has taken a step towards its green energy target andopened the door to further private sector investment in geothermal energy, with a USD 10 million loan from a fund.The co…...
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Safaricom Eyes an Opportunity to Expand into Ethiopia
Safaricom PLC is planning to extend its reach into Ethiopia, Kenya’s northern neighbour.Although not initially successful with its first few attempts, new changes within the Ethiop…...
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African Development Bank welcomes $10 million Clean Technology Fund investment to diversify Ethiopia
(AfDB ) - The African Development Bank has welcomed a decision by the Trust Fund Committee of the Clean Technology Fund (CTF), one of two funds within the Climate Investment Funds (…...
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Rural electrification to unlock $4 billion in Ethiopia’s economy
A new report released by Rocky Mountain Institute states thatlinking agriculture and rural electrification in Ethiopia could help the country unlock up to $4 billion in its economy.…...
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Ethiopia: Rural electrification is key to agricultural transformation
According to the report this can be achieved when farmers switch to electricity from expensive alternatives such as diesel. In collaboration with the International Food Policy Resea…...
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New water bottling company in Ethiopia joins the burgeoning Industry
ETHIOPIA – Kefeta Spring Water, anew water bottling company in Ethiopia has joined the competitive industry withan investment of 62 million Br (US$1.9m) and partial financing from …...
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Fate of Safaricom bid for Ethiopia to be clear next year
The fate of Safaricoms bid for a telecommunications licence in Ethiopia will be known by the end of next year at the earliest, according to new disclosures. The Ethiopian government…...
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IFC invests US$55.9M in Habesha Breweries, boosting Ethiopia’s barley industry
ETHIOPIA — The InternationalFinance Corporation (IFC) has extend US$55.9 million financing to HabeshaBreweries S.C., abeverage manufacturer in Ethiopia to help the company expand i…...
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Safaricom seeks partners for billion-dollar Ethiopia entry
Safaricom has opened talks with undisclosed investors to form a consortium that will this year bid for one of two Ethiopian telecoms licences due to the high entry costs that are l…...
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Ethiopia’s reformist leader Abiy Ahmed woos private sector investors to fuel economic growth
Jan. 28 2020Ethiopian leader’s mettle is yet to be tested as the country tries to attract private sector investments to sustain its economic growth, reports Gavin du Venage from Ca…...
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Chinese firm builds major road project in W. Ethiopia
Mark your calendars: Africa Build Show 2020, Accra, Ghana, 17-19 June 2020.http://africabuildshow.com/The Ethiopian Prime Minister Abiy Ahmed on Saturday launched the construction o…...
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Egypt, Ethiopia, Sudan to finalize Blue Nile dam agreement this month
Ministers from Egypt, Ethiopia and Sudan agreed on Wednesday to reconvene in the United States later this month to finalize an agreement on a giant hydropower dam on the Blue Nile t…...
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Ethiopian Airlines to start building new $5 billion airport this year - CEO
Ethiopian Airlines will start constructing a new $5 billion (Sh500 billion) airport later this year, its chief executive officer was quoted as saying on Wednesday, as the rapidly-ex…...
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Ethiopia To Build Continental Satellite Data Receiver Station With China’s Help
By Joseph Ibeh -- China is expected to help Ethiopia build a continental satellite data receiver station, a news report by China state media Xinhua quotes Dr Solomon Belay, Director…...
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Ethiopia to Keep Control of Its Banks as Other Sectors Open Up
By Samuel GebreEthiopia is shaking up its economy by opening many industries to foreign investors. Just don’t expect the government to loosen its grip on banks yet.“Banking, insur…...
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Ethiopia is making maps to help improve soil health
Healthy soils are vital to human survival. They play a pivotal role in feeding global populations – after all, food is grown in soil. Healthy soils grow more crops and allow for nu…...
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Ethiopia to launch independent economic advisors’ council
Jan. 1 2020 -- The Government of Ethiopia has invited independent professionals to be part of the national economic advisors council the country is set to launch.“…To ensure succe…...
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