The Ministry of Culture and Tourism (MoCT), together with consultants from United Nations World Tourism Organization (UNWTO), has started the process of grading and accrediting 200 hotels in Addis Ababa and 400 hotels in the rest of the country. More
This month the Air Transport World (ATW) awards will be held in Washington. More
Ethiopia, Kenya, Mozambique, Zambia, Tanzania to collaborate to curb illegal migration (Dec 22, 2014)
State Minister Dewano Kedir meets with Ambassadors of Kenya, Mozambique, Zambia and Tanzania today (December 19) to discuss on how the countries should cooperate to curb illegal migration and to share recent developments in the issue of migration. More
State Minister Dr. Yinager received copies of credentials of Ambassadors of Senegal, Azerbaijan and Colombia (Dec 22, 2014)
State Minister Dr. Yinager received copies of credentials of the newly appointed Ambassadors of Azerbaijan, Colombia and Senegal at his office today (December 22, 2014). Dr. Yinager welcomed the newly appointed Ambassador of Senegal to Ethiopia, Ambassador Momar Gueye and briefs him about developments of Ethiopia in various sectors and Ethiopia’s role in stabilizing the Horn of Africa region. More
A ten-day training course in conflict prevention for senior military officers from nine East African countries started on Monday (October 13) at AU Headquarters in Addis Ababa. The training is organized by the Ethiopian International Peacekeeping Training Center (EIPKTC) which funded and assisted by the Japanese government. It brings together high ranking army officials from Burundi, Djibouti, Egypt, Kenya, Rwanda, Somalia, Sudan, South Sudan and Uganda. More
In quest for joining the international capital market, Ethiopia is going to start issuing international bond by the end of this year. The move is the first of its kind by the nation.
The announcement by the Ethiopian government came following the sovereign credit ratings given to the country by three top international rating agencies back in May. Standard & Poor’s and Fitch both rated Ethiopia’s sovereign treasury bonds as “B” while Moody’s rate was “B1” (B+).
China’s was once known as cheapest factory floor on the planet, but in the last two decades its economy has transitioned to become one of the world’s most advanced industrial powers. That means someone else needs to start making all those shoes and sweatshirts, More
Hiroki Co. Ltd, a Japanese-based leather producing factory, is set to start production in Ethiopia in mid-March, with an investment of close to 10 million
.The first Japanese foreign direct investment (FDI) to Ethiopia in the leather industry, Hiroki, which already established the Hiroki Addis Manufacturing S.C More
Emerging markets are taking a beating, most of all the famous BRIC economies Brazil, Russia, India and China. But a fantastic growth story in developing world is widening and drawing in new countries and regions.Emerging markets are taking a beating these days, More