• Eritrean President in Ethiopia on Two-Day Visit

    Eritrean-President-in-EthiopiaOctober 14, 2018 - The President of Eritrea, Isaias Afwerki, is in Ethiopia for a two-day official visit. He arrived early Sunday at Addis Ababa Bole International Airport and was received by Prime Minister Dr. Abiy Ahmed along with Foreign Minister Dr. Workneh Gebeyehu and other high level government officials.

    This is the second of two visits the Eritrean President made to Addis Ababa after a hostoric normalization of relations between the two countries.

    During his current visit, the Eritrean President is expected to hold discussions with Prime Minister Dr. Abiy Ahmed on bilateral and regional issues to advance the peace and economic cooperation and integration that has already started between the two countries.

    The visit is reportedly meant to discuss the implementation of the comprehensive cooperat

  • Ethiopian National Defense Detains Ring Leaders of March to PM Office

    Army-members-detainedOctober 13, 2018 - Ethiopian Ministry of National Defense is detaining ringleaders believed to be responsible for encouraging some soldiers to go to Prime Minister’s Office last Wednesday, according to FBC report.

    Last Wednesday, some 250 armed soldiers marched on the Prime Minister's office, demanding pay raises and other benefits.

    The soldiers were stationed in and around Addis Ababa city.

    The Prime Minister AbiyAhmed and Deputy Prime Minister Demeke Mekonnen met the soldiers and heard their grievances.

    In a surprise gesture, the PM asked the soldiers to do ten push-ups for coming to the office armed. In a video circulated in media worldwide shows the Ethiopian prime minister leading the push-ups.

    The soldiers later apologized to the Prime Minister and the Ethiopian people for trying to a

  • Eritrean Exodus to Ethiopia Intensifying - Report

    Eritrean-migrants-EthiopiaOctober 12, 2018 - Since the opening of the border between Ethiopia and Eritrea, the rate of Eritrea migrants coming to Ethiopia has increased dramatically, according to the United Nations.

    who were once arrested for dodging forced military service are now simply crossing over, according to the report.

     Most of the migrants are said to be women and children.

    "I had to take this chance to leave the country now," one Eritrean migrant told AFP a few days after arriving in the Ethiopian border town of Zalambessa with her three daughters, all under six.

    Eritrean refugee arrivals in border areas have now jumped to about 390 per day from around 53. Ethiopian authorities have registered more than 6 700 new arrivals since the border's opening, according to the UN refugee agency UNHCR.

    The

  • Italian Prime Minister in Ethiopia on Two-Day Visit

    Italian-PM-in-EthiopiaOctober 11, 2018 - Italian Prime Minister Giuseppe Conte is in Ethiopia for a two-day working visit, and as part of tour to the Horn of Africa.

    He was welcomed by Ethiopian Prime Minister Dr Abiy Ahmed upon arrival at Bole International Airport.

    He is scheduled to travel to Eritrea where he will meet President Isaias Afewerki after concluding his trip to Ethiopia.

    According to reports, the Italian Prime Minister wants to support the peace deal signed between Ethiopia and Eritrea last July after nearly 20 years of stalemate.

    Italy has a long history of association with Ethiopia and Eritrea. Italy ruled Eritrea for several decades until Ethiopia was able to take back following support from the United Nations.

    Italy is also know for trying to colonize Ethiopia as part of Europe invation of the Arican con

  • Government Will Disarm OLF if Necessary - Ethiopian Official

    By Staff Reporter

    OLF-should-disarmOctober 10, 2018 - Federal forces of Ethiopia will take all necessary measures to disarm the Oromo Liberation Front (OLF) if the front fails to do so on its own, an Ethiopian senior official announced today.

    In a briefing on Wednesday, State Minister of the Government Communication Affairs (GCOA), Kassahun Gofe, said the front had agreed to engage in peaceful struggle like other political parties during a series of meetings in the Eritrean capital, Asmara.

    “In a sovereign  country, only the government is entitled to get armed. There is no peaceful struggle while the an opposition party is carrying weapons.” Kassahun said

    The announcement came after the Chairman of OLF Dawud Ibsa told local media recently that the front did not enter into agreement with the Ethiopian government requir

  • Ethiopia to Restart Overseas Employment Services Tomorrow

    By Staff Reporter

    Ethiopian-workers-abroadOctober 9, 2018 - The government of Ethiopia will officially restart overseas employment services mainly to the Middle East as of Wednesday, October 10, 2018, the Ministry of Labor and Social Affairs of Ethiopia disclosed.

    Ethiopia lifted a ban on domestic workers moving overseas last February after passing a new law meant to avoid ill-treatment of Ethiopians in Middle East countries.

    The government instituted the ban five years ago following reports of abuse, and complaints that employment agencies lured Ethiopians into working abroad in illegal and appalling conditions.

    The new law regulates employment agencies that connect jobless Ethiopians with work in foreign countries, Assefa Yirgalem, communication affairs director at the Ministry said

    He said all the necessary prepara

  • Ethiopian Court Gives Prosecutors Ten Days in Abdi Illey Case

    By Staff Reporter

    Abdi-Illey-in-courtOctober 8, 2018 - The Federal High Court in Ethiopia gave prosecutors an additional 10 days ultimatum on Monday to conclude the investigations against the former President of the Ethiopian Somali regional state, Abdi Mohammed Omer, a.k.a Abdi Illey, and three other former senior officials of the state.

    Police accuses the state’s former president and his former ministers of criminal charges for allegedly organizing the local youth to cause death and displacement of many people in the territory.

    The defendants were accused of committing human rights violations as well as instigating ethnic and religion-based violence in which more than 50 people were reportedly killed and tens of thousands displaced.

    Police charged the suspects for allegedly causing displacement of members of non-Somali ethni

  • 140 Million USD Adama Industrial Park Inaugurated

    Adama-Industrial-ParkOctober 7, 2018 - Adama Industrial Park was inaugurated by Prime Minister Abiy Ahmed (PhD) on Sunday October 7, 2018, according to the Reporter.

    Construction of the first phase of the USD 140 million project was completed recently.

    Covering 365.5 hectares of land when fully completed, the first phase has 19 manufacturing sheds built on 102 hectares of land, according to information from the Industrial Parks Development Corporation (IPDC).

    Companies like Antex Textile and Charter Venture Apparel have already acquired manufacturing space. Others are reportedly to follow.

    CEO of Industrial Parks Development Corporation Lelise Neme said that the park is expected to bring in export revenue of 40 million dollars a year and create 25,000 jobs.

    Adama also expects another industrial parks to be built by two C

  • UK, Ethiopia Sign £176 Million Grant Agreement

    UK-Ethiopia-grant-agreementOctober 6, 2018 - Ethiopia and the United Kingdom signed two grant agreements yesterday amounting £176 million, according to FBC report.

    The agreements were signed by Admasu Nebebe, Ethiopia’s State Minister of Finance and Economic Cooperation, and Mrs. Harriet Baldwin, Minister of State for Africa.

    £110 million of the grant agreement was allocated to finance general education quality improvement programs in Ethiopia, whereas the remaining £66 million grant will support the Ethiopian investment advisory facility (EIAF) phase II project.

    The education support program is targeting disadvantaged learners, including children with disability, in pre-primary, primary, and secondary education, particularly in under-performing regions such as Somali, Afar and Benshangul Gumuz regional states<

  • Ethiopian Soldiers Insisted on Entering PM Office Armed - Chief of Staff

    By Staff Reporter

    Ethiopian-soldiers-march-PMOctober 14, 2018 - Chief of staff of the Ethiopian Defense Forces General Seaare Mekonnen today announced that members of the Ethiopian Defence forces who made undisclosed march into the Prime Minister’s office last Wednesday were disarmed after long process of persuasions and tiring efforts.

    In an interview with the state run Television, the chief of staff said the members who were well-armed including snipers had refused to disarm and rather insisted to getting into the premier’s office with their weapons.

    “Their action was unconstitutional and violated military discipline. It was against the rule of law. We were so cautious to avoid conflict as they were well-armed, they carried all types of weapons including sniper and derail and they are commandos; it took us some tim

  • Traffic from Eritrea Causing Fuel Shortages in Tigray

    Fuel-shortage-TigrayOctober 13, 2018 - The re-opening of borders between Ethiopia and Eritrea has created fuel shortages in major towns of Tigray, according to the Reporter.

    Traffic has increased significantly, according to Tigray Urban Development, Trade & Industry Bureau. On average some 1,000 vehicles are said to coming to Tigray daily, with the figure sometimes going up to 2,000, according to the report.

    Due to price differences and availability issues, drivers coming from Eritrea would like to fill up their vehicles in Tigray, causing shortages, especially in towns that do not have many gas stations.

    The vehicles mostly are automobiles, few freight vehicles as well as public buses.

    Each vehicle is estimated to need and fill up 400 liters or more per day.

    The shortage is especially acute in Mekelle, Adigrat, Axum,

  • Ethiopian Soldiers Apologize for Marching on PM Office

    Ethiopian-soldiers-apologizeOctober 12, 2018 - Members of the Ethiopian Defence forces who marched into Prime Minister's office demanding better benefits have apologized to the people and government of Ethiopia, according to FBC report.

    In a discussion held today with Motuma Mekassa, Minister of Ethiopian Defense Force, and General Seare Mekonnen, Chief of Staff of the Defense Force, the soldiers admitted that it was wrong to do it this way to express their grievances.

    The army members went to the Prime Minister’s Office with guns but were disarmed at the gates.

    Motuma said investigation will be held to identify the leaderships who failed to follow the situation closely and respond to grievances of the soldiers at the earliest.

    The army members who went to the PM office are estimated to number around 250. They were

  • Ethiopia to Reduce Number of Cabinet Ministers from 28 to 20

    Ethiopia-to-reduce-number-ministersOctober 10, 2018 - The Council of Ministers yesterday approved plan to downsize the number of cabinet ministers in Ethiopia from 28 to 20. It sent a draft law to the House of People’s Representatives on the restructuring of the executive organs.

    Based on the draft law, the new Cabinet is reduced from 28 to 20, according to Fitsum Arega, Chief of Staff at the Prime Minister’s Office.

    It also created new ones reflecting the government priority, Fitsum said on Twitter, including Ministry of Peace.

    A few of the ministeries are to merge, according to the report.

    Among the notable ones, the Ministry of Trade will merge with MInistry of Industry, and the Ministry of Science and Technology is to merge with Communications and Information Minister. Also Construction Mi

  • Members of Ethiopian Army March on PM Office Asking for Raises

    Army-meets-PMOctober 10, 2018 - In one of first in a very long while, representatives of members of the National Defense Force have reportedly marched on to Prime Minister's office located around the national palace today, October 10, 2018, to discuss salary, benefit packages, army structure and operation, and other issues.

    The unprecented step has sent shock waves through the capital, where roads leading to and passing by the Prime Minister's office remained closed the whole afternoon, until 5pm, according to the Ethiopian Reporter.

    It is also reported that the government shut down the internet following the event to prevent what they called fake news from spreading through social media.

    State TV did not show the event unfolding when it was happening, according to the reports.

    Members of the army reportedly discussed with PM Abiy

  • TPDM Rebels Return to Ethiopia

    TPDM-returns-EthiopiaOctober 10, 2018 - Rebel fighters from Tigray People’s Democratic Movement (TPDM), also known as Demhit, have returned to Ethiopia from Eritrea today, according to FBC report.

    The former rebeles are said to number More than 2,000, according to the report, commanded by Chairman of the TPDM, Mr. Mekonen Tesfay.

    The fighters were welcomed upon arrival by residents and local officials of the Zalambessa area.

    The fighters will join the society after they are given training, it was noted.

    TPDM reached an agreement with the government of Ethiopia to engage in a peaceful political activity following the meeting held on 28 August in Asmara, attended by an Ethiopian government delegation led by General Adem Mohammed, Director of the Ethiopian National Intelligence and Security Agency, and the Chairman of the TPDM,

  • Peace and Security of Nation at Risk Due to Government Slow Response - President Mulatu

    By Staff Reporter

    President-MulatuOctober 9, 2018 - Government’s slow response to the people’s political and economic demands coupled with growing injustice and undemocratic situations have put the nation’s peace and security at a cross road, Ethiopia’s President Dr. Mulatu said on Monday

    Opening the joint session of the House of People’s and Representatives and House of Federation at the national parliament, President Mulatu said the government has been solely controlling the political space, prohibiting other key actors from national matters.

    Dr. Mulatu said the government has also failed to establish independent democratic institutions and denied civic institutions to flourish and serve as eyes and ears of the public.

    The president said that the government has been reluctant to take strategic measure to

  • We Made No Specific Agreement to Disarm - OLF Leader

    OLF-leaderOctober 7, 2018 - In an interview with Walta Information Center, the chairman of the Oromo Liberation Front (OLF), Dawud Ibsa, said that the OLF does not have a spefific agreement with Ethiopian government requiring it to disarm, only that it will contribute to peace and stability in Ethiopia.

    The latest statement appears to contradict earlier reports that the organization had agreed to disband its forces and pursue peaceful struggle like other organizations operating inside Ethiopia.

    The OLF chairman further said it is not correct to request us to disarm, as if one armed side is disarming the other.

    Dawud Ibsa, the OLF chairman, also denied any involvemnet in various areas where violence and attacks occured.

    He denied any involvement in the grenade attack at Meskel Square aimed at killing the new Prime Minister of Ethiopia, Dr. Ab

  • EPRDF to Include Affiliate Organizations in Executive Committee, Council Meetings

    EPRDF-council-include-AffiliatesOctober 6, 2018 - The just concluded congress of the Ethiopian People’s Revolutionary Democratic Front (EPRDF) has decided to include affiliate organizations into the Executive Committee and Council of the EPRDF meetings as non-voting participants.

    They will participate as non-voting members, said Fekadu Tessema, Spokesperson of the 11th Congress of EPRDF.

    The affliate organizations in question are Afar, Benishangul-Gumuz, Gambela, Harar & Somali parties.

    These parties will be non-voting members of Executive Committee until a ‘study’ is concluded, according to the report from the EPRDF.

    The Congress decided to include Chairpersons of affiliate organizations in the Executive Committee of EPRDF and five Executive Committee members of each organization into the EPRDF Council, he

  • EPRDF Congress Re-elects Abiy Ahmed as Chair, Demeke Mekonnen as Deputy Chair

    By Staff reporter

    Abiy-Ahmed-Demeke-MekonnenOctober 5, 2018 - Ethiopian Prime Minister Dr. Abiy Ahmed is re-elected as Chairman of the ruling Ethiopian Peoples’ Revolutionary Democratic Front (EPRDF), winning 176 votes out of the total 177 secret ballots casted at the 11th congress of the front.

    Accordingly, Dr. Abiy Ahmed will lead the ruling party and the nation as Prime Minister until the next congress of the front.

    The ruling party has been holding it congress this week in Southern city of Hawassa. Some 2000 people are believed to have attended, 1000 of them voting members.

    The 11th congress of the EPRDF also re-elected Deputy Prime Minister Demeke Mekonnen as Deputy Chairperson of the front.

    Demeke won 149 votes for the post while the Deberetsion Gebremichael won 15 votes for the same post out of 177 tota

  • Government Failing to Enforce Rule of Law - Ethiopian Human Rights Commission

    Ethiopian-Human-Rights-CommissionOctober 4, 2018 - The Ethiopian Human Rights Commission (EHRC) has accused the government and security officials of failing to enforce the rule of law, thereby exacerbating the human rights crisis in the country in recent months,according to Ethiopian Reporter.

    The EHRC Commissioner Addisu Gebreigzabhier (PhD) disclosed this on the sidelines of EPRDF’s 11th Convention being held this week in Hawassa.

    Briefing the media on the violence in Kemashe Zone of Benshangul Gumuz Regional State and Kaffa and Sheka Zones of the Southern Regional State, the commissioner indicated that the deteriorating security situation in these areas has gone as far as hindering the Commission to properly investigate human rights abuses.

    “The Commission believes that the government should work diligently to stop this cris

  • EPRDF Congress Deliberates Amid Violence and Clashes in the Country

    EPRDF-congress-HawassaOctober 4, 2018 - The 11th Congress of the Ethiopian People’s Revolutionary Democratic Front (EPRDF) started yesterday in Hawassa, amid a series ethnic-based violence and attacks in the various parts of the country.

    The congress is led by chairpersons of the four sister parties of the Front, namely Dr Abiy Ahmed from ODP, Demeke Mekonnen from ADP, Muferiat Kamil from SEPDM and Dr Debretsion Gebremichael from TPLF.

    A total of 2000 participants, including 1,000 voting members drawn from the four member parties of EPRDF, are taking part in the Congress. Oppositions members and other notables and foreign representatives are also attending the meeting.

    The congress unanimously approved the report presented by organizing committee of the Congress this afternoon. Although much has changed on the surface, much remains t

  • Benishangul Gumuz Requests More Federal Troops as Death Toll Reaches 44

    By Staff Reporter   

    Benshangul-Gumuz-violenceOctober 2, 2018 - Armed gangsters have continued to attack innocent people in different parts of Benishangul Gumuz regional state of Ethiopia, so far killing at least 44 people and displacing tens of thousands, a senior Ethiopian official said on Tuesday.

    Government Communication Affairs Bureau Head of the regional state Zelalem Jaleta in a presser said the attacks and violence have become beyond the control of members of the national defence forces deployed by the federal government on September 26, 2018.

    The regional government calls on the federal government to deploy additional troops including members from the federal police before the attacks and violence that are happening here and there and in remote areas become out of control, he said.

    According to the local gov

  • TPLF Concludes 13th Congress with No Substantive Changes

    TPLF-concludes-meetingOctober 1, 2018 - The Tigray People’s Liberation Front (TPLF) concluded its 13th organizational congress today, held in Mekelle city.

    The congress has expanded its central committe and elected 55 members of the Central Committee, instead of the usual 45. The organization has also expanded its Executive Committe (Polit Bureau) to 11, up from 9.

    Those elected to the Executive Committe are Debretsion Gebremichael (Chair), Fetlewerk Gebregziabiher (Deputy Chair), Asmelash Woldesilassie (Abay Nebso), Alem Gebrewahid, Getachew Reda, Keriya Ebrahim, Abreham Tekeste, Getachew Asefa, Adisalem Belema, Aklilu Hailemichael, Beyene Mikru. Of these, all but the last two are old executive members.

    And the last two of the 11 members of the Executive Council, Aklilu Hailemichael and Beyene Mikru, will n

  • At Least 20 People Dead in Ethnic Violence in Benshangul Gumuz Regional State

    By Staff Reporter

    Benshangul-Gumuz-EthiopiaOctober 1, 2018 - At least 20 people have been killed and hundreds injured due in the unfolding ethnic-based attacks in different places of Benishangul Gumuz regional state of western Ethiopia, senior officials disclosed on Monday.

    Oromia Communication Affairs Burea Head Dr. Negere Lencho said the attack has been perpetrating against ethnic Oromo and Amhara nationals mainly living in Kemashi zone of the regional state where at least 70,000 affected people have left to different places mainly to neighboring Oromia regional state.

    “In the attacks carried out in Kamashi zone bordering east and west Wellega of Oromia regional state, more than 20 people were killed. The death toll could be higher as we have not obtained sufficient information on the number of people killed in rural areas of Ke


Staples Trading Ethiopia


Most Read


  • Who is Behind the Violence and Attacks in Ethiopia?

    By Guest Writer

    Violence-EthiopiaSeptember 29, 2018 – Over the last few years, ethnic based violence and attacks have hit different parts of Ethiopia one after another. The latest occurred this month in Burayu town of Oromia regional state and its environs, as well as on the outskirts of Addis Ababa, the capital.

    Ethnic and religion-motivated deadly bloodsheds have claimed the lives of hundreds of people and displaced tens of thousands of others in many parts of the country, including in Somali state, Mizan Tepi of Oromia State, Hawassa city of Southern Ethiopia state, the capital of Benishangul Gumuz state, and very recently in Burayu town and its environs.

    Ethiopia is now home to the largest number of internally displaced people in the world.

    The violence has eroded Ethiopian public trust and confidence in its current government and its ability and willingness to control the

  • Ethiopian Government Open to Dialogue on National Flag

    National-flag-EthiopiaSeptember 25, 2018 - Ethiopian national flag day will be celebrated on October 15, 2018, according to Deputy Speaker of the House of People’s Representatives (HPR), Shitaye Minale. This is the 11th time the national flag day is celebrated in Ethiopia.

    The Deputy Speaker of HPR said it will be celebrated as before but with public consultations on the national flag.

    The new national flag was introduced by the governing party, EPRDF, adopted by parliament on October 31, 1996. However, many people did not like the change from the original green, yellow and red Ethiopian flag,especially in Addis Ababa and Amhara regions. The resistance to the new flag has grown over the years to the extent that many rallies now display the old Ethiopia flag, rather than the new one.

    There is a growing momentum to revert to the original green, yellow and red flag which is the EP

  • Ethiopia Still Tampering with Internet Access - Report

    Internet-access-EthiopiaSeptember 23, 2018 - Just five months into the new government of Dr. Abiy Ahmed, the administration is back into the old habit of tampering with internet in times of crisis, according to Netizen Report.

    According to the report, "on September 17, in what appeared to be an effort to quell social unrest, mobile internet networks were shut down across the capital city. Ethio Telecom, the country’s sole, government-owned internet and phone service provider, did not offer any public statement about the shutdown."

    Dr. Abiy Ahmed came into office in April 2018 partly on promise of widening the political space and gauranteeing freedom of speech. The new government subsequently unbanned 264 blocked websites by previous EPRDF governments. It also allowed many opposition parties and poltical figures who were previously banned or forced to flea to return into the countr

  • Addis Ababa City Reclaims 4 Million Sqm of Undeveloped Land

    Addis-Ababa-reclaims-landSeptember 23, 2018 - The Addis Ababa city administration cabinet has decided to revoke lease agreements of 154 sites, totaling 4,126,423 square meters of land. The land in question have been fenced off and left unused for the past 14 years, according to FBCreport.

    The administration decided to repossess sites from various entities, including investors (456,428 sqm), government offices (127,140.93sqm), MIDROC Ethiopia (549,241sqm), embassies and agencies (250,413.89 sqm), and from federal institutions, including Defense Force and Ethio-telecom (2.7mln sqm.)

    Engineer Takele Uma, Deputy Mayor of Addis Ababa city, said the administration transferred the plots of land to developers at various times in the past.

    However, the recipients of the land failed to develop the sites and left them idle for the past several years, he added.

    In Ethiopia, land is co

  • US Must Strengthen Ties with Ethiopia, Support Reform - Tibor Nagy

    Tibor-Nagy-US-AfricaSeptember 14, 2018 - The newly appointed assistant secretary of U.S. Bureau of African Affairs, Tibor Nagy, told members of House Foreign Affairs subcommittee in Washington that Ethiopia has made historic changes, and the US should support and strengthen ties to support an otherwise fragile reform.

    “Prime Minister Abiy Ahmed has initiated groundbreaking reforms across most every area of Ethiopian society,” Nagy said. “He deserves tremendous credit for his boldness in tackling issues previous governments have not addressed.”

    Representative Chris Smith, chairman of the Africa, Global Health, Global Human Rights and International Organizations Subcommittee, acknowledged Abiy’s accomplishments, including releasing thousands of political prisoners, lifting a state of emergency and securing peace with neighbor Eritrea.

    Although they celebrated the

  • Ethiopian Religious Leaders Call for Tolerance

    Ethiopian-New-Year-2011September 10, 2018 - In a new year greetings, Ethiopian religious leaders called on fellow Ethiopians for tolerance and to live up to their history of living together in harmony, and avoid any acts of hatred and evil deeds in the New Year.

    The religious leaders extended their best wishes to all Ethiopians in the coming New Year. Ethiopia’s new year 2011 starts on tomorrow, Tuesday.

    Abune Mathias, Patriarch of Ethiopian Orthodox Tewahdo Church, said “new year celebration creates a positive attitude towards transformation and new goals in the new year,” according to FBC report.

    Deputy President of the Ethiopian Islamic Affairs Supreme Council, Mufti Hajji Omar Idris, on his part urged Ethiopian Muslims to reinforce their support to the ongoing reform.

    Ethiopia’s Catholic Cardinal Berhaneyesus Demerew Souraphiel urged the youth to sta

  • Ethiopia to Build Four New Industry Parks

    Ethiopia-4-industry-parksSeptember 4, 2018 - Ethiopia announced plans to build four industrial parks by the end of the year, according to Ethiopian Investment Commission.

    Belachew Mekuria, the commissioner of the Ethiopia Investment Commission, said the government expects to start building parks at Jimma, Adama, Arerti, and Dire Dawa, reports Xinhua, China’s state news agency.

    According to the report, parks in Jimma and Arerti are expected to be built by China Communications Construction Company (CCCC), and Dire Dawa and Adama Industrial Parks by China Civil Engineering Construction Corporation (CCECC).

    According to the plan, Arerti Industrial Park will produce building materials, whereas Adama is expected to turn woollen fleeces into textiles.

    Ethiopia hopes to transform its mainly agricultural-based economy into indstrial one. Building industrial parks

  • Ethiopian Airlines Acquires 49 Percent of Chad National Carrier

    By Staff Reporter

    Chad-Carrier-EthiopianAugust 24, 2018 - Ethiopian Airlines has signed a joint venture agreements with the government of Chad to launch Chad National Carrier with Ethiopian having 49 percent stake in the business and the Government of Chad retaining 51 percent.

    The new Chad National Carrier is set to go into operation on October 1, 2018.

    “The strategic equity partnership in the launching of the new Chad national carrier is part of our Vision 2025 multiple hub strategy in Africa, Tewolde Gebremariam, Group CEO of Ethiopian Airlines," said on Friday in a statement.

    “The new Chad national carrier will serve as a strong hub in Central Africa availing domestic, regional and eventually international air connectivity to the major destinations in the Middle East, Europe and Asia.” Tewolde added

    Through its multiple hubs strategy in Afric