Africa’s Economic Downturn Affects Continent’s Progress in Implementing SDGs

Addis Ababa March 3/2021 (ENA) Africa has been faced challenges in security and illicit financial flows in addition to the pandemic which negatively impacted on the continent’s efforts to achieve the goals of the 2030 and 2063 Agendas, according to UNECA. According to the statement from United Nations Economic Commission for Africa (UNECA), before the […]

Macro-economic Adjustments Resulting Positive Impacts: Ministry of Finance

March 1/2021(ENA) Ministry of Finance announced that the performing adjustments on macro-economic imbalance, which stalled the nation from generating sufficient finance to pay off its accumulated debt, has been bringing positive outcomes. Despite the rigorous adjustments on macro-economic imbalance, the latest evidence indicated that country has suffered from high inflationary experience and high cost of lives, it was […]

Construction Key Lever in Infrastructure Dev’t, Crucial in Economy: ECA

Addis Ababa February 24/2021 (ENA) Construction is a key lever in infrastructure development and plays a crucial role in an economy, providing essential structures including public and private infrastructure, and housing, as was the case in Ethiopia, Angola, and Tanzania among the top countries where construction contributed significantly to GDP in 2019, Director of Macroeconomics and […]

Ethiopian Private Businesses Participating in Dubai Gulffood 2021 Trade Fair

Addis Ababa February 23/2021 (ENA) An Ethiopian delegation led by Trade and Industry State Minister Misganu Arga is taking part in a five-day Dubai Gulffood 2021 Trade Fair, according to Ministry of Foreign Affairs. At the annual trade fair held for the 26th time this year, 79 private businesses are showcasing their agricultural and processed […]

PM Lauds Actors for Showcasing Attributes of Dine for Ethiopia Projects

Addis Ababa, Prime Minister Abiy Ahmed has appreciated those involved in showcasing the attributes of the Koysha, Wenchi and Gorgora sites in an exhibition.   It is to be recalled that ‘Dine for Ethiopia’ initiative was launched last year August with a view to mobilize funds for the construction of these natural tourist attraction projects […]

Department Press Briefing – February 19, 2021

MR PRICE: Good afternoon, everyone. We have a couple items at the top. I wanted to start with recent events in Burma.   We are saddened to see media reports that a protester shot by police in Nay Pyi Taw on February 9th has died, marking the first reported death as a result of security […]

Ethio-India Business Forum Discusses on Potentials of Investment, Doing Business in Ethiopia

Addis Ababa February 10/2021 (ENA)  Ethiopia and India business forum that focused on potentials of investment and doing business in Ethiopia held in New Delhi. According to Ethiopian Embassy in New Delhi, the embassy in collaboration with the Diplomatist, a magazine production company, organized the business forum under the theme: “Ethiopia and India: Building stronger […]