Category: Economy
French energy giant TotalEnergies is exiting the Ethiopian market after agreeing to sell its downstream assets to Libya’s OLA Energy Holdings Ltd., according to the Tripoli-based Government of National Unity, confirming reports that had emerged in recent days. The signing…
Following a series of attacks in which twenty people were killed, many investors and farmers are leaving Benishangul-Gumuz, abandoning their commercial farms, according to reports. The region’s industry and investment bureau announced that it had been informed of the departure…
Ethiopian Airlines is set to resume service to the Tigray region, suspended due to the conflict. CEO of Ethiopian Airlines Mesfin Tassew told local media that the airline has completed all preparations to resume scheduled service after the government and…
Food prices dropped significantly in the Tigray region following the announcement of a peace deal struck between the federal government and the Tigray People’s Liberation Front (TPLF) last week. The price level of grain and other commodities have started to…
Ethiopia has given the green light to carry out observation field trials for genetically modified potatoes that are said to be resistant to blight, a move seen as a further sign of the country’s growing embrace of the controversial genetic…
Gaibo had been suffering from malnutrition for over a month before he arrived at a clinic which treats children in the town of Karat in Konso woreda in the SNNPR region on 01 August 2022. He was five months old,…
16 private and state banks have reopened their branches in Tigray on Saturday, offering a financial lifeline to cash-starved residents and businesses 12-day after a conflict between Ethiopia’s government and forces in the country’s Tigray region started. Tigray Regional state…
ባየር ራውንድአፕ የተባለው የጸረ ተባይ መድኃኒት ምርቱ ካንሰር ሊያሲዝ የሚችል ነው በሚል በቀረቡበት ክሶች ሳቢያ፣ እስከ 10.9 ቢልዮን ዶላር የመክፈል ግዴታ እንደተጣለበት የእንግሊዙ ፋይናንሻል ታይምስ ጋዜጣ ዘገበ።ክሶቹ በኩባንያው ላይ መመስረት የጀመሩት ሞንሳንቶ የተባለውን የእርሻ ኬሚካል አምራች ድርጅት ገዝቶ የራሱ አካል…
‹‹የህዳሴ ግድቡ ግንባታ በወቅቱ ቦርድ ሰብሳቢ በነበሩት ዶክተር ደብረፂዮን ገብረሚካኤል አድራጊ ፈጣሪነት በፍጥነት ተዳክሞ ለከፍተኛ ኪሳራ ተዳርጓል›› ሲሉ የቀድሞው የውሃና ኢነርጂ ሚኒስትርና፤ በሩሲያ የኢትዮጵያ ልዩ መልዕክተኛና ባለ ሙሉ ስልጣን አምባሳደር አለማየሁ ተገኑ አስታወቁ፡፡አምባሳደር አለማየሁ ተገኑ በተለይ ከአዲስ ዘመን ጋዜጣ ጋር…
Following public outcry, the government clarifies its stance on GMOs. Experts say the intention is to distract public attention. The Ethiopian government has denied approving the commercial cultivation of genetically modified organisms (GMOs) other than two Bt cotton varieties. An…