economy

economy

Gerd Highlights Ethiopia's Resource Development Potential

Gerd Highlights Ethiopia’s Resource Development Potential

Africa-Press - Ethiopia. The people in different parts of the Amhara region staged public rallies to express their joy and excitement over the inauguration...
RemitHope Aims to Raise US$100,000 for African Groups

RemitHope Aims to Raise US$100,000 for African Groups

Africa-Press - Ethiopia. RemitHope, a pioneering fintech social enterprise – founded by global philanthropist and social entrepreneur Tsitsi Masiyiwa – has launched a bold...
Ethiopia's Transition from Fossil Fuels to Clean Energy

Ethiopia’s Transition from Fossil Fuels to Clean Energy

Africa-Press - Ethiopia. Ethiopia is paving the way for clean energy by implementing the Green Legacy Initiative and building the largest dam (GERD), African...
Ethiopia Exempts Import Duties on Motor Boats

Ethiopia Exempts Import Duties on Motor Boats

Africa-Press - Ethiopia. The government of Ethiopia issued a directive allowing businesses to import various types of motor-powered boats for one year, free of...
Hydropower Projects Essential for Regional Energy Security

Hydropower Projects Essential for Regional Energy Security

Africa-Press - Ethiopia. The Grand Ethiopian Renaissance Dam (GERD) and other hydropower projects in Ethiopia are vital for addressing the energy shortage in Eastern...
Ethiopia Coffee Sector Generates 2.7 Billion USD

Ethiopia Coffee Sector Generates 2.7 Billion USD

Africa-Press - Ethiopia. Ethiopia’s coffee industry has undergone a remarkable transformation, evolving from a modest export sector into a major economic powerhouse, the Ministry...
Ethiopia's Economic Foundation Strengthened in Seven Years

Ethiopia’s Economic Foundation Strengthened in Seven Years

Africa-Press - Ethiopia. Finance Minister Ahmed Shide hailed Ethiopia’s successful reforms and resilience over the past seven years, stressing that the nation has built...
CARICOM Secretary-General Emphasizes Shared Challenges

CARICOM Secretary-General Emphasizes Shared Challenges

Africa-Press - Ethiopia. The Secretary-General of the Caribbean Community (CARICOM), Carla Barnett, underscored that the shared challenges faced by the Caribbean and Africa foster...
Adem Farah Highlights Ethiopia's Health Progress

Adem Farah Highlights Ethiopia’s Health Progress

Africa-Press - Ethiopia. Vice President of Ethiopia’s ruling Prosperity Party and Head of the Democratic System Building Center with the rank of Deputy Prime...
Afreximbank's Gross Income Climbs to 1.6 Billion USD

Afreximbank’s Gross Income Climbs to 1.6 Billion USD

Africa-Press - Ethiopia. The African Export-Import Bank Group (Afreximbank) has released its consolidated financial statements for the first half of 2025, revealing a period...