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Ethiopia eyes foreign companies in housing development

Ethiopia is getting ready to let foreign companies engaged in the construction sector particularly in the housing development program, the Country’s Minister of Urban Development and Housing Construction Mekuria Haile said on Thursday.”The tender has already been issued for the construction of the housing project, particularly, the 40/60 housing program,” …

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Ethiopia to Open an Embassy in Morocco

The announcement was made by Ethiopian Foreign Minister, Tedros Adhanom, who said that this steps aims to “strengthen bilateral relations and strengthen the partnership” between Morocco and Ethiopia. He recalled that the two countries have signed several agreements in the fields of agriculture, education, health and services as well as …

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Haile Gebrselassie retires after Great Manchester Run

Haile Gebrselassie has announced his retirement from competitive running. The 42-year-old Ethiopian confirmed his decision after finishing 16th in the Great Manchester Run on Sunday. It brings to an end a 25-year career in which he claimed two Olympic gold medals, eight World Championship victories and set 27 world records. …

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Ziraat Bank to open branch in Ethiopia: Turkey

Turkish state lender poised to open first foreign-owned bank branch in African state ISTANBUL One of Turkey’s largest state-owned banks, Ziraat Bank, has proposed opening the first foreign-owned bank branch in Ethiopia, the Turkish Economy Minister has said. Nihat Zeybekci said at the Turkey- Ethiopia Business Forum in Ankara on …

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Ethiopia Among Worst in Traffic Safety

Addis Ababa, Ethiopia – Ethiopians have a saying which, when roughly translated means ‘you know only you are leaving but no one knows your return.’ This is what many say and the country’s current traffic accidents that are becoming more destructive and horrifying as time goes on, give it unwelcome …

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