Latest Articles

Nation Plans to Build Expressways in Major Congested Areas

Addis Ababa March 10/2015 Ethiopia plans to build expressways into the major congested areas of the country in order to solve the traffic overcrowding, the Ethiopian Roads Authority said. This was disclosed at the experience sharing workshop on Expressway Development and Management held here today between Ethiopian Roads Authority (ERA) …

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Ethiopia Beats Coffee Export Target with Higher Than Planned

The half fiscal year of 2014/15 saw a success in terms of achievement in the export of coffee although it leaves uncertainty in the future of the coffee market. The country’s plan for the first six months of the budget year was to export 73,593.5tn of coffee and gain an …

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Number of Dollar millionaires in Ethiopia on the rise

At first glance, Ethiopia would seem like a tough place for business owners to make it big. The strength of the state stands in contrast to the fledgling private sector, where foreign competition is barred in key industries and big sectors are entrusted to state-owned companies. But a curious statistic …

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First seven star hotel in Addis Ababa

Addis Ababa is to get another world class hospitality image before the end of the year when the AU Grand Hotel managed by Westin Hotels and Resorts inaugurates its seven star hotel in the African Union (AU) compound. The multibillion birr investment owned by the billionaire Sheik Mohamed Hussein al …

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