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Ethiopia: an open door and a home for refugees

According to the UNHCR’s annual Global Trends Report, the number of refugees, asylum-seekers and internally displaced people worldwide has, for the first time in the post-World War II era, exceeded 50 million people. This is an increase of 6 million over the previous year – and the figures are moving …

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Ethiopia’s India connect grows: A Dreamliner named Taj Mahal

In what is being seen as a recognition of the heavy traffic generated on its routes to the Indian subcontinent, the flagship carrier of the East African nation of Ethiopia has named its newest Boeing 787 Dreamliner after India’s most famous monument. The Ethiopian Airlines (ET) has named its eighth …

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World Bank Urges Ethiopia to Devalue Birr to Boost Exports

Ethiopia’s birr is overvalued and the country would benefit from a devaluation to boost export revenue and accelerate economic growth, the World Bank said. Reducing the currency’s value by 10 percent in real terms may lead to a 5 percent increase in stalled export earnings and a 2 percent increase …

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Bill Gates receives Honorary Degree from Ethiopia

University on Thursday conferred Microsoft founder, Bill Gates with an honorary degree in recognition for his role to humanity. “It is a special honour to receive an honorary degree from Addis Ababa University,” Gates said, after receiving the degree from the university. This is one of the leading institutions of …

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