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Category: Politics

IGAD Alarmed by Escalating Tensions in South Sudan

Addis Ababa: The Intergovernmental Authority on Development (IGAD) expresses alarm over reports of the house arrest of Riek Machar Teny, First Vice President of South Sudan, and the escalating political tensions in South Sudan.

According to Ethiopia…

PM Abiy’s Statement Dispels Concerns Over Regional Tensions

Addis Ababa: Prime Minister Abiy Ahmed’s recent remarks regarding Ethiopia’s aim to secure access to a seaport have been highlighted by American Political-Economic analyst Lawrence Freeman as a definitive end to the war mongering propaganda about anne…

Ethiopia Supplies 265 Megawatts of Electricity to Kenya Daily

Addis Ababa: Ethiopia Electric Power (EEP) has announced that it is currently supplying 265 megawatts (MW) of electricity daily to Kenya, in accordance with the power purchase agreement signed between the two nations. EEP highlighted the crucial role …

Ethiopia Emerges as Prime Destination for FDI

Addis Ababa: Ethiopia has emerged as a prime destination for foreign direct investment (FDI) with the introduction of Industrial Parks since 2008 and adoption of the Special Economic Zones (SEZ), according to Ethiopian Investment Commission. The intro…