Ethiopian News

Maitre Artiste Afewerk Tekle dies at 80

Ethiopian — Thu, 12 Apr 2012 00:17:59 +0000

Addis Ababa, April 11, 2012 (ENA) – Ethiopian renowned painter, the Most Honorable Maitre Artiste World Laureate Afewerk Tekle has died in Addis Ababa on Tuesday at the age of 80. The late Afewerk died while he was being treated in a hospital here in the capital Addis Ababa due to a severe illness. The [...]

Ethiopian UN Security Official On Trial for Terrorism

Ethiopian — Tue, 10 Apr 2012 03:47:26 +0000

Peter Heinlein, (VOA) | Addis Ababa An Ethiopian national working for the United Nations in the restive Ogaden region is being tried on terrorism charges for allegedly having links with an outlawed rebel group. The defendant was arrested last year after helping to negotiate the release of two kidnapped U.N. aid workers. U.N. security officer [...]

SES holding talks with Ethio Telecom

Ethiopian — Sat, 07 Apr 2012 16:42:56 +0000

World leading satellite company holding talks with Ethio Telecom – Reporter SES, world’s leading Luxemburg-based satellite company with a fleet of 50 satellites, is holding talks with Ethio Telecom to provide satellite services to backup the latter’s telecommunication infrastructure, which, to date, failed to satisfy customers. The satellite operator is set to invest over one [...]

Ethiopia seals double taxation avoidance deal with India

Ethiopian — Fri, 06 Apr 2012 17:05:33 +0000

Addis Ababa – (First Post) Ethiopia has signed double taxation avoidance pacts with four countries, including its growing trading partners India and China. The agreements, also with Sudan and Egypt, were together tabled in the House of Peoples’ Representatives for approval on thursday. The Double Taxation Agreements (DTAs) are expected to come into force once they [...]

Saudi Billionaire to Invest $600 Million in Ethiopia Cooking Oil

Ethiopian — Fri, 06 Apr 2012 16:57:42 +0000

By William Davison, Business week - An Ethiopian company majority-owned by Saudi billionaire Mohammed al-Amoudi plans to invest $600 million over two years to produce edible oil, its general manager said. Horizon Plantations Ethiopia leased a 20,000-hectare (49,400-acre) plot in the northwestern Benishangul-Gumuz region last month to grow groundnuts, as part of a government drive to boost [...]

Chinese to Help Map Mining Potential of Ethiopia

Ethiopian — Mon, 02 Apr 2012 23:20:50 +0000

Chongqing State, China to provide $10m to ease exploration burden of firms Addis Ababa, (Forutnue) The Ethiopian Ministry of Mines (MoM), in collaboration with the Mines Bureau of Chongqing State, China, is to prepare various maps for mining investment covering 120sqkm of land in southern and south-western Ethiopia. This collaboration was born out of a [...]

Generous Gates in town

Ethiopian — Sun, 01 Apr 2012 09:14:53 +0000

Reporter Founder and manager of the Bill and Melinda Gates Foundation, William Gates III, said Ethiopia is one of the major beneficiaries of his foundation, which prompt him to open the Foundation’s Country Office three weeks ago in Addis Ababa. On his first visit to Ethiopia, Gates noted that his foundation support in Ethiopia has [...]

Ethiopian Jews – Video

Ethiopian — Fri, 30 Mar 2012 23:52:41 +0000

Ethiopia sells off seven state firms, to offer more

Ethiopian — Thu, 29 Mar 2012 18:18:21 +0000

* Eyes privatisation of another 40 firms * Rules out airlines, telecoms and banks By Aaron Maasho (Reuters) Ethiopia has accepted bids worth 2.1 billion birr ($121 million) for seven state-owned firms, part of a plan to privatise dozens of corporations in the next three years, it said on Thursday. The Horn of Africa nation, whose [...]

Discovery of 3.4-million-year-old partial foot in Ethiopia : Video

Ethiopian — Thu, 29 Mar 2012 06:32:41 +0000

An international team of Ethiopian and American scientists conducting paleontological field research in the Woranso-Mille area of the Afar region of Ethiopia has announced the discovery of a 3.4 million-year-old partial foot. The new specimen did not belong to a member of “Lucy’s” species, Australopithecus afarensis, the famous and most-researched early human ancestor. The partial [...]