Ethiopia’s economy predicted to grow at 6.6% despite challenges

Ethiopia’s economy predicted to grow at 6.6% despite challenges

The National Macroeconomic Council, which is led by Prime Minister Abiy Ahmed (PhD), said Tuesday that Ethiopia’s economy will grow at a rate of 6.6% in this Ethiopian fiscal year despite the challenges the economy has been facing. Members of the Council has discussed on the nine months macroeconomic performance of the country on Tuesday….

U. S. Ambassador Geeta Pasi Visits Hawassa, discuss AGOA issues

U. S. Ambassador Geeta Pasi Visits Hawassa, discuss AGOA issues

Geeta Pasi, Ambassador of the United States to Ethiopia has visited Hawassa. During her daylong visit, the Ambassador met with business leaders, workers, academics, and journalists to discuss about U.S. government programs to hear from them about their experiences in their respective fields. The Ambassador visited the Hawassa Industrial Park (HIP), the first sustainable textile and apparel industrial park…

President Recep Tayyip Erdoğan to visit Ethiopia

President Recep Tayyip Erdoğan to visit Ethiopia

His Excellency Recep Tayyip Erdoğan, the President of the Republic of Turkey said he is delighted to visit Ethiopia this month announcing his acceptance of the invitation of Prime Minister Abiy Ahmed (PhD). The President’s announcement came with a congratulatory message to PM Abiy Ahmed upon his election as the Prime Minister of Ethiopia for…

China praises mutual understanding, support in ties with Ethiopia

China praises mutual understanding, support in ties with Ethiopia

With mutual understanding and support on major international issues, Ethiopia and China have been working closely at global and regional levels, said a statement from the Embassy of People’s Republic of China in Ethiopia. “China speaks highly of the above cooperation. China will adhere to its consistent position and oppose external forces interfering in Ethiopia’s…

Ethiopia: workers face possibilities of losing jobs as expulsion from AGOA looms large

Ethiopia: workers face possibilities of losing jobs as expulsion from AGOA looms large

Ethiopia’s access to trade benefits under the African Growth and Opportunity Act (AGOA) is at stake as the United States threatens to review the eligibility of the country if the ongoing conflict in northern Ethiopia remains unaddressed.  Mixed opinions are circulating and if Ethiopia’s removed from the preferential trade agreement. Many industrial workers will more…

Thousands to be deprived of livelihoods if Ethiopia disqualified from AGOA

Thousands to be deprived of livelihoods if Ethiopia disqualified from AGOA

More than 85 thousand factory workers are poised to be at risk of losing their jobs if the United States disqualified Ethiopia from the African Growth and Opportunity Act (AGOA), a trade opportunity for Sub-Saharan countries, according to Sandokan Debebe, CEO of the Industrial Parks Development Corporation (IPDC). “Though there’s no official statement disclosed on…

House approves ministerial cabinet posts

House approves ministerial cabinet posts

The House of Peoples’ Representatives has approved the nomination of 22 ministerial cabinets who have appointed by Prime Minister Abiy Ahmed (PhD) on Wednesday. List of 22 ministries presented in the draft proclamation deciding the powers and functions of the executive branch of the federal government including the newly appointed ministers are: Demeke Mekonnen —…