The country’s coffee export revenue has seen substantial growth, jumping from US$700 million in 2018 to US$1.4 billion in 2023 ANALYSIS | AGENCIES | Ethiopian Prime Minister, Abiy Ahmed has announced an impressive achievement of doubling Ethiopia’s annual coffee production from 500,000 tons to over 1 million tons within the last …
Read More »Egypt-Ethiopia hostilities play out in the Horn
ANALYSIS | Endalcachew Bayeh, a political scholar, lecturer, and researcher at Bahir Dar University with a focus on the Horn of Africa, sets out the risks of new proxy wars and the path to de-escalation since Egypt recently deepened its involvement in the war-weary Horn of Africa by arming Somalia and …
Read More »New war looms over Nile water
AU position unclear as Egypt courts Somalia against Ethiopia COVER STORY | AGENCIES | The change in the African Union (AU) peacekeeping mission in Somalia at the end of 2024 is a potential trigger that could transform the rising political tensions into an armed conflict between Egypt and Somalia against Ethiopia. …
Read More »Over 122,000 people enter Ethiopia from conflict-hit Sudan: UN
ADDIS ABABA | Xinhua | The number of people arriving in Ethiopia due to the conflict in Sudan has surpassed 122,000, the UN Office for the Coordination of Humanitarian Affairs (UNOCHA) has disclosed. The UNOCHA, in its latest Ethiopia humanitarian situation update issued Friday, said about 122,500 returnees, refugees and …
Read More »Ethiopia to import millions of EVs in 10 years to promote electric mobility
ADDIS ABABA | Xinhua | The Ethiopian government has disclosed its plan to introduce nearly half a million electric vehicles (EVs) in 10 years as part of an ongoing transition to electric mobility. The Ethiopian government initially worked to import about 148,000 electric automobiles and 48,555 electric buses as part …
Read More »Economic reforms propel Ethiopia to world’s third fastest growing nation brand status
Opening doors for private investors has spurred a rise in investments in Ethiopia’s key sectors, allowing the country to maintain higher economic growth rates than its African and global peers and elevating its global reputation. SPECIAL REPORT | BIRD AGENCY | Ongoing economic reforms that are also seeing Ethiopia opening …
Read More »EU deforestation law means uncertainty for African coffee
Ethiopia and Uganda already developing strategies to meet the EU’s new requirements ANALYSIS | AGENCIES | Many African smallholder coffee farmers, who primarily sell their harvest to European markets, now find their main source of income in jeopardy. In 2023, the European Union (EU) established mandatory rules for companies dealing in …
Read More »AfDB resolves stand-off with Ethiopia
The multilateral lender has resumed normal operations Kampala, Uganda | RONALD MUSOKE | On Jan.20, the African Development Bank Group (AfDB) said it had successfully resolved the 80-day stand-off with the Ethiopian Government, marking the end of a challenging period resulting from a “serious diplomatic incident.” The Ethiopian security authorities on …
Read More »UN report: Over 3.45 mln people displaced in Ethiopia
ADDIS ABABA, ETHIOPIA | Xinhua | More than 3.45 million people are displaced in Ethiopia, with more than half of them displaced due to conflict, according to a new report of the International Organization for Migration (IOM), a UN agency. The IOM, through its latest Ethiopia National Displacement Report released …
Read More »Kenya doubles electricity imports from neighboring countries amid increased demand
NAIROBI, KENYA | Xinhua | Kenya has more than doubled its power imports from neighboring countries amid increased demand, the national bureau said in a new economic report released on Friday. The Kenya National Bureau of Statistics (KNBS) said the country imported 706.9 million kWh of electricity from Ethiopia and …
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