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The Grand Ethiopia Renaissance Dam (GERD), the largest hydropower project in Africa…
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Ethio Telecom &
Addis Ababa, October 13/2025(ABN) Ethio telecom’s CEO, Frehiwot Tamru, and Mr. Andy Meng, Vice President of Global Business at TINNO, met with senior leadership teams from both organizations to discuss a high-level strategic partnership aimed at expanding affordable smart device access across Ethiopia and the African continent. The discussions focused on joint initiatives, including the introduction of cost-effective devices through an Original Design Manufacturer (ODM) model and the potential establishment of a local smart device manufacturing facility. This strategic move is expected to enhance device availability, affordability, and strengthen the continent’s broader digital ecosystem. During the meeting, CEO Frehiwot Tamru […]Read more...
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Ethiopia Upholds GERD’s
Addis Ababa , October 04/2025 (ABN) Ethiopia has officially dismissed the lawsuit filed in Sudan, which claimed that the Grand Ethiopian Renaissance Dam (GERD) posed a flood risk. According to the Ministry of Water and Energy, the claims made by Egyptian institutions regarding the dam and the Nile River are entirely unfounded and based on falsehoods. The Ministry highlighted that the explanations provided by Egypt were filled with inaccuracies, misrepresentations, and biased interpretations. Ethiopia and its institutions have consistently maintained transparency throughout the process, providing accurate historical and current river flow data prior to the construction of the GERD. According […]Read more...
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White House; Budget
Addis Ababa, May 5/2025 (ABN) The Office of Management and Budget (OMB) sent President Trump’s topline discretionary Budget request for fiscal year 2026 to the U.S. Congress. The Budget, which reduces non-defense discretionary by $163 billion or 23 percent from the 2025 enacted level, guts a weaponized deep state while providing historic increases for defense and border security. The Budget also provides support for air and rail safety as well as key infrastructure and our Nation’s veterans and law enforcement. This is the lowest non-defense spending level since 2017. Savings come from eliminating radical diversity, equity, and inclusion (DEI) and critical race theory programs, Green New Scam […]Read more...
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World Bank: Pivot
Addis Ababa, April 24/2025 (ABN) In an era of shifting global priorities and mounting development challenges, the World Bank must reclaim its foundational mission. Like the International Monetary Fund (IMF), the World Bank is at a crossroads. Its core mandate to foster economic growth, reduce poverty, and empower private investment must not be diluted by buzzwords or half-measures. The World Bank Group plays a crucial role in helping developing countries strengthen their economies, create jobs through the private sector, and reduce dependency on foreign aid. It provides affordable, long-term, and transparent financing aligned with nations’ development priorities. Together with the […]Read more...
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INVEST ETHIOPIA 2025:
Addis Ababa, Ethiopia ,March 17, 2025 (ABN) Preparations are well underway for the much-anticipated INVEST ETHIOPIA 2025 High-Level Business Forum, scheduled to take place on May 12-13, 2025, at the Ethiopian Skylight Hotel in Addis Ababa, Ethiopia. Co-organized by key government institutions, the private sector, and development partners, the event is expected to attract more than 1,000 participants from around the world. The forum is set to be a landmark occasion, focusing on fostering a dynamic investment environment and facilitating crucial dialogue on Ethiopia’s evolving economic landscape. H.E. Semereta Sewasew, the State Minister of Finance, highlighted the importance of the […]Read more...
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