Ethiopia’s FM Stresses Need for Global South to Deepen Cooperation for Shared Security, Prosperity

Addis Ababa, April 30, 2025 (ENA) -- Ethiopia’s Foreign Affairs Minister, Gedion Timothewos underscored the need for countries of the Global South to deepen cooperation for shared security and prosperity highlighting the unprecedented political crisis …

Erta Ale volcano (Danakil depression, Ethiopia): lava returned to northern pit crater, elevated activity continues

Wed, 30 Apr 2025, 03:48 | BY: MARTIN Lava overflows on the summit vent (image: Enku Mulugeta) Intense spattering from the lava pond (image: Enku Mulugeta) A new lava effusion phase commenced at the volcano and is still continuing constantly since 2 April. …

BGI Ethiopia Wins Legal Battle as Ownership Claim Falls to Time

In her suit, filed in May 2024, Zewdinesh demanded reinstatement of her shares, valued at roughly 8.28 million Br, and compensation for unpaid dividends and damages. She named not only BGI but also Castel Group’s affiliate, Brasseries International Holding …

Ethiopia’s Finance Minister Engages in Productive Bilateral Talks with Officials from US State Department

​​​​​​Addis Ababa, April 29, 2025 (ENA)—The Finance Minister of Ethiopia Ahmed Shide and the Ethiopian Ambassador to the United States, Binalef Andualem, held productive bilateral discussions with officials from the US State Department today. On the …

Potential Lessons Ethiopia Can...

The Department of Government Efficiency (#DOGE), is a proposed initiative in the United States championed by figures like Elon Musk and Vivek Ramaswamy, aims to drastically reduce government waste and enhance the efficiency of public spending. DOGE’s …

Boeing expands presence in Africa with office in Ethiopia

Boeing has strengthened its presence in Africa with the opening of a new office in Addis Ababa to serve as the company’s administrative hub in the region. Kuljit Ghata-Aura, president of Boeing Middle East, Türkiye, Africa, and Central Asia, said: “Boeing’ …

Why Ethio Telecom’s IPO Fell Short – A Deeper Look into Ethiopia’s Telecom Liberalization

Ethiopia’s Ethio Telecom IPO has attracted considerable attention, but its performance has been disappointing. It raised only $24.5 million against an estimated $240 million. The underperformance raises pertinent questions about the difficulties of …

Ethiopia Strategic Market for Africa’s Growth

Bitcoin miner Phoenix Group adds 52 MW of mining capacity in Ethiopia

Bitcoin mining firm Phoenix Group announced the addition of 52 megawatts (MW) worth of mining capacity to its capabilities in Ethiopia. According to an April 29 announcement, with this latest addition, Phoenix’s Bitcoin mining capacity in Ethiopia reaches …

Wang Yi: China welcomes Ethiopia's greater role on international stage

China welcomes Ethiopia playing a greater role on the international and regional stage and contributing more to the development and revitalization of the African continent, Chinese Foreign Minister Wang Yi said on Monday. Wang, also a member of the …