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World Bank commits USD 4.7 bln to Ethiopia

Says devaluation produced insignificant upswing in prices Aligning its development intervention with that of the Government of Ethiopia, the World Bank Group (WBG) has unveiled a USD 4.7 billion financing for Ethiopia’s economic development programs for the coming four years, on Thursday.

Health oriented channel to come to the small screen

The Ethiopian TV industry is expanding, as a new TV station is entering the market focused on public health. Afri Health Television, a Dubai-based station inaugurated its Ethiopian hub in the capital on November 16 at Sheraton Addis in the presence of government officials, the diplomatic core and health professionals.

Nano: technology of the future

Nanotechnology, mostly referred to as nanotech, is a new concept at the realm of science which has not yet gotten a definition that is agreeable to all scientists working in the area.

Djibouti, China ink deal for mega project

China's POLY-GCL Petroleum Group Holdings Ltd on Thursday signed a memorandum of understanding (MoU) to invest USD four billion in a natural gas project in the tiny Horn of African nation of Djibouti.