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Ethiopia: Cooperative Bank of Oromia Shows Remarkable Increase in Profits

The Cooperative Bank of Oromia has shown a considerable expansion in its assets, registering 6.54 Billion Br - an increase of 82pc during the year that ended on June 30, 2013.

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Chinese shoemaker ups investment to create job opportunities in Ethiopia

Chinese footwear maker Huajian Group plans to make Ethiopia the hub for the global footwear industry and create more than 100,000 jobs locally in the next 10 years.

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Gilgel Gibe III power project to commence operation in September

Addis Ababa December 16/2013 The Gilgel Gibe III hydro-power project will commence operation at the beginning of the coming Ethiopian New Year, the Ministry of Water, Irrigation and Energy said.

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Eritrea: Time to Bring Eritrea in From the Cold

After being part of Ethiopia for forty years, the people of Eritrea held a referendum in April 1993 and decided to establish an independent state.

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Sustainable land management project receives 2 bln br financing

The Ethiopian government has received nearly two billion birr to implement the second phase of a project designed to decrease land degradation and improve its productivity.

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Turkish Journalist Reportedly Kidnapped In Syria, Newspaper Says

It says Aygun crossed into Syria on Nov. 26 and that he called the paper sometime later to say that he planned to meet with the commander of an opposition group.

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Europeans say licensing inconsistent, unfair

The European business community in Ethiopia has asked the government to treat domestic and foreign investors the same when they attempt to register their business.

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Saudi expulsions leave broken dreams in Africa and Asia

More than a million people from across the world - managers, maids, accountants and laborers - have left Saudi Arabia since March, after years or even decades working in the Gulf Arab state, which...

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The Dubai Chamber of Commerce and Industry's International Representative Office in the Ethiopian capital Addis Ababa recently organised a roundtable discussion on strengthening economic cooperation...

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Ethiopia brings home 140 000 migrants from Saudi

Zimbabwean President Robert Mugabe says there is nothing wrong with men having many wives as long as it is done "openly", a report says.

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Ethiopia: Governing By Crisis - A Labor Migration Gone Terribly Wrong

The abuse of Ethiopian migrant workers in Saudi Arabia is not an overnight happening; it took decades and involved Saudi Arabia, Ethiopia and the world at large.

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Ethiopia, IITA partner up to save ancient false banana - Wednesday, 18...

The Ethiopian Institute of Agricultural Research and the International Institute of Tropical Agriculture launched a new project to improve enset by developing varieties with resistance to the deadly...

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Ambassador Woinshet Tadesse Presents her Credential - Wednesday, 18 December...

Addis Ababa, 18 December 2013 - The newly appointed Ambassador of Ethiopia to Sweden, Ambassador Woinshet Tadesse, presented her credential to the King of Sweden, His Majesty King Carl XVI Gustaf, on...

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Ethiopian B763 at Arusha on Dec 18th 2013, fuel emergency, landing on ...

An Ethiopian Airlines Boeing 767-300, registration ET-AQW performing flight ET-815 from Addis Ababa to Kilimanjaro , could not land in Kilimanjaro due to a disabled light aircraft on the runway and...

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The day in photos

Ethiopian women wait in a line at customs at Bole International Airport in Addis Ababa, EthiopiaA'.

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Djibouti, Chinese firm sign power project agreement - Wednesday, 18 December...

Addis Ababa, 18 December 2013 - Djibouti and Chinese company Shanghai Electric have signed an agreement for a key power line in the Red Sea country.

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"No political motive" behind Sudan's support for Ethiopia's Nile dam: ambassador

Sudan's support to Ethiopia's controversial dam project is not politically driven, Sudan's ambassador to Ethiopia said on Friday.

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Nation allocates 3.6 mln ha. land for investment in agriculture

Jimma December 18/2013 The Agriculture, Investment and Land Administration Agency said 3.6 million hectares arable land is being provided among investors engaged in agriculture sector.

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Troops clash in South Sudan, African states mediate

South Sudanese government troops battled to regain control of a flashpoint town and sent forces to quell fighting in a vital oil producing area on Thursday, the fifth day of a conflict that that has...

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Ethiopia says arrests five suspects in football match bomb plot

Ethiopian police have arrested five more people suspected of plotting suicide bombings during Ethiopia's World Cup qualifying match against Nigeria in October, security officials said on Thursday.

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