It has been an important week for Addis’s cultural life as the city has come to declare its emerging artistic identity.The third edition of Art of Ethiopia exhibition took place from the 21st to the 24th of August at Sheraton’s Addis Lalibela Grand Ballroom. One of the largest exhibitions ever held, Art of Ethiopia showcased more than 400 new works created specifically for the occasion. Around 40 established and young artists displayed works of paintings, sculptures, installations, bronze castings and wood carvings.

Sammy handmade in Ethiopia is a new luxury, accessories brand from Ethiopia dedicated to bring the Ethiopian craft of weaving to the world. With leather handbag pouches, wallets and scarves, Sammy of Ethiopia is creating new and innovative fashion trends unlike the traditional designers from New York,..

ADDIS ABABA (Reuters) - Ethiopia on Thursday rejected criticism of its massive hydropower dam projects and vowed to push ahead with plans to boost its power generating ability from 2,000 MW to 10,000 MW within five years. The Horn of Africa nation's ambitious dam building programme has drawn fire from human rights groups as well as from Egypt and other Nile River countries.

ADDIS ABABA (Reuters) - Rebel claims that Malaysia's Petronas has stopped oil and gas exploration in Ethiopia are lies and three more firms are in negotiations to start exploration in the country, its mines minister said on Thursday.

Ogaden National Liberation Front (ONLF) separatists and local media said state-owned Petronas had pulled out of the Horn of Africa nation after a gas field it was exploring was overrun by the militants in May.

Ethiopian distance runner Dejene Berhanu, who was reported dead at the age of 29 last Sunday by his management firm, took his own life. Two independent sources contacted by Race Results Weekly who had knowledge of the situation, one in the United States and one in Ethiopia, confirmed the news. Neither source wished to be identified given the sensitivity of the situation.

A UNIQUE photography exhibition comparing life in Wales with that in Ethiopia launches tomorrow. Double Take, which opens at the Pierhead Building in Cardiff Bay, looks at the similarities and differences between the two nations using pictures. Photographers from Ethiopian capital Addis Ababa and Betws, near Bridgend, took part and were each given 12 themes to work with.

Ethiopian Airlines has made an overwhelming insurance claim from the state owned Ethiopian Insurance Corporation (EIC) for the crash of one of its aircraft off the coast of Beirut, Lebanon in January this year. The Ethiopian Insurance Corporation has reported a 1.5 billion birr insurance claim by Ethiopian Airlines in its recently concluded fiscal year report.

APA-Addis Ababa (Ethiopia) Ethiopia announced on Tuesday plans to generate around $6.6 billion from export of agricultural products in the next five years. The Ethiopian Ministry of Agriculture and Rural Development said that various activities are being carried out to achieve the target by 2015.

The National Bank of Ethiopia (NBE) announced today that it has devaluated the national currency of the country (birr) against major international currencies by about 20 percent. One US dollar which was equivalent to 13.62 birr will be exchanged at 16.35 Ethiopian birr as of today (September 1, 2010). The measure taken by NBE is expected to make import expensive and result in increasing prices of imported goods.

APA-Addis Ababa (Ethiopia) Ethiopia is scheduled to host “Hub of Africa Fashion Week” from September 23rd to 25th 2010 where many African designers are expected to take part, organizers said here on Tuesday.

Somalia's Transitional Federal Government is denying reports that Ethiopian troops have taken the town of Beledweyn from al-Shabab militants in the central Hiran region. A government spokesman says there is no Ethiopian military presence in Somalia.

Ethiopia has banned off-campus education, and ordered private universities to close degree programs in law and education.

A directive issued by Ethiopia's Education Ministry describes distance learning at off-campus sites as "unnecessary at this stage" and orders all such operations to stop enrolling new students immediately. The proclamation also prohibits private universities from accepting new applicants in teaching or law degree programs.

Just last month the sensational singer Teddy Afro announced, during a radio interview, that he is now working on a new album that is scheduled to come out in four months' time. Releasing three new singles earlier than the announced time was something audiences never anticipated. Other requests the station frequently receives include Bezawit Zeleke’s Menor and Jemeriaylew and Yismalem Berega’s Amrobish. Despite the two singles being released some time ago, they are still getting significant attention.

The five-year strategic plan, dubbed the Growth and Transformation Plan (GTP), was defended by both the Prime Minister and the Minister of Finance and Economic Development during the past two weeks. Early this week, the plan was floated for public discussion in Addis Ababa where people still held mixed opinions on the feasibility of the plan...

ELiE, a Sudan-based company which invested some USD 160 million in pharmaceutical, edible oil and soap plants in the northern Ethiopia town of Gondar, is contemplating pulling out from the business it has yet to kick-start due to customs bureaucracy, Ahmed Elbadawi Ahmed, general manager of the company, told The Report...