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Top news items in major Ethiopian media outlets

Xinhua, May 26, 2016 Adjust font size:

The following are news highlights in Ethiopia's major media outlets on Thursday.

-- Ethiopia's economic growth registered over the past 25 years has changed Ethiopia's entire image, said Dr Debretsion Gebremichael, Deputy Prime Minister for Finance and Economic Cluster and Minister of Communication and Information Technology.

In an exclusive interview with FBC on Tuesday, Dr Debretsion said that Ethiopia's economic growth had been proved successful after it was tested by one of the worst drought in 50 years. (Fana Broadcasting Corporate/FBC)

-- A 15-million-U.S. dollar loan agreement was signed on Wednesday between the Swedfund and DBL, a Bangladesh textile and garment company.

DBL had already concluded an agreement and received 68 hectares of land to establish textile and garment company in Tigray regional state of Ethiopia. (Fana Broadcasting Corporate/FBC)

-- The Republic of Fiji announced that it will open a diplomatic mission in Ethiopia this week, according to The Fiji Times. Foreign Affairs and International Cooperation Minister, Ratu Inoke Kubuabola, will travel to Addis Ababa this week for the formal opening of the embassy. (Ethiopian News Agency/ENA)

-- Ethiopia and Salini Impregilo have signed an agreement for the construction of Koysha dam, a new mega hydroelectric project, in Koysha area, SNNP (Southern) regional state of Ethiopia.

The new megaproject is worth 2.5 billion Euros and will have an installed capacity of 2,200 MW. (Fana Broadcasting Corporate/FBC) Endit