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  ESAT News (February 15, 2017) Prosecutors have begun the process of extradition of seven army officers and businessmen who hid in Dubai after allegedly taking bank loans amounting to over 5 million dollars in the name of agricultural development in Benishangul Gumuz region of western Ethiopia. According to ESAT’s sources, the seven suspects, who are also called “the seven ...

ESAT News (February 15, 2017) Foreign direct investment in Ethiopia dropped by a fifth in the first half of the country’s fiscal year after violent anti-government protests in which foreign-owned businesses were targeted, according to a report by fin24. The country attracted $1.2bn in the six months through the end of December, compared with $1.5bn in the same period a ...