Foreign-exchange (Forex) pressure remains one of Ethiopia’s most decisive risk drivers heading into 2026. While Forex shortages have shaped the…
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Ethiopia devalues its Birr 31 percent
The Government of Ethiopia today announced liberalization of the forex market, which immediately resulted in about 31 percent devaluation of…
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Ethiopia’s financial sector poised for takeoff, but hurdles remain
By Anwar Hussen Mohammed – Ethiopia, Africa’s second-most populous nation with about 120 million people, boasts a fast-growing economy. Underpinning…
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Ethiopia’s forex crunch: struggles, strategies for sustainable future
By Anwar Hussen Mohammed – Ethiopia’s economic boom of the past decade has hit a snag – a foreign exchange…
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Ethiopia bans packed food, furniture, automobiles, liquors import
Due to the worsening of forex shortage in the country, the Government of Ethiopia has banned import of 38 product…
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Ethiopia finally opens door for foreign banks
During its weekly meeting, the Council of Minister of Ethiopia today approved the long-awaited policy that allows foreign banks to…
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Walia urges Ethiopian government to solve forex shortage
Walia Steel Industry Private Limited Company, one of the fastest growing manufacturing industry in Ethiopia, urged the Government of Ethiopia…
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Japan manufactures, Ethiopia makes money
By Andualem Sisay Gessessse (a kind of tax policy brief) – David Ruppi is a Ugandan journalist. I met him…
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