Ethiopia devalues its Birr 31 percent
The Government of Ethiopia today announced liberalization of the forex market, which immediately resulted in about 31 percent…
Ethiopia forex shortage
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…
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…
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…
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…
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…
Japan manufactures, Ethiopia makes money
By Andualem Sisay Gessessse (a kind of tax policy brief) – David Ruppi is a Ugandan journalist. I…