Ethiopia takes another step to establish security exchange
The Ministry of Finance of Ethiopia, the new state enterprise Ethiopian Investment Holding (EIH), and FSD Africa today signed a
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Ethiopia Ministry of Finance
Ethiopia postpones privatization of Ethio Telecom
The Ministry of Finance of Ethiopia said it has decided to postpone it plan of partial privatization of the state-owned
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Ethiopia to import 12.5 million liters of cooking oil
With the aim of stabilizing prices of major consumer goods, the Government of Ethiopia has purchased from abroad 12.5 million
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Ethiopia invites bidders to partially privatize Ethio Telecom
The Government of Ethiopia today invited foreign investors interested to buy partial share of the state-owned telecommunications service provider, Ethio
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Safaricom CEO meets Ethiopian official
Safaricom Ethiopia PLC CEO, Anwar Soussa today meets with Ethiopia’s State Minister of Finance Dr. Eyob Tekalign.
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Ethiopia secures half a billion dollar to enhance safety net
The World Bank and the Government of Ethiopia inked this morning a $512.5 million loan and grant agreement, which aims
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Ethiopia to help vandalized investments recovery
The Government of Ethiopia is preparing a recovery package that will help businesses vandalized by mobs came out to streets
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Ethiopia distributes 96 billion Birr new currency notes
The National Bank of Ethiopia said it has distributed over 96 billion Birr (about $2.6 billion) valued new currencies notes
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Ethiopia suspends Ethiopian Airlines privatization
The Ministry of Finance of Ethiopia said it has suspended the partial privatization of the fully state owned Africa’s most
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Ethiopia secures $4 billion project financing from abroad
The Government of Ethiopia has obtained close to 142.3 billion birr (about $3.95 billion) external financing for its different projects
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Ethiopia increases budget by 7 percent
NEWS – The Ministry of Finance of Ethiopia today presented a draft national budget of 476 billion birr (about $13.9
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Ethiopia injects $98 million into hospitality industry
The Government of Ethiopia has provided 3.3 billion birr (about $98 million at current exchange rate) stimulus money to the
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IMF to provide seven-fold finance to Ethiopia
Supporting Ethiopia’s home–grown economic reform, the International Monetary Fund (IMF) has agreed with Ethiopian government at technical level to provide
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Ethiopia’s debt surpasses $52 billion
Ethiopian government total debt from foreign and local lenders surpasses $52.3 billion, the Ministry of Finance of Ethiopia said.
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EU grants 33 million euros to Ethiopia
The European Union (EU) is set to provide 33.5 million euros grant to the Government of Ethiopia for EU-TRUST Fund
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Ethiopia to boost excise tax income by a billion dollars
The Government of Ethiopia is set to boost its annual income from excise tax every year by around a billion
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Ethio Telecom gets priority for privatization
Ethio Telecom, the state monopoly telecom service provider in Ethiopia is set to be among the first state enterprises set
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Ethiopia to launch $800 million solar project bids
The Ministry of Finance of Ethiopia is set to launch an international bid for the construction of six mega solar
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