GDP growth – New Business Ethiopia

Recent macroeconomic, financial developments in Ethiopia

June 24, 2021BEHAK

Ethiopia Economic Update by African Development Bank- Ethiopia’s economy grew by 6.1% in 2020, down from 8.4% in 2019, largely because of the COVID–19 pandemic. Growth was led by the services and industry sectors, whereas the hospitability, transport, and communications sectors were adversely affected by the pandemic and the associated containment measures to prevent the […]

Price Watch points to construction sector key driver of growth

February 25, 2021BEHAK

“A vibrant construction sector is an indisputable driver of GDP growth in a country,” said Bartholomew Armah, Director of Macroeconomics and Governance at the Economic Commission for Africa (ECA).