The Government of Ethiopia has provided 3.3 billion birr (about $98 million at current exchange rate) stimulus money to the hospitality industry to help the businesses engaged in hotel and tourism navigate through COVID-19 hardship.
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In an effort to rescue the economy from collapsing due to COVID-19 pandemic, the Government of Ethiopia orders the central bank to disburse 15 billion birr (close to $460 million dollar) to private banks.
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Expanding on the hospitality business, Ethiopian Airlines Group introduces the biggest hotel in Ethiopia built on 40,000 square meters next-door to Addis Ababa Bole International Airport.
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