Ethiopia economy declines 11 percent by COVID-19
The economy of Ethiopia will shrink between 5.6 to 11 percent as a result of coronavirus (COVID-19) pandemic, stated a paper by the renowned Addis […]
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Ethiopia to provides $460 million to private banks
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 […]
Ethiopia’s export earning continues to decline
Ethiopia’s export performance which has been declining since 2012, has dropped by $170 million for the fiscal year concluded July 7, 2019 as compared to […]
Ethiopia imports 135, 457 vehicles in a year
The total number of vehicles Ethiopia has imported and registered last year (the fiscal year ended July 7, 2019) has surpassed the amount the country […]
Malaysian company to produce edible oil in Ethiopia
Golden Africa, a Malaysian company is set to invest in edible oil manufacturing in Ethiopia creating jobs for 1,500 people in two years time.
Djibouti exploiting its advantages
ANDUALEM SISAY GESSESSE – Djibouti has registered remarkable economic growth over the past decade, mainly after its ports began handling Ethiopia’s import and export trade.
Ethiopian shipping urges government to use its idle ships
The Ethiopian Shipping and Logistics Services Enterprise (ESLSE), the government company which has been in shipping business for over 54 years, says it has been […]
Ethiopia vows to combat trade misinvoicing
By Andualem Sisay Gessesse –Ethiopia is battling to stop the outflows of billions of dollars every year through trade misinvoicing in collaboration with foreign partners, […]