Impact of Ethiopia’s IMF-backed forex floating on consumer
BY YANET FANTAYE WOGAYEHU – As Ethiopia grapples with rising inflation and internal conflicts, consumers are closely watching…
inflation
IFAD to help increase Senegal farmers resilience to external shocks
A new rural development program is set to improve national food and nutrition security and smallholder farmers’ resilience…
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…
Vulnerable economies fall behind despite resilient global growth
Buffeted by an unprecedented series of shocks, the global economy has shown extraordinary resilience so far.
Focus on domestic resource mobilization, inflation – IMF told Africa
By Andualem Sisay Gessesse, Washington DC – In the face of cost of borrowing increasing and official development…
WTO forecasts rebound in global trade
Global goods trade is expected to pick up gradually this year following a contraction in 2023 that was…
Burundi economy set to grow by 4.3 percent
The economic growth of Burundi, which began recovering from 1.8 percent in 2022 to 2.7 percent in 2023,…
An economist look at Ethiopian economy, inflation
By Muluneh Gebre – Ethiopia’s macro-economic performance remains positive amid severe inflation, drought and clashes in different parts…
Ethiopia increases exporters’ forex retention to 50 percent
By Muluneh Gebre – The National Bank of Ethiopia (NBE) has announced that it has increased the amount…
Paradox of Ethiopia’s wheat export Vs deadly Borena drought
By Woubishet Sisay – In his speech at the 36th Ordinary Session of the Assembly of the AU,…
Ethiopia increases annual budget by 17 percent
The Ministry of Finance of Ethiopia has proposed a total budget of 786.6 billion Birr for the next…
Ethiopia reports 34.7 inflation in March 2022
In March 2022, the year-on-year general inflation rate in Ethiopia increased to 34.7 percent, after reaching 33.6 percent…
The soaring cost of living in Ethiopia
By Addis G. Tadesse – The soaring cost of living in cities and deepening poverty in rural areas…
Ethiopia economy updates September 2021
The Ministry of Finance of Ethiopia issued a statement indicating that the economy has been in good shape…
Study advices Ethiopia not to rush to banking liberalization
As oppose to the push by the international financial institutions, a new study by the renowned professor of…
Ethiopia inflation rate goes up in double digits
The country level 12 months moving average food inflation rate in Ethiopia for the month of April 2020…
Food inflation in Ethiopia increases to 22.2 percent
Food inflation rate in Ethiopia has increased to 22.2 percent for the month of March 2020 from 20.9…
Ethiopia food inflation rate reaches 21 percent
Moving average inflation rate for food items in Ethiopia for the month of February 2020 has gone up…
Banking expansion in Ethiopia, inherent shortcomings
BY ABEBE WOLDE GIORGIS – Currently, the banking industry in Ethiopia is growing rapidly in terms of accessibility,…