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.
The government of Ethiopia needs to get 15 years of preparation in order to impliment the flat / similar trade tariff proposed by the African Free Continental Trade Area (AfCFTA) deal, a government offcial says.
With the aim of easing its import-export trade logistics, Ethiopia today officially inaugurates 220 kilometers toll road that links eastern part of Ethiopia’s city – Dire Dawa with Dewale city bordering Djibouti.
By Andualem Sisay Gessesse _ For the past decades much has been said about the need for African countries to be integrated economically and unite to advance development and face challenges collectively. Sub regional economic blocs such as, Economic Community of West African states, South African Development Community, East African Community, Economic Community of Central […]