Ethiopia expects 6 percent economic growth
Amidst the challenges faced by the outbreak of the global pandemic, coronavirus, Ethiopian economy is expected to grow…
Economy
Imagining Ethiopia post COVID-19
BY ANDUALEM SISAY GESSESSE – At this point of time no one dares to estimate what our world…
Ethiopian parliament approves $1.4 billion additional budget
To mitigate the economic and social impacts of COVID-19, Ethiopian Parliament on Friday approves an addition budget of…
Addis Ababa creates over 205,400 jobs
Addis Ababa Job Creation and Enterprise Development Bureau said it has created job opportunities for 205,477 people during…
U.S. provides $230 million development aid to Ethiopia
The United States, through the U.S. Agency for International Development (USAID), and the Federal Ministry of Finance signed…
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…
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,…
IMF approves immediate debt service relief for 25 countries
With the aim of helping the poorest countries fight against the spread of COVID-19, the International Monetary Fund…
UN says COVID-19 impact on African cities acute
As part of its analysis to inform COVID-19 policy responses, the UN Economic Commission for Africa (ECA), calls…
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 pleads to G20 to rescue African economies
As the leaders of the wealthiest nations begins their extraordinary summit this week, the Government of Ethiopia today…
African finance ministers agree to fight COVID-19 impacts
African finance ministers met in a virtual conference to exchange ideas on the efforts of their respective governments…
Namibia gets $129 loan to boost economy
The Board of Directors of the African Development Bank has approved a $129.4 million (ZAR 2.011 billion) loan…
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…
Ethiopia launches fundraising to complete Nile Dam
The Government of Ethiopia on Wednesday launched another round of fundraising to complete the construction of the Great…
WTO delegation visits Ethiopia
The delegation of the World Trade Organization (WTO) visited Ethiopia and discuss Ethiopia’s accession to the WTO with…
Zimbabwe to host sustainable development forum
Zimbabwe is ready to host the Sixth Africa Regional Forum on Sustainable Development (ARFSD) that will be held…
Africa business forum in Ethiopia to focus on prosperity
The third round of Africa Business Forum scheduled in Addis Ababa, Ethiopia next month is set to focus…
Amhara, Afar regions of Ethiopia ink cooperation deal
The leaders of Amhara and Afar regions of Ethiopia have signed a partnership deal that will allow them…
Ethiopia inflation continues growing in double digits
The country level overall inflation rate in Ethiopia (annual change based on 12 months Moving Average) rose by…
Study reflects on Ethiopia – Djibouti railway corridor potential
A new study reflects on the challenges and the huge economic potential of the new Addis Ababa –…
Ethiopia to launch independent economic advisors’ council
The Government of Ethiopia has invited independent professionals to be part of the national economic advisors council the…
Ethiopian Diaspora Trust Fund shortlists 22 projects
The Board of Directors of the Ethiopian Diaspora Trust Fund (EDTF) announces the completion of project proposal reviews…
IMF to provide seven-fold finance to Ethiopia
Supporting Ethiopia’s home–grown economic reform, the International Monetary Fund (IMF) has agreed with Ethiopian government at technical level…
Over 83% of Ethiopians suffer from multidimensional poverty
A report launched today by the United Nations Development Organization (UNDP) listed Ethiopia among the poor scoring countries…
French agency boss launches a book in Ethiopia
Calling for a new mindset to reconcile differences at every stage of the society across the world, a…
International conference to address Ethiopia’s pressing challenges
With the aim of transforming the lives of Ethiopians by the year 2050, an international conference that aims…
Germany funds Ethiopia’s homegrown economic reform
In support of Ethiopia’s recently launched home-grown economic reform, the Government of Germany provides 352.5 million Euros.
African women land security crucial to eradicating poverty
Africa cannot eliminate poverty or achieve inclusive development without the participation of women, African Union Commission’s Rural Economy…
Expert panel calls for fair, efficient land management
Experts attending this year’s conference on Land Policy in African have called for fair and efficient land management…