The week of March 31 - April 7, 2020
Macroeconomic News
Sector News—Industry, Agriculture, Services
- Industries Hit Hardest by the Coronavirus Pandemic.
- የባህር ዳር ኢንዱስትሪ ፓርክ በመጭው መስከረም መጨረሻ ወደ ስራ ይገባል (Bahir Dar industrial park will commence operation next September).
- Hawassa Industrial Park Scales Down Production.
- Kingdom Linen Completes First Phase Project At Adama Industrial Park.
- ቶዮታ በኢትዮጵያ የመለዋወጫ ፋብሪካ ሊገነባ ነው (Toyota to build automotive spare part plant in Ethiopia).
- ህዳሴ ግድብ ሃይል ማመንጨት ሲጀምር በዓመት 1 ቢሊዮን ዩሮ ያስገኛል (As GERD commences power generation, Ethiopia will earn over 1 bn Euro a year).
- Businesses in Tigray to Bid for Welkait Sugar Estate.
- Ethiopia inks power purchase, implementation agreement with two projects.
- Ethiopia Inks Geothermal Power Purchase Deals.
- Ethiopia signs its first power purchase agreement.
- Corbetti Geothermal, sponsors sign new PPA with Ethiopian Electric Power – a next step for geothermal project in Ethiopia.
- Authority Issues Temporary Licenses for Sanitizer, Mask Makers.
- Association battling price increment.
- Ethiopia, South Korea Sign $93m Loan Agreements.
- በኮሮና19 ምክንያት ባለማቀፍ ገበያ የቡና ፍላጎት ጨመረ (Global Coffee demand swells due to COVID-19).
- የበረሃ አምበጣ በኢትዮጵያ ከፍተኛ ጉዳት ሊያስከትል እንደሚችል ተገለጸ (Desert Locust invasions may bring huge crisis in Ethiopia, MoA).
- Local Firms Germinate Bamboo Seedlings to Combat Erosion.
- CHEMTEX Contributes Locust Control Equipments to MoA.
- Word Bank provides $82 million to Ethiopia.
- Ethiopia, UK Sign £24m Grant Agreement.
- Ethiopia is opening up its mobile money market to new players.
- Ethiopia Allows Local Telecom Firms to Provide Mobile-Money Services.
- Ethiopia shuts the door for foreign mobile money.
- Internet subscribers rise sharply.
- New mobile money directive puts Ethio-Telecom’s eligibility to the test.
- Small business, big trouble.
- በኢትዮጵያ የኦክስጅን ቬንትሌተር መመረት ሊጀምር ነው (Ethiopia set to start producing oxygen ventilators).
- Fears of COVID-19 spread locks down restaurants, cafes.
- Ethiopian Airlines reports $550 million loss.
- Ethiopian Airlines Jacks Up Passenger Fare.
- Taxi hailing firm diverts to courier service.
- Hoteliers, tour operators seek government’s assistance to stay afloat.
- In the Realm of Investments, Crisis Offers Opportunity to Learn.
- Gov’t installs new digital system to track, monitor COVID-19 cases.
- News: national emergency coordination center finalizing #COVID19 multi-sector response as cases in Ethiopia rise to 52.
Financial News
- Midre Geez Enters Microfinance Arena.
- Abay Bank Waives Fees on Loan Rescheduling, Early Settlement Charges.
- Zemen Bank Cuts Loan Interest Rate to Zero for Horticulture Industry.
- ባንኮች ከ70 ሚሊዮን ብር በላይ ለኮሮና መከላከለያ ድጋፍ ለግሰዋል (Banks donated over 70mn Birr so far to combat Corona).
- Amole, HelloCash, M-BIRR urges Ethiopian to use e-payments.
- Trade, Dev’t Bank Pledges to Support Ethiopia’s Response to COVID-19.
Policy and Regulatory News
Archive
- THE WEEK OF MARCH 24 – MARCH 31, 2020
- THE WEEK OF MARCH 17 – MARCH 24, 2020
- THE WEEK OF MARCH 10 – MARCH 17, 2020
- THE WEEK OF MARCH 3 – MARCH 10, 2020
- THE WEEK OF FEBRUARY 25 – MARCH 3, 2020
- THE WEEK OF FEBRUARY 18 – FEBRUARY 25, 2020
- THE WEEK OF FEBRUARY 11 – FEBRUARY 18, 2020
- THE WEEK OF FEBRUARY 4 – FEBRUARY 11, 2020
- THE WEEK OF JANUARY 28 – FEBRUARY 4, 2020
- THE WEEK OF JANUARY 21 – JANUARY 28, 2020
- THE WEEK OF JANUARY 14 – JANUARY 21, 2020
- THE WEEK OF JANUARY 8 – JANUARY 14, 2020
- THE WEEK OF DECEMBER 31 – JANUARY 8, 2020
- THE WEEK OF DECEMBER 24 – DECEMBER 31, 2019
- THE WEEK OF DECEMBER 17 – DECEMBER 24, 2019
- THE WEEK OF NOVEMBER 10 – DECEMBER 17, 2019
- THE WEEK OF NOVEMBER 3 – DECEMBER 10, 2019
- THE WEEK OF NOVEMBER 26 – DECEMBER 3, 2019
- THE WEEK OF NOVEMBER 19 – NOVEMBER 26, 2019
- THE WEEK OF NOVEMBER 12 – NOVEMBER 19, 2019
- THE WEEK OF NOVEMBER 5 – NOVEMBER 12, 2019
- THE WEEK OF OCTOBER 29 – NOVEMBER 5, 2019
- THE WEEK OF OCTOBER 22 – OCTOBER 29, 2019
- THE WEEK OF OCTOBER 15 – OCTOBER 22, 2019
- THE WEEK OF OCTOBER 8 – OCTOBER 15, 2019
- THE WEEK OF OCTOBER 1 – OCTOBER 8, 2019
- THE WEEK OF SEPTEMBER 24 – OCTOBER 1, 2019
- THE WEEK OF SEPTEMBER 17 – SEPTEMBER 24, 2019
- THE WEEK OF SEPTEMBER 10 – SEPTEMBER 17, 2019
- THE WEEK OF SEPTEMBER 3 – SEPTEMBER 10, 2019
- THE WEEK OF AUGUST 27 – SEPTEMBER 3, 2019
- THE WEEK OF AUGUST 20 – AUGUST 27, 2019
- THE WEEK OF AUGUST 13 – AUGUST 20, 2019
- THE WEEK OF AUGUST 6 – AUGUST 13, 2019
- THE WEEK OF JULY 30 – AUGUST 6, 2019
- THE WEEK OF JULY 23 – JULY 30, 2019
- THE WEEK OF JULY 16 – JULY 23, 2019
- THE WEEK OF JULY 9 – JULY 16, 2019
- THE WEEK OF JULY 2 – JULY 9, 2019
- THE WEEK OF JUNE 25 – JULY 2, 2019
- THE WEEK OF JUNE 18 – JUNE 25, 2019
- THE WEEK OF JUNE 11 – JUNE 18, 2019
- THE WEEK OF JUNE 4 – JUNE 11, 2019
- THE WEEK OF MAY 28 – JUNE 4, 2019
- THE WEEK OF MAY 21 – MAY 28, 2019
- THE WEEK OF MAY 14 – MAY 21, 2019
- THE WEEK OF MAY 7 – MAY 14, 2019
- THE WEEK OF APRIL 30 – MAY 7, 2019
- THE WEEK OF APRIL 23 – APRIL 30, 2019
- THE WEEK OF APRIL 16 – APRIL 23, 2019
- THE WEEK OF APRIL 9 – APRIL 16, 2019
- THE WEEK OF APRIL 2 – APRIL 9, 2019
- THE WEEK OF MARCH 26 – APRIL 2, 2019
- THE WEEK OF MARCH 19 – MARCH 26, 2019
- THE WEEK OF MARCH 12 – MARCH 19, 2019
- THE WEEK OF FEBRUARY 25 – MARCH 2, 2019.