The week of December 20 - December 27, 2022
Macroeconomic News
Sector News—Industry, Agriculture, Services
- IPDC Inks Contract With Three Companies With Over 11bln Birr Capital.
- Local gold mining invests $2 billion in Ethiopia.
- Norwegian Mining Company Strikes Gold.
- ባቫሪያ ኦቨርሲስ ሐበሻ ቢራን ለመጠቅለል ሐሳብ አቀረበ (ባቫሪያ ኦቨርሲስ ሐበሻ ቢራን ለመጠቅለል ሐሳብ አቀረበ (Bavaria Overseas proposed to thoroughly purchase Habesha beer).
- Geda Special Economic Zone Commence Construction.
- Local Firms with 11.4bln Birr Capital Enter Industrial Parks.
- IPs export 85% below potential, World Bank.
- PM Visits Textile & Apparel Factories in Kombolcha IP.
- Private enterprise joins power sector to meet humanitarian energy needs.
- LC Ban pressures Suzuki supplier to end contracts, buyers disgruntled.
- NOC Ethiopia Opens Service Station in Djibouti.
- Profit-making idea: Milk powder production in Ethiopia.
- Investing in Ethiopia with proper risk advisory.
- የደረቅና የፈሳሽ ሳሙና አምራቾች በኬሚካል ዕጥረት ሥራ ለማቆም ተገደናል አሉ (Liquid and bar Soap manufacturers said they are forced to stop production due to lack of chemicals).
- Ethiopia Ready To Supply Wheat To East African Countries.
- Ministry Launches 9 Solar-Powered Irrigation Projects.
- Ethiopian Coffee Resurrect Recognized for Pushing the Boundaries of Sustainability in the Beauty Industry.
- Oromia Cooperative, CBE pair to develop digital loan repayment system for farmers.
- Zhao Vows To Encourage Chinese Firms To Invest In Agriculture, Mining In Ethiopia.
- Ethio Telecom Signs Partnership Deal with Tele Mobile South Sudan.
- Ashewa, Africom, ICT park collaborate to propel Ethiopia’s digital economy.
- US Exim Bank Approves $281mln to Ethiopian Airlines.
- Ethiopian Nominated In Four Categories Of Upcoming STAT Times Cargo Awards.
- A tale of two logistics corridors.
- Betting booms, state commission reaches new heights.
- Tour Operators Timid Over Taxation.
- Ministry Of Tourism Unveils Integrated Digital Platform, Travel Incentives.
- Choke Mountains Chosen As Best Tourism Village Of 2022 By UNWTO.
Financial News
- ኦሞ ባንክ በ2014 በጀት ዓመት 1 ነጥብ 5 ቢሊየን ብር ገቢ አገኘሁ አለ (Omo Bank reported a 1.5bn Birr revenue in 2021-22 FY).
- Wegagen bank marks a rejuvenated comeback financial year.
- Gedaa Bank begins Operation.
- Nile Insurance flows in waves of profit.
- A new Ethiopian bank to revolutionize banking by partnering with Intellect Global Consumer Banking (iGCB).
- የኢትዮጵያ ንግድ ባንክ በዲጂታል የባንክ አገልግሎቶች ከ1 ነጥብ 9 ትሪሊየን ብር በላይ የገንዘብ ልውውጥ አደረገ (Commercial Bank of Ethiopia made over 1.9 trillion Birr money transfers through its digital banking services).
- የኢትዮጵያ የጠለፋ መድን ማኅበር 40 ሚሊዮን ዶላር የውጭ ምንዛሪ ማዳኑን አስታወቀ (The Ethiopian Reinsurance Association reported that it has saved $40mn in foreign currency).
- Uncollateralized & Digital Credit In Ethiopia: How Far Has It Come And Where Is It Heading?.
Policy and Regulatory News
Archive
- THE WEEK OF DECEMBER 13 – DECEMBER 20, 2022
- THE WEEK OF DECEMBER 6 – DECEMBER 13, 2022
- THE WEEK OF NOVEMBER 29 – DECEMBER 6, 2022
- THE WEEK OF NOVEMBER 22 – NOVEMBER 29, 2022
- THE WEEK OF NOVEMBER 15 – NOVEMBER 22, 2022
- THE WEEK OF NOVEMBER 8 – NOVEMBER 15, 2022
- THE WEEK OF NOVEMBER 1 – NOVEMBER 8, 2022
- THE WEEK OF OCTOBER 25 – NOVEMBER 1, 2022
- THE WEEK OF OCTOBER 18 – OCTOBER 25, 2022
- THE WEEK OF OCTOBER 11 – OCTOBER 18, 2022
- THE WEEK OF OCTOBER 4 – OCTOBER 11, 2022
- THE WEEK OF SEPTEMBER 27 – OCTOBER 4, 2022
- THE WEEK OF SEPTEMBER 20 – SEPTEMBER 27, 2022
- THE WEEK OF SEPTEMBER 13 – SEPTEMBER 20, 2022
- THE WEEK OF SEPTEMBER 6 – SEPTEMBER 13, 2022
- THE WEEK OF AUGUST 30 – SEPTEMBER 6, 2022
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- THE WEEK OF JULY 26 – AUGUST 2, 2022
- THE WEEK OF JULY 19 – JULY 26, 2022
- THE WEEK OF JULY 12 – JULY 19, 2022
- THE WEEK OF JULY 5 – JULY 12, 2022
- THE WEEK OF JUNE 28 – JULY 5, 2022
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- THE WEEK OF FEBRUARY 22 – MARCH 1, 2022
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- THE WEEK OF FEBRUARY 8 – FEBRUARY 15, 2022
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- THE WEEK OF JANUARY 25 – FEBRUARY 1, 2022
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- THE WEEK OF JANUARY 11 – JANUARY 18, 2022
- THE WEEK OF JANUARY 4 – JANUARY 11, 2022
- THE WEEK OF NOVEMBER 28, 2021 – JANUARY 4, 2022
- THE WEEK OF NOVEMBER 21 – NOVEMBER 28, 2021
- THE WEEK OF NOVEMBER 14 – NOVEMBER 21, 2021
- THE WEEK OF NOVEMBER 7 – NOVEMBER 14, 2021
- THE WEEK OF NOVEMBER 30 – DECEMBER 7, 2021
- THE WEEK OF NOVEMBER 23 – NOVEMBER 30, 2021
- THE WEEK OF NOVEMBER 16 – NOVEMBER 23, 2021
- THE WEEK OF NOVEMBER 9 – NOVEMBER 16, 2021
- THE WEEK OF NOVEMBER 2 – NOVEMBER 9, 2021
- THE WEEK OF OCTOBER 26 – NOVEMBER 2, 2021
- THE WEEK OF October 19 – OCTOBER 26, 2021
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- THE WEEK OF SEPTEMBER 28 – OCTOBER 5, 2021
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- THE WEEK OF SEPTEMBER 7 – SEPTEMBER 14, 2021
- THE WEEK OF AUGUST 31 – SEPTEMBER 7, 2021
- THE WEEK OF AUGUST 24 – AUGUST 31, 2021
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- THE WEEK OF FEBRUARY 23 – March 2, 2021
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- THE WEEK OF DECEMBER 29, 2020 – JANUARY 5, 2021
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- THE WEEK OF FEBRUARY 4 – FEBRUARY 11, 2020
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- THE WEEK OF DECEMBER 24 – DECEMBER 31, 2019
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- THE WEEK OF AUGUST 27 – SEPTEMBER 3, 2019
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- 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.