The week of December 7 - December 14, 2021
Macroeconomic News
- Despite ongoing challenges, Ethiopia’s economy grows.
- Government Working To Build Strong Economy to Withstand Current Situation: GCS.
- Ethiopian Diaspora Remits About 9 Billion USD In Three Years.
- Ethiopian Customs Commission Collects 54 Billion Birr in 5 Months.
- Addis Ababa Amasses 25 billion in Tax Revenues in Four Months, Surpasses Target.
- Ethiopia Pays Eurobond Interest Amid Credit Downgrades, Delayed Debt Reprofile.
- General inflation up 33% from last year.
- Germany Supports Economic, Political Reforms in Ethiopia: Ambassador Stephan Auer.
Sector News—Industry, Agriculture, Services
- Textile Industry Achieves Above Planned Export Earnings in Past Five Months.
- Ethioipian Gold Project: Akobo Minerals shortlisted for ESG award.
- PVH employees transfer as firm leaves industrial park.
- Kefi calls latest developments in Northern Ethiopia positive turning point.
- State Monopoly Over Seed Market Nears an End.
- በአሮሚያና በደቡብ ክልሎች በበጋ መስኖ ከሚለማው ስንዴ5 ሚሊዮን ኩንታል ይገኛል ተባለ (An estimated 17.5 million quintals production expected from summer irrigated wheat in Oromia and SNNP regions).
- Coffee price peaks 10-year highs, supply dips.
- Suppliers, exporters ineligible to specialty coffee competition as new practice surfaces.
- Gov’t holding company under-formation.
- Authority Designates 07 for Safaricom Ethiopia Calls.
- Road to Connect British Embassy to Africa Avenue for $25m.
- Ethiopia to host the 17th African Digital Economy Forum in 2022.
- Deputy PM, FM Demeke Affirms Ethiopia’s Readiness To Resist, Respond To Potential Disasters.
- Ethiopian Innovators stay productive amid war time.
- Ethiopian Airlines partners with CarTrawler to provide online car rental service.
- Nigeria’s Paga plans Ethiopia and crypto expansions in 2022.
- CBE, EagleLion launch GetRooms to ease hotel bookings.
- Commercial Bank of Ethiopia Ready to Serve Expected 1 Mn Ethiopian Diaspora 24 – 7: CEO.
- Addis Hotels Ready to Welcome 1 mln Diaspora, Friends: Hotel Owners’ Association.
- Ethiopia ranks 15th in AfDB’s Electricity Regulatory Index.
- Ethiopia Signs Deal with Two Foreign Firms to Build Power Control Center.
- Fuel Subsidy Scale Back Drives Record-High Prices at Pumping Stations.
Financial News
- Commercial Bank of Ethiopia to lend over 100 billion birr.
- Awash International Bank Rides on the Right CAMEL.
- Bunna Bank Earns 937 Million Birr in Profit.
- Policy bank to design mandatory bonds for interest-free banks.
- African Insurance nets 51 mln birr in profit.
- ንብ ኢንሹራንስ ከግማሽ ቢሊዮን ብር በላይ የዓረቦን ገቢና8 ሚሊዮን ብር ትርፍ ማግኘቱን አስታወቀ (Nib Insurance announced a premium income of over half billion Birr, and a profit of 166.8 million Birr).
- Nib Insurance, Bank Venture on Novel Premium Financing Scheme.
- Nib Bank, Insurance and Gasha avail revolutionary insurance cover.
- ለታክሲዎች መድን ሽፋን መግዣ ግማሽ ቢሊዮን ብር ብድር ተመደበ (Half billion Birr loan allocated for the purchase of insurance coverage for taxis).
- ባለፉት ዘጠኝ ዓመታት ከ49 ቢሊዮን ብር በላይ የገንዘብ ዝውውር ያሳለጠው ፕሪሚየም ስዊች ሶሉውሽን (Premium Switch Solutions transacted over 49 billion Birr over the past nine years).
Policy and Regulatory News
Archive
- 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
- THE WEEK OF October 12 – OCTOBER 19, 2021
- THE WEEK OF October 5 – OCTOBER 12, 2021
- THE WEEK OF SEPTEMBER 28 – OCTOBER 5, 2021
- THE WEEK OF SEPTEMBER 21 – SEPTEMBER 28, 2021
- THE WEEK OF SEPTEMBER 14 – SEPTEMBER 21, 2021
- THE WEEK OF SEPTEMBER 7 – SEPTEMBER 14, 2021
- THE WEEK OF AUGUST 31 – SEPTEMBER 7, 2021
- THE WEEK OF AUGUST 24 – AUGUST 31, 2021
- THE WEEK OF AUGUST 17 – AUGUST 24, 2021
- THE WEEK OF AUGUST 10 – AUGUST 17, 2021
- THE WEEK OF AUGUST 3 – AUGUST 10, 2021
- THE WEEK OF JULY 27- AUGUST 3, 2021
- THE WEEK OF JULY 20- JULY 27, 2021
- THE WEEK OF JULY 13- JULY 20, 2021
- THE WEEK OF JULY 6 – JULY 13, 2021
- THE WEEK OF JUNE 29 – JULY 6, 2021
- THE WEEK OF JUNE 22 – JUNE 29, 2021
- THE WEEK OF JUNE 15 – JUNE 22, 2021
- THE WEEK OF JUNE 8 – JUNE 15, 2021
- THE WEEK OF JUNE 1 – JUNE 8, 2021
- THE WEEK OF MAY 25 – JUNE 1, 2021
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- THE WEEK OF APRIL 27 – MAY 4, 2021
- THE WEEK OF APRIL 20 – APRIL 27, 2021
- THE WEEK OF APRIL 13 – APRIL 20, 2021
- THE WEEK OF APRIL 6 – APRIL 13, 2021
- THE WEEK OF MARCH 30 – APRIL 6, 2021
- THE WEEK OF MARCH 23 – MARCH 30, 2021
- THE WEEK OF MARCH 16 – MARCH 23, 2021
- THE WEEK OF MARCH 9 – MARCH 16, 2021
- THE WEEK OF MARCH 2 – MARCH 9, 2021
- THE WEEK OF FEBRUARY 23 – March 2, 2021
- THE WEEK OF FEBRUARY 16 – FEBRUARY 23, 2021
- THE WEEK OF FEBRUARY 9 – FEBRUARY 16, 2021
- THE WEEK OF FEBRUARY 2 – FEBRUARY 9, 2021
- THE WEEK OF JANUARY 26 – FEBRUARY 2, 2021
- THE WEEK OF JANUARY 19 – JANUARY 26, 2021
- THE WEEK OF JANUARY 12 – JANUARY 19, 2021
- THE WEEK OF JANUARY 5 – JANUARY 12, 2021
- THE WEEK OF DECEMBER 29, 2020 – JANUARY 5, 2021
- THE WEEK OF DECEMBER 22 – DECEMBER 29, 2020
- THE WEEK OF DECEMBER 15 – DECEMBER 22, 2020
- THE WEEK OF DECEMBER 8 – DECEMBER 15, 2020
- THE WEEK OF DECEMBER 1 – DECEMBER 8, 2020
- THE WEEK OF NOVEMBER 24 – DECEMBER 1, 2020
- THE WEEK OF NOVEMBER 17 – NOVEMBER 24, 2020
- THE WEEK OF NOVEMBER 10 – NOVEMBER 17, 2020
- THE WEEK OF NOVEMBER 3 – NOVEMBER 10, 2020
- THE WEEK OF OCTOBER 27 – NOVEMBER 3, 2020
- THE WEEK OF OCTOBER 20 – OCTOBER 27, 2020
- THE WEEK OF OCTOBER 13 – OCTOBER 20, 2020
- THE WEEK OF OCTOBER 6 – OCTOBER 13, 2020
- THE WEEK OF SEPTEMBER 29 – OCTOBER 6, 2020
- THE WEEK OF SEPTEMBER 22 – SEPTEMBER 29, 2020
- THE WEEK OF SEPTEMBER 15 – SEPTEMBER 22, 2020
- THE WEEK OF SEPTEMBER 8 – SEPTEMBER 15, 2020
- THE WEEK OF SEPTEMBER 1 – SEPTEMBER 8, 2020
- THE WEEK OF AUGUST 25 – SEPTEMBER 1, 2020
- THE WEEK OF AUGUST 18 – AUGUST 25, 2020
- THE WEEK OF AUGUST 11 – AUGUST 18, 2020
- THE WEEK OF AUGUST 4 – AUGUST 11, 2020
- THE WEEK OF JULY 28 – AUGUST 4, 2020
- THE WEEK OF JULY 21 – JULY 28, 2020
- THE WEEK OF JULY 14 – JULY 21, 2020
- THE WEEK OF JUNE 30 – JULY 14, 2020
- THE WEEK OF JUNE 23 – JUNE 30, 2020
- THE WEEK OF JUNE 16 – JUNE 23, 2020
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- THE WEEK OF MAY 12 – MAY 19, 2020
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- THE WEEK OF APRIL 28 – MAY 6, 2020
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- THE WEEK OF APRIL 14 – APRIL 21, 2020
- THE WEEK OF April 7 – APRIL 14, 2020
- THE WEEK OF MARCH 31 – APRIL 7, 2020
- 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.