The week of February 21 - February 28, 2023
Macroeconomic News
- Tax Officials Collect Nearly 237 Billion Birr in Seven Months.
- Ethiopia among AfCFTA $1bln adjustment fund recipients.
- IFRS adoption marked ‘make or break’ for upcoming capital market.
- Ministry Of Finance Hosts A Meeting With Development Partners Group Executive Committee.
- As lobbying intensifies, debt restructuring imminent, but with conditions.
- Some Investors Offer Ethiopia Eurobond-Tenure Extension.
- Ethiopian Investment Commission Becomes Official Member Of WAIPA.
- Ethiopia and China sign an MOU to establish a Working Group to boost investment and economic cooperation.
- High-Level Ethiopia-China Investment Forum Held In Beijing.
- Republic Of Korea Vows To Encourage Its Business People To Invest In Ethiopia.
Sector News—Industry, Agriculture, Services
- East African Holding to Develop Industrial Park in Bisohftu.
- Eight Companies Lease 35.58 Hectares of Developed Land in Bure Integrated Agro Industrial Park.
- BEAEKA, Shacman Set To Start Assembling Heavy Trucks In Ethiopia.
- Finance shortage pushes manufacturers out of business.
- Omo sugar projects cause “starvation and death,” report says.
- Addis chamber opens int’l exhibition to connect domestic producers with foreign markets.
- Kefi Seeks to Resolve Legal Issues ahead of Tulu Kapi Gold Project Launch.
- Debre-Birhan City Issues License To Investors With 24bn Birr Capital In The Past Six Months.
- Ethiopia’s Electricity Output Rises by Only 7% in 2015 EFY, EPSE Meets Targets in Petroleum Supply.
- በአምራች ኢንተርፕራይዞች የሚታየውን የሃይል አቅርቦትና የመስሪያ ቦታ እጥረት ለመፍታት እየተሰራ ነው (EED working to solve power supply and work space shortages of the manufacturing enterprises).
- ለአምራች ኢንዱስትሪዎች በስድስት ወራት ውስጥ የተለቀቀው የውጭ ምንዛሪ ከሚጠበቀው በታች መሆኑ ተነገረ (Foreign exchange allotted for manufacturing was below expectations industries in the past six months).
- China, Ethiopia strengthen apparel sector ties with new MOU.
- Ethiopia Earns USD 702 Million from Coffee Export.
- Fishy Plight.
- $14mln Worth Of Borana Water And Sanitation Project Launched To Alleviate Impacts Of Severe Droughts.
- Ethiopia, China Discuss Ways Of Enhancing Cooperation In Agriculture Sector.
- Ethiopia eyes $150 million fee for Safaricom’s M-Pesa entry.
- ሳፋሪኮም በኢትዮጵያ የገበያ ዕድሎች ላይ ትልቅ ተስፋ እንዳለው ገለጸ (Safaricom expressed great confidence for Ethiopia’s market opportunities).
- Ethiopian Delegation, Alibaba Group Leadership Discuss Future Cooperation On E-Commerce.
- Ethiopia’s Taskmoby to Race for Funding in MultiChoice Startup Accelerator.
- Ethiopian Bags two STAT Trade Times Cargo Excellence Awards.
- Authority Calls On Private Sector To Invest In Aviation Industry.
- Ministry Proposes Commercializing Public Transport.
- Electric Vehicle Drivers to Benefit from New $25m Charging Station Network.
- What Internet Shutdown Posit about Ethiopia’s World Standing?.
- Ethiopian Hospitality and Tourism Enterprises Excel in Performance Dialogue with EIH.
- Educational Materials Production and Distribution Enterprise Reports 239% Increase in Profit.
- China’s CHONGQING Pharma Expresses Interest To Invest In Ethiopia.
- EU Keen On Working In Cooperation With Ethiopia In Health Sector.
- UK Keen On Supporting Efforts To Enhancing Health Services In Ethiopia.
Financial News
- ልማት ባንክ የተበላሹ ብድሮችን እስከ ሰኔ ወር ወደ ሁለት በመቶ አደርሳለሁ አለ (DBE set to lessen its non-performing loans to two percent by June of this FY).
- Goh Betoch forms subsidiary to create access to affordable housing.
- Lion Insurance Steady Profit Growth Amid Declining Share Earnings.
- “No room for invention!” allude mobile money providers over NBE draft directive.
- Bank partnership mandatory for digital remittance.
- NBE Sees ‘Great Potential’ in Ties with Chinese Central Bank.
Policy and Regulatory News
Archive
- THE WEEK OF FEBRUARY 14 – FEBRUARY 21, 2023
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- 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
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- THE WEEK OF DECEMBER 31 – JANUARY 8, 2020
- THE WEEK OF DECEMBER 24 – DECEMBER 31, 2019
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- THE WEEK OF SEPTEMBER 3 – SEPTEMBER 10, 2019
- THE WEEK OF AUGUST 27 – SEPTEMBER 3, 2019
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- THE WEEK OF AUGUST 6 – AUGUST 13, 2019
- THE WEEK OF JULY 30 – AUGUST 6, 2019
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- 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.