The week of January 21 - January 28, 2020
Macroeconomic News
- የገቢዎችሚኒስቴርበስድስትወራትከ127 ቢሊዮንብርበላይሰበሰበ(MoR collected over 127bn Birr within six months).
- FDI inflow drops to USD 2.5 bln.
- FDI inflow to Ethiopia Dwindled by USD1.5 billion since 2017: Report.
- Ethiopia Biggest FDI Recipient in East Africa: UNCTAD Report.
- Ethiopia Underpinning Reform to Create best Investment, Trade Destination.
- Ethiopia’s reformist leader Abiy Ahmed woos private sector investors to fuel economic growth.
- Deputy PM Says Home-grown Economic Reform Will Help Attract FDI.
- Deputy Premier Says Ethiopia Working for Continental Economic Integration.
- Nation Expanding MSMEs to Ensure Financial Inclusion: Ministry of Finance.
Sector News—Industry, Agriculture, Services
- Ministry grants five mineral exploration licenses.
- Bishoftu automotive scales up assembly plant.
- Nation to Get New Dry Port Next Week.
- Enterprise to Build Biggest Logistics Hub in Ethiopia with 150 Mn USD.
- Indian Manufacturers Group Keen to Invest in Ethiopia.
- Ethiopia Unveils Mega Irrigation Projects.
- Ministry Targets to Irrigate over 1 million Hectares this Ethiopian Year.
- Gov’t to Distribute over 124,000 Hectares for Youth Irrigation Development Projects.
- Ministry Launches Pump and Engine Testing Center.
- Desert Locusts Infests 235,000 hectares of Land in Ethiopia.
- Oldest Laboratory Builds New Headquarters.
- Privatization of Sugar Plants, Telecom Well Underway, Says Finance Ministry.
- Public institutions trail audit deadlines.
- Ethiopian invests heavily on digital technology.
- City looking for partnership with private banks.
- Chinese hotel franchising giant to open a five star hotel in Ethiopia.
- Association aims to boost innovation.
- Service to start direct procurement.
- Ethiopia Prioritizes Improve Logistics, Transport Services to Uplift Economy: Deputy PM.
- Ethiopia to establish AI research center.
- Ethiopia to Establish Its First-Ever Artificial Intelligence Research Centre.
- Nigeria’s Paga acquires Apposit, confirms Mexico and Ethiopia expansion.
- Ethiopia offers a lucrative but tough market for Paga.
- ኢትዮቴሌኮም5 ቢሊዮንብርየዱቤአየርሰዓትሽያጭአከናወነ(Ethio Telecom earn over 6.5bn Birr from airtime credit service).
Financial News
- Cash Strapped.
- Liquidity crisis hits banking industry hard.
- በግማሽዓመቱየግልባንኮችከ400 ቢሊዮንብርበላይተቀማጭሒሳብአስመዘገቡ(Private Banks collected over 400bn Birr deposit).
- Central Bank Avails 1.2 billion Dollars to State Bank.
- Commercial Bank of Ethiopia Garners 31.8bln Br Revenue in Six Months.
- CBE brings $1.7 billion remittance to Ethiopia in six months.
- Oromia Insurance Boosts Profit, Capital.
- Debub Global Increases Shareholder Return to Industry Average.
- Banking expansion in Ethiopia, inherent shortcomings.
- Qatari Businesses Comes to Ethiopia in Matchmaking Mission.
- Qatar bank to explore business opportunities in Ethiopia.
- በኤክሳይስታክስምክንያትየኢንሹራንስዋጋሊጨምርእንደሚችልይጠበቃል(Insurance cost may surge following the new excise tax).
Policy and Regulatory News
Archive
- 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.