The week of June 1 - June 8, 2021
Macroeconomic News
- Ethiopia’s ministers approve 18% rise in 2021-2022 budget -PM.
- Council of Ministers Approves Over 561 Bil Birr Proposed Budget for Upcoming FY.
- EU Business Forum Pledges to Support Ethiopia in Investment Areas.
- US Institutions Invited To Invest In Ethiopia.
- Finland Continues Dev’t Cooperation With Ethiopia: Finnish Amb.
Sector News—Industry, Agriculture, Services
- Ernst & Young to advise privatization of sugar factories.
- Ethiopia Earns Over $505m From Gold Exports In 10 Months.
- South African Company to Construct 500,000 Houses in Addis with 4.2 Bil USD.
- PM Abiy, High Officials Inaugurate 5.2bln Birr WA Edible Oil Factory In Debre Markos Town.
- Prime Minister Abiy Ahmed Inaugurates 19Bln Birr Tana Beles Sugar Factory One.
- Tana Beles I Sugar Factory Begins Operations.
- Ethiopia, China Hold Talks on Strengthening Economic Ties.
- KenGen commences drilling works for Ethiopian electric power company.
- Geothermal energy to support country’s future economic well-being.
- Partners launch green jobs project in leather tannery.
- Tigray State’s 70 percent agricultural land cultivated.
- says Distributing Over 12mln Quintals of Fertilizer For Meher Season.
- Megech Dam Project 70pct Completed.
- Rejuvenating coffee in Oromia.
- OP Finnfund Global Impact Fund I invests in EthioChicken, a forerunner in African poultry farming.
- FAO warns renewed desert locust infestation in Ethiopia, Somalia.
- Ethiopia tops list for global future Policy Award.
- የጤፍ ዋጋ በኩንታል እስከ 600 ብር ጭማሪ አሳየ (The price of teff has increased by up to 600 birr per quintal).
- Global Partnership for Ethiopia Pays 850 Mil USD Licensing Fee.
- The big deal to be sealed this week.
- Ethiopia: After Vodacom license win, Mondia Pay in joint-venture talks.
- Africa’s MTN will bid in second Ethiopia telecoms license round.
- Ethiopia’s promising but problematic telecoms privatisation.
- Tele Birr on path to become Ethiopia’s top digital wallet.
- The Great Bank Rush for Digital Gold.
- Huawei, AAU launch the first Huawei ict practice center in Ethiopia.
- Ethio Locate – Insights to Your Destination.
- Ethio-Djibouti Railway Earns 29mln US Dollars in Nine-Month.
- Ethiopia, World Bank Sign 250 Mln USD Financing Agreement to Bolster Basic Social Services.
- New Financial Reporting Under Review, Despite Ailing Interest.
- Cooperatives Yet to Utilise Half a Billion Birr in Loans.
- Last Three Years Witness Remarkable Milestones In Transportation, Logistic Sectors: PM.
- Agency Prepares to Erect Enterprise Marketplace.
- Nation Registers Encouraging Achievement to Transform Transport, Logistics Sector: PM Abiy.
- Ethiopia to construct four expressways connect with East Africa.
- Commission working for technology-based job creation.
- የኦሮሚያ ልማት ማኅበር ከአሥር ቢሊዮን ብር በላይ ወጪ የተደረገባቸው የልማት ሥራዎችን ማከናወኑን አስታወቀ (ODA invests over 10bn Birr worth of projects).
- Will Ethiopia pass the proposed Start-up Act in 2021?
- የአሜሪካ ተቋማት በኢትዮጵያ በሳይንስ፣ ቴክኖሎጂና ኢኖቬሽን ዘርፍ ለመሰማራት ፍላጎት እንዳላቸው ተገለጸ (US institutions interested to invest in in science, technology and innovation sectors in Ethiopia).
- Boeing Company Delegation, Commission Discuss Investment Opportunities In Ethiopia.
- Condor Electronics To Pay A Pre-Investment Visit To Ethiopia.
Financial News
Policy and Regulatory News
Archive
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