The week of June 13 - June 20, 2023
Macroeconomic News
- MoF, Parliament Mull Over Draft Homegrown Economic Reforms Agenda II.
- IMF stands behind Ethiopia’s homegrown economic reforms.
- Consultations on Second Economic Reforms Agenda Gets Underway.
- Govt’s Tax revenues in May up by 28% to Over 34.5bln Birr.
- የግንቦት ወር አጠቃላይ የዋጋ ግሽበት8 ከመቶ ሆኖ ተመዘገበ (The general inflation for May registered to be 30.8 percent).
- Ethiopia pins hopes on debt bill to woo private creditors.
- The Budget Bill: A Precarious Walk Between Ambition and Reality.
- Finance Ministry locks in a lean budget with self reliance at heart.
- Zero tariffs unlock UK market, Ethiopia’s exports set to soar.
- UK offers duty break to lift Ethiopia trade, backs WTO push.
- UK Stands Ready To Champion Ethiopia’s Place In Global Rules-Based Trading System: Minister.
- Ethiopia, UK Ink MoU To Cement Cooperation In Trade, Investment.
- Ethiopia, Germany Partnership Growing Steadily: Amb. Auer.
- Number Of Italian Companies In Ethiopia To Grow In Coming Years: ITA Head.
- Greek Investors Show Interest To Invest In Ethiopia.
Sector News—Industry, Agriculture, Services
- Mekele Industrial Park On The Verge Of Returning To Full Operations.
- Milton Industries Keen On Engaging In Manufacturing Canned Fish Processing Plant In Dire-Dawa FTZ.
- Korean Agency’s $10mln Project to Support Local Footwear Industries.
- Ethiopia’s Energy Market: Challenges and Solutions for Sustainable Growth.
- በኦሮሚያ ከተመዘገቡ የኢንቨስትመንት ፕሮጀክቶች ሥራ የጀመሩት 43 በመቶ መሆናቸው ተረጋገጠ (Only 43 percent of the registered investment projects have started work in Oromia).
- Ethiopia suspends Chinese assembled Volkswagen EVs at firm’s request.
- Ethiopia’s 11-month Coffee Export Generates $1.15 Billion.
- Ethiopian Coffee Scoops The 6th African Food Awards.
- የግብርና ሥራዎች ኮርፖሬሽን ካፒታሉን ወደ5 ቢሊዮን ብር ለማሳደግ ያቀረበው ጥያቄ ይሁንታ ሊያገኝ ነው አለ (The Agricultural Business Corporation of Ethiopia’s proposal to increase its capital to 7.5bn Birr set to be approved).
- Minister Calls For Improved Financial Accessibility To MSMEs To Realize National Scheme.
- Ethiopian Airlines Swoops Five Prestigious Awards At SKYTRAX World Airline Awards.
- Ethiopian Airlines Secures $6.1 Billion in annual Revenues.
- Ethiopian Airlines flies high with 20% increase in earnings despite global challenges.
- Aviation Authority Pins Hope on Leonardo Deal to Rescue Aging Radar System.
- Ethiopian Airlines keen to diverse market base.
- MoTL Reiterates Ethiopia’s Continued Commitment Towards Implementation Of SAATM.
- ሳፋሪኮም ኤምፔሳን ለማስጀመር ሙከራ እያደረገ እንደሚገኝ ታወቀ (Safaricom set to launch M-PESA).
- Wingu’s data web to grow beyond Addis.
- A new dawn for data: Wingu launches a 50 million dollar center.
- RIDE joins wingu.africa ecosystems to expand transportation services in Ethiopia.
- Visa launches new initiatives to support fintech start-ups, women entrepreneurs in Ethiopia.
- Gaps In Digitalization Of Ethiopia’s Logistics Sector.
- UN’s $2.4bln peace rebirth plan for Ethiopia’s ravaged north takes flight.
- Ethiopia still nursing 28.7 billion USD in conflict wounds, study shows.
- Ethiopia Determined To Continue Cooperation With Germany In TVET, Skill Dev’t – Ministry.
- USAID Launches a $12 Million (650 Million Birr) Health Resilience Project to Bolster Ethiopia’s Response to Emergencies.
Financial News
- Central bank vice governor downplays liquidity shortage concerns.
- Central bank deploys ‘regulatory sandbox’ to expand financial sector.
- Mortgage financier, Goh Betoch, lobbies for a housing fund.
- Selam Bank ‘Is not to be!’.
- Hopes for increased competition in Ethiopia’s banking system.
- Ethiopian Insurance Industry Next-In-Line for Foreign Market Entry.
- Ethiopia indicates insurance industry’s probable opening for foreign firms.
Policy and Regulatory News
Archive
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- THE WEEK OF MARCH 12 – MARCH 19, 2019
- THE WEEK OF FEBRUARY 25 – MARCH 2, 2019.