The week of March 17 - March 24, 2020
Macroeconomic News
- WB Approves 500 Million USD in Grant, Loan to Ethiopia.
- Ethiopia gets Germany’s €100m grant to support economic reform.
- Ethiopia Sustains Reforms to Spur Growth and Boost Investment Climate and the Finance Sector.
- Economic analysis: #COVIDー19’s test to the Ethiopian economy.
- Ethiopia’s Economy already hurting due to the Coronavirus Pandemic.
- የኮሮናቫይረስኢኮኖሚያዊትኩሳቶች(Economic Impacts of Corona).
Sector News—Industry, Agriculture, Services
- ETHIOPIA: TMGO starts drilling at Tulu Moye geothermal site.
- በኮሮናቫይረስሥጋትየኢንዱስትሪፓርኮችንመጎብኘትተከለከለ(IPDC bans visits to Industrial Parks due to Corona Virus).
- የወርቅየወጭንግድገቢማሽቆልቆሉንቀጥሏል(Gold exports continue to shrink).
- ባመቱከቆዳኢንዱስትሪለማግኘትከታቀደውየውጭምንዛሬግማሽያህሉአልተገኘም(Leather exports below half of planned levels).
- COVID-19 Outbreak Puts Flower Exports in Danger.
- ኢትዮጵያከሶስትአመትበኋላበስንዴምርትራሷንትችላለችተባለ(Ethiopia to be self-sufficient in wheat within three years).
- Flower export plummets to zero.
- በስምንትወራትየቡናወጪንግድአፈጻጸም465 ሚሊዮንዶላርገቢተገኘ(Over $465mn revenue amassed from coffee exports in the past eight months).
- ምርትገበያበስምንትወራትከ26 ቢሊዮንብርበላይግብይትአከናወነ(ECX traded over 26bn Birr worth of commodities in the past eight months).
- Institute Working to Scale-up Livestock Insurance in Pastoralist Areas.
- High level delegation visits Djibouti to see the progress on fertilizer and wheat import.
- COVID-19 costs Ethiopian USD 190 mln.
- Local hospitality loses 50 percent market to COVID-19.
- Over 1,600 businesses, drug stores shut-down for price hikes, hording.
- COVID-19 hits some businesses hard, yet blesses others.
- Nation braces for the worst.
- Ethiopia Avails $154 Million To Combat COVID-19.
- COVID-19 in Ethiopia: USAID, Huajian Group and Jack Ma Foundation’s support to Ethiopia’s response.
- Ethiopia to benefit from WB’s $14b fund to contain COVID-19.
- Ethiopia’s Abiy seeks $150b for African virus response.
- USAID program to boost women’s role in education.
- Qatar Fund grants USD 18 mln for Kidney Treatment Center.
- Ethiopian Airlines negotiating with its suppliers for price reduction.
- Zambia, Ethiopia in US$30m deal to revive Zambia Airways.
- Ethio Telecom to Give Smartphones on Credit.
Financial News
- ጃኖ“የቴክኖሎጂናኢንቨስትመንት” ባንክበምስረታላይነው(Jano “A Technology & Investment” Bank under-formation).
- Dashen, United SC waive service fees.
- Dashen Bank stands with businesses, customers in these difficult times.
- Coop Bank Nets Huge Profit, Yet Earnings per Share Falls Off.
- Surge in Claims Shrinks Lucy Insurance’s Profit.
- ወጋገንባንክከ3 ቢሊዮንብርበላይየወለድአልባተቀማጭአሰባሰበ(Wegagen collected over 1.3bn Birr from IFB deposits).
Policy and Regulatory News
Archive
- 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.