The week of March 22 - March 29, 2022
Macroeconomic News
- Ethiopia’s forex reserve plummets to USD 1.6 bln.
- Ethiopia’s dire search for alternative sources of financing.
- Economist stresses existing investments productivity to curb economic challenges.
- Economists highlight viable policy to lure substantial investment.
- Export market under sabotage, stress pundits.
- Ethiopia, Djibouti Explore Ways to Bolster Economic Ties.
Sector News—Industry, Agriculture, Services
- Public enterprises’ resilience generates double revenue.
- State liability firm clears 27 billion birr of debt.
- Final ultimatum to POLY GCL over petroleum project delay.
- Ethiopia petroleum import bill up 19 percent.
- American Company to Assess, Estimate and Certify Ogaden Oil, Gas Reserves.
- የማዕድ ን ሚኒስቴር በሲሚንቶ አቅርቦት ላይ ለሚፈጠረው ችግር የሲሚንቶ ፋብሪካዎችን ተጠያቂ አደረገ (The Ministry of Mines holds cement companies responsible for cement shortages).
- ምግብ የሚያቀነባብሩ 28 ፋብሪካዎች በመገንባት ላይ መሆናቸው ተነገረ (Around 28 food processing manufacturing companies under-construction).
- Hard currency shortage melts plastic industry.
- የብረታብረት አምራች ኢንዱስትሪዎች የምርት መጠን ከ20 ወደ 10 በመቶ ዝቅ ማለቱ ተገለጸ (Production capacity of steel manufacturing industries drops from 20 to 10 percent).
- ጨውን ለግብአት የሚጠቀሙ ኢንዱስትሪዎች እጥረት እንዳጋጠማቸው ተገለጸ (Industries that use salt as an input encounter supply shortages).
- Ethiopia to host round table about pharmaceutical investment opportunities.
- Struggle for wheat self-sufficiency: The new Ethiopian strategy.
- Local price of fertilizer sees 200% price hike.
- Ethiopia annual coffee export earnings grow 27.5 percent.
- ECA will re-launch bid for third telecom operator in September.
- Ethio telecom unlocks wireless broadband, gears up for historic competition.
- Comm’n Authorities Contemplate to Enforce Building Code for Telecom Infrastructure.
- Companies Ink Rental Deals with Wingu.Africa Data Centre.
- Ride-Hailing Companies Proliferate, Gov’t Remains Incognizant.
- Trade Ministry to Mandate Digital Registration, Seeks Help from Internet Cafes.
- Ethiopian airlines revenue doubles in a year.
- Ethiopian Airlines awarded Brazil’s Order of Rio Branco.
- New CEO Plans to take Ethiopian Airlines “to the next level”.
- Aviation firms call for Airports Enterprise, Ethiopian Airlines split.
- Japanese equity investor to inject capital in Ethiopian, African startups.
- Enterprise to decide on bidders’ demand for procurement of two vessels.
- Italian shipping company, Rimorchiatori Riuniti explores opportunities in Ethiopia.
Financial News
Policy and Regulatory News
Archive
- THE WEEK OF MARCH 15 – MARCH 22, 2022
- THE WEEK OF MARCH 8 – MARCH 15, 2022
- THE WEEK OF MARCH 1 – MARCH 8, 2022
- THE WEEK OF FEBRUARY 22 – MARCH 1, 2022
- THE WEEK OF FEBRUARY 15 – FEBRUARY 22, 2022
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- THE WEEK OF JANUARY 25 – FEBRUARY 1, 2022
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- THE WEEK OF NOVEMBER 28, 2021 – JANUARY 4, 2022
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- THE WEEK OF OCTOBER 26 – NOVEMBER 2, 2021
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- THE WEEK OF AUGUST 27 – SEPTEMBER 3, 2019
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- THE WEEK OF MARCH 12 – MARCH 19, 2019
- THE WEEK OF FEBRUARY 25 – MARCH 2, 2019.