The week of MAY 3 - May 10, 2022
Macroeconomic News
Sector News—Industry, Agriculture, Services
- Housing Corp. eligible for more loans despite 54 billion birr debt.
- ዳሸን ቢራ7 ቢሊዮን ብር የፈጀ ማሳፋፊያ ፕሮጀክቱን አጠናቀቀ (Dashen Beer completes it’s 1.7bn Birr expansion project).
- Three companies vie for Ayka Addis.
- Ethiopia opts to export electricity to five additional African states.
- Ethiopia Plans to Export 100 MW Electric Power to South Sudan in Three Years.
- Retail Prices at Gas Stations Jump.
- በሚያዚያ ወር ብቻ ከ8 ቢሊዮን ብር በላይ ለነዳጅ ድጎማ እንደተደረገ ተገለጸ (More than 12.8bn Birr was subsidized for fuel in the month of April alone).
- Ethiopia, Djibouti Strike A Deal For Development Of Oil Storage Facility In DDIDFZE.
- በዘጠኝ ወራት ከቆዳና የቆዳ ምርቶች ፭፪።፭ሚሊዮን ዶላር ገቢ ተገኘ (LIDI earned $ 52.5mn from leather and leather products in nine months).
- PM Launches Nat’l Manufacturing Industry Movement to Enhance Competitiveness.
- AL Asalah Electromechanical Contracting Company Keen to Invest in Ethiopia.
- Geological Mapping Crucial to Promote Mining Investment in Ethiopia: AMGC Director-General.
- 446 manufacturing industries in Ethiopia stopped production.
- የሲሚንቶ ፋብሪካዎች አከፋፋይ ወኪሎቻቸውን ከግብይት ሥርዓቱ እንዲያስወጡ ታዘዙ (Cement factories ordered to detach their distribution agents from the trading system).
- Uganda, Ethiopia To Partner In Construction Sector.
- Over 600,000 Ha Of Land Covered With Two Rounds Of Summer Irrigation.
- Bill Pushes Cluster Farming Expansion to Hundreds of Weredas.
- Export slumps as farmers shun exporting crops.
- Freight Associations Hit With Wheat, Fertiliser Transport Quota.
- Grow to Perish: Fleeting Success in Horticulture.
- Summer Wheat Production Progressing Well, Says PM Abiy.
- Livestock Market Information System Useful for Regional Livestock Trade: Ministry.
- Oromo region of Ethiopia shuts down Ethiopian Commodity Exchanges Branches.
- Forum Discuss About Creating Market Linkage for Ethiopian Coffee in China.
- Chinese Coffee Association Vows To Work Closely With Ethiopian Producers, Traders.
- Ethiopia goes 5G.
- ኢትዮ ቴሌኮምን ወክለው ከሚሠሩ ሰባት ድርጅቶች ሽያጭ ብቻ8 ቢሊዮን ብር እንደሚገኝ ተገለጸ (Ethio telecom expected to earn 43.8bn Birr from its’ agents sales).
- Ethiopia Elected As One Of Eight Digital Transformation Hubs In Africa.
- ITU Launches Digital Transformation Centers in Ethiopia to Enhance Nation’s Digital Capacity.
- ‘ታፕታፕ’ የተሰኘው ዲጂታል ሃዋላ ሰጭ አገልግሎቱን በኢትዮጵያ ለማስፋፋት አስቧል (‘Taptap’ plans to expand its digital transfer service in Ethiopia)
- Dashen, Safaricom, NIDP ink MOU to issue digital IDs.
- AFRAA, Ethiopian Airlines Agree To Cooperate To Boost African Aviation.
- Warka program launches to excel Ethiopian startups.
- Shipping Enterprise Seeks CBE Defers $67m in Loans.
- Hawassa city Admin, shipping enterprise spar over dry port project.
- Moyale Town to See Half Billion Birr Market Centre.
Financial News
Policy and Regulatory News
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- THE WEEK OF APRIL 26 – MAY 3, 2022
- THE WEEK OF APRIL 19 – APRIL 26, 2022
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