The week of October 20 - October 27, 2020
Macroeconomic News
- Dev’t Plan Ought to Rise to Occasion of Epoch-making Change.
- IMF projects Ethiopian growth to return to pre-pandemic rates by 2022.
- IMF Projects Ethiopia’s Growth to Flatten Next Year.
- IMF predicts a further downhill GDP growth.
- የ አገሪቱ የንግድ ሚዛን ጉድለት መሻሻሉን ብሄራዊ ባንክ አስታወቀ (Ethiopia’s trade deficit has improved, NBE).
- Q1: Ethiopia’s Trade Deficit Declines to 2.6bln USD.
- EIC says $500 mln generated from FDI amidst pandemic woes.
- FDI Flow Grapples with Political Instability, COVID-19.
- Senior Gov’t Officials Hope to Complete WTO Accession by Next Year.
- Foreign Affairs State Minister, UAE Ambassador Discuss Investment Prospects in Ethiopia.
- PM Abiy Holds Discussion with Macro-economic Committee.
- Gov’t Taking Tangible Measures to Lower Inflation, Say Officials.
- How formalizing informal exporters supports Ethiopian economy.
- State Minister Calls For More UAE Investment In Ethiopia.
- Dialogue Promotes Business, Investment Opportunities Between Ethiopia, US.
Sector News—Industry, Agriculture, Services
- Looming Grid Code to Regulate Power Transmission.
- DMP certified by ESLSE Port handles record unloading of bulk cargo.
- Ethiopia Earns 40 Mln USD from Textile Export in Quarter.
- Ministry Exerts Effort to Complete Koysha Hydropower Project in Three Years.
- MoTI holds the second integrated agro-industrial parks project steering committee meeting.
- Over 2.1bln Birr Hayk-Bistima-Chifra Road Construction Begins.
- Deputy PM Launches Construction Of Gimba-Tenta Junction Road Project.
- Megado Gold hits ASX boards ahead of Ethiopia gold drilling.
- Ethiopia has worst locust invasion in 25 years.
- PM Abiy Urges for Immediate Action as Large Areas of Crops Destroyed by Locust Swarm.
- Ethiopian Completes Assembling Helicopters To Fight Desert Locust.
- Avo trial opens door for Ethiopian produce exports.
- Family Milk of Ethiopia to commence export.
- Exploring Ethiopian Heirloom Coffee Varieties.
- GIZ working on establishing Ethiopian forest coffee on the international market.
- Two Telecom Bidders to Join Ethiopian Market on March-April 2021.
- Meeting Reviews Progress Of Telecom Sector Reform Activities.
- Ethiopian Airlines Wins Business Traveller Awards 2020.
- De Havilland Canada delivers two Dash 8-400 aircraft to Ethiopian Airlines.
- Ethiopian Airlines taps AI’s predictive power to personalize passenger experiences and grow revenue.
- Couriers Back in Business Following Gov’t Ban.
- Ethiopian Diaspora Contribute over 280,000 USD for Dine for Nation Project.
Financial News
- Banks’ Deposit Level Increases Sixfold: Governor.
- ባንኮች ካፒታላቸውን ማሳደግ ወይም መዋሀድ ግድ እንደሚላቸው ተጠቆመ (Banks need to merge or raise their capita, PM).
- Ethiopian Banks Provide 85 Percent of 55 Billion Birr Loan for Private Sector.
- Nib Accelerates Transition to Digital Banking.
- የባንኮች የሚሰበስቡት ተመላሽ የብድር መጠን እየቀነሰ መምጣቱ አሳሳቢ መሆኑ ተገለጸ (The declining loan repayment is concerning, NBE).
Policy and Regulatory News
Archive
- THE WEEK OF OCTOBER 13 – OCTOBER 17, 2020
- THE WEEK OF OCTOBER 6 – OCTOBER 13, 2020
- THE WEEK OF SEPTEMBER 29 – OCTOBER 6, 2020
- THE WEEK OF SEPTEMBER 22 – SEPTEMBER 29, 2020
- THE WEEK OF SEPTEMBER 15 – SEPTEMBER 22, 2020
- THE WEEK OF SEPTEMBER 8 – SEPTEMBER 15, 2020
- THE WEEK OF SEPTEMBER 1 – SEPTEMBER 8, 2020
- THE WEEK OF AUGUST 25 – SEPTEMBER 1, 2020
- THE WEEK OF AUGUST 18 – AUGUST 25, 2020
- THE WEEK OF AUGUST 11 – AUGUST 18, 2020
- THE WEEK OF AUGUST 4 – AUGUST 11, 2020
- THE WEEK OF JULY 28 – AUGUST 4, 2020
- THE WEEK OF JULY 21 – JULY 28, 2020
- THE WEEK OF JULY 14 – JULY 21, 2020
- THE WEEK OF JUNE 30 – JULY 14, 2020
- THE WEEK OF JUNE 23 – JUNE 30, 2020
- THE WEEK OF JUNE 16 – JUNE 23, 2020
- THE WEEK OF JUNE 9 – JUNE 16, 2020
- THE WEEK OF JUNE 2 – JUNE 9, 2020
- THE WEEK OF MAY 26 – JUNE 2, 2020
- THE WEEK OF MAY 19 – MAY 26, 2020
- THE WEEK OF MAY 12 – MAY 19, 2020
- THE WEEK OF MAY 6 – MAY 12, 2020
- THE WEEK OF APRIL 28 – MAY 6, 2020
- THE WEEK OF APRIL 21 – APRIL 28, 2020
- THE WEEK OF APRIL 14 – APRIL 21, 2020
- THE WEEK OF April 7 – APRIL 14, 2020
- THE WEEK OF MARCH 31 – APRIL 7, 2020
- THE WEEK OF MARCH 24 – MARCH 31, 2020
- THE WEEK OF MARCH 17 – MARCH 24, 2020
- 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.