The week of October 27 - November 3, 2020
Macroeconomic News
- Ethiopia Economy is Accelerating, While it is Dealing With The Pandemic Pressures.
- Tackling the impacts of COVID-19 is imperative to Ethiopia’s journey to prosperity.
- IMF predicts a further downhill GDP growth for Ethiopia.
- Crossing the Rubicon of hyperinflation in Ethiopian Economy.
- Call off duty.
- Ethiopia secures USD 1.1bln in FDI inflows: UNCTAD.
- Ethiopia secures over 832 Mil USD from export trade in 1st quarter.
Sector News—Industry, Agriculture, Services
- Works Underway To Privatize 10 Sugar Factories: Ministry.
- የአውስትራሊያው ኩባንያ በኢትዮጵያ የኃይል ማመንጨት ዘርፍ አሥር ቢሊዮን ዶላር ኢንቨስት ለማድረግ ተስማማ (Australian company agrees to invest $10 billion in Ethiopia’s power sector).
- The Ethiopian Shipping and Logistics aspire for another successful year.
- PM Abiy inaugurates development projects in Eastern Ethiopia.
- Sudanese, Ethiopian leaders visit Chinese-built industrial parks.
- PM Abiy Launches a 6 Bil. Birr Road Project in Gode.
- Ethiopian Road Fund Garners 733mln Birr in Three Months.
- Construction Industry Envisions 1.5M New Jobs In Five Years.
- US-based PepsiCo eyes Ethiopia investment.
- Chinese Prominent Steel Industry Firm to Explore Investment possibilities in Ethiopia.
- Over 6 Million USD Fund launched to Protect Textile Industry Jobs in Ethiopia.
- ECX to trade industrial products.
- Local Steel Plant Marks First Telecom Tower Export.
- Ethiopia invites Chinese steel companies to explore investment opportunities.
- ETHIOPIA: DFC awards $1.55 million grant to Tulu Moye geothermal project.
- ከሁለት ቢሊዮን ብር በላይ ወጪ የሚገነባው የኬሚካል ማምረቻ ፋብሪካ ወደ ምርት ሊገባ መሆኑ ተጠቆመ (Chemical plant being built at a cost of over two billion Birr set to be operational).
- የሞባይል መገጣጠሚያ ኩባንያዎች ከ16 ወደ 5 ቀነሱ (Mobile phone assembly companies fall from 16 to 5).
- Desert Locust Swarms No More Threats: Ministry of Agriculture.
- During the current season 335 million quintals of produce to be harvested.
- Ethiopian American company eyes partner to diversify agribusiness.
- PM Abiy Visits Gode Irrigation Dam In Somali Region.
- Service makes lucrative international tender for local bidders.
- The race for the lucrative wheat bid.
- Durabilis Confirms Huge Export Potential For Ethiopian Produce.
- ባለፉት ሦስት ወራት ከቡና ሽያጭ ከ184 ሚለዮን ዶላር በላይ ገቢ ተገኘ (Over $184mn revenue generated from coffee sales during the past 3 months)
- Scaling up center’s effort to improve productivity.
- Raxio Group to build the first certified tier III data center.
- Raxio to build Ethiopia’s first ever private data centre.
- [Ethiopia] BringCom announces new partnership and interconnect agreement with Ethio Telecom.
- Telecom’s privatization, liberalization draws a step closer.
- PM directs team to proceed with telecom privatization, liberalization.
- Ethiopian Airlines Wins 2020 Best Cargo Airlines-Africa Award.
- Ethiopian Airlines Wins Business Traveller Awards 2020.
- Education Ministry spends a billion Birr on face masks.
- Expert panel outlines bold vision for economic, technological advancements in Ethiopia.
- Evolvin’ Women Dubai, Ethiopian Female Entrepreneurs Sign MoU.
- Asbeza delivery eyes ecommerce boost in Addis Ababa.
- MiNT Striving To Succeed In Digital Transformation Drive.
Financial News
Policy and Regulatory News
- Nation Finalizing 20 Years Mining, Petroleum Policy.
- ኢትዮጵያውያን በውጭ ገንዘብ ሒሳብ ከፍተው እንዲያስቀምጡ የሚፈቅድ ረቂቅ መመርያ ሊተገበር ነው (A draft directive that allow Ethiopians to open and deposit foreign currency accounts to be implemented).
- First quarter fiscal year update and capacity building plans.
- Bill Includes Private Sector in Construction Equipment Valuation.
- መንግሥት በስኳር ላይ የጣለውን ኤክሳይስ ታክስ ሊያነሳ ነው (Government to lift the excise tax on sugar).
Archive
- THE WEEK OF OCTOBER 20 – OCTOBER 27, 2020
- THE WEEK OF OCTOBER 13 – OCTOBER 20, 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.