Tag: Ethiopian Economy

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Unrest Interrupts Ethiopia’s Economy

Over the past two months, events in Ethiopia have prompted us to check in on our forecast that Ethiopia is one of several countries emerging

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Ethiopia commissions largest industrial park in Africa

Ethiopia has commissioned the largest industrial park in Africa, signalling its intention to become one of Africa’s manufacturing hubs. The Horn of Africa nation, which is

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Ethiopia Earns U.S. $3.4 billion From Tourism

Ethiopia earned more than $3.4 billion from tourism receipts in the fiscal year that ended on July 7, a huge leap from last year’s revenues.

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African Development Bank grants $104m loan to boost Ethiopia’s power industry

The African Development Bank (AfDB) has granted $104m loan to the Ethiopia government to help boost its power industry. By 2020, Ethiopia intends to increase its

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Is Ethiopia Rising or Dancing while Standing Still?

The 25th episode of “Ginbot 20” was on show in Addis Abeba on May 28th. This is a melodramatic event, an anniversary of the 28th

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Ethiopian parliament approves a total budget of 274.3 Billion Birr ($ 12.57 billion) for the 2016/2017 fiscal year

The budget which was unanimously endorsed by lawmakers today has saw a 13.7 % rise compared to the previous year budget. Sudan Tribune has learnt that

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Ethiopia's growth rate drops

Economy slows down to single digit of 8.5 percent for first time in decade, Prime Minister Hailemariam Desalegn says Ethiopia on Tuesday said its economy slowed

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Ministry Facing 14.4 Billion Birr Budget Deficit

Ethiopia’s Ministry of Finance and Economic Cooperation faced 14.4 billion Birr budget deficit in the first six months of the current fiscal year. The Ministry

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Fuel Price Unchanged for March

Ethiopia’s Ministry of Trade announced fuel price will not change from March 8, 2016 to April 8, 2016. The Ministry explained world price for fuel had

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Ethiopia Reduces Fuel Retail Price

The Ministry of Trade revised fuel prices which are to be effective as of February 6, 2016, Fortune reported. The retail price of one liter of

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Fixing Agriculture In Ethiopia

A charity song, “We Are the World,” written by US award-winning singers Lionel Richie and the late Michael Jackson, raised more than $60 million in

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The Economist Focused On Shaping Ethiopia's Future

The Economist Focused On Shaping Ethiopia's Future

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