July 30
Ethiopia: Ethiopian Airlines Defends Transporting Live Monkeys to US As 'Complying With Aviation Rules'
Ethiopian Airlines has defended its transportation of live primates to the US for laboratory use as complying with "international aviation" rules, following criticism from the… Read more »
July 29
Ethiopia: News - Birr Devaluates By Initial 30 Percent As Ethiopia Introduces Market-Based Exchange Regime
The National Bank of Ethiopia (NBE) announced today a shift to a market-based exchange regime as part of a major revision of the country's foreign exchange (FX) system. The move… Read more »
July 25
Ethiopia: Amhara Region Reports Security Challenges Disrupting Transportation, Farming Despite Improvements
The Amhara regional government has reported that despite some improvements, significant security challenges remain, including disrupted transportation and issues with farming… Read more »
July 24
Ethiopia: Health Workers At Shone Hospital in Central Ethiopia Region Stage Third Strike Over Unpaid Salaries
Over 300 staff members at Shone Primary Hospital in the Badawacho district, Hadiya zone of Central Ethiopia Regional State, are on strike since Friday, 19 June 2024, due to two… Read more »
July 23
Ethiopia: Ethiopia, UAE Launch '5 Million Ethiopian Coders' Initiative in Addis Abeba
A joint initiative between Ethiopia and the United Arab Emirates (UAE) dubbed "5 Million Ethiopian Coders" is launched today in Addis Abeba in the presence of Prime Minister Abiy… Read more »
July 16
Ethiopia: CBE's Profit Before Tax Surges Amid Challenges, Notably 'System Glitch'
The state-owned Commercial Bank of Ethiopia (CBE) successfully reversed the downward trend in its profit before tax during the recently concluded fiscal year. Read more »
Ethiopia: A Plea for Evidence-Based and Relevant Monetary Policy
In pursuit of its primary objective of maintaining low and stable inflation, the National Bank of Ethiopia (NBE) recently declared a shift to an interest rate-based monetary policy… Read more »
July 15
Ethiopia: Internet Services Resume Across Amhara Region After Near Year-Long Shutdown
Data internet services have been restored in 19 cities across Ethiopia's Amhara region, ending a shutdown that began in August 2023. Read more »
July 11
Ethiopia: Ethiopian Airlines Claims $211,000 Owed By Nigeria Over Failed Airline Venture
Ethiopian Airlines CEO Mesfin Tasew has informed Nigeria's Economic and Financial Crimes Commission (EFCC) that the country's Ministry of Aviation owes the airline $211,000 for… Read more »
July 10
Ethiopia: How Urban Redevelopment Is Changing Addis Abeba's Health Outlook
In Addis Abeba, the new corridor development project is poised to bring about significant changes to the city, enhancing both the economy and the wellbeing of its residents. This… Read more »
July 09
South Sudan: Ethiopia-South Sudan Economic Integration: Why Infrastructure Connectivity Is Key for Peace and Prosperity
Historical Context and Diplomatic Ties Read more »
July 08
Ethiopia: Making Economic Sense of Addis Abeba's Corridor Development
The historical capital of Ethiopia is seeing a facelift. Extending in at least three directions from the old city center - Piassa - the urban redevelopment project, named the… Read more »
July 01
Ethiopia: Study Finds Median Wage in Ethiopia At 3,000 Birr - ILO Pushes for Minimum Wage Reform
Ethiopia's discourse on the minimum wage received a fresh push with a study presented by the International Labour Organization (ILO) last week. Read more »
June 24
East Africa: Ethiopia Leads East Africa in Foreign Direct Investment
Ethiopia emerged as the leader in attracting foreign direct investment (FDI) in East Africa last year, according to the World Investment Report published by the United Nations… Read more »
June 21
Ethiopia: New VAT Amendment Sparks Heated Debate Over Taxing Essential Services
As the current fiscal year draws to a close, legislators have been intensely debating a series of critical bills. These include a draft proclamation regulating civil servants and a… Read more »
June 19
Ethiopia: Auditor General Exposes Rampant Financial Mismanagement, Massive Overdue Receivables
On Tuesday, 18 June, 2024, Meseret Demisse, the head of the Office of the Federal Auditor General, presented a startling report to the House of Peoples' Representatives. Read more »
June 11
Ethiopia: Ethiopian Coffee Booms Despite Looming EU Regulation
Ethiopia's coffee industry is experiencing a robust year, with exports reaching a staggering $1.2 billion in the past 11 months, according to the Coffee and Tea Authority. Read more »
June 10
Ethiopia: Ethiopia Gears Up for Economic Leap With First-Ever Stock Exchange
Ethiopia's financial landscape is currently on the cusp of a historic transformation as it gears up for the grand unveiling of its very first stock market, the culmination of over… Read more »
May 22
Ethiopia: Ethiopian Airlines Slashes Coffee Shipping Costs By Half, Aiming for a Caffeinated Boost in Asia, the Middle East
In a bid to encourage exporters, Ethiopian Airlines has halved the shipping cost of coffee to the Middle East and Asia, bringing it down to $1.5 per kilogram. Read more »
May 21
Ethiopia: Ethiopia's Economy Poised for 7.9 Percent Growth in Current Fiscal Year, Reports Minister Fitsum Assefa
Ethiopia's economy is on track for robust 7.9% growth in the current fiscal year, according to Minister of Planning and Development Fitsum Assefa. Read more »
May 15
Ethiopia: Ethiopia, Qatar Senior Commanders Discuss Cooperation in Military Technology
A delegation led by Qatar's Military Attaché to Ethiopia, Brigadier General Mohammed Ali Al Hajri met on Tuesday and discussed with Brigadier General Kebede Regasa,… Read more »
May 11
Ethiopia: Ethiopia, Djibouti Take Over Management of Ethio-Djibouti Railway After Six Years of Commercial Operations
Six years after to the commencement of the Ethio-Djibouti Railway's operations, the Chinese Railway Construction Corporation (CRCC) has formally relinquished management… Read more »
May 09
Ethiopia: Research Exposes Normalization of Gender-Based Online Violence Against Women in Ethiopia
A study released by the Centre for Information Resilience (CIR) has documented the widespread technology-facilitated gender-based violence (GBV) targeting women who participate in… Read more »
April 29
Ethiopia: Union Body Appeals for Peace, Economic Relief
The Confederation of Ethiopian Trade Unions (CETU) has called upon the government to address persisting conflicts through peaceful negotiations and offer economic assistance to… Read more »
April 17
Ethiopia: Golden Ambitions - War Legacy Impedes Tigray's Gold Mining Revival
For centuries, the art of gold mining has thrived in the lowlands of Western, Northwestern, and Central Tigray, where the riches of metallic minerals within the Precambrian… Read more »