December 06, 2023
Ethiopia: Ethiopia's Digitally Empowered Labour Migration Initiative to the Gulf Region Sparks Controversy, Hope
When 18-year-old Abeba Teferi (name changed) left her family's modest home in Gondar city, located in Ethiopia's Amhara region, she had high hopes of "earning good money" as a… Read more »
Ethiopia: Rights Group Urges Tigray Govt to Address Joblessness Among Former Security Personnel
Human Rights First Ethiopia, a local human rights group, has called on the Tigray regional government to take urgent measures to address the plight of hundreds of individuals of… Read more »
November 28, 2023
Ethiopia: Addis Abeba Trade Bureau to Outsource Distribution of Subsidised Food Items
A week after the Addis Abeba City Administration Cabinet decided to outsource part of municipality services, the Addis Ababa Trade Bureau is gearing up to outsource six of its 11… Read more »
November 30, 2023
Ethiopia: Central Bank Foresees Promising Results in Tackling Inflation, Despite Reservations From Legislators
Mamo Mihretu, the governor of the National Bank of Ethiopia (NBE), spoke with confidence as he presented the institution's quarterly report to legislators on 29 November, 2023. In… Read more »
November 27, 2023
Ethiopia: Akobo Minerals Hits Gold Ore Body At Segele Mine in Gambella, Set to Start Pilot Production
Akobo Minerals has announced that it has hit a gold ore body underground at the Segele mine in Gambella region after 13 years of exploration. Read more »
November 13, 2023
Ethiopia: Ethiopian Khat Exporters Navigate Strict Pre-Licensing Requirements Amidst Call for Oversight, Increased Revenue
In a bid to improve oversight and increase export earnings, exporters of khat in Ethiopia are now mandated to undergo a rigorous registration process. This includes entering into a… Read more »
November 08, 2023
Ethiopia: Ministry of Trade Implements Stringent Registration Process for Khat Exporters
The Ministry of Trade has announced that khat exporters will now be required to undergo a rigorous registration process, which includes meeting newly issued pre-license… Read more »
November 03, 2023
Ethiopia: Credit Rating Downgraded By Fitch, Amplifying High Default Risk
Fitch Ratings, a renowned credit rating agency, has announced a downgrade in Ethiopia's long-term foreign currency issuer default rating (IDR). The country's IDR has been revised… Read more »
November 01, 2023
Ethiopia: Addis Abeba Trade Bureau Cracks Down On Sunday Market Traders Selling Overpriced Products
The Addis Abeba Trade Bureau began to take action against Sunday market traders who have been selling goods at prices higher than the ceiling. So far, administrative measures have… Read more »
October 27, 2023
Ethiopia: U.S, Official Reveals Ethiopia's Request for AGOA Eligibility 'Still Pending', Decision Unlikely At Upcoming Forum
A US State Department official has disclosed that the decision to reinstate Ethiopia's eligibility for the African Growth and Opportunity Act (AGOA) is "still pending". Constance… Read more »
October 25, 2023
Ethiopia: Third Round of GERD Talks Conclude in Cairo Without Outcome - Addis to Hold Next Round
The third round of talks regarding the rules and guidelines for the initial filling and operation of the Grand Ethiopian Renaissance Dam (GERD) concluded on 24 October in Cairo,… Read more »
October 24, 2023
Ethiopia: Banking Services Remain Absent in War-Torn Tigray Region Despite Peace Deal
People in Irob, a northeastern district of Tigray, have been facing the absence of banking services since the war broke out between the federal government and the Tigray Liberation… Read more »
October 18, 2023
Ethiopia: Govt Employees in Hadiya Zone On Strike Over Unpaid Salaries
Government employees in the East Badawacho district of the Hadiya Zone have been on a work stoppage since last week due to unpaid salaries for the past three months. This strike… Read more »
October 16, 2023
Ethiopia: IMF Forecasts Ethiopia GDP to Grow At Lower Rate Compared to Govt Figures
Ethiopia's economic growth projections have been the subject of contrasting reports, with the International Monetary Fund (IMF) projecting a lower growth rate compared to the… Read more »
Ethiopia: Privatisation of State-Owned Sugar Factories Progresses, Qualified Bidders to Be Revealed Soon
More than a year after the government issued the first invitation for investors to show their expression of interest, the privatization of eight state-owned sugar factories is… Read more »
East Africa: Ethiopia Plans to Earn U.S.$182 Million From Electric Power Export, Eyes Tanzania
Ethiopian Electric Power (EEP) has announced plans to boost electric power export to neighboring countries and earn more revenue in the current fiscal year. Read more »
October 13, 2023
Ethiopia: IMF Indicates Progress in Talks On Assisting Ethiopia's Economic Programme
Following a mission led by Alvaro Piris, the International Monetary Fund (IMF) has announced significant progress in discussions regarding potential support for the Ethiopian… Read more »
October 10, 2023
East Africa: Ethiopia Explores Cross-Border Transport Service With Djibouti in Effort to Foster Regional Connectivity
A high-level delegation from Ethiopia, led by State Minister for Transport and Logistics Bero Hassan, recently embarked on a journey to Djibouti. The primary objective of the visit… Read more »
October 02, 2023
Ethiopia: Ethiopia's Surprising Admission Into the Brics Elite Circle - Exploring the Role of Geopolitics, Economics
The recent BRICS summit, held in South Africa, sent shockwaves through global geopolitics as it unexpectedly welcomed six new nations into its ranks. On January, 2024, Argentina,… Read more »
September 20, 2023
Ethiopia: The Cascading Economic Effects in Ethiopia of the Prolonged Russia-Ukraine Crisis
The enmity between Russia and Ukraine has existed since the Crimea problem. Since 1991 there has been inherent tension in Russian-Ukrainian relations because the more Ukraine… Read more »
September 18, 2023
Ethiopia: Abused and Deceived: The Distressing Reality of Domestic Workers in Ethiopia
The plight of Ethiopian domestic workers in the Middle East has gained significant attention domestically, as stories of abuse, mistreatment, and violence against female domestic… Read more »
September 15, 2023
Ethiopia: Communications Authority Extends Deadline for Second Telecom License
The Ethiopian Communications Authority (ECA) has announced a 20-day extension for submitting requests for qualification (RFQ) for the coveted second full-service nationwide… Read more »
September 14, 2023
Ethiopia: Career Fellowship Supports Ethiopian Women to Enhance Agri-Food Policies
African Women in Agricultural Research and Development (AWARD) announced the Fellows in the second Cohort of its Gender Responsive Agriculture Systems Policy (GRASP) Fellowship.… Read more »
Ethiopia: National Bank of Ethiopia Greenlights Offshore Accounts for Strategic Foreign Direct Investments
The National Bank of Ethiopia (NBE) has approved strategic foreign direct investment initiatives to establish offshore accounts. This enables projects to conveniently deposit their… Read more »
Ethiopia: African Development Bank Group Approves U.S.$104 Million in Funding for a Power Transmission Project in Eastern Ethiopia
The Board of Directors of the African Development Bank Group has granted approval for a $104 million funding package to support a transmission project in eastern Ethiopia. The… Read more »