ADDIS ABABA, Ethiopia (AP) — Ethiopia’s currency lost 30% of its value Tuesday, the day after the central bank began implementing a flexible exchange rate policy backed by the International Monetary ...
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Ethiopia's Natural Gas, Fertilizer Plants to Drive Trillion-Dollar Economy by 2040: Prominent Investment Advisor
Addis Ababa, September 30, 2025 (ENA) -- A prominent investment advisor and businessman described the 2.5 billion USD urea fertilizer complex deal between Ethiopia and Dangote Industries Limited, ...
Addis Ababa, August 30, 2025 (ENA)--Buying local products creates job opportunities for citizens and accelerates national economic growth, President Taye Atske Selassie said. The President inaugurated ...
ADDIS ABABA, Feb 3 (Reuters) - Ethiopia's economy is forecast to expand 10.2% in 2025-26, Prime Minister Abiy Ahmed said on Tuesday, higher than the finance ministry's projection of 8.9% given in ...
Ethiopia’s leader loves big projects. With a contentious megadam completed on the Nile, Prime Minister Abiy Ahmed now plans Africa’s largest airport and a nuclear power plant. But the landlocked ...
The National Bank of Ethiopia (NBE) is confronting a sharp paradox: while inflation is finally easing, liquidity and credit growth are surging far ahead of the nation’s economic expansion. The ...
The country plans to have a legal framework and regulatory sandbox in place for CBDC introduction “as necessary.” The National Bank of Ethiopia (NBE) has prepared two proclamations as part of an ...
ADDIS ABABA, July 8 (Reuters) - Ethiopia's Prime Minister Meles Zenawi has presided over years of double-digit economic growth for the desperately poor country but has watched the global recession ...
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