Opening Banking Sector to Foreign Investors Lures FDI, Advances Financial Inclusion
Ethiopian Finance Minister The decision to open up the banking sector to foreign investors will help to attract Foreign Direct Investment (FDI), advance financial
As the Economy Struggles TPLF renewed its terror war against the Ethiopian people
AP Economy Once home to one of Africa’s fastest-growing economies, Ethiopia is struggling as the war in its Tigray region has reignited and weary
A new global reserve currency will undermine US dollar supremacy
BY PHILIP PILKINGTON This week it was announced that Iran and Argentina had applied to join the BRICS. The BRICS — which until recently has
Is the Economy of Ethiopia Progressing? Open Letter to the Prime Minster and Government
Tsegaye Tegenu, PhD 2022-08-24 On August 3, 2022, The Ethiopian Government held its annual meeting to review the macroeconomic performance of the country. The
The Horn of Africa States and Its Financial Infrastructur
By Dr. Suleiman walhad May 30th, 2022 A financial infrastructure is generally the foundation of a financial system including the institutions, information, technologies and rules and
$400M worth of petroleum smuggled out of the country
Around 400 million dollars’ worth of petroleum has been illegally smuggled from Ethiopia in 2020/21 according to reports. The contrasting prices with markets in
Why Share Companies Fail in Ethiopia
By Habtamu Share companies are one form of business organization that often issue shares to raise capital for operational and strategic reasons. In other
Don’t Remove Ethiopia’s AGOA Trade Privileges
By Mamo Mihretu, a senior policy advisor to Ethiopian Prime Minister Abiy Ahmed and Ethiopia’s chief trade negotiator. OCTOBER 13, 2021 U.S. President Joe Biden
Ethiopia’s Economic Prosperity Vision-Strategy: Challenges of Old and New Recommendations
Tsegaye Tegenu, PhD September 14, 2021 To be economically prosperous, Ethiopia needs a formal vision-strategy document that reflects the consensus of the people. The
China’s Pathways to Economic Self-Reliance: Lessons for Ethiopia
Tsegaye Tegenu, PhD 2021-09-06 Self-reliance is a commitment to use the natural and human capital of the country to generate sustainable growth and employment
Ethiopia’s Economy Needs Strategies and New Policy Design
Tsegaye Tegenu, Ph.D. Senior Lecturer, Department of Social and Economic Geography, Uppsala University Researcher, Department of Human Geography, Stockholm University Researcher, Institute for Futures
Akobo gets a second drill rig working at Ethiopia project
BY: MARLENY ARNOLDI 8TH JULY 2021 Norway-based gold explorer Akobo Minerals has procured a second drill rig to start core drilling on the Segele gold project, in Ethiopia. The drilling is
Ethiopia issues tender to buy 400,000 tonnes of wheat
Reuters 26 Mar 2021 HAMBURG: The Ethiopian government has issued a new international tender to buy about 400,000 tonnes of milling wheat, European traders said
Boycott Racist Banks and Financial institutions
YOSEPH TILAHUN January 14, 2021 It is a daunting task to cure the disease spread by Weyane for the last thirty years. The diaspora
Q1: Ethiopia’s Trade Deficit Declines to 2.6bln USD
By Sisay Sahlu Ethiopian Monitor ADDIS ABEBA – Ethiopia’s trade deficit for the first quarter of 2020/21 fiscal year has declined to 2.6 billion