The latest discussion and analysis of the Ethiopian economy.
(Part II) By Dr. Suleiman Walhad January 19th, 2023 In his book “The Prize” Daniel Yergin, noted in the prologue that it does not appear that the hydrocarbon man would give up his cars, or …
The Horn of Africa States The Potential of Oil and Gas in Regional Integration Read More »
By Dr. Suleiman Walhad December 15th, 2022 Fiat money is generally defined as the currency issued by a government through its central bank. Such a currency is often backed by the economy of such a …
The Horn of Africa States Fiat Money Versus Gold Read More »
Addis Ababa (AFP) – “Everything is increasing except our wages,” Ethiopian porter Zerihun told AFP, summing up the financial crisis facing the Horn of Africa nation as it reels from skyrocketing inflation and an economic slowdown. …
‘Everything increasing except wages’: inflation batters Ethiopia Read More »
Tsegaye Tegenu (PhD) At the end of 2021, the Ethiopian Parliament adopted a law establishing a National Dialogue Commission. One of the objectives of the Commission is to end the ongoing armed conflicts and promote …
Creation of economic prosperity roadmap for Ethiopia Read More »
Ethiopian Finance Minister The decision to open up the banking sector to foreign investors will help to attract Foreign Direct Investment (FDI), advance financial inclusion, and create service competitiveness, Finance Minister Ahmed Shide said. The …
Opening Banking Sector to Foreign Investors Lures FDI, Advances Financial Inclusion Read More »
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 citizens far from the front are pleading for peace. Ethiopians are …
As the Economy Struggles TPLF renewed its terror war against the Ethiopian people Read More »
BY PHILIP PILKINGTON This week it was announced that Iran and Argentina had applied to join the BRICS. The BRICS — which until recently has been made up of Brazil, Russia, India, China, and South Africa …
A new global reserve currency will undermine US dollar supremacy Read More »
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 session led by the Prime Minster assessed the country’s economic journey …
Is the Economy of Ethiopia Progressing? Open Letter to the Prime Minster and Government Read More »
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 standards which enable financial activities including financial intermediation. In the Horn of Africa States, the …
The Horn of Africa States and Its Financial Infrastructur Read More »
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 neighboring countries have offered a lucrative prospect for profit through cross-border …
$400M worth of petroleum smuggled out of the country Read More »
By Habtamu Share companies are one form of business organization that often issue shares to raise capital for operational and strategic reasons. In other countries, shares of public companies are traded on regulated stock exchanges. …
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 recently threatened to impose sanctions on Ethiopia due to the conflict …
