Ethiopia: The new China? | Ethiopia

The leaders of Eritrea and neighbouring Ethiopia have declared the end of a more than 20-year-long war, and it is hoped that it will help boost economic growth in East Africa. Ethiopia‘s... Read more »

Shortage of foreign currencies threatens Ethiopia’s economy | Ethiopia News

Ethiopia’s economy grew at a faster rate than any other African country in the past 10 years. But foreign investors and local businesses complain that a shortage of foreign currencies like the... Read more »

United Arab Emirates gives Ethiopia $1 billion lifeline to ease foreign exchange crisis

Minasse Wondimu Hailu/Anadolu Agency | Anadolu Agency | Getty Images Crown Prince of Abu Dhabi Mohammed bin Zayed Al Nahyan (L) meets Ethiopian Prime Minister Abiy Ahmed (R) at National Palace in... Read more »

Ethiopia: How Will Privatization of Mega Enterprises Benefit Ethiopia?

By Zelalem Girma The recent decision of Ethiopia’s ruling coalition EPRDF has fueled optimistic perspective among various sectors of the society and scholars who also forwarded advice that due care should be... Read more »

UAE to give Ethiopia $3 billion in aid and investments

The UAE will deposit $1 billion in Ethiopia’s central bank to ease a severe foreign currency shortage, government spokesman Ahmed Shide said. FILE: Ethiopia’s Prime Minister Abiy Ahmed delivers a... Read more »

Ethiopia’s economic reforms tipped to spur development

By NATION REPORTERMore by this Author The move by the Ethiopian government to open key economic sectors, among them Ethiopian Airlines, to foreign investment is likely to spur fast development of the... Read more »

South Africa telcoms MTN, Vodacom welcome Ethiopia’s liberalisation move

South Africa’s MTN Group and Vodacom Group have expressed interest in the Ethiopian market, following the announcement by the East African nation that it would partially liberalise its economy. Ethiopia said on... Read more »

Ethiopia opens up airline to private, foreign investors

News Wednesday, June 6, 2018 12:32 By REUTERS Ethiopian Airlines aeroplane at the Jomo Kenyatta International in Nairobi. FILE PHOTO | NMG  Ethiopia said on Tuesday it would open its state-run telecoms... Read more »

China scales back investment in Ethiopia

John Aglionby in Addis Ababa and Emily Feng in Beijing June 3, 2018 Print this page China is scaling back investment in Ethiopia in the face of rising foreign exchange shortages and... Read more »

Ethiopia’s foreign currency shortage hits small firms

Ethiopia’s prime minister has warned that there will be no quick fix to the scarcity of foreign currency in the country. Yet it seems that some sectors of the economy are getting... Read more »