Ethiopia Growth to Slow Unless Private Sector Boosted, IMF Says

Ethiopia Growth to Slow Unless Private Sector Boosted, IMF Says By William Davison Oct. 2 (Bloomberg) — Ethiopia’s growth will slow to 6.5 percent this year and over the... Read more »

Ethiopias inflation rate stays high in July

ADDIS ABABA (Reuters) – Ethiopia’s annual inflation rate remained stubbornly high at 20 percent in July, data showed on Tuesday, though the pace of increase in food prices slowed... Read more »

Ethiopia inflation falls for fourth month in row

ADDIS ABABA (Reuters) – Ethiopia’s year-on-year inflation fell for the forth consecutive month to 20.9 percent in June from 25.5 percent a month before due to slowing food prices,... Read more »

Ethiopia inflation drops to 25.5 pct in May

ADDIS ABABA (Reuters) – Ethiopia’s annual inflation rate fell for the third straight month in May to 25.5 percent from 29.8 percent in the previous month, thanks to a... Read more »

Ethiopia export earnings rise 17 pct yr/yr in 8 months to Feb

* Earnings hit $1.87 bln, up from $1.6 bln * Gold, oil seeds rise, coffee revenue down 7.9 pct ADDIS ABABA, March 27 (Reuters) – Ethiopia’s export earnings rose 16.6... Read more »

Ethiopian Banks May Be Less Profitable as Deposit Growth Slows

(Bloomberg) — Ethiopian banks may become less profitable this year as deposit growth slows and because of a law that requires lenders to buy government securities, Access Capital SC... Read more »

Ethiopia Can Get $7.6 Billion by Selling Ethiopian Airlines and 4 More Companies

(Bloomberg)  Ethiopia’s government would raise 132 billion birr ($7.6 billion) if it sold the country’s five biggest state-owned companies to private investors, Access Capital SC said. The sale of... Read more »

Ethiopia: Annual Inflation Rate Falls to 35.9% in December

Ethiopia’s annual inflation rate dropped to 35.9 percent in December as some food costs declined, the Central Statistical Agency said. Inflation slowed from 39.2 percent in November, the agency... Read more »

Ethiopia’s Inflation Falls to 39.2% from 39.8% in November

The Ethiopian year-on-year inflation rate for November lowered to 39.2% from 39.8% in October according to official data released this week. Consumer prices fell by 0.3% as compared to... Read more »

Meles Zenawi Says Global Concerns Over Hydro Plan Won’t Hurt Funding

(Bloomberg) — Ethiopian Prime Minister Meles Zenawi said he doesn’t expect international concerns over the country’s hydroelectric program to hurt financing plans. “Because we are funding most of our... Read more »