Protest-Hit Ethiopia Region Plans Oil Company to Calm Unrest

A central Ethiopian region that’s seen almost two years of sporadic anti-government protests is planning a new private oil company and is in talks to import Middle Eastern crude, part of an... Read more »

Ethiopia revises growth forecast downward – Africanews

Ethiopia can not maintain the spectacular growth rate of over 10% per year for a decade and claimed is content with 8.5% for the year 2015-2016, Prime Minister Hailemariam Desalegn has announced.... Read more »

Bye, Bye Karuturistan, Ethiopia!

Alemayehu  G Mariam RIP: A post-mortem on Karuturistan, Ethiopia It was too good to be true. It is too bad it was true for the people of Gambella in western Ethiopia. Last month, the... Read more »

Ethiopia’s ‘Distorted’ Monetary Plan Needs Reform, IMF Says

(Bloomberg) — Ethiopia’s “highly distorted” monetary policy requires urgent reorganization because it is stunting growth and undermining macroeconomic stability, the International Monetary Fund said. The Horn of Africa country’s five-year economic-development plan... Read more »