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Rising Costs and Festive Spirits: The Impact of Ethiopia’s New FX Regime
The Ethiopian New Year is a time for family gatherings, new clothes, and fresh starts. Yet this year, the festive mood is marred by...
Korean Government Commits $2 Billion Financing for Ethiopian Projects
Addis Ababa, Ethiopia – The Korean government has agreed to provide $2 billion in financing for eight key development projects in Ethiopia over the...
U.S. Extends Sanctions on Ethiopia, Keeping AGOA Trade Privileges Suspended
On Friday, the White House released a statement confirming the continuation of the National Emergency in Ethiopia. The U.S. government remains focused on the...
Ethiopia’s Upcoming Salary Increase Set to Launch on September 11
A letter from the Ministry of Finance confirms that one of the key promises of the government's macroeconomic reform—a wage increase—will take effect on...
Ethiopian Development Bank President Dr. Yohannes Ayalew Submits Resignation
Dr. Yohannes Ayalew, who has served as the president of the Ethiopian Development Bank (DBE) for the past four years, has officially submitted his...
The Complex Role of Bill Gates in Ethiopian Agriculture and Healthcare: A Double-Edged Sword by Bekan Bekele
By Bekan Bekele
Bill Gates recently visited Ethiopia, to witness the progress of projects his foundation has been deeply involved with for years along with...