Ethiopia’s Real Estate Response to the Recent Foreign Currency Reform
In a major economic move, the National Bank of Ethiopia has shifted from a decades-long, fixed exchange rate to a market-based foreign exchange rate....
Ethiopia Keeps Fuel Prices Steady in August Despite Currency Floating
Addis Ababa, July 30, 2016 - The Ministry of Trade and Regional Cooperation has announced that the retail sale of petroleum products in August...
Dodai’s Bold Response to 88% Birr Devaluation: Maintaining Prices and Launching Promotions”
In a dramatic shift in Ethiopia's economic landscape, the country floated its currency just a week ago, resulting in the birr losing over 88%...
Ethiopian Airlines Under Fire: Kenyan Woman Plans to Sue Over Passport Confiscation and Video Deletion
Kenyan Woman Removed from Ethiopian Airlines Flight Speaks Out
A Kenyan woman who was removed from an Ethiopian Airlines flight to allegedly make room for...
Grand Ethiopian Renaissance Dam 7 Major Benefits for Sudan
By- Asrat Birhanu
1. Sediment Reduction
The Grand Ethiopian Renaissance Dam will significantly reduce the sediment loads that the Blue Nile brings to Sudan every...
IMF Approves $3.4 Billion Aid Package to Bolster Ethiopia’s Economic Reforms
The International Monetary Fund (IMF) has granted Ethiopia a $3.4 billion Extended Credit Facility (ECF) over four years. This funding, equivalent to 2.55 billion...
