For 43-year-old Alemnesh Neri, the twice-yearly trips from Addis Abeba to her hometown of Gumer was a cherished tradition, a time to reconnect with family and bring gifts from the city. This year, the...
Sep 28 , 2024
The Birr has continued spiralling downward against the U.S. Dollar over the past week, deepening the predicaments facing the country's financial system since the authorities liberalised the foreign ex...
Sep 28 , 2024
The capital market is expected to see substantial growth in size and investment over the next four years, contingent on favourable macroeconomic conditions and successful policy implementations, accor...
Sep 1 , 2024
Ethiopia's journey into the digital age faces challenges as a recent UN report ranked the country 1...
Sep 28 , 2024
The United Nations-backed initiative spearheaded by the IFL represents a step toward resolving the f...
Sep 29 , 2024
AquaAddis, one of the pioneer bottled water brands, has abruptly suspended operations at its Burayu...
Sep 28 , 2024
For 43-year-old Alemnesh Neri, travels to her hometown of Gumer in central Ethiopia have long been a cherished tradition. Twice annually for the past 22 years, she would make the trip from Addis Abeba, laden with goods and gifts for family and friend...
Sep 28 , 2024
In the early 2010s, Ethiopian authorities found themselves at odds with the International Monetary Fund (IMF). The Fund cautioned that the country's rapid economic expansion overheated the economy, igniting inflationary pressures that could undermine...
Sep 28 , 2024
France's Ambassador to Ethiopia up until last week, Remi Marechaux, arrived in Addis Abeba four years ago with a dual mandate of representing his country and engaging with the African Union (AU). He dove into familiar waters from his previous role as Director General for Africa, using Ethiopia's anc...
Aug 4 , 2024
The external debt (in dollars) of the transport and communication sector in 2023/24, which registered a drop of 30.3pc from 2019/20. This decline is anomalous given the sector's infrastructure needs, especially with major railway and road projects. The drop could reflect debt restructuring or slowdowns in sectoral investment.
Sep 28 , 2024
Leaders of the National Election Board are in a charm offensive mood, of a sort. Last week, they organised a rare tour for members of the media, showcasing what polling stations will look like during the upcoming national elections; and they took the...
Oct 3 , 2020
UN Secretary-General Antonio Guterres told heads of state gathered in New York last week that "more and more" countries act with impunity. He called for respect of international laws, compliance with international court rulings, and commitment to human rights.
My brother and I visited the Bole Arabsa neighborhood after a funeral, where my brother noted the significantly better air quality compared to downtown Addis. He described the fresh air as ...
Sep 28 , 2024
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