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Repavement

The pedestrian streets are undergoing yet more rehabilitation in several parts of Addis Abeba.

Repavement

The pedestrian streets are undergoing yet more rehabilitation in several parts of Addis Abeba, creating an inconvenience for the passerby as usual. This one is in the Stadium area, on Ras Desta Damtew Street, where the dismantling of the pavement stones has also snagged a street light, which is now lying unceremoniously on the ground.

Radar

Regional Development Banks Tie-up for Private Sector Growth

Arab Bank for Economic Development in Africa (BADEA) and Trade Development Bank Group (TDB) signed a 100-million-dollar disbursement for a hybrid capital instrument last week on the sidelines of the African Union summit. Admassu Tadesse, president and managing director of TDB Group, and Sidi Ould Tah (PhD), president of BADEA were the signatories at the event attended by Central Bank Governor Mamo Mihretu, CEO of the Ethiopian Securities Exchange Tilahun Kassahun (PhD), and Deputy Chairperson of...

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Radar

National Bank Reports Five-Year Low Inflation, Record-High Exports

The National Bank of Ethiopia (NBE), in its six-month snapshot on monetary and external sector developments, reports that inflation has dropped to 15.5pc, the lowest in five years and a 13.9pc decline from last year's 29.4pc rate. Headline inflation stood at 34.5pc during the same period in 2022. The report also shows a sharp decline in food inflation, which fell by 16.6pc, from 32.3pc in January 2024 to 15.7pc in January 2025. Non-food inflation dropped by 10.2pc, from 25.3pc last year to 1...

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Radar

Horn Initiative Boosts Regional Development Agenda

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