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Category: Business

Ethiopia Registers 8.1 Percent Economic Growth During Concluded Fiscal Year

October 2, 2024Webdesk

Addis Ababa: Ethiopia has registered 8.1 percent economic growth during the concluded Ethiopian Fiscal Year, Planning and Development Minister Fisum Assefa revealed.

The macroeconomic committee met this morning to review the performance of the new ma…

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Ethiopia’s Macroeconomic Reform More Succesful than Many Countries: Finance Minister

October 2, 2024Webdesk

Addis Ababa: Finance Minister Ahmed Shide said that Ethiopia’s macroeconomic reform efforts have achieved greater success than that of many other nations.

A macroeconomic team chaired by Prime Minister Abiy Ahmed assessed in detail the performance of…

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Ethiopian Airlines to Commence Five New Int’l Destinations During Current Fiscal Year

October 2, 2024Webdesk

Addis Ababa: Ethiopian Airlines Group has announced plan to significantly expand its global reach by adding five new international flight destinations to its network during the current fiscal year.

CEO of Ethiopian Airlines Group, Mesfin Tassew outli…

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Water Dev’t Projects in Borena Zone of Ethiopia Altering Pastoralists from Aid Recipients to Produces

October 2, 2024Webdesk

Addis Ababa: Water development programs implemented in Borena Zone of Ethiopia’s Oromia Regional State has catalyzed the transformation of local pastoralists from aid recipients to produces.

It is to be recalled that the recurrent drought that has pr…

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Central Bank Grants Operational Licenses to Five Non-bank Forex Bureaus

October 2, 2024Webdesk

Addis Ababa: The National Bank of Ethiopia (NBE) announced today that it has granted operational licenses to five non-bank Forex bureaus.

In a statement, the central bank disclosed that these five companies applied for licenses and fulfilled the mini…

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Ethiopia Holds Global Investors Call to Present Update on Ongoing Economic Reforms

October 2, 2024Webdesk

Addis Ababa: The government of Ethiopia held a global investors call with its Eurobond holders on October 1st, 2024.

Ethiopia successfully hosted a Global Investors Call, bringing together key stakeholders and investors to discuss Ethiopia’s macro- e…

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