You've searched for
ethiopia
Try a different search term for better results
Ethiopia’s Coffee Exports Hit $1 Billion Milestone
Ethiopia's coffee industry has reached a significant milestone, earning $1 billion in the first ten months of the 2023/24 fiscal year.
This remarkable growth, compared...
Ethiopia’s Path to WTO Membership and Economic Reform
Ethiopia is on an assertive path to secure its membership in the World Trade Organization (WTO) by 2026.
This journey, starting in 2003, encountered a...
Ethiopia Opens Real Estate Market to Foreign Investors
In a groundbreaking move, Ethiopia has decided to open its real estate market to international investors.
Announced by Prime Minister Abiy Ahmed on March 23,...
Ethiopia Faces Critical Drug Shortage Amid Forex Shortfall
Ethiopia is grappling with a severe medicine shortage, largely due to an ongoing forex crisis.
A personal initiative to bring essential medicines from Kenya highlighted...
Red Sea Disruptions Impact Ethiopian Coffee Shipments
Middle East logistic issues are disrupting global coffee exports. Ethiopian shipments to China and Japan face delays because ships are rerouting.
The amount of delayed...
Ethiopia’s Leap Towards Medical Tourism
Ethiopia is embarking on a journey to become a hub for medical tourism in Africa, with a $400 million medical complex set to launch...
Chinese Bitcoin Miners Turn to Ethiopia After Beijing Ban
Following Beijing's crackdown two years ago, Chinese Bitcoin miners have sought new grounds with affordable energy and favorable regulations.
Ethiopia now serves as their chosen...
Ethiopia’s Struggle with Escalating Teff Prices
Since 2023, Ethiopia has been grappling with a substantial increase in the price of teff, its staple cereal.
Teff is a tiny, gluten-free grain, known...
Debt Woes Escalate for Ethiopia as Credit Rating Drops
Ethiopia, facing a challenging economic period, recently saw its credit rating downgraded by Fitch Ratings.
This change indicates a heightened risk of the country defaulting...
Ethiopian Deputy Minister Detained Over Alleged Terror Links
Ethiopia's Deputy Minister of Peace, Taye Dendea, has been arrested amid allegations of terrorist connections. This follows his recent dismissal from office.
The National Intelligence...
Ethiopia Welcomes Foreign Banks with Caution
Ethiopia, under Prime Minister Abiy Ahmed's economic growth strategy, plans to issue up to five banking licenses to foreign investors within five years.
Solomon Desta,...
Ethiopia Eyes Red Sea: A Turning Point for the Horn of Africa
Ethiopia's Prime Minister Abiy Ahmed recently advocated for regaining access to the Red Sea, which was lost when Eritrea seceded in 1993.
This statement worries...
Russia and Ethiopia Team Up in Car Industry
Since the 1970s, Ethiopian taxis have predominantly been Russian-made Ladas, and now AvtoVAZ and GAZ Group are targeting Ethiopia for expansion.
They plan to build...
Nile Dam Talks Resume Among Egypt, Sudan, and Ethiopia
Egypt, Sudan, and Ethiopia are back at the discussion table about the disputed dam on the Blue Nile.
The talks kicked off this weekend in...