Posts In Category
Economic Analysis
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Analysis: Ordinary people reel from inflation; economist warns it will lower economic growth
By Getahun Tsegaye @GetahunTsegay12 & Mahlet Fasil @MahletFasil Addis Abeba, June 23/2021 – A recent report by the Central Statistics Agency (CSA) indicates that the rate of inflation in Ethiopia increased by 19.7% in May 2021 compared to the same month last year. While the overall inflation rate surged by …
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News: Moyale starts operating as a one stop border crossing point
Kenya-Ethiopia Government officials met today and commenced Moyale One Stop Border Post (OSBP) operations, raising hopes to bolster trade and cooperation between the two nations · Once operationalized, Moyale One-Stop Border Post will be the first of its kind in Ethiopia and the fifth for Kenya with other operational OSBPs …
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News: Standard Bank unlocks US$50 m in funding for CCBA Ethiopia expansion
Addis Abeba, February 13/2029 – Standard Bank has successfully arranged and structured USD50 million in financing facilities for Coca-Cola Beverages Africa (CCBA) to support its expansion strategy in Ethiopia over the next five years. The Coca-Cola Company holds a majority stake in CCBA, which is the largest bottler of Coca-Cola …