Featured Economics News

Latest Economics News

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20% of Egypt’s Nile water share lost through ‘misuse’

Egyptians waste 20 percent of the country’s share of water from the Nile, a water resources expert has said in comments reported by Al-Ahram Arabic news website. Diaaeddin El-Qousi, a professor...
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NBE to Print Banknotes in Ethiopia

The National Bank of Ethiopia (NBE) is on the process of establishing its own banknotes and security printing factory to print cash locally. The Bank announced a tender two weeks ago to hire an...
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First Pasta Fair takes place in Ethiopia

The first Pasta Fair, a convention and exhibition about durum wheat and its products, has been held in the Ethiopian capital of Addis Ababa. The event followed the success of the Italian Cooperation...
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Solving Hunger in Ethiopia by Turning to Native Crops

Dibaabish Jaboo kneads the pale, vegetative flesh of the enset plant, like her mother did, like her granddaughters do. When she’s finished, she bundles the plant’s thick, decomposing stalk into...
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Ethiopia’s rapid growth: Miracle or mirage?

Ethiopia, like many of Africa’s new growing economies, began achieving high growth rates from a low base, writes William Gumede. Thirty years ago, in 1984, Ethiopia was plunged into a terrifying...
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Fuel distribution quandary hits nation

A day after the Ministry of Trade (MoT) declared a slight reduction in fuel retail price, fuel shortage has hit the nation including Addis Ababa and other major cities. However, the government...
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Ethiopia ranked 10th fastest growing nation brand

According to survey results on the  World's Most Valuable Nation Brands conducted by Brand Finance, the leading brand valuation and strategy consultancy, ranked US as the most valuable brand nation...
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Ethiopia: Commission Licenses 224 New Investments

The Ethiopian investment commission announced that it has given 224 new investment licenses in its quarterly report. Among the licenced investments, 202 are foreign direct investments, while the...
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ITU Rates Ethio Telecom As the Least Service Provider

The state monopoly ethio telecom has reacted against an undermining report by the International Tale communication Union (ITU). The report in Information and Communication Technology Development...
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Ethiopia’s Agriculture ministry rolls out specialized phone service for farmers

The Ethiopian government has rolled out a new phone service that farmers can call to get information on crops in their native languages. The 8028 service also “pushes” targeted information to...
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Ethiopia’s Gibe III dam 87% complete

Ethiopia Electric Power has announced that 87% of the Gibe III hydropower dam on the Omo River has been completed. Once complete, the project's ten 187MW turbine units will increase the country's...
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ECA is set to launch a report on the economic impact of Ebola in Africa

A Media Advisory that the Economic Commission for Africa (ECA) issued today has indicated that it will launch a new report on the impact of the Ebola Virus Disease in West Africa in the whole of the...