Wednesday, February 21, 2024
spot_img
spot_img

Author Name

Elias Tegegn

Total Articles by the Author

176 ARTICLE

Ethiopia’s porous borders fuel illegal camel trade, costs billions in lost export revenue

Camel caravans are illegally carrying away Ethiopia's economic fortunes, costing the nation billions in lost export revenues. As droughts shrink herds, thousands of camels...

Underfunded warning system fails to mitigate drought devastation

Ethiopia is being severely impacted by the lack of an effective early warning system, exacerbating the devastation caused by the droughts and floods afflicting...

Inadequate credit leaves manufacturers disappointed, minister blames lenders

In nine months, only 3.3 billion birr have been made available Ethiopia's underfunded industrial sector is facing a setback since commercial banks have failed to...

Lack of forex to import fertilizer threatens agricultural output

Fertilizer procurement for the following year faces hurdles as acute forex shortages cause the Ministry of Agriculture to experience delays in the opening of...

Go digital or no procurement next year: authority warns federal agencies

Cabinet approves draft proclamation to automate public procurement All federal institutions will be authorized to make purchases only through the use of electronic means beginning...

Security concerns cripple sesame trade

Unresolved security concerns have resulted in a drop in the volume of sesame traded at the Ethiopian Commodity Exchange (ECX), according to its executives....

Drop in global coffee prices forced Ethiopia to default on $133 million contracts

Nation loses 133 million in export proceeds Ethiopian coffee exporters have defaulted on 394 coffee export contracts since October 2022. The exporters say they have no...

Ethio telecom says 370 telecom transmission stations inoperable

About 370 telecommunication base transmission stations (BTS) are still inoperable as a result of damages sustained during the two-year war in northern Ethiopia and...

Ethiopia imitates Japan to recover from industry shocks

The Ministry of Industry (MoI) is preparing to establish a pooled fund with contributions from the private sector and donors that will be used...

Economics association plans to replace GDP with new measurement

The Ethiopian Economics Association (EEA) introduces a new initiative to adopt new indices for measuring the economy. It will replace existing methodologies such as...

Popular

spot_img