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Chinese-funded road project in jeopardy, as debt restructuring delays
Eyob Tikuye - 0
Financing for the project may come from government coffers
The 4.8 billion birr express road project linking Arsi Negelle and Hawassa is in limbo as China withholds funding.
It is one of the infrastructure projects financed by the Chinese Export Import Bank (Ex-IM), which has paused funding for the road's construction...
Almost half of CSOs in Tigray remain inactive
Some have lost personnel, managerial staffs to war
Nearly half of Tigray's Civil Society Organizations (CSOs) have been destroyed by the war and will be...
Central bank bans consignment payment for beef exports
-Exporters must get full payment before shipping
- Experts are worried the move would hurt the country's competitiveness
The National Bank of Ethiopia (NBE) orders exporters...
Damage to Galafi Route in Djibouti impedes logistics services
The activities of the Ethiopian Shipping and Logistics Service Enterprise are hampered by deteriorating roadways connecting the Port of Djibouti to the Ethiopian border...
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