Ethiopia seeks to restructure debt for over USD 1 billion
Ethiopia adopted the Debt Service Suspension Initiative of the G20 Summit back in February to restructure USD 2.5 billion in debt.
Ethiopia wins big at the Permanent Court of Arbitration against Israel based fertiliser giant
Israel Chemicals filed the lawsuit seeking USD 178 million in compensations, but the court ruled in Ethiopia’s favour.
Prime Minister Abiy reports on Ethiopia’s economic situation to the House of People’s Representatives
Ethiopia’s foreign trade earnings have grown by 18 percent to USD 3.5 billion.
Zafree launches crowdfunding campaign
Zafree is seeking to raise EUR 200,000 to construct new storage sheds that will facilitate delivery as well as the company’s environmental goals as they relate to supply chain and…
Hult Prize Foundation has announced that applications for Campus Director are now open
The Hult Prize is an annual completions for university students held by the Hult International Business School in collaboration with the United Nations Office for Partnerships.
Ethiopia’s Startup Act
The Startup Act would see the establishment of a National Startup Council and Innovation Fund, both run by the Ministry of Innovation and Technology.
Reports from Kenya suggest that Ethiopia’s bean export agreement with Pakistan negatively impacting Kenya
The Kenyan Health Inspectorate Service reports that no bean shipments have arrived at the Moyale border in recent months.
Ministry of Finance assures steps taken to address inflation and other issues in budget proposal
According to Teferri Mekonnen, a senior budget advisor to the Ministry of Finance, the ministry is in the process of adopting short-term and medium-term policies to mitigate the country’s galloping…
BeBlocky; learning through gaming
BeBlocky was founded by Nathan Damtew, who is also the founder of Yenetta Code, a STEM education centre in Addis Ababa.
eQub; a merge between traditional and modern finance
The tradition of eQub is an Ethiopian tradition where a group of relatives, friends, or people within specific communities agree to contribute a certain amount every month and take turns…