Ethiopia listed as a beneficiary of G20 Summit initiative
Ethiopia's total debt is currently listed at 54.7 billion USD, an amount that is marginally lower than the country's debt at the same time last year.
Ethiopia's total debt is currently listed at 54.7 billion USD, an amount that is marginally lower than the country's debt at the same time last year.
Seven companies, including KenGen were listed as finalists for the bid for the drilling license.
Some experts are wary of the changes and the impact they are going to have on Ethiopia’s financial sector laws.
China is Ethiopia's biggest Foreign Direct Investor and currently has more than 1,500 ongoing projects in the East African nation.
The Commercial Bank of Ethiopia is the largest and most influential Ethiopian bank, consisting of over 1,600 branches and financing 90 percent of Ethiopia's mega projects.
The global tourism industry has been one of the most adversely affected economic sector due to global lockdowns.
Ethiopia's revenues from gold were only 27 million USD two years ago; the nation has brought in more than 303 million USD in the last 5 monthts alone.
The economic liberalization reforms and trade agreements like the AfCFTA are expected to play a crucial role in Ethiopia's export goals.
Ethiopia is credited for its relatively successful management of the effects of the COVID-19 pandemic.
Ethiopia currently has the ability to produce more than 500,000 tons of honey per year but the nation only produces 9 to 10 percent of that amount.