Central bank to undertake digital currency study
The National Bank of Ethiopia (NBE) is set to initiate the study in June under instructions from the macroeconomic team led by Girma Birru, according to the latest HGER detail matrix covering three years leading up to 2026.
Ministry Looks To Involve Private Investors In Ailing Railway Transport
Officials at the Ministry of Transport and Logistics are considering permitting private sector participation in railway freight transport as a means to cut market commodity prices.
Ethiopian Coffee Flavor Profile
The ideal higher elevations in Ethiopia certifies all of their green coffee to be labeled as Strictly High Grown (SHG) / Strictly Hard Bean (SHB).
Top 10 Electronics Exporters by Country 2022-23
The Electronics Industry is made up of companies that manufacture, design, assemble, and service electronic products. These products consist of materials, parts, components, subassemblies, and equipment that use the principles of electronics to perform their major functions.
Drop in global coffee prices forced Ethiopia to default on $133 million contracts
Ethiopian coffee exporters have defaulted on 394 coffee export contracts since October 2022. The exporters say they have no choice but to breech their contract because the international coffee price has dropped below the local price in Ethiopia, slashing the profit margin they had anticipated
Local gold mining invests $2 billion in Ethiopia
With a total of $2 billion Investment capital, a local gold mining investment by Time Mineral of Time General Business Group goes operational today in Southern Ethiopia along the Genale River.
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Local gold mining invests $2 billion in Ethiopia
29 Mar 2023