IMF ከሰሃራ በታች ያሉ ሀገራትን የዘንድሮ የ2024 እና የ2025 የGDP እድገት ትንበያ አቅርቧል! ደቡብ ሱዳን ዘንድሮ ከዜሮ በታች በ -26.4% እንደምታድግ ከገመተ በኋላ በቀጣይ ዓመት በ27.2% ታድጋለች እያለ ነው!
Source: theethiopianeconomistview
@Ethiopianbusinessdaily
Source: theethiopianeconomistview
@Ethiopianbusinessdaily
RIDE መንደር የግንባታ Site ለይተናል
በዛሬው እለት የድርጅታችን አባላት ለRIDE መንደር ግንባታ የሚውልን የConstruction Site ጎብኝቷል:: በቀጣይ ሂደቱን ለመምራት በሚያስፈልጉ ግብአቶች ላይ ውይይት አድርገናል::
Source: RIDE
@Ethiopianbusinessdaily
በዛሬው እለት የድርጅታችን አባላት ለRIDE መንደር ግንባታ የሚውልን የConstruction Site ጎብኝቷል:: በቀጣይ ሂደቱን ለመምራት በሚያስፈልጉ ግብአቶች ላይ ውይይት አድርገናል::
Source: RIDE
@Ethiopianbusinessdaily
The Ethiopian government avails the first draft of the highly anticipated Startup Ecosystem Development Policy document to the public for public feedback and consultation.
The document is developed by the Startup Ethiopia Ministerial Committee Technical Team.
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Source: linkupbusiness
@Ethiopianbusinessdaily
The document is developed by the Startup Ethiopia Ministerial Committee Technical Team.
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Source: linkupbusiness
@Ethiopianbusinessdaily
Affordability is Biggest Barrier to Mobile Internet Adoption in Ethiopia: Report
Ethiopia levies a 10% import duty on smartphones and a 15% value-added tax (VAT) on airtime, data, and international calls.
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Source: shegamedia
@Ethiopianbusinessdaily
Ethiopia levies a 10% import duty on smartphones and a 15% value-added tax (VAT) on airtime, data, and international calls.
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Source: shegamedia
@Ethiopianbusinessdaily
The National Bank of Ethiopia (NBE) is transitioning private banks to carry a substantial part of fuel imports' foreign currency needs, an operation previously handled by the state alone. The shift, announced by NBE Governor Mamo Mihretu, comes as part of his government's emerging macroeconomic reform process, paving the way to a market-based foreign exchange system.
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Source: addisfortune
@Ethiopianbusinessdaily
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Source: addisfortune
@Ethiopianbusinessdaily
A recent policy change requiring local pharmaceutical manufacturers to quote in Birr for raw materials has sparked concerns about foreign exchange availability and cost predictability. This shift, driven by the government's forex liberalisation efforts, is straining manufacturers' cash flows and hindering production.
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Source: addisfortune
@Ethiopianbusinessdaily
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Source: addisfortune
@Ethiopianbusinessdaily
Ethiopia's ambition to host the 2029 Africa Cup of Nations (AFCON) is seen as a bold bet that contrasts with the struggling state of its domestic football league and inadequate infrastructure. The excitement about the bid is perceptible, but the reality is grim. Clubs are wrestling with financial constraints, and fans are frustrated by the lack of viable stadiums in the capital.
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Source: addisfortune
@Ethiopianbusinessdaily
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Source: addisfortune
@Ethiopianbusinessdaily
Alibaba Partners with Ethiopian Incubator for Entrepreneurship Program
Alibaba’s Global Initiatives project has partnered with Ethiopian startup incubator weVenture for the local launch of the Global Digital Talent (GDT) program.
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Source: shegamedia
@Ethiopianbusinessdaily
Alibaba’s Global Initiatives project has partnered with Ethiopian startup incubator weVenture for the local launch of the Global Digital Talent (GDT) program.
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Source: shegamedia
@Ethiopianbusinessdaily
የኢትዮጵያ አየር መንገድ እና የኢትዮጵያ ብሔራዊ መታወቂያ ፕሮግራም (ፋይዳ ለኢትዮጵያ) ስርዓቶቻቸውን በማቀናጀት ብሔራዊ መታወቂያን ለሀገር ውስጥ በረራዎች በጉዞ ሰነድነት መጠቀም የሚያስችል የመግባቢያ ስምምነት ተፈራረሙ። የኢትዮጵያ አየር መንገድ ከኢትዮጵያ ብሔራዊ መታወቂያ ፕሮግራም ጋር በመሆን ምዝገባ ከመያዝ ጀምሮ እስከ መሳፈር ድረስ ያለውን የመንገደኞች አገልግሎት ባዮ ሜትሪክ መረጃን በመጠቀም
ይበልጥ ለማቀላጠፍ ይሰራል።
Source: ethiopianairlines
@Ethiopianbusinessdaily
ይበልጥ ለማቀላጠፍ ይሰራል።
Source: ethiopianairlines
@Ethiopianbusinessdaily
Daily Poll
Do you believe Ethiopia can successfully host the 2029 Africa Cup of Nations despite its current football infrastructure challenges?
Do you believe Ethiopia can successfully host the 2029 Africa Cup of Nations despite its current football infrastructure challenges?
Anonymous Poll
32%
A) Yes, they can overcome the challenges
53%
B) No, the challenges are too great
15%
C) Unsure
Internet Access in Ethiopia: Challenges and Policy Recommendations for Improvement
Ethiopia faces significant challenges in expanding internet access, with a recent GSMA report highlighting that only 43.5 million of the country’s estimated 127 million residents are online. This means that approximately 83.5 million people, or 65 percent of the population, lack access to the internet, limiting their participation in the digital economy.
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Source: capitalethiopia
@Ethiopianbusinessdaily
Ethiopia faces significant challenges in expanding internet access, with a recent GSMA report highlighting that only 43.5 million of the country’s estimated 127 million residents are online. This means that approximately 83.5 million people, or 65 percent of the population, lack access to the internet, limiting their participation in the digital economy.
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Source: capitalethiopia
@Ethiopianbusinessdaily
የከተማ_መሬትን_በሊዝ_ስለመያዝ_የወጣ_አዋጅ.pdf
638.2 KB
ፓርላማው ረቂቁ ቀርቦለት ወደ ቋሚ ኮሚቴ የመራው "የከተማ መሬትን በሊዝ ለመያዝ የቀረበ ረቂቅ አዋጅ" በተለይ አዲሱን ሃሳብ ማለትም "በድርድር በሊዝ የከተማ መሬት ስለማግኘት::
Source: theethiopianeconomistview
@Ethiopianbusinessdaily
Source: theethiopianeconomistview
@Ethiopianbusinessdaily
TotalEnergies announces winners of new entrepreneur of the year competition
TotalEnergies has unveiled the winners of its fourth round of the New Entrepreneur of the Year competition, recognizing three outstanding local entrepreneurs. The competition featured a diverse pool of participants from 32 countries, with a jury composed of both local and international members selecting the winners from a total of 32 finalists.
Among the winners, Menberu Zeleke took home the top prize in the Innov-up category for his innovative device, the Solar Scissors. In the Cycle-up category, Ermias Tefera was recognized for creating an eco-friendly packaging solution. Additionally, Adugna Nigatu won in the Power-up category for developing a sustainable and affordable bio-gel fuel.
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Source: capitalethiopia
@Ethiopianbusinessdaily
TotalEnergies has unveiled the winners of its fourth round of the New Entrepreneur of the Year competition, recognizing three outstanding local entrepreneurs. The competition featured a diverse pool of participants from 32 countries, with a jury composed of both local and international members selecting the winners from a total of 32 finalists.
Among the winners, Menberu Zeleke took home the top prize in the Innov-up category for his innovative device, the Solar Scissors. In the Cycle-up category, Ermias Tefera was recognized for creating an eco-friendly packaging solution. Additionally, Adugna Nigatu won in the Power-up category for developing a sustainable and affordable bio-gel fuel.
Read More
Source: capitalethiopia
@Ethiopianbusinessdaily
SOS Children’s Villages plans to self-fund operations
SOS Children’s Villages in Ethiopia has announced a strategic shift toward self-management of its budget, aiming to raise funds locally without relying on foreign donors. Bedelu Shegen, Deputy Director of SOS Children’s Villages for the East and Southern Africa Region, emphasized the organization’s commitment to generating local revenue. “I plan to raise money locally and manage myself without bringing my budget from abroad,” he stated.
During a recent event, Ergoge Tesfaye, Ethiopia’s Minister of Women and Social Affairs, praised SOS Children’s Villages for its 50-year history in the country and urged for a strengthened partnership moving forward. He highlighted the organization’s significant contributions to child welfare and community development.
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Source: capitalethiopia
@Ethiopianbusinessdaily
SOS Children’s Villages in Ethiopia has announced a strategic shift toward self-management of its budget, aiming to raise funds locally without relying on foreign donors. Bedelu Shegen, Deputy Director of SOS Children’s Villages for the East and Southern Africa Region, emphasized the organization’s commitment to generating local revenue. “I plan to raise money locally and manage myself without bringing my budget from abroad,” he stated.
During a recent event, Ergoge Tesfaye, Ethiopia’s Minister of Women and Social Affairs, praised SOS Children’s Villages for its 50-year history in the country and urged for a strengthened partnership moving forward. He highlighted the organization’s significant contributions to child welfare and community development.
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Source: capitalethiopia
@Ethiopianbusinessdaily
Country Trading PLC announced the opening of its second duty-free store, dubbed 'Millennium Duty Free', located inside Skylight Hotel last week. The store will also cater to the city's diplomatic corps in addition to transit Ethiopian Airlines' transit passengers staying at the hotel.
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Source: addisfortune
@Ethiopianbusinessdaily
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Source: addisfortune
@Ethiopianbusinessdaily
Experts warn regulations are hindering Ethiopia’s economic growth
Experts have raised concerns that existing laws and regulations in Ethiopia are obstructing the country’s pursuit of economic growth. Among the regulations cited are those governing electric motorcycle riders and owners. In a bold move, the Ethiopian government has become the first country to ban the import of gas-powered vehicles, aiming to promote electric alternatives.Despite this initiative, investors interested in entering the electric vehicle sector face significant challenges due to recent regulatory changes. Dodai Manufacturing Plc, which recently entered the Ethiopian market, has reported selling over 600 electric motorcycles since their launch. However, Yuma Sasaki, Founder and CEO of Dodai, expressed frustration over the regulatory landscape.
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Source: capitalethiopia
@Ethiopianbusinessdaily
Experts have raised concerns that existing laws and regulations in Ethiopia are obstructing the country’s pursuit of economic growth. Among the regulations cited are those governing electric motorcycle riders and owners. In a bold move, the Ethiopian government has become the first country to ban the import of gas-powered vehicles, aiming to promote electric alternatives.Despite this initiative, investors interested in entering the electric vehicle sector face significant challenges due to recent regulatory changes. Dodai Manufacturing Plc, which recently entered the Ethiopian market, has reported selling over 600 electric motorcycles since their launch. However, Yuma Sasaki, Founder and CEO of Dodai, expressed frustration over the regulatory landscape.
Read More
Source: capitalethiopia
@Ethiopianbusinessdaily