Ethiopia just approved its largest-ever budget: 2.34 trillion birr. The catch is the currency it's counted in, which has lost more than half its dollar value since the 2024 float.
As the IMF’s 5th review looms, Ethiopia’s central bank has rolled out its most substantive FX changes since the 2024 float, delegating trade finance decisions to banks and formalizing Franco Valuta flows.
Ethiopia’s new VAT Refund Directive promises faster payouts, 7 days for exporters, 45 for standard claims but embeds tighter audits, heavy documentation, and penalties for delay.
A new Freedom of Information draft law in Ethiopia could transform accountability, fiscal transparency, and economic credibility if institutions enforce it beyond paper commitments.
Safaricom’s $2.6B Ethiopia bet is starting to look less like faith and more like foresight. Revenue up 130%. Losses narrowing fast. Pricing power finally emerging.
Ethiopia’s latest fuel price hike exposes the collision of subsidy reforms, global oil shocks, and FX pressure, driving inflation higher and deepening hardship for vulnerable households.
