Government

Ethiopian Enterprise Development Spurs 150,000 MSME Jobs, $1.6B in Import Savings

Over 2,700 MSMEs launched in just 9 months! Ethiopia’s state-owned Enterprise Development reports helping create 150K+ jobs & saved $1.6B through import substitution.

PM Abiy Pins Smooth Public Service Delivery on Mesob Project

The revelations came as the Prime Minister addressed parliamentarians for the half-year budget performance review of the federal government.

Ethiopia’s Government Tackles Unease of Doing Business with Integrated Digital Platform

As part of advancing the Digital Ethiopia 2025 initiative spearheaded by Prime Minister Abiy Ahmed (PhD), several government offices have integrated massive IT infrastructures into their services.

Ethiopia’s Electric Retailer Unveils Digital Platform that Manages Palm Greasing Complaints

Ethiopia’s state-owned electricity retailer is revamping its operations under new management focused on tackling corruption and improved service delivery backed by a new digital platform.

Ethiopia’s Central Bank Poised to Tweak Statutory Reserve Requirement Protocols

The National Bank of Ethiopia has proposed amendments to commercial banks' reserve requirements that includes dissolving reserve accounts and merging them into a single payment and settlement account.

Ethiopia Launches Fayda National ID Mobile App

A mobile application was launched today by the Ethiopian National ID Project (Fayda) that looks to fast-track the efficiency and accessibility of related services.

Ethiopia Seeks $2 Billion in Green Finance Amid Climate Vulnerability

Ranked 155th on the global climate vulnerability index, Ethiopia is among the countries most susceptible to climatic shocks, mainly drought and flooding, because of erratic rainfall patterns.

Ethiopia’s Ministerial Council Votes to Dissolve PEHA Amid SOE Reform Push

Cross-cutting reforms to the management of Ethiopia’s SOEs is one of the key targets under the Home-Grown Economic Reform Agenda 2.0 endorsed by international creditors.