Ethiopia requests US to reopen EXIM Bank

www.thereporterethiopia.com By Kaleyesus Bekele The Ethiopian government on Wednesday requested the US government to reopen the US EXIM Bank that provides export finance to American businesses. The Governme...

SoE costs trade expo, travel cancellations

www.thereporterethiopia.com By Birhanu Fikade While the motion for high-level political meetings was in full gear during the week, business meetings were fading away as a trade expo and business travels got ca...

Rising inflation “not related to politics”

www.thereporterethiopia.com By Birhanu Fikade February inflation surges to 15.6 percent Prices of goods and services have soared leading to 15.6 percent year-on-year inflation rate as the government fails to ...
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Bankers association reelects sitting president

www.thereporterethiopia.com By Dawit Taye The Ethiopian Bankers Association – a professional association of banks in the country – has reelected Addisu Habba to continue serve as president for the coming three...

Commodity export earns USD 1.35 bln in six months

www.thereporterethiopia.com By Birhanu Fikade Maintaining declining trends of performances, in the first half of Ethiopian fiscal year (EFY), the commodity exports fetched USD 1.35 billion missing its target r...

Ethiopia Acquires 19% stake in DP World Berbera Port

www.thereporterethiopia.com By Staff Reporter Ethiopia will become a shareholder of the Port of Berbera following the signing of an agreement with DP World and the Somaliland Port Authority in Dubai on Thursda...

Mineral export earning deteriorates

www.thereporterethiopia.com By Kaleyesus Bekele The minerals export sector which was one of the main foreign currency earners until recently is deteriorating further. According to a six month report present...

Awash Bank VP lands at Zemen

www.thereporterethiopia.com By Dawit Taye After a rigorous assessment of different banking professionals, the board of directors of Zemen Bank has finally selected Awash Bank’s vice president, Dereje Zebene, a...

Heineken says it will not consolidate the beer market

www.thereporterethiopia.com By Samuel Getachew With the local beer market in a stiff competition to interest the pocketbooks of the ever-increasing beer drinking population and BGI Ethiopia scooping little kno...