💼 ንግድ Ethiopia
የአህዱ ባንክ 1.07 ቢሊዮን ብር የቅድመ ታክስ ትርፍ አስመዘገበ
Ahadu Bank has reported a pre-tax profit of 1.07 billion birr for the financial year ended June 30, 2026, as its total revenue reached 3.19 billion birr, reflecting growth in its banking operations and income from both interest and non-interest sources. The financial performance was disclosed during the bank’s Fifth Ordinary and Third Extraordinary General Meetings of Shareholders, where management presented its annual performance report for the concluded financial year. Acc…
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ኢትዮጵያ በዘመነ ኢኮኖሚ ስታቲስቲክስ ማዕቀፍ ስር በየሩብ ዓመቱ የሀገር ውስጥ ምርት ሪፖርት ለማድረግ አቅዳለች
Ethiopia is preparing to introduce quarterly Gross Domestic Product (GDP) reporting as part of a comprehensive effort to modernize its national economic statistical system, improve fiscal transparency, and strengthen evidence-based policymaking following the country’s recently completed GDP rebasing exercise. The planned transition from annual to quarterly GDP reporting will require significant improvements in the collection, classification, and management of economic and…
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Addis Ababa among Rare African Pioneers in Long-term Debt Financing Model: World Bank
Addis Ababa is among few cities in Sub-Saharan Africa outside South Africa to finance substantial foundational physical infrastructure through long-term contractual borrowing, underscoring the broader scarcity of municipal debt financing across the region, according to a World Bank report. Titled Sub-Saharan Africa’s Urban Awakening: Catalyzing Economic Growth and Job Creation, the report identifies the Ethiopian capital as a rare example of a municipality successfully lever…
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Gov’t Readies Long-term Bonds as Its Bills Pay Half the Inflation Rate
The federal government nearly doubled its planned Treasury bill offering to 23.39 billion Br at the October 14 tender, from 11.94 billion Br two weeks earlier. The National Bank of Ethiopia (NBE) disclosed that a framework for 10- and 15-year government bonds and over-the-counter (OTC) trading is ready. The framework has passed management review, and a fiscal agency agreement has been secured, Eyob Tekalegn (PhD), governor of the National Bank of Ethiopia (NBE), disclosed. T…
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Heat Stress Could Cost Ethiopia USD33.3bn in Annual GDP by 2040: ILO Warns
Rising temperatures could cost Ethiopia an estimated USD 33.3 billion in annual gross domestic product by 2040 through reduced labor productivity, according to a new study by the International Labour Organization (ILO), which warns that heat exposure is already adversely impacting employment and economic output. The projected loss is based on a low-emissions scenario and represents the potential annual economic impact over the next decade and a half. Among the six countries…
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