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Made in Ethiopia: Unresolved Troubles Dull Manufacturing Gains
10 May 2025 08:46 GMT
… conditions, rising commodity prices, forex shortages, high taxation, … less than 10 million birr, which limits our … struggle to access foreign currency. However, importing raw … requested anonymity, argued that Ethiopia’s factories still operate …
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Heavy Investment Costs Prolong Safaricom Ethiopia’s Wait for First Profit
10 May 2025 08:46 GMT
… Ethiopia, which posted an operating loss of 42 billion Birr … its investment phase, Safaricom Ethiopia incurred an operating loss of … forward,” reads a Safaricom Ethiopia statement issued on Friday.
… (ESX), the government’s forex reforms, and the decision to …
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Ethiopia earns 83 mln USD from SEZ exports in 9 months
08 May 2025 21:28 GMT
… by saving essential foreign currency through import substitution with … saving close to 12 billion Ethiopian birr (about 89.9 million … direct investment (FDI) in Ethiopia, with over 4,500 Chinese … the East African country.
Ethiopia attracted 3.92 billion …
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Foreigners and companies to be allowed to buy property in Ethiopia
07 May 2025 13:51 GMT
… a sensitive political issue in Ethiopia, with many voters seeing … help boost Ethiopia’s access to hard foreign currency, driving up … foreign reserves and stabilising its currency.
The move echoes several … and the floating of the Ethiopian birr have been seen as …
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Safaricom FY25 Results: M-PESA and Mobile Data Lead the Charge in Kenya and Beyond
09 May 2025 12:53 GMT
… ’s telecom sector.
Ethiopia: Strategic Patience and … Ethiopia show the promising beginnings. However, inflation and currency … on Kenya and Ethiopia.
Ethiopia FX Regime Reform: … Ethiopia.
Hyperinflation in Ethiopia: The depreciation of the Ethiopian Birr …
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ALLIED GOLD ANNOUNCES FIRST QUARTER 2025 RESULTS: ACHIEVING STRONG QUARTERLY PRODUCTION, ADVANCING OPTIMIZATIONS AND GROWTH PROJECTS
08 May 2025 01:26 GMT
… (100% interest(7)), Ethiopia
The Company continues to track … 'Ivoire and Ethiopia through optimization initiatives at … its debt obligations; fluctuating currency exchange rates (including … African CFA Franc and Ethiopian Birr exchange rates); the values …
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Following forex liberalization Ethiopia set to access IMF’s $345 million
29 Sep 2024 12:35 GMT
… arguing that liberalization of the forex market can solve the … of forex market, in a few days the value of Ethiopian Birr … billion at that time).
“Ethiopia’s economic reform program, including … million population in 2023, Ethiopia remains one of the poorest …
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Impact of Ethiopia’s IMF-backed forex floating on consumer
22 Sep 2024 10:34 GMT
… Under the new forex regime, the birr will no longer … of a market-based foreign exchange rate system depends on the … stated. He warned that currency fluctuations and the speculative … its support will help Ethiopia address macroeconomic imbalances, restore …
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Ethiopia to issue forex bureau licenses
09 Aug 2024 10:52 GMT
… , the National Bank of Ethiopia (NBE), the financial sector … the forex market last week, the value of Ethiopian Birr against … machines when exchanging foreign currency cash notes.
Independent FX … selling rates for foreign currency cash notes independently from …
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Ethiopia devalues its Birr 31 percent
29 Jul 2024 08:53 GMT
… of the country’s currency – Birr against major currencies. … channel worsening the forex shortage in Ethiopia. Most importers … rules governing foreign currency accounts, especially those … necessary. The prevailing foreign exchange rate system, though initially …