Ethiopia’s Central Bank has this week announced new bank notes to shore up the country’s struggling economy and slow the hoarding of currency but will the latest demonetization process work, Political and Economic Analyst, Mikael Arage joins CNBC Africa for more.
Ethiopian Airlines has unveiled a new terminal at Bole International Airport, making it the largest gateway to Africa. The airport now has a capacity of 22 million passengers annually. At the same time, the country’s Ministry of Health announced that the country will start manufacturing its own COVID-19 test kits with China’s help. And Ethiopia has received about $14.85 million grant from the global partnership for education to boost its response to disruptions caused by the coronavirus pandemic. Economic Analyst, Samuel Getachew, joins CNBC Africa for more.
Egypt decided to withdraw from the latest round of tripartite negotiations with Ethiopia over its multi-billion-dollar dam on the Blue Nile for internal consultations. Mikael Arage, Political and Economic Analyst joins CNBC Africa for more.
The Ethiopian government has suspended the entry of foreign telecom infrastructure companies into the country after reviewing the list of companies intending to buy a stake in Ethio Telecom. For more on what this means for the country's plan to liberalise the market, CNBC Africa spoke to Economic Analyst, Samuel Getachew.
Ethiopia has announced the first-year target for filling the controversial Grand Ethiopian Renaissance dam on the River Nile has been reached. The announcement came as the country agreed to resume talks with Egypt and Sudan over the dam. CNBC Africa spoke to Political & Economic Analyst, Mikael Arage for more.
Ethiopia’s Water Minister Seleshi Bekele confirmed on Wednesday, July 15, that the Grand Ethiopian Renaissance Dam (GERD) has started to fill. He tweeted:...
Only eight countries in Africa - Algeria, Cape Verde, Djibouti, Egypt, Mauritius, Namibia, Seychelles, and South Africa - record more than 75% of deaths, according to the United Nations.
Ethiopia continues to suffer unrest after the killing of a popular musician on Monday sparked protests that have claimed over 80 lives. Political and Economic Analyst, Mikael Arage joins CNBC Africa for more.