Ethiopia

Ethiopia is Africa’s second most populous country and one of its fastest-growing economies, with a GDP growing at over 7% annually. Africaspoint covers Ethiopia’s industrial parks, aviation sector anchored by Ethiopian Airlines, conflict dynamics, and the reform agenda of one of the Horn of Africa’s most consequential nations.

Ethiopia clears IMF review, unlocks $468m

The IMF reached a staff-level agreement on Ethiopia's fifth ECF review on June 3, paving the way for a $468…

Ethiopia lures Kenya’s EV makers north

Ethiopia's target for EVs to represent 80% of new vehicle registrations by 2030 is drawing Kenya's top electric mobility companies…

Ethiopian Airlines confirmed a global competitor

US Ambassador to Ethiopia Ervin Massinga declared on May 26 that Ethiopian Airlines is no longer simply a regional carrier…

Ethio Telecom hits Ethiopia’s stock exchange

Ethio Telecom listed on the Ethiopian Securities Exchange on May 26 under ticker TELE, becoming the first state-owned enterprise and…

US-Iran truce sends oil crashing

A US-Iran ceasefire agreement and the reopening of the Strait of Hormuz have sent Brent…

MTN’s MoMo is going super app

MTN Group Fintech has partnered with Ant International, the global payments firm behind Alipay, to…

AfDB backs Arua airport in Uganda

The African Development Bank has approved $180 million to upgrade Uganda's Arua Airport into an…

South Africa braces for June 30

South Africa's police service has activated joint operations in all nine provinces at a projected…