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.
Abiy unveils Addis Ababa’s riverside makeover
Ethiopian PM Abiy Ahmed inaugurated the Entoto-Kebena River and Riverside Development Project in Addis Ababa on June 28, spanning 87.6…
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…
Newsletter
Endeavour Mining posts record $880m EBITDA
Endeavour Mining, West Africa's largest gold producer, reported record adjusted EBITDA of $880 million for…
Africa’s $164bn wealth funds eye mining
Africa's sovereign wealth funds now hold combined assets exceeding $164 billion and are being deployed…
EU’s steel tariff hits South Africa
The EU's new steel import framework took effect July 1, imposing annual quotas with a…
Safaricom’s OneApp hits 4.7 million users
Safaricom's unified My OneApp platform reached 4.7 million registered users as of June 29, with…