DigEthiopia - Stories tagged with Ethiopia economy

Ethiopia Devalues Its Birr Currency 17% Against Dollar, Central Bank

published 5 days, 19 hours ago posted by adminadmin 5 days, 19 hours, 1 minute ago
Thursday, September 02, 2010 3:03:26 AM GMT Thursday, September 02, 2010 3:02:46 AM GMT
Wed Sep 01 2010 Ethiopia devalued its currency, the birr, by 17 percent against the dollar, the third such move in the past 14 months, according to the National Bank of Ethiopia. The exchange rate was quoted at 16.351 per dollar today compared with 13.628 yesterday, according to the website of the Addis Ababa-based central bank. It was trading at 11.381 on July 10 last year. The devaluat... (more)
Digg It category: Economy | comment | | source: www.bloomberg.com tags: Bank, economy, ethiopia, Ethiopia economy

Ethiopia grew over 11 pct annually over 4 years-govt

published 91 days, 17 hours, 42 minutes ago posted by adminadmin 91 days, 17 hours, 51 minutes ago
Tuesday, June 08, 2010 4:21:29 AM GMT Tuesday, June 08, 2010 4:12:20 AM GMT
Ethiopia's economy has grown by an annual average of 11.18 percent over the last four years on improved infrastructure and significant growth in investment, its state news agency said on Friday. Although still one of the world's poorest countries, the Horn of Africa nation has posted the fastest growt... (more)
Digg It category: Economy | comment | | source: af.reuters.com tags: eprdf, ethiopia, Ethiopia economy

"Nile is above all a Gift of Ethiopia" Richard Pankhurst

published 91 days, 17 hours, 42 minutes ago posted by adminadmin 91 days, 18 hours, 2 minutes ago
Tuesday, June 08, 2010 4:21:29 AM GMT Tuesday, June 08, 2010 4:01:31 AM GMT
By Richard Pankhurst, Jimma Times The recent signing of a new Nile Basin pact to replace colonial agreements has once again triggered a debate about how the resource can be equitably shared. Professor Pankhurst, who has been familiar with the issue for a number of decades, analyses a book that attempts to locate a safe course through these treacherous, uncharted waters. “If Egypt is a Gift of the Nile,” as the Egyptians say, “the Nile is above all a Gift of Ethiopia”. So said Gascon, a noted expert on ... (more)

Ethiopian inflation ticks up to 7.6 pct in January | News by Country | Reuters

published 199 days, 16 hours, 26 minutes ago posted by adminadmin 199 days, 16 hours, 27 minutes ago
Saturday, February 20, 2010 5:37:59 AM GMT Saturday, February 20, 2010 5:36:19 AM GMT
Ethiopia's year-on-year inflation rose to 7.6 percent in January from 7.1 percent in December on the back of rising fuel, food and construction material prices, the statistics office said on Thursday. (more)