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Ethiopia's Devaluation Leads to Food Price Hikes

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BY NEW BUSINESS ETHIOPIA REPORTER

The devaluation of Ethiopian Currency against dollar and other currencies by 20 percent this week led to the increment of food prices in some hotels in Addis Ababa, our reporters witnessed.

Last Updated on Saturday, 04 September 2010 06:46 Read more...

Ethiopia Devaluates its Currency by 20 Percent

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BY NEW BUSINESS ETHIOPIA REPORTER

The National Bank of Ethiopia (NBE)  announced today that it has devaluated the national currency of the country (birr) against major international currencies by about 20 percent.

Last Updated on Wednesday, 01 September 2010 08:24 Read more...

Ethiopia’s Export Income Increases, But Still Below Target

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BY NEW BUSINESS ETHIOPIA REPORTER

Ethiopia’s this year six month export earnings increased by 22 percent as compared to last year similar period.

Last Updated on Tuesday, 04 May 2010 15:00 Read more...

Sub-Saharan Africa Export To US Quadruples

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BY NEW BUSINESS ETHIOPIA REPORTER

Sub-Saharan African countries export to the United States (US) in 2008 exceeded 86.05 billion USD, which was more than

Last Updated on Tuesday, 13 April 2010 11:56 Read more...

Ethiopia’s Export To Neighbors Improves while Import Shrinks

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BY NEW BUSINESS ETHIOPIA REPORTER
Ethiopia ’s export to its neighbors (Somalia, Sudan and Djibouti) has

Last Updated on Tuesday, 13 April 2010 11:56 Read more...

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