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Birr Metrics
Ethiopia has launched a new framework aimed at integrating refugees into national systems and local economies, shifting its approach from emergency assistance toward longer-term development planning. The Makatet Roadmap, launched in Addis Ababa, seeks to transform traditional refugee settlements into integrated communities connected to government services...
BBC Amharic
Birr Metrics
TotalEnergies is reportedly preparing to exit Ethiopia’s fuel retail market by selling its local service station network to OLA Energy, formerly OiLibya, in a transaction that would reshape one of the country’s largest downstream petroleum businesses. According to Africa Business, the French energy major has reached an agreement to sell its Ethiopian...
BBC Amharic
Birr Metrics
Omo Bank has appointed banking executive Biruk Walelign as its new president, handing leadership of the lender to a veteran banker as Ethiopia’s financial sector undergoes rapid growth and regulatory reforms. The bank’s board approved the appointment during a meeting held on June 20 in Addis Ababa, according to a statement issued by Omo Bank....
BBC Amharic
Birr Metrics
Ethiopia’s recent success in reducing inflation was an important achievement. After years of rapid price increases that strained households and businesses, annual inflation fell below 10 percent, creating hopes that the country had finally turned a corner. But the latest figures suggest the battle is far from over. Annual inflation, which declined to 9.4...
BBC Amharic
The Reporter
BBC Amharic
