Dawit Endeshaw

Ethiopia

Journalist at Thomson Reuters

#Ethiopia based #Journalist @Reuters. Tweeting strictly in personal capacity https://t.co/BaYCBFdqPy

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Articles

Ethiopia forecasts faster growth next fiscal year

2 weeks ago | timeslive.co.za | Dawit Endeshaw

11 June 2025 - 16:15 Just R20 for the first month. Support independent journalism by subscribing to our digital news package. Ethiopian Muslim faithful attend the Eid al-Adha prayer session at the Addis Ababa stadium in Addis Ababa, Ethiopia, on June 6 2025. Ethiopia's economy will grow slightly faster in the fiscal year that starts next month, while its budget deficit will increase marginally, its finance minister said on Tuesday.
Ethiopia's cabinet approves 31% budget increase for 2025/26

3 weeks ago | timeslive.co.za | Dawit Endeshaw

06 June 2025 - 14:05 Just R20 for the first month. Support independent journalism by subscribing to our digital news package. Ethiopian Muslim faithful sing during the Eid al-Adha celebration at the Addis Ababa stadium in Addis Ababa, Ethiopia, on June 6 2025. Ethiopia's cabinet has approved a nearly 2-trillion birr (R265.12bn) budget for the 2025/26 financial year starting in July, a 31% increase from the previous year, the prime minister's office said on Thursday.
Ethiopia signs minerals, energy deals worth $1.7bn, chiefly with Chinese firms

1 month ago | timeslive.co.za | Dawit Endeshaw

14 May 2025 - 15:15 Just R20 for the first month. Support independent journalism by subscribing to our digital news package. Companies attending a two-day investment conference in Ethiopia's capital Addis Ababa have signed agreements to bring more than $1.7bn into the country, the finance ministry said in a statement late on Tuesday. File photo.
Ethio Telecoms sells just 10.7% of shares in IPO

2 months ago | telecom.economictimes.indiatimes.com | Dawit Endeshaw

ADDIS ABABA: Ethiopia's state-owned Ethio Telecom sold only 10.7% of the shares in its initial public offering in which the government sought to trim its equity in the firm. The IPO is part of the government of Prime Minister Abiy Ahmed's broader plan to expand private investment in the Horn of Africa economy.
Ethio Telecoms sells just 10.7% of shares in IPO

2 months ago | marketscreener.com | Dawit Endeshaw

ADDIS ABABA (Reuters) -Ethiopia's state-owned Ethio Telecom sold only 10.7% of the shares in its initial public offering in which the government sought to trim its equity in the firm. The IPO is part of the government of Prime Minister Abiy Ahmed's broader plan to expand private investment in the Horn of Africa economy.
Ethiopia’s PM appoints new leader of Tigray administration

2 months ago | businesslive.co.za | Dawit Endeshaw

Addis Ababa — Ethiopia’s Prime Minister Abiy Ahmed on Tuesday appointed Tadesse Worede to lead the interim administration in the country’s northern Tigray region, where divisions in the ruling party have sparked fears of a renewed war between Ethiopia and Eritrea.
Ethiopia's PM Abiy Appoints New Leader of Tigray Administration

2 months ago | usnews.com | Dawit Endeshaw

By Dawit EndeshawADDIS ABABA (Reuters) - Ethiopia's Prime Minister Abiy Ahmed on Tuesday appointed Tadesse Worede to lead the interim administration in the northern Tigray region, where divisions in the ruling party have sparked fears of a renewed war between Ethiopia and Eritrea.
Ethiopia reaches agreement in principle with official creditors, state finance minister says

Mar 21, 2025 | zawya.com | Dawit Endeshaw

Ethiopia has reached an agreement in principle with its official creditors during debt default negotiations, the country's state finance minister said on Friday. The East African nation opted to restructure its external debt under the G20's Common Framework, before it defaulted on its sole Eurobond in December 2023. It struck a financing deal with the International Monetary Fund last July, enabling it to attempt to jumpstart the stalled debt restructuring process.
Ethiopia reaches agreement in principle with official creditors, state finance minister says

Mar 21, 2025 | marketscreener.com | Dawit Endeshaw

ADDIS ABABA (Reuters) - Ethiopia has reached an agreement in principle with its official creditors during debt default negotiations, the country's state finance minister said on Friday. The East African nation opted to restructure its external debt under the G20's Common Framework, before it defaulted on its sole Eurobond in December 2023. It struck a financing deal with the International Monetary Fund last July, enabling it to attempt to jumpstart the stalled debt restructuring process.
Ethiopia issues first investment banking licenses

Mar 21, 2025 | ca.marketscreener.com | Dawit Endeshaw

ADDIS ABABA (Reuters) - Ethiopia said on Friday it had issued its first investment banking licenses to two local companies, the latest effort by the government of Prime Minister Abiy Ahmed to open up the economy of more than 100 million people to private capital. State-run regulator Ethiopian Capital Market Authority (ECA) awarded the licenses to units of lenders CBE Capital and Wegagen Capital Investment Bank, a statement issued by ECA said.