Search results
Results from the WOW.Com Content Network
The second generation of the Toyota Fortuner made its debut in Egypt in 2018 [citation needed], with the top trim receiving a facelift for the 2024 model year. [ clarification needed ] [ 65 ] The Fortuner comes in three grades as of the 2025 model year: the Smart 4×2, which has the 2.7-litre 2TR-FE engine, the Elegance 4×4, and the Sport trim ...
The National Bank of Ethiopia (NBE) in 2008. On 29 July 2024, the National Bank of Ethiopia (NBE) relaxed restrictions on the value of the Ethiopian birr to secure a loan of $10.7 billion from the International Monetary Fund (IMF) and World Bank. [1]
Ethiopia's economy experienced strong, broad-based growth averaging 9.4% a year from 2010/11 to 2019/20. Ethiopia's real gross domestic product (GDP) growth slowed down to 6.1% in 2019/20 due to the COVID-19 pandemic. [80] Industry, mainly construction, and services accounted for most of the growth.
Ethiopia became a full member of BRICS in 2024. [27] Ethiopia is one of the least developed countries but is sometimes considered an emerging power, [28] [29] having the fastest economic growth in sub-Saharan African countries because of foreign direct investment in expansion of agricultural and manufacturing industries; [30] agriculture is the ...
In late 1990s, the Office for Revision of Addis Ababa's Master Plan (ORAAMP) and National Urban Planning Institute (NUPI) were launched to analyze the economic status of the city. The city covered 29% of Ethiopia's GDP (59.5 Billions $ in 2024) and 20% of national urban development as of 2022. Commercial Bank of Ethiopia in Addis Ababa
According to the U.S. Bureau of Labor Statistics (BLS), consumer prices rose 3.2 percent from February 2023 to February 2024, with the cost of food specifically increasing 2.2 percent.
21–22 July – 2024 Gofa landslides: At least 257 people are killed in two landslides caused by heavy rains that strike two villages in Gofa Zuria, South Ethiopia Regional State. [12] [13] 22 July – Fano's Shewan Chief commander Colonel Asegid Mekonnen surrenders to the Ethiopian security forces. [14] [15]
In exploiting geothermal energies, Ethiopia is piloting a way that was previously unknown to this country in the energy sector (which is otherwise entirely owned by the state): foreign direct investments with a full private ownership of power plants for 25 years with a power purchase agreement in place with a guaranteed price of US ¢7.53/kWh ...