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3 January – Sudan, Egypt, and Ethiopia agree to hold further talks this month to resolve their dispute over the Grand Ethiopian Renaissance Dam on the Blue Nile. [1]5 January – The government promises to repair the centuries-old Al Nejashi Mosque and the Orthodox Christian of Saint Emmanuel in Wukro that were damaged in December 2020 during the Tigray conflict in the Tigray conflict.
Location of Ethiopia. Ethiopia is a country located in the Horn of Africa. According to the IMF, Ethiopia was one of the fastest-growing economies in the world, registering over 10% economic growth from 2004 through 2009. [1] It was the fastest-growing non-oil-dependent African economy in the years 2007 and 2008. [2]
Woman tries to sell tomatoes and onions on an almost empty market in Hawzen on 6 June 2021. Ethiopia had an average inflation rate of 26% in 2021 and 30% in 2022, something that was largely driven by a rise in food prices; [27] in February 2023, the overall inflation rate reached 32%, [28] and Ethiopia continued to experience high inflation by ...
Prior to the outbreak of the 1998–2000 Eritrean–Ethiopian War, landlocked Ethiopia mainly relied on the seaports of Asseb and Massawa in Eritrea for international trade. Ethiopian Airlines is the largest airline in Africa, and one of the highest grossing airlines in the world with a revenue over 5 billion USD.
Ethiopia, [c] officially the Federal Democratic Republic of Ethiopia, is a landlocked country located in the Horn of Africa region of East Africa. It shares borders with Eritrea to the north , Djibouti to the northeast , Somalia to the east , Kenya to the south , South Sudan to the west , and Sudan to the northwest .
In one instance, inflation could heavily impact the growth, requiring food demand. From 2005 to 2012, maize grain in Addis Ababa drastically increased from 1,469 to 5,013 ETB per ton, and the price was tripled in the last five years. Overall, the food price inflation was increased from 7.4% to 15.8% between 2014 and 2019 years. [2]
In August 2021, YouTube began piloting a second subscription tier, "YouTube Premium Lite" in European markets such as Belgium, Denmark, Finland, Luxembourg, Norway and Sweden, at a price point of €6.99. It contained only the ad-free viewing benefit. [29] YouTube discontinued the Premium Lite plan in October 2023. [30]
Safaricom Telecommunications Ethiopia P.L.C. (STE), previously known as Global Partnership for Ethiopia BV (GPE), is a subsidiary of the Kenyan mobile operator Safaricom in Ethiopia, [2] licensed with fee of US$850 million on 9 July 2021. [3] [4] This fee made it the single largest foreign direct investment into Ethiopia.