AGP Executive Report
Last update: 5 hours agoMacroeconomy Watch: A new EU Delegation report says Ethiopia’s nominal GDP fell by about USD 50bn after the July 2024 currency float, even as real growth continued—headline inflation also shows signs of stalling. Women & Finance: Ethiopia’s National Bank reports women take nearly 3 in 10 traditional bank loans by number but only 17.3% of the total loan value, pointing to a “credit depth” gap. Anti-Corruption Drive: Ethiopia’s Government Communication Service details a wide crackdown across trade, finance, mining, fuel, agriculture and customs—7,000+ businesses/warehouses sealed and dozens arrested or blocked, including crypto platforms. Energy Reality Check: A new analysis argues Ethiopia’s “invisible grid” of biomass still powers most final energy use, while the formal electricity grid covers only a small share. Trade & Industry: A proposed push for a single National Export Strategy aims to fix fragmentation and bottlenecks in export governance. Food & Agri Tech: Ethiopian researchers use a faster diagnostic test to detect wheat blast within 90 minutes, strengthening surveillance before the disease reaches Ethiopia. Regional Trade: A Horn of Africa Initiative roadmap validation in Nairobi aligns Djibouti, Ethiopia, Kenya, Somalia and South Sudan ahead of an Addis Ababa ministerial meeting. Transport & Aviation: Ethiopian Airlines says USD 90m in ticket revenue is stuck abroad, including USD 45m blocked in Russia due to sanctions, and is working with diplomatic channels to resolve it.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.