Abraham Belay (Ph.D.), Ethiopia's Minister of Innovation and Technology, said that Ethiopia's e-commerce potential market size exceeds 300 billion birr (over $6.64 billion), computed based on performance during the Ethiopian fiscal year ended on July 7, 2021.
The new "ultramodern" parking space at Addis Ababa's Meskel Square has gone operational. Part of the Meskel Square public project that cost over 2.5 billion birr, the Meskel Square underground parking space can provide parking to up to 1,400 vehicles at a time.
Tourism Ethiopia has announced a "National Tourism Investment Profile", an outline listing fifty prospective investment sties in Ethiopia. The profile is aimed at boosting Ethiopia's tourism sector in the upcoming decade.
The National Bank of Ethiopia (NBE) has ordered all commercial banks in Ethiopia to temporarily suspend lending via a directive issued. The temporary suspension has been made to prevent what NBE officials described as "economic sabotage".
S'hail Holding Group, a Qatar-based metal and plastics manufacturer, has contributed $10,000 for the Grand Ethiopian Renaissance Dam, Ethiopia's Ministry of Foreign Affairs stated.
