Content type

Ethiopia Consumer Outlook: Economic Growth And Easing Inflation To Provide Tailwinds To H223 And 2024

Consumer & Retail / Ethiopia / Tue 29 Aug, 2023

Key View: We maintain our largely positive outlook for consumer spending in Ethiopia for the rest of 2023, with real household spending forecast to reach 4.5%. Growth will be underpinned by strong economic growth, while political and social stability supports private consumption and encourages fixed investment. Stubbornly high inflation and

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Political Risks To Remain Balanced In Ethiopia

Country Risk / Ethiopia / Fri 14 Jul, 2023

Key View

  • We continue to expect that the peace deal signed between Ethiopia’s federal authorities and the Tigray People’s Liberation Front (TPLF) will remain in place in the coming quarters, providing tailwinds to political stability, as will rapprochement with Egypt over the controversial Grand Ethiopian Renaissance Dam.
  • However, we note
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Ethiopia Poised To Be A Leader In EV Adoption

Autos / Ethiopia / Wed 25 Jan, 2023

Key View

  • The removal of a significant portion of the tax burden on electric vehicles, the low vehicle ownership rates and the expected electricity supplies from the Grand Ethiopian Renaissance Dam project will place the country in a strong position to transition to electric vehicles over a short period of time.
  • The market will continue to
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Ethiopia 2023 Consumer Outlook: Strained Consumer Spending Over 2023 Despite Easing Inflation And Conflict Risk

Consumer & Retail / Ethiopia / Wed 23 Nov, 2022

Key View: Over 2023, we hold a largely downbeat outlook for the Ethiopian consumer. While the slight easing of inflation and de-escalation of conflict in the northern parts of the country will brighten our outlook for private final consumption, risks remain heavily weighted to the downside. With the weakening of the birr, food insecurity

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