Cepheus Capital Research
Cepheus Capital Research

Cepheus Capital Research

Coverage: Ethiopia
Cepheus Capital is a private equity firm focused on the Ethiopian market. Cepheus Capital provides local insights into Ethiopia’s latest macroeconomic developments, evolving market and financial conditions, and sector-specific themes and trends.
Location: Addis Ababa

Analysts

Latest articles from Cepheus Capital Research

Ethiopia’s Digital Economy

We review the digital economy landscape in Ethiopia – services offered, companies involved and activity indicators. Policy reforms are helping remove past constraints such as poor telecom connectivity and restrictive regulations. New entrants, new fu...
Cepheus Capital Research Cepheus
Cepheus Capital Research @ Cepheus Capital Research 1 July 2021
Ethiopia’s Digital Economy
Ethiopia’s Digital Economy

Ethiopia: Quarterly Macroeconomic Review – Q1 2021

While most macro indicators for the first quarter of 2021 showed a recovery from COVIDrelated shocks, the economic outlook has since become clouded by ongoing impacts from the recent conflict, heightened geo-political tensions, and rising risks to ex...
Cepheus Capital Research Cepheus
Cepheus Capital Research @ Cepheus Capital Research 16 June 2021

Ethiopia: Macroeconomic Handbook 2021

We expect Ethiopia’s macroeconomic conditions in 2021 will be shaped largely by developments in six key areas: covid, conflict, crops, credit, creditors, and currency. Crops:Is the crop harvest this year turning out to be a boom or a bust? For our ba...
Cepheus Capital Research Cepheus
Cepheus Capital Research @ Cepheus Capital Research 1 March 2021
Ethiopia: Macroeconomic Handbook 2021
Ethiopia: Macroeconomic Handbook 2021

Ethiopia: Quarterly Macroeconomic Review – Q4 2020

Growth: We continue to project 4.1 percent growth for the current fiscal year, on the basis of a broadly unchanged crop output, 9 percent growth in industry, and 4 percent growth in services. Although there is much uncertainty on the crop outlook (wh...
Cepheus Capital Research Cepheus
Cepheus Capital Research @ Cepheus Capital Research 28 February 2021

Ethiopia's Treasury Bills Market: A one-year overview

Background:Ethiopia’s T-Bill auctions were set up in December 2019 as the first step in the establishment of market-based debt and equity markets that eventually cover both the public and private sectors. For private banks, T-Bills make up roughly 4%...
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Cepheus Capital Research @ Cepheus Capital Research 30 December 2020

Ethiopia's GDP Statistics: Data pack and some observations

Ethiopia’s National Planning Commission recently released the final GDP estimates for the 2019-20 fiscal year that ended in June 2020. While the headline figure—of 6.1 percent real GDP growth—has been widely reported, other aspects have received less...
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Cepheus Capital Research @ Cepheus Capital Research 18 December 2020
Ethiopia's GDP Statistics: Data pack and some observations
Ethiopia's GDP Statistics: Data pack and some observations