imported 2024-03-17 17:43:07
Ethiopia Top Stories
Politics in Ethiopia | Ethiopian federalism and 2015 national elections
The current administration of Ethiopia came to power in 1991 and it introduced a federal system and has drafted a constitution that aims to provide all citizens with full democratic rights. The constitution also allows for a multi-party system.
Ethiopia Sector Analysis
Ethiopian Industry: Will Ethiopia achieve the industry GTP targets on time?
To increase the domestic supply the government has been trying to address the problems by encouraging and supporting investors involved in the following industries: textile, leather, sugar, cement, metal, chemical, pharmaceutical and agro-processing industries.
Ethiopia Sector Analysis
Infrastructure development in Ethiopia: Building Ethiopia’s infrastructure with billions of birr
Ethiopia’s commitment to improve the state of its infrastructure is already showing its serious character. Transport, electricity (power), telecom and construction of educational as well as health centers have been at the forefront of improvement.
Ethiopia Top Stories
Tourism industry in Ethiopia | Tourism potential is immense, performance lagging behind
“What makes Ethiopia different from the neighboring countries like Kenya, Tanzania and Uganda is that our attractions are not just nature and wildlife, but they are much diversified. We have culture, history, nature and scientific tours,” claims Samrawit Moges, managing director of Travel Ethiopia.
Receiving the MoCT’s “best performers award” 3 times, Green Land Tours & Hotels developed into the best tour operator in Ethiopia, benefiting from more than 16 years of experience. It has been able to attract more tourists than any tour operator in the country.
For a country that took 11 months to get out of the deadlock, the events of the past few days are revealing. Sleiman Frangieh will not run for the presidential elections:
Ethiopia Top Stories
Foreign direct investments flows to Ethiopia | Why should foreign investors direct their investments to Ethiopia?
Ethiopia ranks 7th out of all African countries in terms of the ease of doing business. What kind of incentives does the country offer to foreign investors and which sectors are the most attractive for FDI?
Ethiopia Sector Analysis
Ethiopia’s export commodities and export markets: Coffee, gold and fluctuating prices
‘Export is a matter of life and death for us!’—say the government officials in Ethiopia. Ethiopia is exporting more than 1,800 commodities to over 45 countries across the globe. Led by coffee—the country’s flagship export item that accounts for about 65% of the total export—, a number of agricultural products (e.g. oil seeds) and gold have also been in the forefront of export for years.
Ethiopia Top Stories
Robust economic growth of Ethiopia during the last decade contributed to poverty alleviation in the country
While the economy of sub-Saharan Africa grew on average by 4.9%, Ethiopian economy registered a robust growth of 7.5% in the 2012/13 fiscal year according to the latest African economic outlook. Since the 2004/2005 fiscal year Ethiopian GDP had been steadily growing by an average of 10.6% each year according to the World Bank data. This in turn pushed the country to rank among the top fastest growing economies across the globe; led by the expansion of services followed by agriculture and manufacturing.
Ethiopia Top Stories
Ethiopia: Striving to achieve a middle income status by 2025
Certain economic analysts project the country’s per capita income (currently lowest in the region) to reach up to USD 4,000 within the coming ten years. Such achievement will make Ethiopia—a country previously described as ‘the poorest country in the world’—one of the top three powerful economies on the continent.
