Stories - MarcoPolis

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.

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The best tour operator in Ethiopia: Green Land Tours & Hotels

February 28, 2014

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.

Lebanon Top Stories

The Time for Moderation

February 27, 2014

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:

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Foreign direct investments flows to Ethiopia | Why should foreign investors direct their investments to Ethiopia?

February 26, 2014

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

February 21, 2014

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.

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Robust economic growth of Ethiopia during the last decade contributed to poverty alleviation in the country

February 12, 2014

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

February 11, 2014

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.

Ethiopia Sector Analysis

Ethiopia banking sector analysis: Ethiopian banks at a crossroads

February 7, 2014

Ethiopia Sector Analysis
Ethiopia banking sector analysis: Ethiopian banks at a crossroads
Thanks to the firm monetary policy of the National Bank of Ethiopia (NBE), all Ethiopian banks have survived until presence and none has been experiencing symptoms suggesting possible bankruptcy. Ethiopian banks now appear more profitable and ahead of the sub-Saharan standard. Conversely, the sector has to tackle a number of challenges including Ethiopia’s accession to the WTO.

Ethiopia Sector Analysis

Ethiopia: Construction materials scarcity no longer a challenge, but there is a need for sophisticated construction materials

January 16, 2014

Ethiopia Sector Analysis
Ethiopia: Construction materials scarcity no longer a challenge, but there is a need for sophisticated construction materials
The scarcity of construction materials was also among the serious challenges for the construction sector in general which also faced the real estate sub sector a few years ago. The coming of Derba Cement – the major cement supplier (52% market share) with a competitive price – has solved the problem, although GIFT Real Estate argues for using ‘sophisticated’ construction materials.

Ethiopia Sector Analysis

Ethiopia: Addressing the housing demand through Integrated Housing Development Program

January 14, 2014

Ethiopia Sector Analysis
Ethiopia: Addressing the housing demand through Integrated Housing Development Program
Through the Integrated Housing Development Program – a housing program worth of Birr 15.4 billion which is supported by the World Bank – Ethiopian government has been working to reduce slums in urban areas of the country by 50% as part of its Millennium Development Goals (MDGs).