imported 2024-03-17 17:43:07
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
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
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
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).
Ethiopia Top Stories
Real estate in Ethiopia growing by 25% | Role of private real estate companies in Ethiopia
The increasing number of emerging middle incomers has increased the demand for real estate development. A 2010 study by the Africa Development Bank shows that Africa’s middle class has increased to 34%, an increase of 27% from the 1980s, and Ethiopia is not considered to be an exception. Given that the government cannot address the need for the increasing demand for real estate on its own, it allowed a number of local private investors to become the major actors in the development of real estate in Ethiopia.
Libya Top Stories
Libyan Foreign Relations: Making Friends amid growing Pains
With the establishment of first the National Transitional Council; the election of its successor, the General National Council and a prime minster, the majority of countries quickly lined up to recognize the new state.
Discover Labadi Beach Hotel, a 5 star hotel, resort and business address located in Accra, Ghana.
Banking in Ghana is not an easy task. Competition is neck-deep and the jostle for customers continues unabated. Realizing how tight the banking environment was, uniBank quickly carved a niche for the bank as one that cares for its customers.
A cautionary note to recent graduates and others on the employment market, a recent survey shows the Lebanese employers are in a mixed hiring mode this upcoming economic quarter.
Time was in America, young men would run off to the circus for adventure; dreaming of glamour as lion tamers, strongmen, and fame as aerialist defying gravity like flying heroes… For the now 60-something-year-old Claude Salhani the circus of the Middle East was right outside his front door, and he picked up a camera to record it all…
