World Bank Sees Ethiopia GDP Grow at 7 Percent for Medium Term
ADDIS ABABA – August 26, 2013 — Ethiopia’s economy is likely to grow seven percent a year over the next three to five years, below its average of the last decade, and to push that rate higher, the government needs…
Ethiopia’s Infrastructural Drive Continues at High-Gear
By Nejib M. August 02, 2013 Ethiopia has been working with the objective of achieving the middle-income status in about 25-30 years for the last decade. Under a committed leadership and well-crafted policies of a developmental state, a double-digit annual…
Invest in Ethiopia: Focus – Mekelle
Millennium Cities Initiatives Earth Institute, Columbia University New York Disclaimer Always referred to as a hub to almost 85% of the World’s Natural resources. Africa indeed is a blessed continent among all continents and even by the time the West…
Boomtown – Can Ethiopia Become a Model for African Growth?
By Florence Beaugé LE MONDE/Worldcrunch Once it was USA for Africa, now Ethiopia’s expats are returning to be part of a striving new middle class ADDIS ABABA – It is a strange-looking capital. A gigantic open-air construction site, located at an…
Ethiopia Courts BRICS for Rail Projects to Spur Economic Growth
By William Davison May 1, 2013 Ethiopia is negotiating with Brazil, Russia and India to finance and build rail links after agreeing terms last year with Chinese and Turkish companies for other routes, the head of the state rail company…
Ethiopia’s Five-Year Plan Dispels Nation’s Negative Image
Once driven by famine, Ethiopia is making giant strides, reports Elissa Jobson Ethiopia is on the up. Annual GDP growth rates of more than 10 per cent between 2004 and 2011, a 30 per cent decrease in those living below the poverty line since…
Videos: Ethiopia’s Emerging Middle Class
The African Development Bank (AfDB), entitled the Middle of the Pyramid: Dynamics of the Middle Class (2011), defines the middle class broadly to include a group of people who spend (on per capita basis) US $2 -$20 daily. AfDB further…
Ethiopia Registers 10.5 Percent Economic Growth: PM Hailemariam
Addis Ababa, April 23, 2013 — (WIC) — Ethiopia’s economy has grown by 10.5 per cent on average during the first two years of the Growth and Transformation Plan (GTP) period, according to Prime Minister Hailemariam Dessalegn. While presenting 2012/13…
Mining to be Ethiopian Economic Backbone as Allana Outlines Progress
By: Simon Rees 7th March 2013 TORONTO (miningweekly.com) – Sub-Saharan Africa was at the fore of the Prospectors and Developers Association of Canada’s 2013 show, with projects from West, Central and Southern Africa firing the imagination of many delegates and…
Ethiopia Registers Double Digit Growth So Far during the Growth and Transformation Plan (GTP)
Photo: Girma Birru, Ethiopian Ambassador to the USA By Tsehaye Debalkew Washington D.C. March 04, 2013 During the past two Ethiopian Fiscal Years (2010/2011 and 2011/2012) real GDP growth of 11.6% and 8.5% have respectively been registered. The share of…
Beyond Overheated Economy – Comparative Analysis of Ethiopian Fastest Growing Economy Recent Figures
By Grenchal Zharina Feb 28, 2013 (IMF, 2012: Ethiopia Draft Review) ‘Tackling the opportunity cost of holding foreign exchange reserves given the returns in highly profitable infrastructure projects’ Introduction The term overheated economy in economics has two distinct avenues, but…
Ethiopia’s Economy Benefits from Returning Diaspora
By Anders Kelto At a salon in Ethiopia’s capital, Addis Ababa, customer Erica Kanesa relaxes in a leather chair. “I’m just doing manicure and pedicure,” she says, leaning her head back while a beautician works on her nails. Spa businesses…
‘Ethiopian Characteristics’ of Economic Growth and the Politics of Growth Bumps
By Habtamu Alebachew Jan 23, 2013 Click link below to read entire post in easy to read PDF version: ethiopian-characteristic-of-economic-growth Prelude A dozen of outstanding policy makers and development economists warn about what they call the ‘growth bumps’ amidst remarkable…
Ethiopia and the Battle for Economic Stability
By Aksumawi Turner Dec. 19, 2012 Abstract: The Journey for Economic stability has been a very difficult task for the African nations. The one nation which was never colonized, has had to try this journey with little to no assistance…
World Bank Group: 2.5 Million Ethiopians Lifted out of Poverty over the Past 5 Years as a Result of Strong Economic Growth (VIDEO)
Photo: Guang Zhe Chen, World Bank Country Director for Ethiopia Ethiopia’s Growth is Double the Sub-Saharan Average World Bank Group : Ethiopia Economic Update – Overcoming Inflation, Raising Competitiveness ADDIS ABABA, December 13, 2012—Over the past decade, the Ethiopian economy has…
Review of African Political Economy: Obituary – The Legacy of Meles Zenawi
By Martin Plaut, BBC World Service News, London, UK Dec. 05, 2012 I recently obtained a somewhat grainy, black and white photograph dated 14 December 1935. It shows a long line of men, walking down a dusty street in Addis…
Ethiopia Opens Up For Investment
By Mzwandile Jacks Nov. 27, 2012 VENTURES AFRICA – Ethiopian Prime Minister Hailemariam Desalegn, has shown earliest signs that he wants to put an end to Addis Ababa’s aloofness and invite foreign companies to invest in the country. Desalegn –…
Ethiopia – Africa’s Next Mobile Banking Gold Mine?
Ethiopia’s Success is Meles Zenawi’s Legacy! BY MARTHE VAN DER WOLF | OCTOBER 26, 2012 Ethiopia is one of the few remaining African countries to introduce mobile banking. With the booming economy and a population of 80 million this country could be…
Ethiopian Among Ten African Countries with High Consumption Growth Potential
Ethiopia’s Success is Meles Zenawi’s Legacy! BY FEMI ADEWUNMI | NOVEMBER 9, 2012 So you’ve decided to take the plunge and expand your business into Africa. Great. But the continent is not one homogeneous market and comprises 54 countries, each with its own unique…
Meles Zenawi and the Ethiopian State
By Medhane Tadesse[i] Oct. 24, 2012 Understanding the late Ethiopian prime minister and his dream for the nation Introduction Meles Zenawi and the Tigray People’s Liberation Front (TPLF) led Ethiopian Peoples Revolutionary Democratic Front (EPRDF) came to power in 1991…
Recent Comments