Economy & Business

Ecobank Transnational opens first branch in Ethiopia

Pan-African banking group Ecobank Transnational has opened its first branch in Ethiopia, establishing a foothold in the fast-growing East African…

Firms pulling out of Egypt; eyeing Ethiopia, Kenya

In Egypt, the withdrawal of up to 50 companies including Adidas and Puma has left 12,000 people out of employment…

Ethiopia’s GDP expanded by 9.7% in 2012/13

State Minister of Finance and Economic Development, Abraham Tekeste, said on Wednesday (October 9) that Ethiopia's economy grew 9.7 percent…

‘Africa Pulse’ reports rapid growth of Ethiopia, Kenya

The World Bank’s “Africa Pulse” report, an analysis of the issues shaping Africa’s economic prospects which comes out every two…

Report: Ethiopia in the ‘African Economic Outlook’

Ethiopia has registered fast and impressive growth for the last decade and this has provided momentum for accelerated economic development.…

Somalia’s Famine: How politics killed 250,000 people

(Jonathan Gornall) The word "famine" has a natural ring to it - an inevitable act of nature, if not God,…

Ethiopia: An extraordinary journey

(by Zemedeneh Negatu - Ernst & Young Ltd.) On his recent trip to Africa in early July, US President Barack Oba-ma…

Development| Doing it the Ethiopian way

(African Business magazine) Strong economic growth of around 10% over the past few years and impressive progress on infrastructural development…

Stratfor: Ethiopia, Kenya among China’s successors

The Global Intelligence think-thank Stratfor (Strategic Forecasting inc.) released a report titled "The PC16: Identifying China's Successors" last week. The…

World Bank: Ethiopia could reach middle income status by 2025

Press Release Ethiopia Economic Update – Laying the Foundation for Achieving Middle Income Status (June 18, 2013) Over the past…

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