Africa > East Africa > Ethiopia

Ethiopia

Capital: Addis Ababa; GDP growth (annual %) 2016 : 7.6%
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Key Facts

Full name: Federal Democratic Republic of Ethiopia
Population: 84.7 million (UN, 2011)
Area: 1.13 million sq km (437,794 sq miles)
Major languages: Amharic, Oromo, Tigrinya, Somali
Major religions: Christianity, Islam
Life expectancy: 58 years (men), 62 years (women) (UN)
Monetary unit: 1 Birr = 100 cents
Main exports: Coffee, hides, oilseeds, beeswax, sugarcane
GNI per capita: US $390 (World Bank, 2010)
Internet domain: .et
International dialling code: +251

 

  • Top 10 Most Attractive Investment Destinations In Africa

    2017/08/20

    Africa’s feverish increase has decelerated in recent years and a lot of nations have buckled under the pressure of falling resource prices, security disruptions, fiscal imprudence and adverse weather conditions.

  • Africa's Relationship With China Is Ancient History

    2017/07/02

    In 2002 South Africa's Parliament unveiled a digital reproduction of a map - of China, the Middle East and Africa - that some speculated could be the initial map of the African continent. The Da Ming Hun Yi Tu - the Comprehensive Map of the Great Ming Empire - was drawn up around 1389 during the Ming Dynasty, according to historian Hyunhee Park.

  • Climate change laws around the world

    2017/05/14

    There has been a 20-fold increase in the number of global climate change laws since 1997, according to the most comprehensive database of relevant policy and legislation.

    The database, produced by the Grantham Research Institute on Climate Change and the Environment and the Sabin Center on Climate Change Law, includes more than 1,200 relevant policies across 164 countries, which account for 95% of global greenhouse gas emissions.

  • Africa’s 20 most attractive countries for investors – Ernst & Young

    2016/05/16

    Despite its economy slowing down, South Africa remains Africa’s most attractive country for investors, according to the 2016 Ernst & Young Africa Attractiveness Index.

    The statement evaluates evolution made in governance, diversification, infrastructures, business enablement, human development inclunding resilience to current macroeconomic challenges.

    Morocco is ranked second on the index, followed by Egypt, Kenya, Mauritius, Ghana Botswana, Tunisia and Rwanda. Cote d’Ivoire comes tenth.

    Africa’s top economy, Nigeria comes 15th, mainly because of its poor performances in terms of governance and human improvment(See full ranking below).

  • Ato Mekuria Haile, Minister of Urban Development and Housing

    2015/12/19

    Ato Mekuria Haile, Minister of Urban Development and Housing, provides an exclusive insight into the country’s social, economic and human resources development, and discusses why investors should take a closer look at Ethiopia.

    Christine Lagarde said last year at the IMF’s Africa Rising conference in Maputo that Africa has three challenges: build infrastructure, build institutions, and build people. Please discuss Ethiopia’s efforts in this regard and how your Ministry has a key role in it.

    I think this is a very critical point for any developing country. In the case of Ethiopia, at the same time as we were planning the strategy we have to make sure that our plan gets implemented. The critical point of this schedule was capacity building and the implementation of capacity building plan. So, at the same time as we talk about capacity building we are talking about our human resources, about the systems development and the functional structure in place. This is because it is the sum of these three issues that gives you an institution implementation capacity definition.

  • Africa: Making Things Happen at the Bank - 'Not a Talk Shop' - Akin Adesina

    2017/07/02

    Dr. Akinwumi Adesina is focusing on five areas to achieve the African and world goals for a prosperous continent since becoming president of the African Development Bank - Africa's major public financial institution in September 2015. He was a keynote speaker at this month's Corporate Council on Africa's U.S.- Africa Business Summit in Washington D.C. and moderated a lively panel with five African government ministers. He as well received the Gene White Lifetime Succcess Award from the World Child Nutrition Foundation. This week, he was named the 2017 recipient of the World Food Prize, a prestigious honor that includes a $250,000 award. In an interview in Washington, DC, Adesina discussed the Development Bank's ambitious schedule and his vision for attracting the increase capital Africa needs. Posting questions for AllAfrica was Noluthando Crockett-Ntonga.

  • Yehuala Gessesse, President of Abay Bank

    2016/03/16

    Targeting the diaspora, farming communities and SMEs, Abay Bank’s profits have been rising on average by 78% annually, and were up 122% last year alone. Yehuala Gessesse, President of Abay Bank, outlines its strategy to reach additional of the people and keep it on such an impressive increase trajectory, and why investors should take a look at Ethiopia.

  • Aisha Mohammed Mussa, Minister of Culture and Tourism

    2016/02/05

    Ethiopia’s Minister of Culture and Tourism, Aisha Mohammed Mussa, explains the details behind the additional impetus Ethiopia’s government is adding to its tourism sector development and promotion to reach and indeed surpass the ambitious increase targets it has set for 2020.

    Having such a vast completed and culture, what would you say makes Ethiopia different from other tourism destinations?

  • Gosaye Mengistie Abayneh, CEO of Ethiopian Electric Utility (EEU)

    2016/01/29

    Ethiopia sent out a loud and clear message to the world with its Climate-Resilient Green Economy Strategy it adopted to be a carbon neutral economy by 2025: next development is to be fueled by greener power. Gosaye Mengistie Abayneh, CEO of Ethiopian Electric Utility (EEU), explains the country’s vast potential for renewable energy, their vision to interconnect African energy supplies, and Ethiopia’s win-win opportunities for its investors.

  • Ethio telecom

    2012/12/16

    Ethiopia has had an increasing GDP of extra than 10% for extra than 5 years now, which is foreseen to be the third-most dynamic increase after China and India till 2016. How do you explain this undergoing dynamic and how do you explain Ethiopia's increase?

    I think there is a very targeted and strong investment policy, which we as well find in the telecoms industry, because Ethiopia had fallen back regarding telecoms but they are catching up at a great pace.

  • Addis Ababa

    2012/12/16

    Addis Ababa, is the capital city of Ethiopia. It is the largest city in Ethiopia, with a population of 3,384,569 according to the 2007 population census. This datum has been increased from the originally published 2,738,248 figure and appears possibly largely underestimated still.