Africa > East Africa > Ethiopia


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


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

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    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


    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.

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  • Yehuala Gessesse, President of Abay Bank


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  • Aisha Mohammed Mussa, Minister of Culture and Tourism


    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)


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  • Ethio telecom


    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


    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.