The national poverty rate has fallen by 33Pct in Ethiopia, according to a poverty assessment report released by the World Bank on January 20, 2015. That figure means that roughly 10 million people have been lifted out of poverty; however, according to the report, 35 million people still livebelow the poverty line in Ethiopia.
Ethiopia, together with Sudan, Uganda and Tanzania, might incur costs of USD53 billion if the war in South Sudan continues for the next five years, according to a report released by Frontier Economics, a London-based consultancy group. The cost is associated with security spending and other spillover effects.
Almost three decades after the Yamoussoukro Declaration, in which 44 African countries agreed to the principles of air service liberalization, the African UnionCommission has decided to open a single African air transport market by January 1, 2017. The decision was announced on January 12, 2015 at a meeting held at the Sheraton Hotel.
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The White-Box of Ethiopian Agriculture
The agricultural sector remains our Achilles heel, nonetheless, we remain convinced that agricultural-based development remains the only source of hope ...
Read moreFor Whoever Has, to Him Shall be Given …
As the Ethiopian government seeks to transform the economy into one that’s rooted in manufacturing, the simplicity for local investors to access finance...
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Shooting in the Dark: The Anomalies of Headhunting
The war for ‘heads’ – also known as talent – has been raging for many years and the manner headhunters ‘poach’ people is getting tougher ...
Read moreUnderstanding Chinese Investment in Ethiopia A Critical Evaluation of the World Bank’s “Chinese FDI in Ethiopia” Survey
The World Bank country office in Ethiopia, apparently in response to the request by the government of Ethiopia, has conducted a survey of...
Read moreMitigating Growing Income Inequality: What Needs to Be Done
Rising income and wealth inequality in many countries around the world has been a long-term trend for three decades or more. But the atte...
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