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.

Tuesday, 20 January 2015 09:00
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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.

Thursday, 15 January 2015 00:00
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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.

Tuesday, 13 January 2015 00:00
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