If you’ve ever driven or walked around Addis Ababa, it’s quite clear that the roads are congested and the traffic can be, at times, pretty bad. That’s because there’s been a rather large influx of cars coming into the country – thousands per year, by some estimates. As more and more Ethiopians are gaining access to increasing amounts of money, some are purchasing cars in order to make life and doing business easier. But what are the implications of this trend? EBR’s Berihun Mekonnen spoke with drivers and government officials about the issue.

Wednesday, 10 December 2014 12:00
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The Ethiopian government estimates that it has more than two million Ethiopian-born people who comprise its vast global diaspora, living in the United States, Europe, Australia and the Middle East, among other places. Much of the diasporic migration took place during the Derg regime (1974-1991); before that, during the time of the Emperor, it was common to see Ethiopians attending institutions of higher education abroad and returning home from western countries. 

Tuesday, 09 December 2014 12:00
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Regular food shortages can hinder the life of rural farmers, continuing the cycle of poverty and making some already destitute situations even direr. The Ethiopian government sought to remedy this problem through establishing the Productivity Safety Net Program. The Program aims to improve food security for poor households in rural farming areas. So far, the Program has had considerable success.  EBR’s Berihun Mekonnen spoke with some of the Program’s participants as well as some critics who think the Program could be doing more. 

Tuesday, 09 December 2014 09:00
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Steep rental fees are making it tough for prominent and fast-growing private banks to expand their enterprise. Strict regulations and increasing rental fees highlight the difficulty that private banks face in trying to grow the number of branches they operate throughout the country. EBR’s Samson Hailu explores the reasons why this problem has come about and what should be done to solve it. 

Friday, 15 August 2014 03:00
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As Ethiopia’s restaurant and hospitality industries continue to grow and many European cuisines flourish in main streets of Addis Ababa, the mushroom business is taking root. One can easily witness this from the new trend of advertisements about mushroom almost everywhere. Posted on billboards, electric or telecom polls, and walls and sometimes in the form of leaflets distributed by young boys in the busy streets of the Addis Ababa, information about mushroom products and market access is reaching the public in large numbers. Several companies have also been established recently to produce and collect mushrooms from producers to supply for restaurants, cafeterias and supermarkets.

Friday, 15 August 2014 00:00
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Steep rental fees are making it tough for prominent and fast-growing private banks to expand their enterprise. Strict regulations and increasing rental fees highlight the difficulty that private banks face in trying to grow the number of branches they operate throughout the country. EBR’s Samson Hailu explores the reasons why this problem has come about and what should be done to solve it. 

Friday, 15 August 2014 00:00
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Although expanding access to commercial credit is a key ingredient of development strategies, private businesses in Ethiopia find it increasingly difficult to access loans.  As a result, starting new businesses or expanding existing ones is becoming an out of reach issue.

The situation is pushing businesses aspiring expansions to look for other options of financing. Capital injection in the form of bringing new shareholders, loaning from families and friends are becoming the  alternatives.

Wednesday, 16 July 2014 03:00
Published in Economy & Finance
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On a hot Thursday afternoon, May 22, 2014, Assefa Mandefro, 60, a carpenter who builds traditional houses and decorates them using local materials, was busy completing a traditional restaurant and night club in the Gerji area of Addis Ababa. He rushes and gives orders shouting at his associates to meet his schedule of finishing the project and make it ready by the end of June.

Wednesday, 16 July 2014 03:00
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With the inauguration of Ethiopia’s largest cement plant, Derba Midroc Cement PLC in February 2012 and the expansion of Mugher and Messebo Cement Factories, the hyper- inflated cement market entered into a cutthroat price competition. Although the price of cement decreased from an average of more than 400 Birr a quintal to 160 at factories’ gate, the oversupply and saturation of the domestic market is pushing cement manufacturers to look for foreign markets. Since 60Pct of the cost of cement production goes to energy, which is largely generated from coal; it’s becoming evident that competing in the international market would only be feasible when energy-related constraints are resolved. EBR’s Samson Hailu explores the complex issue.

Monday, 16 June 2014 06:00
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With the introduction of the Growth and Transformation Plan (GTP) in 2010, special focus has been given to Ethiopia’s textile and garment industry. The country’s potential and distinct advantages in this field have made many excited about the prospects of growth. However, its performance in the past three-and-a-half years has been disappointing. The nation earned 244.2 million dollars from exports in three years while the target goal was 730 million dollars. As EBR staff writer Yoseph Mekonnen reports, lack of skill and work ethic, an absence of adequate infrastructure and raw materials,  and poor managerial know-how among industrialists are keeping the sector from reaching its full potential. 

Monday, 16 June 2014 03:00
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