Ethiopian Business Review

The number of tourists who visited Ethiopia during the last nine months of the current fiscal year. Close to USD1.5 billion was obtained from the sector, according to the Ministry of Culture and Tourism. This dramatic change in revenue came due to the increase in the average stay of tourists from 4.7 days to 8 days this year. This was achieved through a coordinated effort among stakeholders such as tour and travel operators and hoteliers according to the Ministry.

Published in Statistics
Read more... 0

Access to electricity in Ethiopia had reached 51Pct, according to the Ministry of Water, Irrigation and Energy. State Minister Kebede Gerba announced the figures on May 22, 2014. The government plans to expand access to electricity to 75Pct next year. To achieve this, Ethiopia has set a national target of increasing power generation capacity fivefold, to reach 10,000 MW by the end of 2015.

Published in Statistics
Read more... 0

Addis Ababa ranked third among 84 emerging cities worldwide to advance its global positioning over the next 10 to 20 years. The ranking comes from the “Emerging Cities Outlook 2014,” a report published by A.T. Kearney, a US-based management consulting firm that focuses on strategic and operational issues facing businesses, governments and institutions across the globe.

Published in Statistics
Read more... 0