Ethiopian Business Review

The number of government officials and other high ranking appointees that have so far registered their assets as required by the asset disclosure and registration proclamation issued in March 2010, according to the Federal Ethics and Anti-Corruption Commission ten month report. The proclamation obliges appointees and elected persons to disclose and register assets under their ownership or that of their family.

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Despite many delays, the Addis Ababa City Roads Authority (AACRA) constructed 2,150Km of asphalt road until 2013/14 fiscal year, more than double the network coverage of the city 13 years ago. Before the establishment of AACRA in 1998, the city roads were constructed and maintained by the Road Construction Department under the Addis Ababa City Administration. The total length of asphalt roads constructed in the city until the establishment of the Authority was 970Km.

Published in Statistics
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The rapid and uninterrupted growth rate of Ethiopia’s Gross Domestic Product (GDP) has put the country as the fastest growing economy among 55 African countries, according to a report released last month by the United Nations Economic Commission for Africa and the African Union. The annual report, entitled “Dynamic Industrial Policy in Africa,” states that Ethiopia has registered a 9.4Pct growth, on average, during the past five years. According to the report, Ethiopia recorded the fastest growth reflecting expansion in services and construction, aggressive public spending on infrastructure and public services, and increasing agricultural production associated with rising domestic demand. 

Published in Statistics
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