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Political volatility can impact economic performance like any other risk often associated with business operations, especially in developing countries. This has been the case for Ethiopia, where the protests in the State of Oromia have affected businesses – resulting in the government having to compensate investors upwards of ETB100 million. In order to mitigate potential risks and create a better environment for investors, Ethiopia has its eyes set on joining the African Trade Insurance Agency (ATI). EBR’s Bantayehu Demlie spoke with individuals close to the issue to learn the intricacies of the decision to join the ATI.


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Overseas adoption is the process whereby someone of a particular nationality adopts a child from a different country. For years, Ethiopia has been one of the most popular places whence children are adopted. According to the African Child Forum, it ranked third globally in terms of overseas adoption from 2003-2011. This is due, in part, to relatively lax regulations that govern the adoption process, which some argue may subject children to potential dangers abroad, especially if they aren’t actually orphans. However, as EBR’s adjunct staff writer Meseret Mamo reports, government is working to better regulate the process and find domestic alternatives to overseas adoption.


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Ethiopian sport officials are looking to improve the country’s performance in continental and international competitions. One way to do this is nurture the next generation of talent that can rise to the standard of world-class athletic excellence. To that end, the government has invested money in developing youth training centres. The Tirunesh Dibaba Sport Centre in the State of Oromia is one such place. EBR’s adjunct staff writer Abiy Wendifraw visited the Centre and spoke to sports insiders to learn about the potential and challenges in developing future athletic talent.



Since the early days of modern trade there has been anxiety about the future of local businesses. It’s safe to assume that many Ethiopian companies haven’t experienced such a state of flux and uncertainty. Yet, as the economy positions itself to further integrate with the global economy and open its doors to more foreign investors, we must question the sustainability of continuing with the entrenched ‘business as usual’ approach as a long-term option.



The number of African entrepreneurs and those of African descent is growing significantly around the world. That is wonderful news, because frankly, I think nothing will be more empowering to Africans psychologically, economically, and politically in the long-run. Entrepreneurship is not a job, it’s a way of life that can potentially put you in control, enable you to expand your potential, increase your influence, and ultimately allow more freedom.
But there is more to it: one can actually make a significant impact in this world. And when you focus on Africa, you will contribute towards the future of a continent that has struggled to shine for far too long.



Africa’s drive for fast growth has garnered a great deal of attention over the last decade. This means taking lessons from the economic policy-making process of fast-growing East Asian countries like Taiwan and South Korea is important. Both nations confronted similar problems in their drive for fast growth and poverty reduction, without which the registered success in those countries would have been unthinkable.


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A Historical Figure Draws, Inspires Audiences

Kake Wurdowet was a woman who lived more than a century ago in the Gurage Zone of what is now the State of Southern Nations, Nationalities and Peoples. Her story is the subject of a play at the National Theatre that’s gained critical acclaim. Wurdowet is renowned for championing women’s rights when it was unorthodox to do so. The play and its central figure have raised questions about the role of theatre in bringing the stories of historical figures to life. EBR’s adjunct staff writer Meseret Mamo spoke with the playwright and theatregoers to learn more about the historical theatrical work and its impact in shaping society.


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Ethiopia’s Commercial Code was enacted in 1960 and many argue that it’s time to revise it to better reflect the changes the country has experienced and current international economic and political dynamics. But what’s the best way forward? Government officials state that they’re working to codify new laws that will govern business practices – and that they’re drawing on internal experts to do so. However, others argue for better transparency and that calling upon international experts from more sophisticated economies – whether they’re Ethiopian or foreigners – will only help to better align the policies with the best practices of other countries. EBR’s Bantayehu Demile spoke with leading experts and researched the nuances of the issue to explore the tensions around the possible revision of the Commercial Code.


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The 21st Conference of the Parties (COP), which convened in Paris last December, made history as the first time in which a global consensus was reached to flight climate change. Chief among the outcomes of the meeting was increased funding from developed countries to help emerging nations implement programmes to fight and curb carbon emissions. However, these funds haven’t been of much help to African countries, which have had difficulties accessing these monies in the past. In fact, according to the Climate Policy Initiative, countries in Asia and Western Europe received USD 119 billion and USD93 billion, respectively, to pursue green initiatives. Africa, however, only garnered USD2.3 billion for their projects. As the Paris Climate Conference provides new funding opportunities, what needs to take place for countries like Ethiopia to benefit? EBR’s adjunct staff writer Meseret Mamo spoke with insiders to learn more about the challenges of accessing competitive global financing and what’s being done to improve the country’s chances.


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Ethiopia’s 1960 Commercial Code is undergoing revision. The Ministry of Justice (MoJ) is leading this effort; one the private sector hopes will alleviate bottlenecks that hamper doing business.
This is not the first time the government has considered amending the Code. The MoJ and the Justice and Legal Systems Research Institute (JLSRI) attempted revisions in the past.
Also, in July 2008, the Addis Ababa Chamber of Commerce and Sectoral Associations (AACCSA) released a document on the private sector’s concerns over the draft proposed by the MoJ.




Ethiopian Business Review | EBR is a first-class and high-quality monthly business magazine offering enlightenment to readers and a platform for partners.



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