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The video game industry has advanced significantly as a result of the availability of photorealistic graphics, reality simulation, and internet connections with millions of other players in today’s games and gaming platforms. Video game playing is no longer only a kid’s pastime evolving into a way of life for people of all ages. In this article, EBR’s Eden Teshome tells a story on how gaming is growing both as a business and leisure both in Ethiopia and Africa, at large.


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Floors in residences, offices and other such places have seen a series of styles through the years. Until recent times, it was a mixture of cement and sand that would be used to coat most indoor floors in urbanite Ethiopia. Such floors would have been covered by other plastic sheets. For the years that followed, tiles and ceramics have dominated the fashion of coating floors in the capital. Recently, however, the use of epoxy to coat floors and kitchen tables seem to have made an entrance into the business and trend. In this article EBR’s Eden Teshome writes about the material, the trend and the business behind epoxy coatings, and its shifting global market.


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Many have referred to the current global digital transformation as the “fourth revolution.” Ethiopia joined this journey and expressed commitment through the “Digital Ethiopia by 2025” strategy launched on June 20, 2020. Digital Ethiopia is an initiative of the Ethiopian Government, to leverage and expand digital opportunities and lead the country towards an innovative, knowledge-based economy.

The country started to witness remarkable changes in the digital landscape after the emergence of COVID-19, which enforced lockdowns, social distancing, and several restrictions that called for rapid digitization on all fronts. In this article, EBR’s Bamlak Fekadu tells the story of how the latest digital revolution is bearing fruit for e-commerce businesses.


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For the longest time, young men and women in Ethiopia have dealt with substances such as khat, cigarettes and alcohol. Widely consumed and considered as part of the culture in some parts of the country, khat used to be the primary point of concern as far as substance abuse is concerned. In recent years, the list of substances being abused by teenage boys and girls seems to be getting longer. As this concerning list gets longer, EBR’s Bamlak Fekadu looks into the consumption of opioids and its impact on the youth.


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The popularity of book-to-film adaptations is rising. Popular books are frequently adapted into movies and television shows because studios want to capitalise on a successful idea that already has a following, bringing it to a larger audience. Georges Melies, a pioneer who paved the path for numerous film methods, is credited with creating the first known footage of a book-to-film adaptation. In 1899, he produced two adaptations: Cinderella, based on the Brothers Grimm tale, and King John, the first film known to be based on Shakespeare. His other work is based on the English author H. Rider Haggard’s adventure tale, Her. The practice is also being adapted into Ethiopian cinema, writes EBR’s Trualem Asmare.



It would not be an overstatement to say that 2018 was a momentous year in the history of regional integration in Africa, since it was then that the African Union Member States established the African Continental Free Trade Area (AfCFTA). Aside from its continental ambit, departing from the focus on integration through regional economic communities (RECs) in Africa, the timing of the formation of the AfCFTA is interesting and commendable. It was formed at a time when many were talking about the return of “deglobalization” (referring to less integration among economies) and the rise of populism and protectionism, challenging the post-Cold War era of free trade areas, even in countries that were traditionally the ardent advocates of globalization.



Trade and technology development policies almost always have distributional consequences. There may be a few exceptions for which the implementation of a policy produces either gains or no loss for nearly everyone, what economists would call a Pareto improvement. But these instances are relatively rare. You could argue that for early-stage developing countries, the export-driven growth model that draws surplus labor into the modernizing manufacturing and urban sectors comes close to meeting this standard. But even there, the gains are not spread evenly, and income inequality normally increases.



With soaring food prices, climate change, and rapid population growth undermining food security in Africa, the continent is in dire need of an agricultural revolution.
Fortunately, steps taken by three forward-looking countries show that success is not only possible but well within reach.

The COVID-19 pandemic, compounded by supply-chain disruptions and surging inflation, has highlighted the fragilities of Africa’s food systems, leading to a 60Pct increase in hunger across the continent in 2020 alone. And climate change, which is expected to degrade freshwater ecosystems and arable lands, rendering vast areas of Africa uninhabitable, will only make things worse.



As the west is wrestling with Russia and China to maintain the ‘rule-based international order’, maintaining neutral positions on both fronts is difficult for Ethiopia and other developing countries.

On 22 October 2022, the United States introduced a national security strategy which reads “The most pressing challenge facing our vision is from powers that layer authoritarian governance with a revisionist foreign policy. Russia and [the Peoples republic of China (PRC)] pose different challenges. Russia poses an immediate threat to the free and open international system, recklessly flouting the basic laws of the international order today, as its brutal war of aggression against Ukraine has shown. The PRC, by contrast, is the only competitor with both the intent to reshape the international order and, increasingly, the economic, diplomatic, military, and technological power to advance that objective.”



Since the founding of the first bank in the early 20th century, the banking sector had witnessed the heavy-handed interventions of the government. Since NBE started functioning as a central bank as stipulated in Proclamation No. 206 in 1964 this role of the government has continued.

Despite the lack of independence, the central bank has had relative competence in the way its governors execute their duties. There have also been proclamations that limit the government’s excessive interventions and borrowing. These restrictions enabled the bank to control inflation and other economic anomalies. However, the restrictions were lifted in 2008. Since then, inflation has become a major nuisance in the economy, among others.




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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