Ashenafi EndaleOctober 29, 2019
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1min40910

Buying houses from real estate developers incur 15Pct Value Added Tax and six percent title deed transfer fee of an actual price tag. Additionally, real estate developers take more time to deliver housing units which further escalate cost of construction that ultimately push price tag further.
This makes houses built by real estate companies more expensive for the vast majority of Addis Ababans. As a result, house buyers have been looking for affordable options
Villas developed by unlicensed individuals have become one of the options. The unlicensed individual developers have lesser tax obligations and deliver houses for less at a shorter span of time. As a result, they are becoming more active in the housing market.
As their number increases, there is a fear that the market would become informal and out of the watchful eyes of the government. EBR’s Ashenafi Endale Explores.


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1min45850

Ethiopia is one of the few countries in Africa that has not made significant changes in its basic land policy since the radical land reform of 1975. Exceptions to this have been occasional land redistributions to accommodate the growing population. This is not because the current policy serves the interest of agricultural development better than its alternatives. Various studies suggest that the insecurity of land tenure hampers rights on land, discourages farmers to productively invest in land, and restricts transferability of land, posing significant constraints to agricultural growth and natural resource management. The government, which remains in its firm position that there are no private property rights on land, seems to ignore such findings.


Kiya AliJune 27, 2019
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1min34210
Demand for Locally Made Leather Bags Surges

Ethiopia’s locally made leather handbag market is rapidly evolving as new designers enter the market. People commonly carry locally produced handbags, which are now available in different sizes and captivating designs, contrary to trends just a few years ago. Although there have been shortages of raw materials, many are capitalizing on the opportunities and investing in the sector as EBR’s Kiya reports.


Ashenafi EndaleApril 23, 2019
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1min70740
Providing A Glimpse of Hope for women Entrepreneurs

For many female entrepreneurs in Ethiopia, starting and running a business is a very challenging prospect. One of the biggest issues facing women in Ethiopia is access to finance. Traditional loan models rely on collateral and credit histories, which many women do not have. However, some new investment models have arisen, including angel investing, which involves investors, sometimes in foreign countries, investing in small and medium enterprises in developing countries, sometimes for a small cut of the company. EBR’s Ashenafi Endale explored this new avenue for women to start their businesses.


Samson BerhaneApril 23, 2019
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1min64780
Architect of A Successful Woman-Led Tech Startup

Samrawit Fikru is the creator of Hybrid Design, a company behind the most popular taxi hailing app in Ethiopia, Ride. Samrawit is always trying to identify problems and respond accordingly. It was likely this quality that was the key to her success. Transformed from an SMS-based on demand service to a mobile app, Ride is now used by more than 1,300 drivers and has been downloaded over 50,000 times. EBR’s Samson Berhane sat down with the 29 year old entrepreneur to learn about her journey to success and the challenges she has faced so far.


Ashenafi EndaleJune 15, 2018
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1min46450
The Rise of A Megacity

Lagos, the financial and commercial capital of Nigeria is a city in the middle of great changes. Although it covers less than one percent of Nigeria’s territorial land mass, it accounts for over 60Pct of industrial and commercial activities in the nation. Even based on the city’s 2015 gross domestic product of USD136 billion taken, it has become the 5th largest economy in Africa. While visiting Lagos, EBR’s Ashenafi Endale explores the city’s prospects for further economic growth.


Ashenafi EndaleApril 15, 2018
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1min49600

Semera, the capital city of Afar regional state is a microcosm of the region. Growing construction and rising populations are propelling the young capital into the modern age. Investment potential, natural history and other assets are pushing people towards Semera. However, there are still roadblocks ahead for the young city. The reluctance of investors, lack of foreign currency and (growth notwithstanding) a small population, threaten to slow the massive potential that the city, and the regional state as a whole, have. EBR’s Ashenafi Endale was on the scene to explore this growing hub.


Berihun MekonnenAugust 15, 2013
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1min134620

Seeing how the newly constructed eight lane road on Africa Avenue is swamped with cars at rush hours gives an indication as to what is happening in the city’s car market. Every day more than 40,000 cars of different models and brands pass through this corridor alone. Yet this is not unique to this specific street. Every major road in the city is seen crowded with cars almost all the time. As the number of urbanites who are joining the ranks of the middle class is increasing so do the number of cars.


Berihun MekonnenJuly 15, 2013
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1min86850

Worku Girma spent nearly two years looking, unsuccessfully, for work after graduating in Law from Wollega University, one of the recently established higher institutions in the country. Back then, he would probably never have imagined that he would be a designer at a shoe factory for a Chinese company. Yet, that was what happened after he completed three weeks of training the company gives for new employees. He currently works for Huajian International Shoe City, which is one of the companies nested in the Eastern Industrial Zone.


Mikias MerhatsidkJuly 15, 2013
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1min108000

Almost 100 years before Columbus discovered America, a Chinese explorer named Zheng He (also known as Cheng Ho) led seven expeditions from China all the way to the Cape of Good Hope in South Africa. His ships are said to dwarf anything sailed by later European explorers and continue to amaze today. In all, it is estimated that he had between 48 to 317 ships with a crew of over 28,000 men. During each of Zheng’s voyages, he brought back diplomats from other countries or encouraged ambassadors to go to the capital Nanjing on their own, according to historical records.



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