The Intertwined Challenges of Building Strong Institutions, Navigating Political Flux, and Empowering a Thriving Middle Class

Exploring the dynamic relationships and interactions among institutional weakness, political instability, and the state of the middle class in Ethiopia is an exciting exercise. The interplay of these three key elements is currently shaping the Ethiopian society. Understanding their relationship is essential for informed decision-making, effective policy formulation, and promoting sustainable and inclusive development in the country.



The dearth of entrepreneurs has long been a binding constraint on Africa’s economic development. To remedy it, African governments should foster business environments that ensure a level playing field and coordinate their actions at the regional and continental level.


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Though bathed in year-round sunshine, Ethiopia faces a surprising yet critical health issue: vitamin D deficiency. This essential nutrient, crucial for bone health and immune function, is lacking in many Ethiopians, both children and adults. The paradox lies in several factors. Limited access to vitamin D-rich foods like fish and eggs, coupled with cultural practices and clothing that minimize sun exposure, contribute to the deficiency. Additionally, darker skin tones naturally synthesize vitamin D less effectively.

The consequences of this deficiency are far-reaching, increasing the risk of bone diseases like rickets and osteoporosis, weakening the immune system, and hindering muscle development.

Addressing this challenge necessitates a multifaceted approach. Promoting a balanced diet rich in vitamin D sources, along with public awareness campaigns highlighting the importance of sun exposure and vitamin D supplementation, are crucial steps. Additionally, government initiatives like fortifying staple foods and promoting outdoor activities can play a significant role.

Overcoming this public health concern requires collaboration between the government, healthcare providers, and communities. Only through concerted efforts can Ethiopia harness the power of sunshine and ensure the health and well-being of its citizens. EBR’s Dr. Brook Genene takes a closer look at the matter.


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Ethiopia’s Giant Football Clubs Struggle for Survival

As the 2023/24 Ethiopian Premier League kicks off, dark clouds loom over two of the country’s biggest football clubs: St. George and Ethiopia Bunna FC. Both teams are facing significant financial challenges that threaten their very existence. While football, in theory, should be self-sustaining through revenue streams like membership payments, commercial deals, matchday income, merchandise sales, and television deals, this ideal scenario seems far-fetched in the current Ethiopian football landscape. EBR’s Brook Genene delves deeper into the financial quagmire engulfing these two clubs, analyzing the root causes and exploring potential solutions to safeguard the future of Ethiopian football.


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Tigist Kebede, the Co-Founder and Operations Director of Habeshaview Technology and Multimedia, is a visionary entrepreneur passionate about Arts and Culture. Under her leadership, Habeshaview has become a rapidly growing entertainment and multimedia business in Ethiopia. They offer an OTT (Over the Top) & IPTV (Internet Protocol Television) platforms that stream content from Pan-African and underrepresented creators. With a focus on promoting Ethiopian culture, Habeshaview provides a global IPTV streaming service, distributes Ethiopian films internationally, and operates a white-label OTT platform. Their recent success includes hosting the London Ethiopian Film Event and bringing acclaimed films to audiences worldwide. EBR’s Eden Teshome sat down with Tigist Kebede for this exclusive


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Ethiopia is rapidly developing into a promising hub for startups and innovation. The recent agreement between the Ministry of Innovation and Technology and the Addis Ababa City Administration to establish astate-of-the-art startup city further fuels optimism for the future of the country’s startup ecosystem. While the success of the startup city is yet to be seen, the initiative carries significant promise for Ethiopia’s future. By addressing key challenges and fostering a vibrant ecosystem, the city has the potential to propel Ethiopian startups onto the global stage and contribute significantly to the country’s economic and social development. EBR’s Eden Teshome explores.


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Ethiopia is implementing a national ID system to modernise governance and empower citizens. This transformative initiative provides unique identification numbers, streamlines access to government services, and promotes inclusivity. The system utilises advanced technologies like biometrics and secure databases to ensure accurate verification and protect privacy.

The national ID system fosters economic growth, attracts investment, and empowers marginalised communities by enhancing service delivery efficiency and promoting equal access for all citizens. It also improves security by reducing identity theft and fraudulent activities. However, challenges such as the lack of financial resources and ensuring accessibility in remote areas need interventions to see the project achieve its goals to the fullest. Overall, Ethiopia’s national ID system is a cornerstone of digital governance, driving progress and prosperity for the nation. EBR’s Nejat Ahmed explores.



The Ethiopian government is busy establishing a local capital market after a long deliberation. A lot of initiatives are underway to complete the plan. This is probably one of the few shifts the new government has taken from the old revolutionary democrats.

A capital market is another form of financial intermediation, like banks, to supply the necessary finance for economic investments. In some instances, however, it takes a different route than banks; it thrusts into investments that are too risky and too long for commercial banks.


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A Glimpse from Goldman Sachs Report

Goldman Sachs, a leading global investment banking firm, has made intriguing predictions of Ethiopia’s economy in their “Global Economics Paper: The Path to 2050.” While the exact details remain hazy, the report paints an optimistic picture of significant economic growth and transformation for the nation. Accordingly, in 2050, Ethiopia will have a USD 1.6 trillion economy, ahead of the USD1.4 trillion GDP of South Africa and Argentina. While it’s important to acknowledge the inherent uncertainties and treat any projections cautiously, Ethiopia has immense potential for economic growth and transformation in the coming decades. EBR’s Economic Research & Business Intelligence closely examines the report.




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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