Etiopia
Vai alla Scheda Paese »Today, Africa has emerged from this dark path. Our Armageddon has passed
— Haile Selassie I
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Children pay high price as famine looms across Somalia, South Sudan, Nigeria and Yemen
Source: UN Children's Fund Country: Nigeria, Somalia, South Sudan, YemenAs humanitarians reach at least 10 million people each month in the 4 countries, UNICEF calls for further international efforts to save nearly 1.4 million children at imminent risk of death.WASHINGTON D.C., 18 July 2017 – This is a summary of a ...
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Tigrai State - a Rewarding Investment Destination
[Ethiopian Herald] Ethiopia has ample opportunities for investment. The growing Foreign Direct Investment (FDI) influx to the country is said to be among the highest in Africa.
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Is Ethiopia the Ideal Investment Spot in Africa?
[Ethiopian Herald] Foreign Direct Investment (FDI) has been steadily growing in Ethiopia due to the various incentives both federal and regional governments offer to investors. The incentives include tax holidays, improved bureaucracy and infrastructure development. The government has been investing heavily to improve the country's infrastructure that added values to ...
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Debt Disbursement Hits Five-Year Low
[Addis Fortune] The amount of debt disbursed by the external development partners to Ethiopia has reached the lowest level since 2011/12, reaching 1.7 billion dollars, according to the latest Public Sector Debt Statistical Bulletin published by the Ministry of Finance & Economic Cooperation (MoFEC).
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Accelerating Structural Economic Transformation
[Ethiopian Herald] On various occasions, a number of international organizations have confirmed Ethiopia's remarkable economic growth registered over the past ten plus years. Nonetheless, they have been recommending the government to put extra efforts to bring about structural economic transformation as 90 per cent of the country's GDP generated from ...
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Coffee Export Revenue - in the Making
[Ethiopian Herald] Though Ethiopia is a country of the origin of coffee, it is not enjoying fair benefits from its resource. Hence, to increase both the quality and quantity of coffee export, facilitating access to market linkages, availing price information, establishing vibrant coffee marketing system and value chaining are believed ...
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Adding Value to Growing Economy - Kombolcha Industrial Park
[Ethiopian Herald] Ethiopia is pursuing an ambitious plan that speeds up its growing economy. The nationwide industrial parks construction comes at the forefront of the developmental feats in this regard. Lying on a-75 hectare of land in north-central part of the country, the recently launched first phase of Kombolcha Industrial ...
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MSSP launches 60-hour marathon to raise funds for missionary work
The Missionary Society of St Paul (MSSP) is holding its 15th edition of its annual marathon in order to raise money for several projects it has in Malta and in Peru, Pakistan and the Philippines.As at 1pm, Saturday, €35,645 were collected.Speaking to The Malta Independent, Fr Louis Mallia, expressed that helping others ...
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Ethiopia, Western World From Donation to Economic Partnership
[Ethiopian Herald] A US - based KKR has invested 200 million USD in floriculture
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Family planning saves lives and promotes resilience in humanitarian contexts
Source: CARE, International Rescue Committee, Save the Children, Women's Refugee Commission Country: Afghanistan, Australia, Burundi, Canada, Central African Republic, Colombia, Democratic Republic of the Congo, Ethiopia, Germany, Honduras, Iraq, Kenya, Lebanon, Myanmar, Nepal, Nigeria, Pakistan, Somalia, South Sudan, Sudan, Syrian Arab Republic, Turkey, Uganda, Ukraine, United States of America, World, YemenThe ...
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Coffee Export Hits U.S.$866 Million
[Ethiopian Herald] Ethiopia earned 866 million USD exporting 221,000 tons of coffee during its last fiscal year .
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Small businesses stunned after ERCA evaluation
A bar and restaurant owner at a new condominium compound on the outskirts of Addis Ababa is saying that the new way of conducting the daily sales assessment by the Ethiopian Revenues and Customs Authority (ERCA) has negatively affected him. The businessperson who wished to remain anonymous told Capital he ...
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Amdework Negussie
Name: Amdework Negussie Company Name: Alella Promotion Studio Title: Owner and Managing Director Founded in: 2011 What it does: Event organizing for health and safety related issues HQ: Enkulale Fabrica Number of employees: 7 Startup capital: 10,000 birr Current capital: Growing Reasons for starting the business: For financial freedom Biggest ...
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Letarik Alemayehu
Name: Letarik Alemayehu Education: BA in Literature Company Name: Letarik Advertising and Printing Studio Title: Owner and Managing Director Founded in: 2013 What it does: Advertising, event organizing and printing HQ: Near Plaza Hotel Number of employees: 30 Startup capital: 1,800 birr Current capital: 2 Million birr Reasons for starting ...
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Revisiting the Washington Consensus
Two features have characterised International Economic Law during the recent period of rapid and seemingly unrestrained economic globalization: its emergence as the most important field of international law and its close association with the ruling paradigm of development, as embodied in the celebrated Washington Consensus. Its importance is confirmed by ...
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Girma Shiferaw
Name: Girma Shiferaw Education: Advanced diploma in ICT Company: Girma Computer Studio Title: Owner and manager Founded: 2012 What it does: Sells computers and maintenance and network installation HQ: Adisu Gebya Number of employees: Three Startup capital: 13,000 birr Current capital: Over one million birr Reasons for starting the business: ...
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More needs to be done to justify budget allocations, MoFEC
The Ministry of Finance and Economic Cooperation has alleged that government offices and officials failed to adequately prepare appropriation requests. While delivering a speech on the budget for the coming year to parliament, Abraham Tekeste (PhD), Minister of Finance and Economic Cooperation (MoFEC), said that government agencies had not planned ...
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Commercial loans to be reduced
The government is going to slow down commercial loans since the country’s export revenue has not met expectations. Abraham Tekeste (PhD), Minister of Finance and Economic Cooperation, told the parliament when the fiscal year begins next month, the government will reduce overseas commercial loans. The country has undergone a hard ...
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Maaza Kitaw passes the baton
Maaza Kitaw, who led Berhan Insurance SC since its inception for two consecutive three year terms as chairperson of the board of directors, requested that the board nominees exclude her from the chairmanship election. At the board meeting held last Wednesday May 31st, Maaza declined to run or accept a ...
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Trade globally act locally
ZEP-RE, a COMESA institution has opened a country office in Addis Ababa. ZEP-RE has been promoting trade in the region since 1992. They underwrite business with all companies in Ethiopia which is their second largest market, representing 7.6 percent of total business. The new Addis Ababa office is part of ...
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'MICE Is a Growing Industry With Promising Opportunities to Our Nation and the Continent,' Kumneger Teketel
[Ethiopian Herald] Despite Ethiopia's aspirations in tapping its rich tourism resources, the Meetings, Incentives, Conference and Exhibitions (MICE) tourism has not been paid due attention unlike the leisure tourism. Yet, for Kumneger Teketel, the nation could lure multiple benefits with a closer understanding and support of the industry, describing it ...