Today, Africa has emerged from this dark path. Our Armageddon has passed
— Haile Selassie I
  • Ethiopia Aspires to Boost Coffee Production

    [Ethiopian Herald] According to the information found from the Ethiopian Coffee and Tea Development and Marketing Authority the country has produced a total of 449,000 tons of coffee in the last nine months. Out of this total production, the country has exported 159,652 tons of coffee and generated 560 million ...

  • Ethiopia:Market Economy Boosting Investment

    [Ethiopian Herald] The type of political structure of a given country decides the type of economic system it applied. Following the coming of the military junta into power in 1974 Ethiopian political map was totally shifted and its economic structure was also changed. The previous market led economy was replaced ...

  • Agro-Parks - Are They in Good Shape?

    [Ethiopian Herald] As Ethiopia is buzzing in exploiting the agriculture sector resource for industrialization and increased export, what comes to mind immediately is that how are the constructions of nationwide Integrated Agro-processing Industrial Parks(IAIPs) are going?

  • Stepping Up Efforts of Industrialization

    [Ethiopian Herald] Ethiopia is envisioned to be Africa's industrial hub by 2025. A number of industrial parks are already being built at a huge cost in various states of the country. Some giant world class manufactures have begun to rent sheds in these parks and others are also in the ...

  • Green Economy - More Than Novelty for Ethiopia

    [Ethiopian Herald] Ethiopia is integrating green economy agenda in all its cross-sectoral issues, and national and regional plans, which is allowing the country to take a better seat to harness the benefits and reduce the risks in a forward-looking and comprehensive manner.

  • Ida Pledges $375m to Electrify Nation

    [Addis Fortune] Ethiopia gets an additional 375 million dollars of financial assistance to finalise work of the electrification program. The parliament has legislated the loan agreement that signed between the Ministry of Finance & Economic Cooperation (MoFEC) and International Development Association (IDA).

  • Horn Integration Through Hydro-Power Supply

    [Ethiopian Herald] Sudan, Djibouti and Kenya have benefited from Ethiopia's bold move in tapping its hydro-power potential while the latter earned 55 million USD from energy export over the last nine months yet, Ethiopia has been setting the way straight for fast and effective economic interdependence in the Horn region.

  • Agriculture - Engine of Development for Ethiopia

    [Ethiopian Herald] Economic development transforms an economy from one that is largely agricultural to one that is largely manufacturing and services. Since agriculture currently dominates Ethiopia's economy and employment, however, there is an issue as to what its role should be in getting from here to there.

  • Ethiopia:Bringing Sustainable Economy Via Promoting FDI

    [Ethiopian Herald] Sources from Ethiopian Investment Commission indicates that the government is doing its level best to attract FDI. Several standard industrial parks have already been constructed and others are being constructed all over the country. So far, industrial parks that are put in place by the government (Bole Lemi-I ...

  • Ethiopia:Back On Track

    [Ethiopian Herald] Over a score and half a decade back a Foreign Direct Investment (FDI) was not there. A 500 thousand Birr capital ceiling was set on citizens. If any one dared to surpass the upper limit s/he would be frowned up on labeled a capitalist or a bourgeois.

  • Harnessing Industries for Global Market Competency

    [Ethiopian Herald] Ethiopia, with its aspirations to transform its emerging economy from agriculture to export industry, has prepared Growth and Transformation Plans (GTPI and II) and been implementing several strategies for the realization. It has completed the implementation of GTPI with considerable achievements in the year 2015 and two years ...

  • Enduring Way Out to Forex Crunch

    [Ethiopian Herald] Ethiopia's GDP had been recorded to be in the double digits, uninterrupted for close to 15 years until now, and unseen in the nation's economic history. Likewise, those international financial juggernauts had not been reluctant to speak about it either; whatsoever the case, we are hearing same chorus ...

  • Ethiopia's Astounding Achievement in Attracting FDI

    [Ethiopian Herald] Various sources indicate that the rapid inflow of Foreign Direct Investment to Ethiopia has continued over the past years. But the question here is that even when the country has passed through various political ups and downs, why is this tremendous FDI upward trajectory continued? What is the ...