Economy

The “Made in Ethiopia” challenge

The “Made in Ethiopia” challenge

Over 4,500 busy hands make uniforms in Adama Industrial Park for Ethiopian security personnel. They fashion military uniforms, raincoats and accessories for the Ethiopian National Defense Force (ENDF), federal police, prison guards and police forces. Antex, a giant in Chinese fashion manufacturing, runs seven sheds within the park, becoming a go-to contractor for government orders. The company once exported apparel...

Coping with catastrophic plagues

Coping with catastrophic plagues

While the whole world struggles to survive the COVID-19 pandemic, Ethiopia is facing several other disasters on multiple fronts. Long before the coronavirus was declared a pandemic, Ethiopia was facing the disastrous impacts of desert locust. As if it was not enough to be overwhelmed by the blowing impacts of coronavirus, the desert locust coupled with coronavirus now has been...

Running Against the Wind

Ethiopian Oscar Contender ‘Running Against the Wind’ to Hit Cannes Virtual Market

French sales group Wide Management has picked up worldwide rights, outside of Ethiopia, for Jan Philipp Weyl's coming-of-age drama Running Against the Wind. The feature, which was Ethiopia's official entry for the best international film Oscar, will be presented to buyers next month at Cannes' virtual film market, the Marché du Film Online. The film follows two friends growing up in...

The abyss of graduate unemployment - Ethiopian Magazine | Ethiopian News

The abyss of graduate unemployment

One Monday morning, it was almost impossible to find a spot to stand, and to look into the vacancy advertisements, when Biruk Teshome arrives at one of the roadside notice board which thousands of job seekers visit every day around Aratkillo, Addis Ababa, just a walking distance away from the building of the Ministry of Education (MoE). “Currently getting a...

A 10 year, 10k clean energy initiative - Ethiopian Magazine | Ethiopian News

A 10 year, 10k clean energy initiative

Efforts and initiatives have been carried out on trial to lighten the darkest part of Africa that left some 600 million people from the reach of electric power supply. This time, the United Nations Economic Commission for Africa (UNECA) has unveiled a new five-year initiative that seeks an initial investment of USD 10 billion to produce 10,000 megawatts of clean...

What went wrong with national economic plans and why does it matter? - Ethiopian Magazine | Ethiopian News

What went wrong with national economic plans and why does it matter?

How likely will Ethiopia transform from poverty to prosperity in ten years?It seems a question the current government is expected to provide details of its plans on how to achieve that in such a wavelength political orientation. However, for the past ten years, the national economic planners have lingered to attain structural transformation in the economy, and they named their...

“These are uncertain times”

“These are uncertain times”

In Ethiopia, the issue of the coronavirus, which has overwhelmed the world’s best medical institutions is about to hit home and overwhelm the local vulnerable health care system that is under resourced with a population that is still ill informed, ill equipped, facing a dwindling medical supplies and income to protect themselves from the virus that has so far killed...

Gomeju Oil to build aviation depot

Gomeju Oil to build aviation depot

One of the thriving indigenous oil distribution companies, Gomeju Oil Ethiopia, is to join the aviation fuel market by building a jet fuel depot at the Addis Ababa Bole International Airport at a cost of 200 million birr. Founder and CEO of Gomeju Oil Ethiopia, Tewodros Yeshiwas, told The Reporter that his company has secured a plot of land from Ethiopian Airports...

COVID-19 costs Ethiopian USD 190 mln

COVID-19 costs Ethiopian USD 190 mln

Africa’s largest carrier, Ethiopian Airlines, has lost USD 190 million revenue in just two months’ time due to the flight disruptions in connection with the COVID-19 outbreak throughout the world.   In an exclusive interview with The Reporter Ethiopian Airlines Group CEO Tewolde Gebremariam said that Ethiopian has lost USD 190 million revenue in the month of February and March. “It is not...

Page 1 of 2 1 2
ADVERTISEMENT

RECOMMENDED

Follow us on Facebook

ADVERTISEMENT