More effort to better benefit from the promising mining sector

BY BACHA ZEWDIE Ethiopia’s virtually untapped, diverse and vast mineral resources offer huge potential opportunities for exploration and development. These include – but are not limited to – tantalum, potash, gemstones, gold,... Read more »

Moves to exploit agribusiness potential

BY ABEBE WOLDEGIORGIS Ethiopia has vast arable land which can advance crop production and could be used as input for agro-industry. In the same way, there are abundant livestock resources which can... Read more »

Viable avenue to reinvigorate Ethio-Eritrean ties

BY MENGESHA AMARE Following the reform inundated in Ethiopia since two years ago, Ethiopia and Eritrea, which have been disbelievingly judged each other, and were serious foes for long, have come to... Read more »

Ethiopia’s balance of trade, major international trade destinations

BY STAFF REPORTER Ethiopia runs consistent trade deficits due to small production of exportable goods and logistic difficulties. Main exports are gold, coffee, cut flowers, live animals and oilseeds. The country is... Read more »

Chamber of Commerce proclamation amendment in line with economic reform, international standards

BY BACHA ZEWDIE Ministry of Trade and Industry in collaboration with the former Ethiopian Chamber of Commerce and Sectoral Associations (ECCSA) has designed a draft proclamation that replaces proclamation No.341/2003 to re-establish... Read more »

Substituting imported wheat, agricultural products

BY ABEBE WOLDEGIORS  Agriculture is the mainstay of Ethiopia’s economy but its subsistence nature, the traditional way of farming, poor application of inputs and vulnerability to drought hindered the growth of the... Read more »

Revised policy aims to ensure accelerated, inclusive development for pastoralists

 BY MULATU BELACHEW According to estimates, pastoralists consist 12 to 14 percent of Ethiopia’s population and cover 60 percent of the country’s land. Hence, both in terms of population, land coverage and... Read more »

Commission paving way for amended investment law’s implementation

BY BACHA ZEWDIE Following the consecutive discussions on Ethiopia’s amended investment law with stakeholders such as ambassadors, foreign and local investors as well as government officials, EIC has conducted a closing discussion... Read more »

Linking educational institutions with industries to reap multifaceted economic advantages

BY ABEBE WOLDEGIORGIS Recently, the Adama Science and Technology University (ASTU) signed a Memorandum of Understanding with the Korean based EKOS Steel and Metal Industry. As per the agreement, the Adama University’s... Read more »

Ethiopia’s debt threat to sustainable economic boom, needs to be dealt with

BY ABEBE WOLDEGIORGIS Recently, the Ethiopian government announced that the total domestic and foreign debt of the country rose to 2.01 trillion Birr. The Ministry of finance report indicates that the total... Read more »