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Between 1960 and 1970, Ethiopia enjoyed an annual 4.4% growth rate in its per capita and overall gross domestic product (GDP). There was an increase in the manufacturing growth rate from 1.9% in 1960–1961 to 4.4% in 1973–74, with the wholesale, retail trade, transportation, and communication sectors increasing from 9.5% to 15.6%. [4]
Nifas Silk-Lafto, [2] also spelled Niffassilk Lafto or Nefassilk Lafto (Amharic: ንፋስ ስልክ ላፍቶ ክፍለ ከተማ), is a district (sub-city) of Addis Ababa, Ethiopia. As of 2011 its population was of 335,740.
The manufacturing sector's growth rate more than doubled from 1.9 percent in 1960–61 to 4.4 percent in 1973–74, and the growth rate for the wholesale, retail trade, transportation, and communications sectors increased from 9.3 percent to 15.6 percent. [1] Relative to its neighbors, Ethiopia's economic performance was mixed. [1]
At one time there were more than 9,000 families in Ethiopia. By the mid-80s their number had come down to 8,000. Presently, the Indian community numbers approximately 1,500 nationals plus an approx. number of 400 teaching staff on contractual assignment. [1] Around a hundred of them are businessmen.
In East Africa, over 95% of cross-border trade is through unofficial channels and the unofficial trade of live cattle, camels, sheep and goats from Ethiopia sold to Somalia, Kenya and Djibouti generates an estimated total value of between US$250 and US$300 million annually (100 times more than the official figure). [85]
Ethiopian Cotton: With the exception of Ethiopia, textile weaving is less common in East Africa. In the 1st century, cotton was imported into Ethiopia by Arabs. Ethiopia has conditions that are good for growing cotton thus cotton was then locally grown and woven into cotton fabric on horizontal pit-looms [ 20 ] mainly used by those with high ...
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The Ethiopian Broadcasting Corporation (EBC; Amharic: ኢትዮጵያ ብሮድካስቲንግ ኮርፖሬሽን, romanized: ītiyop’iya birodikasitīnigi koriporēshini), now rebranded as ETV (stylized in all lowercase), is an Ethiopian government-owned public service broadcaster. [3]