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Ethiopia's economy is ranked 159th place out of 190 countries in 'Ease of doing business'. [35] Ethiopia is also a part of African Continental Free Trade Area , Common Market for Eastern and Southern Africa , Intergovernmental Authority on Development , and the G24 , and has observer status at the World Trade Organization .
In late 1990s, the Office for Revision of Addis Ababa's Master Plan (ORAAMP) and National Urban Planning Institute (NUPI) were launched to analyze the economic status of the city. The city covered 29% of Ethiopia's GDP (59.5 Billions $ in 2024) and 20% of national urban development as of 2022. Commercial Bank of Ethiopia in Addis Ababa
15 March – The Commercial Bank of Ethiopia (CBE) encounters a systematic glitch on its service involving the withdrawal of more than 40 million dollars. CBE officials suspect that the glitch was caused by economic and political reasons [5] and the money was easily transferred to students in Dilla and Jimma University. [6]
This November, a 20-year-old man from the Amhara region of Ethiopia — forced to drop out of school by the ongoing civil wars in Africa’s second-most populous nation and become a second-hand ...
The U.N. World Food Programme hopes to resume some food aid distribution in Ethiopia as soon as next month once it has received greater control over how beneficiaries are selected, a senior WFP ...
STORY: "The situation in Ethiopia is spiraling out of control. Violence and destruction have reached alarming levels," Guterres told reporters. "Hostilities in the Tigray degrade region of ...
Due to the lack of progress in reducing the rate of poverty in Ethiopia, a map of marginality was created for the region to survey the state of poverty. [4] In Marginality as a Root Cause of Poverty: Identifying Marginality Hotspots in Ethiopia, Gatzweiler defines marginality as "an involuntary position and condition of an individual or group at the margins of social, political, economic ...
Agriculture constitutes over 50% of economic sector in Ethiopia, and the largest dependable economic activity. It includes production of livestock products (milk, egg, meat), beverages, leather and textiles industry. Besides, Ethiopia is the largest exporter of coffee involving over 15 million active workers.