In 2016 Ethiopia imported $17.9B, making it the 75th largest importer in the world. During the last five years the imports of Ethiopia have increased at an annualized rate of 14.7%, from $8.83B in 2011 to $17.9B in 2016.
The top import origins of Ethiopia are China ($5.46B), the United States ($1.54B), India ($1.3B), Kuwait ($1B) and Italy ($700M).
Posted on :Wednesday , 5th December 2018
At the African Economic Conference (AEC) in Kigali where more than 700 participants including policymakers, academics, development partners and financiers from across Africa and beyond were present in order to discuss ways to accelerate progress in infrastructure integration,that is including the removal of barriers for movement of people goods and services across borders within Africa.
Posted on :Monday , 26th November 2018
In 2009, the Catalyst Fund raised to $125 million which it invested in 9 companies in Kenya, Tanzania and Ethiopia with diverse interests in manufacturing of consumer goods, pharmaceuticals, industrial agro-processing, logistics and engineering as well as healthcare, technology and financial services.
Whereas, this year the Catalyst Fund II raises US$155 million suc. . .
Posted on :Wednesday , 5th September 2018
BEIJING - When the 2018 Forum on China-Africa Cooperation (FOCAC) Summit opens in Beijing on Monday with the theme "China and Africa: Toward an even stronger community with a shared future through win-win cooperation," it will be a new starting point for the two sides to upgrade their cooperation.
China and Africa have been cooperating in multiple ways. The ties were en. . .
Posted on :Tuesday , 27th June 2017
Ethiopia's economy is growing so rapidly it may soon replace Kenya as the largest economic power in the region. But a large number of people in the country still live in poverty and many challenges remain.
Ethiopia's Hawassa Industrial park
The recent inauguration of the giant Hawassa industrial park was a special moment for Ethiopia's government. Built with Chinese help, . . .
Posted on :Tuesday , 4th April 2017
Washington, DC - Little has been said about Africa policy by the new U.S. President or his administration, but recent announcements and appointments provide an emerging outline of an approach that gives priority to security concerns.
Support for democracy, development and health may no longer be policy cornerstones as they have been for all post-Cold War presidents, Democratic an. . .
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