Investment In Ethiopia – Behind The Steam (Video)

ERTA just released a video entitled “Investment In Ethiopia Behind The Steam” today.

Learn the secrets of Ethiopian development success …

Have a look and comment:

Ethiopia Adopts Mobile Technology for GERD Fundraising: Lottery and SMS Text

The government of Ethiopia has introduced new methods to raise funds locally for construction of the Grand Ethiopian Renaissance Dam, a multi-billion dam being built over River Nile.

The National Council for the Coordination of Public Participation on the Construction of the Dam has introduced two programs to raise funds – Mobile SMS and Lottery.

Fana Broadcasting Corporation and Ethio Telecom have agreed to offer these services for free of charge. The fundraising program will last for six months, ending in March 2015.

Continue reading

Ethiopia’s Improvements Should Allay its Critics

By Tibor Nagy | August 5, 2014
Nation’s economic growth has brought social progress

Regarding the Houston Chronicle editorial about Ethiopia, “Do Better” (Page B7, July 29), while one can take a snapshot of Ethiopia’s current political, economic and social circumstances and find areas for serious criticism, it would be much fairer to view where Ethiopia is today in relation to where it has come from, and especially to where it is headed.

I served as a U.S. diplomat twice in Ethiopia, as a member of the U.S. embassy staff in the mid-1980s during the awful days of the Marxist dictatorship at the height of the “Great Famine,” and again as ambassador from 1999-2002.

I have also returned to the country a number of times since then to help facilitate educational exchanges between U.S. and Ethiopian universities. In my experience, for most Americans, “Ethiopia” still conjures up images more reminiscent of the Four Horsemen of the Apocalypse than today’s reality.

Continue reading

Kenyan Scholar Says: Ethiopia is Rising – It is time for Kenya to Wake up and Compete

By BITANGE NDEMO

In one of my blog posts, I wrote about Ethiopia’s infrastructure development. As usual Kenyans were in denial but the fact remains that Ethiopia is advancing faster than any other African country.

The World Bank report says “Over the past decade, Ethiopia has achieved high economic growth, averaging 10.7 per cent per year. In 2012, Ethiopia was the 12th fastest growing economy in the world. If the country can continue its historically impressive growth performance, it could potentially reach middle income status by 2025.”

We can choose to continue bragging as the largest and diversified economy in eastern Africa or get our house in order and begin to compete with the rest of the world. It is bad enough to be in a leadership position in a region with countries at the tail end of per capita income.

Continue reading