The economy of Ethiopia is a mixed and transition economy with a large public sector. The government of Ethiopia is in the process of privatizing many of the state-owned businesses and moving toward a market economy. The banking, telecommunication and transportation sectors of the economy are dominated by government-owned companies.
Ethiopia, and officially the Federal Democratic Republic of Ethiopia, is a country located in the Horn of Africa region of East Africa. It shares borders with Eritrea to the north, Djibouti to the northeast, Somalia to the east and southeast, Kenya to the south, South Sudan to the west, and Sudan to the northwest. Ethiopia covers a land area of 1,112,000 square kilometres. As of 2023, it is home to around 128 million inhabitants, making it the 13th-most populous country in the world, the 2nd-most populous in Africa after Nigeria, and the most populated landlocked country on Earth. The national capital and largest city, Addis Ababa, lies several kilometres west of the East African Rift that splits the country into the African and Somali tectonic plates.
Oromia is a regional state in Ethiopia and the homeland of the Oromo people. The capital of Oromia is Addis Ababa (Finfinne).
An export credit agency or investment insurance agency is a private or quasi-governmental institution that acts as an intermediary between national governments and exporters to issue export insurance solutions and guarantees for financing. The financing can take the form of credits or credit insurance and guarantees or both, depending on the mandate the ECA has been given by its government. ECAs can also offer credit or cover on their own account. This does not differ from normal banking activities. Some agencies are government-sponsored, others private, and others a combination of the two.
The African Growth and Opportunity Act, or AGOA is a piece of legislation that was approved by the U.S. Congress in May 2000. The stated purpose of this legislation is to assist the economies of sub-Saharan Africa and to improve economic relations between the United States and the region. After completing its initial 15-year period of validity, the AGOA legislation was extended on 29 June 2015 by a further 10 years, to 2025.
The Central Statistical Agency is an agency of the government of Ethiopia designated to provide all surveys and censuses for that country used to monitor economic and social growth, as well as to act as an official training center in that field. It is part of the Ethiopian Ministry of Finance and Economic Development. The Director General of the CSA is Samia Gutu. Before 9 March 1989 the CSA was known as the Central Statistical Office (CSO).
Articles related to Ethiopia include:
Agriculture in Ethiopia is the foundation of the country's economy, accounting for half of gross domestic product (GDP), 83.9% of exports, and 80% of total employment.
Mining is important to the economy of Ethiopia as a diversification from agriculture. Currently, mining comprises only 1% of GDP. Gold, gemstones, and industrial minerals are important commodities for the country's export-oriented growth strategy.
The Ministry of Commerce ; abbreviated as MoCom), is a Cabinet-level ministry of the Government of Pakistan concerned with economic growth and commerce development and promotion in Pakistan. The administrative head of the ministry is the Commerce Secretary of Pakistan, presently Muhammad Sualeh Ahmad Faruqi. The political head, Minister of Commerce, is required to be the member of Parliament.
Energy in Ethiopia includes energy and electricity production, consumption, transport, exportation, and importation in the country of Ethiopia.
Pakistan Horticulture Development and Export Company (PHDEC) (Urdu: پاکستان باغبانی ترقی و برآمد کمپنی ) is a department of Ministry of Commerce of Pakistan. Pakistan Horticulture Development and Export Company was created due to the enormous potential of Pakistan's horticulture products in the global market. In the absence of a single ministry or institution responsible for development at all levels of the horticulture value chain it was considered important to set up PHDEC to uplift this sector, especially in light of the impact of globalization and World Trade Organization (WTO) regime.
The Ethiopian Horticulture Producer Exporters Association is a horticultural association based in Ethiopia. Chaired by Tsegaye Abebe, it was established in 2002 to promote the export horticulture and floriculture sector in Ethiopia.
Coffee production in Ethiopia is a longstanding tradition which dates back dozens of centuries. Ethiopia is where Coffea arabica, the coffee plant, originates. The plant is now grown in various parts of the world; Ethiopia itself accounts for around 17% of the global coffee market. Coffee is important to the economy of Ethiopia; around 30-35% of foreign income comes from coffee, with an estimated 15 million of the population relying on some aspect of coffee production for their livelihood. In 2013, coffee exports brought in $300 million, equivalent to 24% of that year's total exports.
People's Republic of China–Ethiopia relations were established in 1970. Ethiopia has an embassy in Beijing and the People's Republic of China has an embassy in Addis Ababa.
The Tamil Nadu Horticulture Development Agency (TANHODA) was constituted with the objective to rto chanelise the central assistance in a larger scale to promote Horticulture
The Tamil Nadu Horticultural Producers Co-operative Enterprises Limited (TANHOPE) was constituted with the objective to rto chanelise the central assistance in a larger scale to promote Horticulture.
Ethiopia generates most of its electricity from renewable energy, mainly hydropower.
Telangana is one of the fastest-growing states in India posing average annual growth rate of 13.90% over the last five years. Telangana's nominal gross state domestic product for the year 2020-21 stands at ₹13.59 lakh crore. Service sector is the largest contributor to the Telangana's economy with a share of about 65% in the year 2018-19. Growth in services has largely been fuelled by IT services with the State holding leading position in IT & ITeS in the country in terms of production and exports.
Ethiopia–Germany relations are bilateral relations between Ethiopia and Germany. Traditionally, they have closest diplomatic relations characterized by friendly relations. The two countries established their embassies on 7 March 1905, and in 1907 by order of Emperor Menelik II, the German embassy moved in the current site in Addis Ababa. Both enjoyed favored relations and visited each other's countries on numerous occasions. Germany has an embassy in Addis Ababa and Ethiopia has an embassy in Berlin.
