Ethiopian Business Review

Can it be a vibrant Hub?

Located 99 kilometers from Addis Ababa, Adama is one of the largest and most vibrant cities in the state of Oromia and is home to almost half a million people. Its key role as a route for a large portion of the nation’s imports and exports has made it one of the most energetic cities in Ethiopia. Even more, the completion of its first industrial park last month makes it one of the country’s most promising investment spots. Despite the growth in businesses’ desire to invest in Adama, the city administration has been unable meet demands for investment licenses, which have accumulated for the past four years. Recurrent water shortages and rising living costs have remained challenges for the city’s residents. EBR’s Ashenafi Endale, who visited the city last month, reports.

Friday, 16 November 2018 03:00
Published in Focus
Read more... 0

In the past, house rents in Addis Ababa have increased chiefly because of the critical housing shortage and the surge in demand for apartments and houses. 

Over the past three months, however, rental prices have risen at an alarming rate, because of the rise in the number of Eritrean migrants, among other factors. EBR’s Ashenafi Endale investigates the matter.

Friday, 16 November 2018 03:00
Published in Focus
Read more... 0

Since its creation in 2009, Bitcoin has grown popular across the world. During its earlier years, it was almost monopolized by mega investors. But later on, with the establishment of Bitclub, ordinary people became able to invest in Bitcoin and to own small computing machines on their farm. This includes Hanna Teklie, an Ethiopian entrepreneur and many others who are investing in cryptocurrencies, as EBR’s Ashenafi Endale writes.

Monday, 15 October 2018 06:00
Published in Focus
Read more... 0