Ethiopian Business Review

Is the youth fund a viable solution to tackle unemployment?

Youth unemployment has been a pressing issue for the government of Ethiopia for a long time, but at no other time has it become such an issue of national concern. The glut of graduates from rapidly spreading higher education institutions, coupled with the lack of jobs in both rural and urban areas has contributed to the rising political instability in all regions, leading to injury, property destruction and even death. To try and address the problem, the President of Ethiopia, Mulatu Teshome, (PhD) announced an ETB 10 billion revolving youth fund to help youths create their own opportunities. However, the administration and disbursement of the fund has not been as expected in Addis. EBR’s Samson Berhane looks at the reasons behind the underperformance.

Wednesday, 16 May 2018 12:00
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The horrific reality facing patients

Patients with critical illnesses are finding themselves in serious predicaments after the recurring foreign currency shortage began to affect the manufacture and import of medicines. Families are being increasingly forced to turn to unregulated informal market sources to find life-saving medicine now, even as importers and health institutions look for solutions to the problem. However, it may be easier said than done. EBR’s Ashenafi Endale explores the causes of the shortage and what awaits patients in the future.

Sunday, 15 April 2018 15:00
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Semera, the capital city of Afar regional state is a microcosm of the region. Growing construction and rising populations are propelling the young capital into the modern age. Investment potential, natural history and other assets are pushing people towards Semera. However, there are still roadblocks ahead for the young city. The reluctance of investors, lack of foreign currency and (growth notwithstanding) a small population, threaten to slow the massive potential that the city, and the regional state as a whole, have. EBR’s Ashenafi Endale was on the scene to explore this growing hub.

Sunday, 15 April 2018 12:00
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