Business News
AFRICA – Malnutrition continues to rob generations of Africans of the chance to grow to their full physical and cognitive potential, hugely impacting health outcomes and economic development... Read more
ZIMBABWE – Zimbabwe’s largest retail group, OK Zimbabwe has reported a 49% surge in revenue in the first quarter of its current financial year to June 2021, despite COVID-19-induced disrupti... Read more
NIGERIA – One of Nigeria’s leading sugar processors, Dangote Sugar Refinery, has recorded a double-digit growth in its half-year revenue for the period ended June 2021 to N131.95 billion (US... Read more
SOUTH AFRICA – Africa’s largest diversified packaging manufacturer, Nampak, continues to register bullish performance reporting nearly a quarter rise in revenue in the nine-month period ende... Read more
SOUTH AFRICA – In line with its vision to be one of the world’s most responsible retailers, Woolworths Holdings Limited (WHL) based in South Africa has unveiled its next set of ambitious Goo... Read more
President: Sahle-Work Zewde
Prime Minister: Abiy Ahmed Ali
Capital city: Addis Ababa
Languages: Oromo (official working language in the State of Oromiya) 33.8%, Amharic (official national language) 29.3%, Somali (official working language of the State of Sumale) 6.2%, Tigrigna (Tigrinya) (official working language of the State of Tigray) 5.9%, Sidamo 4%, Wolaytta 2.2%, Gurage 2%, Afar (official working language of the State of Afar) 1.7%, Hadiyya 1.7%, Gamo 1.5%, Gedeo 1.3%, Opuuo 1.2%, Kafa 1.1%, other 8.1%, English (major foreign language taught in schools), Arabic (2007 est.)
Population, persons: 109,224,559 (2018)
Area, sq km: 1,000,000
GDP per capita, US$: 772 (2018)
GDP, billion current US$: 84.4 (2018)
GINI index: 35.0 (2015)
Ease of Doing Business rank: 159
