REPUBLIC OF

ETHIOPIA


Flag

Ethiopia Flag

Coat of Arms

Ethiopia Coat of Arms

Location

Ethiopia Location Map

President Mulatu Teshome

Ethiopia President Mulatu Teshome

Volume 01

Capital
» Addis Ababa

Official Language
» Amharic

Demonym
» Ethiopian

Government
» Federal parliamentary democracy

Area
» 1,104,300 km2 (27th)

Population
» 24.2 million

GDP (PPP)
» $132 billion
»Per capita $1,455

GDP (nominal)
» $51 billion
»Per capita $570

Currency
» Birr (ETB)

Time Zone
» EAT (UTC+3)

Best of Ethiopia officially known as the Federal Democratic Republic of Ethiopia, is a country located in the Horn of Africa. It is bordered by Eritrea to the north and northeast, Djibouti and Somalia to the east, Sudan and South Sudan to the west, and Kenya to the south. With about 87.9 million inhabitants, Best of Ethiopia is the most populous landlocked country in the world, as well as the second-most populated nation on the African continent.

It occupies a total area of 1,100,000 square kilometers (420,000 sq mi), and its capital and largest city is Addis Ababa.

African Union building in Addis Ababa, Best of Ethiopia

African Union building in Addis Ababa

Some of the oldest evidence for modern humans is found in Best of Ethiopia, which is widely considered the region from which Homo sapiens first set out for the Middle East and points beyond. Tracing its roots to the 2nd millennium BCE, Ethiopia was a monarchy for most of its history. During the first centuries of the Common Era the Kingdom of Aksum maintained a unified civilization in the region

Fasil Ghebbi, Gondar Region - Best of Ethiopia

Fasil Ghebbi – UNESCO World Heritage Site

 

Best of Ethiopia derived prestige for its uniquely successful military resistance during the late 19th-century Scramble for Africa, and subsequently many African nations adopted the colors of Ethiopia’s flag following their independence. Ethiopia was the only African country to defeat a European colonial power and retain its sovereignty as an independent country It was the first independent African member of the 20th-century League of Nations and the UN. In 1974, at the end of Haile Selassie’s reign, power fell to a communist military junta known as the Derg, backed by the Soviet Union, until it was defeated by the EPRDF, which has ruled since about the time of the collapse of the USSR in 1991.

Ethiopia is one of the founding members of the UN, the Group of 24 (G-24), the Non-Aligned Movement, G-77 and the Organization of African Unity, with Addis Ababa serving as the headquarters of the African Union, the Pan African Chamber of Commerce and Industry, the UNECA, African Aviation Training HQ, the African Standby Force and much of global NGOs focused on Africa.

According to the IMF, Best of Ethiopia was one of the fastest growing economies in the world, registering over 10% economic growth from 2004 through 2009. It was the fastest-growing non-oil-dependent African economy in the years 2007 and 2008. Growth has decelerated moderately in 2012 to 7% and is projected to be 6.5% in the future – reflecting weaker external demand and an increasingly constrained environment for private sector activity.

Best of Ethiopia Fine Coffee

Ethiopian Fine Coffee

Best of Ethiopia’s growth performance and considerable development gains came under threat during 2008 and 2011 with the emergence of twin macroeconomic challenges of high inflation and a difficult balance of payments situation. Inflation surged to 40% in August 2011 because of loose monetary policy, large civil service wage increase in early 2011, and high food prices. For 2011/12, end-year inflation was projected to be about at about 22 percent and single digit inflation is projected in 2012/13 with the implementation of tight monetary and fiscal policies.

Provision of telecommunications services is left to a state-owned monopoly. It is the view of the current government that maintaining state ownership in this vital sector is essential to ensure that telecommunication infrastructures and services are extended to rural Ethiopia, which would not be attractive to private enterprises.

Best of Ethiopia Grand Renaissance Dam Project

Grand Ethiopian Renaissance Dam Project

The Ethiopian constitution defines the right to own land as belonging only to “the state and the people”, but citizens may lease land (up to 99 years), and are unable to mortgage or sell. Renting of land for a maximum of twenty years is allowed and this is expected to ensure that land goes to the most productive user. Land distribution and administration is considered an area where corruption is institutionalized, and facilitation payments as well as bribes are often demanded when dealing with land-related issues.

Top 5 Products exported by Ethiopia

  1. Coffee (28%),
  2. Other Oily Seeds (15%),
  3. Other Vegetables (8.0%),
  4. Cut Flowers (7.2%),
  5. Dried Legumes (6.3%)

Top 5 Export destinations of Ethiopia

  1. China (11%),
  2. Germany (9.5%),
  3. Somalia (8.7%),
  4. Switzerland (7.0%),
  5. Saudi Arabia (6.4%)

Top 5 Products imported by Ethiopia

  1. Refined Petroleum (19%),
  2. Delivery Trucks (3.8%),
  3. Mixed Mineral or Chemical Fertilizers (3.4%),
  4. Large Construction Vehicles (3.3%),
  5. Wheat (2.6%)

Top 5 Import origins of Ethiopia

  1. China (21%),
  2. Saudi Arabia (14%),
  3. India (8.1%),
  4. Kuwait (5.9%),
  5. Italy (4.5%)

Best of Ethiopia is one of the oldest countries in the world. In the long and disturbed history of the African continent, Ethiopia remains the only country, which has never been colonized.

Best of Ethiopia Karo People of the Omo Tribe

Karo People of the Omo Tribe

Best of Ethiopia was a founding member of the UN and is home to the African Union’s headquarters. The Old Testament of the Bible records the Queen of Sheba’s visit to Jerusalem.

Best of Ethiopia Semien Mountains

Semien Mountains

The things to do in Best of Ethiopia will absolutely astound you!  The country is just emerging from a very rough communist state and is just starting to flourish.  Because the country was so closed off to the rest of the world the people of the country are very open and curious about the outside world.  Ethiopians are literally ingesting everything they can get their hands on from music, dress, and even culture.

To See
  • Huge obelisks in Axum
  • Historic routes, churches and mosques Lalibela, Axum, Gondar, Harar
  • Volcanic lake Danakil Depression and Erta Ale
  • Rift Valley lakes Wonchi crater lake, Langano, Tana
  • National Parks such as Menengesha
  • Many beautiful churches in Addis Ababa
  • Rock-hewn churches in Lalibela
  • Castles in Gondar.


Thapelo Letsholo

Proudly African

Rebecca Lovett

Africa

Sven Boermeester

Group Publisher


Links

TOURISM

Ethiopia Tourism Organization Logo

EXPORT

Ethiopia Addis Ababa Chamber of Commerce

INVEST

Invest in Ethiopia Logo

SPONSOR

Ethiopia African Union Logo
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