ABN update

ABN@ It has been much-trumpeted that Ethiopia stands first in Africa and tenth in the world for its cattle resources; nevertheless, it remains a paradox that its citizens are still suffering to harness this rich potential due to various reasons. Many Ethiopians are unable, or unwilling to buyleather and leather […]

ABN# Just when many companies are finally starting to understand millennials, a new generation is starting to emerge. Generation Z—people who were born from 1995 onwards—is making its presence known as people from this generation are starting to enter the workforce and earning their own income. Marketers and market researchers still have a […]

ABN# The Ethio-UAE Business Forum opened in Addis Ababa today in the attendance of representatives of more than 60 business and government delegations, who seek to invest in various investment areas in Ethiopia. In his opening remarks, State Minister of Foreign Affairs, Dr. Akililu Hailemichael noted the two countries’ long-standing […]

ABN# Europe and Canada said they would seek their own guarantees over the safety of Boeing’s 737 MAX, further complicating plans to get the aircraft flying worldwide after they were grounded in the wake of two accidents killing more than 300 people. As the U.S. Federal Aviation Administration (FAA) analyses […]

ABN# Japan’s government downgraded its assessment of the economy in March for the first time in three years, blaming a bruising U.S.-China trade war for slumping exports and industrial output. The Cabinet Office, which helps coordinate government policy, said on Wednesday the economy is in gradual recovery, but exports and […]

Sub-Saharan Africa is likely to miss poverty targets:   ABN#     Sub-Saharan Africa has little or no chance of achieving the UN target of having not more than three percent of its population living in extreme poverty by 2030, according to a new World Bank report.   While rates […]

TEFF  back  home   BY ABN #   The Ethiopian government is celebrating a major victory in a long-running dispute over who owns the patent for products made from teff – an ancient grain that forms the basis of Ethiopia’s staple food, injera. Fitsum Arega, an Ethiopian diplomat who is the current […]