Ethiopia Improves Corruption Index Rating

Jan 31 , 2021

Ethiopia has shown a slight improvement in the 2020 Corruption Perceptions Index (CPI), released by Transparency International last week. The country is currently ranked 94 out of 180 countries with a score of 38/100. The ranking is marginally better than the previous year when the country was ranked 96 and scored 37. The year before that, Ethiopia was ranked 114 with a score of 34. This year, Ethiopia shares the same rank with seven other nations including Tanzania, Brazil and Afghanistan. More than two-thirds of the countries featured on the Index scored lower than 50, with Somalia and South Sudan coming last in the rankings. The CPI rankings are determined using a composite of 13 surveys and assessments of public sector corruption, according to Transparency International, a German NGO founded in 1993.



Street vendors around the Shola area take a rest in the shades of the capital's newly planted trees. Upon reporting on its 10-month performance before parliament, the Agricultural Minister indicated that up to 43pc of the arable land in the country has been rendered acidic. This requires large amounts of limestone to be imported from abroad; the tight forex crunch has not allowed the Finance Ministry to fund the endeavour easily. Following the rallying call of the PM a staggering 6 billion seedl...



Residents of communal houses around the Weji area hang their clothes on the fences outside. Textile manufacturing accounts for 87pc of Ethiopia's products from industrial parks. Expulsion from the African Growth and Opportunity Act (AGOA) due to the war in the North resulted in Ethiopia being expelled from the preferential trade act. Most companies choosing to rent sheds within the industrial parks do so out of a desire to access the duty-free privileges provided for African countries. Ethiopia...



Vendors put traditional beauty products from the Somali regional state for sale around Mexico. In November of last year, the Ministry of Finance banned imported goods under 38 categories, including cosmetics, packed foods, and furniture, from accessing letters of credit. The move resulted in the tripling of costs for cosmetic items like lipstick and nail polish. As Ethiopia ran a 14 billion dollar merchandise trade deficit last year due to import bills hiking by 26pc , a tight clampdown on forei...