IMPRUDENT SCHOLARSHIP


IMPRUDENT SCHOLARSHIP

A vendor spreads a variety of books for sale around the Arat Kilo area near the pioneer university in the country. Adult literacy rates are around half in Ethiopia, with growing numbers exiting the school system due to conflict. A wave of reforms by the Ministry of Education has brought both hope and uncertainty to both parents and students. With three percent of examinees passing university entrance exams and the exit exams for senior university students lurking about, a decline in the number of new entrants into the workforce is expected by experts. Insinuations by the federal government on the unlikeliness of new hires as part of a civil service restructuring have also cast doubt over employment prospects for many students grappling with insurmountable odds of finishing their education.


Radar

With New Tariffs, Trump Upends Decades-Old Ethiopia Trade Preferences

The Trump Administration has unexpectedly included Ethiopia in the list of countries subjected to new trade measures, imposing a 10pc levy on Ethiopian imports into the United States while granting a reciprocal 10pc tariff on American goods headed to Ethiopia. The move marks an unanticipated shift in Washington's approach to Addis Abeba, which for years benefited from duty-free access under the African Growth & Opportunity Act (AGOA). The tariff-free provisions had propelled apparel expor...


Radar

Unilever Ethiopia Eyes Triple Sales Under New Executive

Unilever Ethiopia plans to triple its annual sales within the next five years, aiming to reach 200 million euros. The growth push is led by 42-year-old Nesibu Temesgen, who took the top job this month, as the first Ethiopian national to claim the top executive position in the company. Unilever, a multinational company operating in more than 190 countries, established its Ethiopian presence in 2014. From its base in the Eastern Industrial Zone near the town of Modjo, the firm produces recognis...


Radar

EU Grants Ethiopia a 240 Euro to Support Key Sectors

Financial Assistance Targeted at Agribusiness, Digital Expansion, and Democratic Institutions The European Union (EU) has agreed to provide Ethiopia with a grant of €240 million to support development initiatives across key sectors. This financial assistance will primarily bolster projects in agribusiness, enhance digital competencies, and strengthen democratic institutions. Furthermore, the agreement will support public administration and facilitate efforts to promote stability and reco...