The 16th Executive Idea Exchange Forum discussed on the theme “the prospects and challenges of industrial parks establishment for Ethiopia’s economic development”.
A team of delegation from six city administrations and Ministry of Urban Development and Housing went on a study tour to Uganda to learn and gain experiences on mitigation and climate-resilience aspects of Urban Green Infrastructure (UGI) and Integrated Solid Waste Management (ISWM).
The Peace Support Training Centre of Ethiopia held a two-week conflict prevention training for participants from 10 African countries; Burundi, Ethiopia, Cameroon, Central Africa Republic, Rwanda, Liberia, Mali, Somalia, Sudan and Uganda.
UNDP Ethiopia hosted its first CEO’s breakfast meeting to promote the private sector’s engagement on the Sustainable Development Goals (SDGs) in the country.
UNDP launched its Income Inequality Trends in Sub-Saharan Africa report as a special event during the opening of the three-day 2017 African Economic Conference (AEC) held in Addis Ababa, Ethiopia from 4-6 December 2017.
Three Ethiopian entrepreneurs, a young woman and man as well as a seasoned entrepreneur will receive the Entrepreneur of the Year Award on Thursday 16 November 2017 as Ethiopia joins this year’s Global Entrepreneurship Week (GEW) celebrations under the theme ‘Entrepreneurship Creates Jobs’ by rolling out a series of events nationwide targeting over 150 thousand people across the country. .
With 1.4 million USD from the Government of Japan, UNDP works with the National Disaster Risk Management Commission to pilot intervention (2016-2017) that focuses on building the resilience of host communities in four woredas of Gambela region that receive the largest influx.
Sweden partners with UNDP to support Ethiopia’s forest sector
Sweden has signed an agreement with UNDP pledging US$ 5 million to support Ethiopia’s forest sector development programme.
Signing the agreement with UNDP, Ms Annika Jayawardena, head of development cooperation at the Embassy of Sweden in Ethiopia explained that, ‘Sweden’s investment in building climate resilience is a renewed interest in its support for Ethiopia’, and that partnering with a pioneer organization like UNDP strengthens capacity for achieving longer term impact.
UNDP’s Ethiopia and China offices explore collaboration to promote South-South Cooperation
UNDP’s Ethiopia and China explore collaborations to promote South-South and Trilateral Cooperation.
Ethiopia’s second national Growth and Transformation Plan (GTP 2015-2020) predicts that employment levels in large and medium enterprises will rise from 380,000 to 757,600 by 2019/20, accounting for an average annual growth of 15%.
The industrial sector share of the country’s GDP is growing over the years and has reached 16.7% in 2015/16, while the same period the manufacturing sector and specifically large and medium scale manufacturing sector accounted for 5.4% and 4.4% of GDP respectively.
Ethiopia chapter - African Economic Outlook 2017
The 16th edition of the African Economic Outlook highlights the fact that Africa’s economic performance is reflecting the perils of the global economy. The region’s real GDP growth slowed down to 2.2% in 2016, mainly due to the continued fall in commodity prices and weak global economic growth. East Africa was the fastest growing region at 5.3% real GDP growth, followed by North Africa at 3%. Growth in other regions was anaemic, ranging from a low of 0.4% in West Africa, dragged down by the recession in Nigeria, to 1.1% in Southern Africa, with South Africa, the region’s largest economy, posting only 0.3% growth.
With dynamic private sectors, entrepreneurial spirit and vast resources, Africa has the potential to grow faster and more inclusively. The continent’s average growth is expected to rebound to 3.4% in 2017, assuming that the recovery in commodity prices is sustained, the world economy is strengthened and domestic macroeconomic reforms are entrenched. In 2018, growth is expected to consolidate, expanding by 4.3%.
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UNDP has operated in Ethiopia since 1981. Since then, UNDP has focused on providing Ethiopia with strategic support to build national capacity and enhance the country’s development results in the areas of poverty reduction and econmic growth, democratic governance as well as climate resilient development.
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About Ethiopia
92.2 million
Population
23.4
Poverty rate
USD 794
GNI per capita
0.448
Human Dev. Index