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The major attributes that are usually mentioned in connection with why Ethiopia is often described as a nation which is conducive to foreign direct investment are: political and social stability; a growing economy; excellent climate and fertile soils; strong guarantees and protections; abundant and affordable labor; regional hub with access to a wide market; improved economic infrastructure and competitive incentive packages.
Ethiopia’s award-winning musician, Sami Dan, has released a new single ‘Fikir Selam’. Sami, along with the Sound Band, embarked on a club tour in Addis Ababa to promote the new song. The tour kicked off on Friday, 11 November at the popular Club H20.
The Government of China has extended 14.5 million dollars assistance for Ethiopia for the construction of railway academy in the country.