Ethiopia

Ethiopia Economic Outlook

  • The strong growth of Ethiopia’s economy in 2014/15, estimated at 10.2%, is expected to continue in 2016 and 2017, while public investment is expected to ease infrastructure bottlenecks and bolster economic structural transformation.
  • Ethiopia faced severe drought in 2015 requiring emergency food and aid in 2016 and causing inflationary pressure, while the risk of public-debt distress increased due to rising non-concessional borrowing and export underperformance in 2014/15.
  • The urban population, growing at 3.8% per annum, is expected to reach 42.3 million by 2037, which could pose significant development challenges if not addressed.

Contacts

Ethiopia field office

African Development Bank Group
Get-House Building, 7th and 8th Floor
Kirkos Sub-City, Kebele 20/21, House  N° 056
Addis Ababa, Ethiopia
P.O. Box 25543 - 1000

Phone: (251) 115 546 336
Fax: (251) 115 546 335

Mrs. Josephine Ngure, Resident Representative

East Africa Regional Resource Center (EARC)

African Development Bank Group
Khushee Tower
Longonot  Road, Upper Hill
Nairobi, Kenya

Phone: (254) 20 2712925/ (254) 20 2712926/ (254) 20 2712928
Fax: (254) 20 2712938

Mr. Gabriel Negatu, RRC Director