Africa: From Fiscal Burden to Job Engine – Ethiopia’s State-Owned Enterprise Transformation

Africa: From Fiscal Burden to Job Engine – Ethiopia’s State-Owned Enterprise Transformation

STORY HIGHLIGHTS Starting in 2019, the World Financial institution supported a complete reform program that established Ethiopia’s first state-owned enterprises (SOEs) database, whereas strengthening oversight and updating the authorized and governance framework. The SOEs have shifted from absorbing public funds to producing them, contributing a mixed ETB 117 billion (roughly $720 million) to the nationwide…

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Africa: From Fiscal Burden to Job Engine – Ethiopia’s State-Owned Enterprise Transformation

Africa: Milking Alternative – One Farmer’s Journey Displays the Job Potential of Ethiopia’s Dairy Sector

In rural Ethiopia, smallholder farmer Ayelech Tarekegn Mekebo reworked a single native cow right into a productive dairy enterprise with help from the World Financial institution-financed Livestock and Fisheries Sector Improvement Undertaking. By improved breeding, cooperative membership, and union-level processing, she now earns regular revenue and dividends. Her journey reveals how focused investments unlock rural…

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