The trade deficit comprises about 30 percent of Ethiopia’s Gross Domestic Product of about billion a year.
But Tewodros Mekonnen, a researcher in the Macroeconomic division of the Ethiopian Economics Association, said the devaluation may not have the desired effect immediately because imports are mostly essential goods, such a food and fuel, while exports are agricultural items.
One of the fastest-growing ethnic groups in Dallas, they’ve gravitated toward Rowlett, Wylie, and Garland, where the Ethiopian community association that Mekonnen heads hopes to build a community center.
And with that, the Mekonnens set out again, this time to Dallas, where a network of relatives and friends was rapidly developing. Today, an estimated 35,000 Ethiopians call North Texas home.
) – Emerging Ethiopian reggae artist Eyob Mekonnen, accompanied by Zion Band and singer Dawit Melese, will make a concert appearance during the upcoming Labor Day weekend in Washington D. According to the promoters, the event is set to take place at DC Star Nightclub on Saturday, September 4th, 2010.
The musician’s debut CD, which was released by Nahom Records and Massinko Entertainment, is highlighted in the following promotional video.
We spoke with Teshome Mitiku over coffee on U street in Washington, D. in what the artist says is his first exclusive interview since his hurried journey out of Ethiopia 40 years ago.
The soft-spoken and humorous artist, who sprinkles his answers with sporadic laughter, discussed with us his distinguished career spanning four decades and three continents.
“We also wanted the chance to host them in our country as they did in theirs.” Fendika’s group leader Melaku Belay – the traditional dancer who accompanied saxophonist Getatchew Mekurya and the Dutch band the Ex at the historic 2008 outdoors show at NYC’s Damrosch Park – “has established himself as the top dancer in Ethiopia with more than 40 international concerts in the last three years, including performances at Chicago’s Millennium Park and New York City’s Lincoln Center,” the band said in a press release.