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Eder (finance) Eder or Idir ( Amharic: እድር), is a social institution in Ethiopia used for mutual aid and grants cooperative insurance within specific community. It is an association that primarily assists people with self-help activities or infrastructure, and victims with bereavement such as funeral and other security issues in the ...
These new insurance contracts allowed insurance to be separated from investment, a separation of roles that first proved useful in marine insurance. The first printed book on insurance was the legal treatise On Insurance and Merchants' Bets by Pedro de Santarém (Santerna), written in 1488 and published in 1552. Modern insurance
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to protect against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an ...
The Ethiopian Securities Exchange (ESX) is the primary securities exchange in Ethiopia. Its establishment is part of a broader initiative by the Ethiopian government to enhance the country's financial infrastructure and provide a platform for businesses and investors to engage in securities trading. The development of the ESX is in line with ...
Ethiopia is one of the fastest growing countries in Africa, having more than 104 million people (the second most-populous in the region).It experiences the public health problems typical of an underdeveloped country, such as communicable diseases (HIV, malaria, tuberculosis, etc), maternal and child health problems (diarrhoea & dehydration, pneumonia, neonatal problems etc) and malnutrition ...
The economy of Ethiopia is a mixed and transition economy with a large public sector. The government of Ethiopia is in the process of privatizing many of the state-owned businesses and moving toward a market economy. [25] The banking, telecommunication and transportation sectors of the economy are dominated by government-owned companies.
Location of Ethiopia. Ethiopia is a country located in the Horn of Africa. According to the IMF, Ethiopia was one of the fastest-growing economies in the world, registering over 10% economic growth from 2004 through 2009. It was the fastest-growing non-oil-dependent African economy in the years 2007 and 2008.
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