Ethiopia ranks 79th in Global connectedness Index


Ethiopia is ranked 79th in the world when it comes to the state of globalization. This is according to the DHL Global connectedness Index (GCI), a comprehensive analysis of the state of globalization around the world, which was released this week. The GCI 2012 ranks 140 countries on their global connectedness level s based on international flows of trade, capital, information and people. According to Essete Gebriel, Country Manager of DHL Express Ethiopia, while the Sub-Saharan Africa region remains the World’s least connected, it averaged the largest connectedness increase from 2010 to 2011. “Sub-Saharan Africa did perform poorly against Europe, Asia and the Americas but, from a positive perspective, the 5 countries with the largest increases in their scores- Mozambique, Togo, Ghana, Guinea and Zambia are all from the region. Essete also said the GCI revealed that in 2011, intra Africa trade continues to lag far behind its European and Asian counterparts. Ethiopia’s top trade export destinations are currently Germany (12 percent), China (11 percent), Somalia (9 percent), Netherlands (7 percent) and Sudan (7 percent).
(The Daily Monitor)