Ethiopia: Latest News
Peter Pedroncelli, 3:20 am AFKI Original
Africa loves soccer, and the popularity of the sport has inevitably attracted soccer sponsors that provide funds in the form of sponsorship deals to be associated with the various competitions taking place around the continent. These global and local brands are important to the development of the sport, ensuring that the most popular brands on the continent are associated with the regional and continental competitions that command the most attention and support from fans. We take a look at 12 soccer sponsors that are involved in sponsorship of the beautiful game on the African continent.
Dana Sanchez, 4:10 pm
For many Western companies, Africa is a fresh start — an opportunity to build facilities and processes that are environmentally friendly and safe. And don’t forget the tax breaks. Manufacturing in Africa is expensive, training and the quality control are expensive. Most apparel will continue to be made in Asian countries where labor is still relatively cheap and infrastructure, in place. But in China, the world’s apparel manufacturing leader, wages have increased 80% since 2010.
Staff, 1:18 pm
Political instability and a strategic location in the Horn of Africa contributed to rising emigration from Ethiopia in recent years. Some Italian NGOs are trying to reduce the causes of illegal migration to Europe by educating locals on the risks. “We incentivize the development of micro-businesses to provide employment opportunities to young people,” one stakeholder said. Radiya Abdar, 28, found work through this project. She went to Kuwait, where she worked as a servant for $106 a month. “They took my passport and freedom,” she said. “They called me kaddama, slave.”
Dana Sanchez, 2:43 pm AFKI Original
South Africa is invariably cited in discussions about jobless rates in Africa, but two thirds of African countries have higher unemployment. Africa is witnessing its best growth performance in decades, yet the world’s youngest continent, demographically speaking, continues to have high unemployment with few signs of recovery in 2017. High unemployment is a key factor shaping young people’s decisions to migrate. The continent’s youth population is expected to double to 830 million by 2050.
Peter Pedroncelli, 5:14 am
The Confederation of African Football (CAF) proudly announced the backing of South African president Jacob Zuma this week in regards to current head of CAF Issa Hayatou, who is trying to remain at the continental soccer governing body for yet another term. The embattled South African head of state has pledged his support to Hayatou ahead of the confederation’s upcoming elections. On Saturday Zuma was paid a visit by Cameroonian Hayatou at his home in Pretoria ahead of the CAF Super Cup final, which saw the winners of the CAF Confederation Cup face off against the victors of the CAF Champions League, the continent’s two premier club competitions.
Karen Elowitt, 1:01 am
Africa’s vast landscapes beckon, but sometimes the roads themselves are the attraction. Angola’s Serra da Leba Pass is a favorite with cyclists. The most challenging part of the 6,053-foot climb is a one-mile section with 7 hairpin turns — one of the famous hairpinned roads in the world. Located 20 miles west of the city of Lubango on the road to Namibe, the road crosses three different climate zones. There’s little room for error on this road, which offers not much guard-rail protection and has been the site of many fatalities. You might want to give it a miss on a windy day.
Staff, 1:02 pm
It may be surprising to learn that North Korea has long fostered diplomatic, economic and military relations with various African countries. These relations have thrived even after widespread international condemnation following its first nuclear test in 2006. An Africa pivot may be the only option left for the country as China -— its traditional ally — increasingly distances itself. Following North Korea’s sixth nuclear test over the weekend, the U.N. warned members to “redouble efforts” to enforce existing sanctions.
22 Pioneering Digital Media Projects Getting Paid To Tell Africa’s Stories And Hold Governments AccountableBy Dana Sanchez, 10:08 am AFKI Original
Ideas that solve African problems but have the potential to be adopted globally are attracting investment. A jury that includes Google, World Bank and Ford chose 22 media projects to receive $1M in seed funding. The ideas tackle issues from fake news to frontline war reporting using technology such as bots, drones and sensors to improve journalism in Africa. It’s an experiment with leapfrog technologies, but the real goal is to build real-world solutions to real-world problems that can immediately be scaled by mainstream media.
Dana Sanchez, 3:36 pm
Out of nine female heads of state and government that Africa has had, only two were elected — Liberia’s Ellen Johnson Sirleaf and Mauritian President Ameenah Gurib-Fakim. The outgoing chairwoman of the African Union Commission, Nkosazana Dlamini-Zuma says Africa needs more female heads of state. She’s considered a front runner in the race for the next South African president. Elections are scheduled for 2019. Promoting women’s rights was the highlight of Dlamini-Zuma’s legacy during her 4.5 years as chairwoman of the African Union Commission.
Staff, 12:55 pm
To fulfill its economic potential, Africa must industrialize and it’s well suited to do so. The question is how. The economic growth experienced in recent decades has not been sustainable or inclusive. Africa’s economies must move beyond producing raw materials to build competitive manufacturing with added value. Developed countries’ experiences will help Africa avoid the pitfalls of unbridled industrialization, especially environmental damage. Africa is committed to industrialization. The process is already underway in Ethiopia, Ghana, Rwanda, and Senegal.
- Real Estate