Ethiopia: Latest News
Dana Sanchez, 12:31 pm
Ethiopian protesters and diaspora opposition get their information from two U.S.-based media banned by Ethiopia under its state of emergency. The two media are considered dangerous and a tool to incite violence. The government said it plans to expand parliamentary representation of different ethnic groups. The ruling party is dominated by the Tigray minority and holds all of the seats in parliament. The state of emergency won’t work, according to a Washington Post editorial.
Kevin Mwanza, 5:59 am
Djibouti, the tiny African nation near the Gulf of Eden, is fast becoming an attractive destination for the global military powers. The eastern African nation hosts the biggest America naval base in Africa, Camp Lemonnier which is the hub of America’s counter-terrorism war in the horn of Africa and the Middle East. It has about 3,200 U.S troops. France has the second biggest foreign military camp in the nation. China is also building its first ever base in the horn of Africa country.
Staff, 7:22 am
Dutch suppliers have halted imports and production at their Ethiopian operations after anti-government protesters damaged their facilities. Prices have spiked in the Netherlands for products such as fine beans and exotic vegetables due to the disruption in supply from Ethiopia, with Kenya and Zimbabwe helping to fill the immediate sourcing gap.
Kevin Mwanza, 6:00 am AFKI Original
The governments of Ethiopia and Djibouti opened a 752.7 kilometer electric railway, to serve the two horn of Africa neighbors. The railway will provide a faster transportation of goods and people between the two nations. It will also boost Ethiopia’s landlocked economy through the transport of cargo from the Port of Djibouti. The port handles about 90 percent of the imports into Ethiopia. Below are 10 things you need to know about the railway.
Kevin Mwanza, 4:58 am
Atlas Mara, an Africa-focused investment vehicle set up by ex- Barclays CEO Bob Diamond, has experienced hard times in its efforts to become the leading financial player in sub-Saharan Africa and capitalize on the continent’s vast unbanked population. Diamond set up the investment company in 2013 to buy African banks but has since faced a number of hurdles due to the fall in global commodity prices and depreciating currencies. While Altas Mara has spread to seven countries across Africa,
Dana Sanchez, 1:22 pm
Ethiopian immigrants get additional benefits not given to other immigrants, including housing allowances for at least two years in an absorption center and a $105,000 grant to buy an apartment. Israelis are often accused of racism towards Ethiopian immigrants. The government’s decision to bring them to Israel despite the fact that they are not considered Jewish under Israel’s Law of Return illustrates the country’s commitment to Ethiopian immigrants, a stakeholder said.
Kevin Mwanza, 8:21 am
Ivanka Trump, daughter to U.S. presidential candidate Donald Trump, may soon start producing her shoe collection in Africa after Huajian International Group, a Chinese company that makes her footwear, announced plans to shift base to Ethiopia. The shoe-maker currently manufactures in China but plans to relocate to the horn of Africa nation where production costs and labor are cheaper. “My goal is to create 30,000 jobs in Ethiopia by 2020, with exports reaching $1 billion to $1.5 billion,”
Kevin Mwanza, 10:53 am
The hotel industry will enjoy a boom in sub-Saharan Africa in the next three years, with East Africa leading the growth that will see about $3.6 billion worth of investment into the sector in the next two years. Tourism, diplomatic and non-governmental activities in the East African nations of Kenya, Rwanda and Ethiopia are leading the growth.
Kevin Mwanza, 7:47 am
The government of Ethiopia declared a state of emergency in efforts to restore order after months of violent clashes since the Oromia protests began. This is the first time in 25 years that the government has declared a state of emergency in the horn of Africa nation. It will be in force for the next six months. “A state of emergency has been declared because the situation posed threat against the people of the country.
Staff, 12:01 am
German Chancellor Angela Merkel wants to slow migration from Africa through aid and diplomacy. She plans to visit Mali, Nigeria and Ethiopia starting Sunday. The flurry of diplomacy underscores how deeply the refugee crisis is affecting the foreign policy of the E.U.’s most populous country. While German exporters have long done business all over the world, Berlin’s influence in Africa has been small compared to former colonial powers France and Britain.
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