Ethiopia: Latest News
Dana Sanchez, 11:35 am
Shipping a car from Japan to Abidjan costs $1,500, while shipping that same vehicle from Addis Ababa to Abidjan would cost $5,000,according to African Development Bank.
Dana Sanchez, 11:05 am
The O3b satellites could take a country like the Democratic Republic of Congo from being one of the most poorly-connected on Earth to one of the best, a report said.
Makula Dunbar, 12:44 pm
The number of mobile internet devices is set to out number humans by the end of this year. There’ll be more smartphones and internet-connected tablets and monitors than there are people on the planet.
Makula Dunbar, 12:39 pm
Ethiopia’s economy is expected to show 10 percent growth in the fiscal year ending July 2013. Still, the world bank is advising the country to focus on making financial resources available for private industries and businesses. This strategy, Business Day Live noted will take a bit of pressure off of Ethiopia’s agriculture sector.
Dana Sanchez, 2:19 pm
Ethiopia’s transportation and logistics would benefit from a more competitive environment, even if it’s between state-owned enterprises, World Bank says.
Dana Sanchez, 4:59 pm
Chinese motorcycle and automaker Yin Minshan wants his company, Lifan Group, to be the best in the world and to do that, he says he must grow less developed overseas markets such as Africa, according to a report in China Daily. “Operating costs are lower there compared with in the U.S. and the European Union, and that offers us a strong foothold to develop into a global giant,” he said in the report. Yin established Lifan Group in Chongqing in 1992 with nine employees and $36,000. Now it’s one of China’s largest motorcycle and automakers, earning $3.3 billion last year, according […]
Steven J. Smith, 10:07 am
Agricultural extension services — widely available in the 1970s — are now available to only 14 percent or fewer farming households in Uganda today, a business leader says.
Dana Sanchez, 3:59 pm
“Pay-as-you-go, whatever the finance structure behind it, will result in the rapid electrification of much of the world that doesn’t currently benefit from it,” says solar pioneer Danny Kennedy.
Dana Sanchez, 12:59 pm
Africa’s eastern coffee-growing heartland – Ethiopia, Kenya, Tanzania and Uganda – is set to produce a record 11.9 million bags of beans in 2013-14, U.S. Department of Agriculture foreign staff said.
Dana Sanchez, 2:35 pm
Poor airport infrastructure, uneven development, growth lags and high user charges are among challenges hindering growth in Africa, a transportation minister said Monday at the International Air Transport Association’s annual general meeting in Cape Town.
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