Ethiopia: Latest News

  • Africa To Gates: Start The Green Revolution Without Us

    By Dana Sanchez, 10:37 am

    The Alliance for Food Sovereignty, or AFSA, identified AGRA and G8 as participating in a global agenda to “corporatize” and profit from African agriculture, rather than meet the needs of African communities and farmers, a report says.

  • Solar Light ‘Gift’ Intended To Create Jobs, Stimulate Entrepreneurship In Africa

    By Dana Sanchez, 11:54 am

    More than 1.6 billion people lack access to lights and 30 percent of those live in Africa, says Sumesh Rahavendra, head of marketing for DHL Express. “Using solar powered technology to give access to light is not just sustainable but also healthy, compared to conventional fuel sources.”

  • Ethiopia Pulls In $400M From Gold Exports

    By Ann Brown, 3:00 pm

    From South African Business Week Ethiopian earnings from gold exports continue to rise as the government pushes for diversification of the economy. According to the Ethiopian Ministry of Mines, the government earned $419 million from the export of minerals supplied by artisanal miners operating in the country in the first 11 months of the current […]

  • Kenyan Investors Urge Ethiopia To Lift Trade Hurdles

    By Ann Brown, 9:00 am

    From the Standard Kenyan traders have urged the Ethiopian government to remove bottlenecks hindering growth in bilateral trade between the two countries. Through their lobby, the Kenya Association of Manufactures (KAM), traders urged the Ethiopia to fast-track investment opportunities . “The transit pact will allow the movement of transit cargo and goods across the border […]

  • East African Corn Surplus Expected In 2013

    By Dana Sanchez, 3:41 pm

    In 2012, East Africa had a deficit in corn production. This year, thanks to plenty of rain, it is expecting a surplus, according to a report in CoastWeek. Increased corn production in Uganda and Tanzania will boost supply beyond local demand, Eastern African Grain Council Executive Director Gerald Masila told journalists in Nairobi during the launch […]

  • Ethiopia’s FDI Grows to $1 Billion

    By Makula Dunbar, 12:45 pm

    Japan says the fact that Ethiopia achieves 1 billion dollar Foreign Direct Investment (FDI) flow in to the country shows how focused the government is to develop the sector.

  • soleRebels, Improving The World One Shoe At A Time

    By Steven J. Smith, 9:00 am

    “‘Made in Africa’ has become a strong brand,” says soleRebels founder and Ethiopian, Bethlehem Tilahun Alemu. “We can make something from nothing. We set the bar high, to be the Nike of Africa.”

  • Africa’s Lion Economies – What Are They Getting Right?

    By Jeffrey Cavanaugh, 7:00 am

    While most stories out Africa — that make it into the Western press — tend to paint a perpetually gloomy picture of a continent in turmoil, behind the scenes an economic revolution is taking place which promises to lift millions out poverty. So, which countries are Africa’s economic lions and what is behind their record of growth?

  • Ethiopia Signed $700 Million-Deal With China’s Huawei

    The Huawei brand is becoming more popular in Africa. Photo: Huawei By Ann Brown, 8:00 pm

    China has made yet another major deal in Africa. This time, with Ethiopia.  China’s Huawei Technologies signed a $700-million agreement with Ethiopia to expand mobile phone infrastructure and introduce high-speed 4G broadband network in the capital Addis Ababa and 3G service throughout the country, reports  Independent Online. It’s not Huawei’s first deal in Africa. The […]

  • Report: Most African Countries Will Be Middle Income By 2040

    By Dana Sanchez, 4:01 pm

    From AllAfrica. By 2040, Carlos Lopes predicts most African countries will be middle income, Africa will have the largest work force of any continent, and it will be the youngest workforce. Lopes was appointed U.N. undersecretary-general a year ago. He also serves as executive secretary of the Economic Commission for Africa based in Addis Ababa, in charge […]

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