Ethiopia: Latest News

  • Can Solar Micro-Grids Transform The African Grid?

    solar power purchase agreements By Staff, 7:13 am

    Nearly 100 million people are now on the first steps of the energy ladder thanks to the rapid deployment of solar home systems in poor communities across the world. That’s incredible progress that marks the beginning, not the end, of clean energy access. With increasing attention being paid to the missing middle excitement about the opportunity to end energy poverty is palpable.

  • Turkish Companies Create Over 10,000 Jobs In Ethiopia As Relations Deepen

    Turkey-Africa relations By Kevin Mwanza, 7:43 am

    Turkish companies have created over 10,000 jobs in Ethiopia, making them one of the leading foreign investors in the troubled horn of Africa country on the back of deepening financial and political relations between the two nations. The horn of Africa nation is the biggest recipient of Turkish Foreign Direct Investment (FDI) on the continent, attracting $2.5 billion of the total $6 billion by May.

  • AfDB Approves $10M Equity Investment In TIDE Africa Fund

    emerging market capital flight By Kevin Mwanza, 8:52 am

    African development Bank (AfDB) approved a $10 million equity funding to boost Information and Communication Technology (ICT)-driven production and growth in six sub-Saharan Africa countries. The Technology and Innovation in Developing Economies (TIDE) Fund 1 will invest in companies that use new technology to provide affordable services in the energy, agribusiness, financial, education and healthcare sectors

  • African Govts. Holding $2B Revenue Owed To Foreign Airlines

    By Kevin Mwanza, 7:07 am

    The African Airlines Association (AFRAA) urged African governments to release about $ 2 billion in revenue owed to foreign carriers to avoid suspension or shut-down of operations on the continent. The pan-African body said that the Angolan, Nigerian, Egyptian and Sudanese governments have blocked repatriation of the earnings, which has also contributed to the turbulent market faced by several airlines.

  • Mapping The Tech Ecosystem At Africa’s Biggest Startup Event

    By Tom Jackson, 4:41 am AFKI Original

    Last year, the annual AfricaCom conference in Cape Town finally got serious about startups, launching the co-located AHUB event to bring together entrepreneurs, investors and other stakeholders from across the continent. The event took place for the second year last week, bigger and better, and allowing the ecosystem to join together to map the sector’s progress and discuss obstacles.

  • Opinion: Lesson For Africa On The Women’s Vote From The U.S. Election

    By Staff, 7:10 am

    scrutiny continues to mount on the various factors that led to his taking the vote. One of the more poignant factors was the role women played, spurning Hillary Clinton. This, despite allegations of Trump’s sexual misconduct and that, by electing him, women’s and minority’s rights were under threat. Let me start with the minority voters. A much shared YouTube video shows Nigerian writer, Chimamanda Ngozi Adichie, dismantling apologist arguments

  • This Ugandan Incident Will Make You Think Twice Before Buying That Flower Bouquet

    By Staff, 4:34 am

    Difficulties breathing, abdominal pain and vomiting. These are the symptoms experienced by Ugandan women working at a flower farm who were told to cut flowers in greenhouses that had been fumigated with a toxic chemical a day before. More than 80 Ugandan women accuse a Dutch-owned flower exporter of exposing them to a toxic fumigant, in a case that suggests the difficult conditions faced by African workers at the lowest end of the lucrative international flower industry.

  • Planting Trees In Africa: Is That The Solution To The Continent’s Land Management Crises?

    Land Management Crises By Dana Sanchez, 2:40 pm

    Ethiopia is hardly the only recent example of how conflicts over land rights can set the stage for political and humanitarian crises. Competition for arable land contributed to the Rwandan genocide in 1994. Food insecurity stemming from land mismanagement is an important factor driving migrants to Europe. Farmers have always intuitively known what scientists are now confirming: trees and other vegetation can stimulate more rainfall.

  • Man of Asmara: Two Time AFCON Top Goal Scorer Laurent Pokou Dies In Abidjan

    By Kevin Mwanza, 5:54 am

    Laurent Pokou, two time top goal-scorer at the African Cup of Nations (AFCON) and arguably one of the greatest footballers from Ivory Coast, died on Sunday after receiving treatment at the Polyclinique Internationale Sainte Anne-Marie (PISAM) in Abidjan for two months. The Ivory Coast football legend died of an un-disclosed illness. Pokou, 69, also holds the record for the most goals scored in a single match after netting five against Ethiopia

  • Why Tomato Paste Is Such A Big Deal In Nigeria

    Tomato Paste By Dana Sanchez, 11:22 am

    It’s cheaper to produce tomato paste in China and export it to Nigeria and other African markets than to produce it locally, according to Nigeria’s No. 1 tomato paste processor. Tomato paste is used widely in Nigerian dishes from jollof rice to soups. Eric Umeofia, CEO of Erisco Foods, said he plans to exit the Nigerian market. The news came as a shock to Nigerians. Erisco has the largest tomato processing plant in Nigeria and the fourth largest in the world.

More Headlines