Ethiopia: Latest News
Global Risk Insights, 7:05 am
Mounting violence in Ethiopia has seen over 500 killed, as protests against the government’s economic and human rights policies continues. The tensions at the heart of the crisis are systemic ones, yet what makes the violence particularly worrisome is that foreign investors have become prominent targets. Foreign businesses are being systematically attacked in protest of the government’s development-centric approach
Keren Mikva, 6:05 pm AFKI Original
Air pollution in African countries could develop into health and climate crises like China and India have endured. A day spent breathing in Cairo has been likened to smoking a pack of cigarettes. Industrial plants burning low-quality fuel, seasonal sandstorms that often smother the city in a yellow haze, and high vehicle emissions have made the problem worse. Little regulation is in place to enforce environmentally friendly industry processes. Here are 10 of the most polluted African cities.
Peter Pedroncelli, 6:38 am AFKI Original
A selection of South African and Kenyan athletes have been included in the list of nominees for the 2016 International Association of Athletics Federations (IAAF) World Athlete of the Year awards. A list of 10 men and 10 women was revealed by the world athletics body this week, including the likes of sprint king Usain Bolt and Britain’s Mo Farah.
Dana Sanchez, 8:48 am
Microbial solutions for pesticides and fertilizer are revolutionizing Western agriculture, but are slow getting started in Africa. There’s an overwhelming need to improve soil health and crop productivity on the continent. Yields have been stagnant for decades for several staple food crops. The bacteria living in roots, leaves and soil that help plants absorb nutrients, fight disease, and resist drought are less toxic than chemical ones, and potentially more efficient for farmers.
Kevin Mwanza, 8:42 am
The Abraaj Group, a United Arab Emirates (UAE) based private-equity investment firm, is seeking to invest in Kenya’s growing healthcare market and use it as a launching pad to build a network of hospitals to offer decent and affordable medical services in Africa. The Dubai-based group is in talks to acquire Metropolitan Hospital and other healthcare centers in the capital of East Africa’s biggest economy
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,
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