Ethiopia: Latest News

  • Wealth Opportunity Walks On 4 Legs In Africa: Top Countries For Livestock Investment

    top countries for livestock investment in Africa By Kurt Davis Jr., 5:44 pm AFKI Original

    Africans are demanding more meat in their diets, but consumption may be limited because there are not enough commercial livestock owners producing affordable food. Firms are gobbling up arable land, not just for crop production but also for livestock and cattle. Investment shops are slowly redirecting capital to this subsector of agriculture. Nigeria is in tough times, but people still have to eat. About 45% of rural households own livestock, and meat consumption is strongly correlated to livestock ownership in Nigeria. Fewer than 10 percent of livestock owners function as a business. Most are just supporting the household livelihood.

  • 12 Crowdfunding Success Stories That Have Emerged From Africa

    Crowdfunding Success Stories By Peter Pedroncelli, 11:22 am AFKI Original

    The idea of funding a venture by raising money through many small contributions on the internet strikes a chord among Africans. It’s ubuntu at its finest. When Media 24 closed Ideas magazine in South Africa in 2016, former editor Terena le Roux took it upon herself to resurrect the publication. Thanks to support on social media, she launched a crowdfunding campaign via Thundafund. The money continues to come in, and she was able to relaunch the magazine.

  • Entire African Delegation Denied Visas To US-Africa Trade Conference

    us-africa By Staff, 1:01 am

    Visas are routinely denied by U.S. embassies without explanation. With the heightened attention on foreign travelers coming to the U.S., there have been stories of more visas being denied to people from countries not named in the Trump administration’s travel ban executive order. If there has been an increase in the number of visas rejected under the new administration, it’s hard to verify. The State Department data made available to the public ended in late 2016.

  • 12 Things That Need To Be Addressed To Help Struggling African Tech Startups

    African Tech Start-Ups By Peter Pedroncelli, 5:40 am AFKI Original

    Africa is the new tech frontier, with a great deal of potential and passion for technology that should translate into the right environment to nurture and grow successful African tech startups, but obstacles and struggles remain. These issues scupper the necessary investment and growth that these startups require so that they can become sustainable and successful on a continental and global scale. We take a look at 12 things that need to be addressed in order to help struggling African tech startups.

  • Africa’s Digital Identity Breaks New Ground With .africa Web Address Launch

    .africa Web Address Launch By Dana Sanchez, 2:00 pm

    Following failure to launch in 2014, Africa now has the unique web address .africa. It’s almost five years since the African Union submitted the domain name to the governing body that establishes generic top-level domains. The .africa domain is expected to be available July 1 but the level of demand is uncertain.
    Africans have been applying for years to register their preferred .africa domain names on a reserve list, on the understanding they would have first rights to it. “With .africa, I would say Africa has finally got its digital identity,” said outgoing A.U. OCommission Chairwoman Nkosazana Dlamini-Zuma.

  • World Bank Paying Ethiopia $68M For Carbon Trading, Green Business Development

    carbon trading By Mongabay, 1:34 pm

    Ethiopia has failed to make the most of emission reduction projects that allow developing countries to sell certified carbon credits, a stakeholder said. Making carbon credits marketable requires time, substantial investment and resources. Even then, a prospective buyer might reject them. Proponents say the carbon trading projects can’t come soon enough. The country is losing five times more forest than it’s planting. If Ethiopia is strategic, it can sell abundant resources like water to help power industrialization, boost tourism, boost electricity generation and create a wealthy green economy. And it’s renewable.

  • 12 Things You Should Know About How Africans Use Twitter

    Africans use Twitter By Peter Pedroncelli, 2:22 am AFKI Original

    Africans who tweet don’t like to talk about brands nearly as much as their American counterparts. Instead, Africans are increasingly talking politics as Twitter comes of age in Africa, according to a London-based communications firm. Previous research showed that Twitter in Africa was more of a space for social interaction. Now serious debate about politics and government prevails. Twitter continues to be one of the most popular social networks available in Africa, enabled through a heavy mobile usage and apps that cater to smartphone users.

  • 11 African Countries Doing Field Tests For Genetically Modified Crops

    genetically modified crops By Dana Sanchez, 11:52 am AFKI Original

    Africa has been reluctant to adopt GM food technology for crop production, but that’s changing. Many African countries are willing to overcome domestic and international opposition to GM technology to boost their agriculture sector. Just four African countries allow GMO crops for cotton. In Africa, only South Africa grows GM food. Opponents urge African countries not to commercialize GM crops, saying it will put their agricultural sector in the hands of large multinational agri-businesses and hurt biodiversity. Proponents say GM crops are as safe.

  • 12 Soccer Sponsors That Drive The African Game

    soccer sponsors By Peter Pedroncelli, 3:20 am AFKI Original

    Africa loves soccer, and the popularity of the sport has inevitably attracted soccer sponsors that provide funds in the form of sponsorship deals to be associated with the various competitions taking place around the continent. These global and local brands are important to the development of the sport, ensuring that the most popular brands on the continent are associated with the regional and continental competitions that command the most attention and support from fans. We take a look at 12 soccer sponsors that are involved in sponsorship of the beautiful game on the African continent.

  • Ethiopian Entrepreneur Builds Sustainable Fashion Business Manufacturing Apparel In Africa

    manufacturing apparel in Africa By Dana Sanchez, 4:10 pm

    For many Western companies, Africa is a fresh start — an opportunity to build facilities and processes that are environmentally friendly and safe. And don’t forget the tax breaks. Manufacturing in Africa is expensive, training and the quality control are expensive. Most apparel will continue to be made in Asian countries where labor is still relatively cheap and infrastructure, in place. But in China, the world’s apparel manufacturing leader, wages have increased 80% since 2010.

More Headlines