Ethiopia: Latest News

  • An Investment Banker’s 54 Wishes For African Economies In 2017

    54 Wishes For African Economies in 2017 By Kurt Davis Jr., 4:29 pm AFKI Original

    A sense of what Zimbabwe can expect post-Mugabe. Partnership in the fight against terror for Tunisia. Better strategies combating poverty and HIV in Swaziland. These are just a few of the wishes that a U.S. investment banker visualizes for African countries as the old year winds down and 2016 gives way to 2017.

  • Orange Signs New Sponsorship Deal With The Confederation Of African Football

    Soccer sponsors - Confederation of African Football. Tigo - Sponsor African Soccer By Peter Pedroncelli, 5:37 am

    Telecommunications giant Orange has concluded a new long-term partnership deal as official sponsors for the Confederation of African Football (CAF) flagship competition. The new eight-year deal will see the France-based company confirmed as an official sponsor of five major CAF competitions from 2017 to 2024, beginning with the 2017 Africa Cup of Nations (AFCON) in Gabon this January.

  • Ethiopia Inaugurates Africa’s 3rd-Largest Dam, Threatens Locals, Neighbors, Environment

    Gibe III dam By Staff, 4:53 pm

    Ethiopia’s controversial Gibe III dam got an official inauguration Saturday. UNESCO has condemned it. Human rights groups say it has displaced people in the Omo Valley and will decrease water downstream all the way to Kenya’s Lake Turkana. A far more controversial Ethiopian dam, Africa’s largest ever, is scheduled for completion in 2017. The Grand Renaissance Dam will produce the equivalent electricity of six nuclear reactors.

  • Opinion: Be Patient With Trump In Africa. First He Has To Make America Great Again

    Trump in Africa By Kurt Davis Jr., 11:34 am AFKI Original

    Businessman Trump knows better than anyone that you must have the right friends to survive. Tunisia could be the surprise special relationship. A successful democracy there would boost the fight against terror. Nigeria could go either way with Trump. He wants to help oil in the U.S. This could hurt Nigeria. Political and financial engagement with Egypt, South Sudan, and South Africa will see some rebalancing. Trade that benefits the U.S. is low-hanging fruit for Trump, but how does he view AGOA? He promised to re-evaluate all trade agreements.

  • Do Ethiopia’s Oromo People Have A Better Alternative For Modern Democracy?

    By Dana Sanchez, 10:53 am

    They made headlines around the world when peaceful protests against government land use changes turned violent. Now Oromo voices are being heard thanks to an entity more often associated with tourism than governance — UNESCO. The traditional Oromo governance system, Gada, has been inscribed on UNESCO’s list of intangible cultural heritage of humanity. Gada could be a basis for modern democracy, researchers say. Gada has some features that differ from western democracies. One is the distribution of power. Another is a testing period for elected leaders.

  • 15 Reasons To Visit The Horn Of Africa? No. 1: Not Too Many Other Tourists

    Horn of Africa By Derek Dias, 7:00 am

    The Horn of Africa is home to three of the least-visted countries on the continent — Eritrea, Djibouti, and Somaliland. Overshadowed by Ethiopia, these Horn countries don’t get many tourists and there are good reasons why. There are also good reasons to go. All offer big adventures. Laas Geel is the highlight of Somaliland. Hire a guide, driver, and obligatory armed guard and set out through the desert to a series of caves housing the oldest rock art in East Africa. You’ll probably be the only tourist. Maybe your guard will let you shoot off a few rounds from his AK-47 if you ask nicely.

  • Candidates’ Debate: African Union Using Social Media For Public Input On Next Chairperson

    African Union By Dana Sanchez, 2:42 pm

    Five candidates for the top African Union job will face off Friday in a first-ever televised debate. African citizens will get to ask the candidates questions via social media about their vision for the continent. The A.U. hopes the debate will popularize it. Does the A.U. need to be popularized? Some consider A.U. support of withdrawal from the International Criminal Court as dangerous for Africa. The public won’t actually be voting for the next A.U. chairperson, but as the institution evolves, maybe one day that will happen.

  • Ethiopia Restores Internet Access Two Months Into A State of Emergency

    Ethiopia Stampede By Kevin Mwanza, 2:37 am

    Ethiopia, which has been hit by months of protests by its two biggest tribes, Oromo and Amhara, restored mobile internet on Friday, just two months into a six months state of emergency that forced the horn of Africa country into an internet black-out. The government shut down access to social media platform such as Facebook, Instagram, Viber and WhatsApp in October, in accordance to the rules of the state of emergency

  • Why African Cities Are Striving To Be Tech Hubs

    digital startups By Tom Jackson, 4:20 am AFKI Original

    The majority of African cities are striving to be tech hubs. From Cairo to Accra, Lagos to Nairobi, Cape Town to Johannesburg, cities are striving to emulate Silicon Valley as tech hubs. Nairobi’s iHub launched with government support, and the Enterprise Kenya initiative is designed to assist local startups. In Lagos, the presidency has offered backing to tech startups, and there are a myriad of hubs.

  • Dangote Cement Runs Into Political Headwinds In East Africa. Will It Survive?

    By Kevin Mwanza, 5:35 am

    Dangote Cement temporary shut down operations in its Mtwara plant in Tanzania last week, raising fears that the firm may be forced to exit the market, its only operational plant in the East African region after it closed its Ethiopian plant in October and it’s Kenyan foray failed to take off. The company attributed the Tanzanian plant closure to technical issues, even as sources privy to the government said Dangote Cement was caught up in political infighting.

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