Ethiopia: Latest News
Dana Sanchez, 1:22 pm
Ethiopian immigrants get additional benefits not given to other immigrants, including housing allowances for at least two years in an absorption center and a $105,000 grant to buy an apartment. Israelis are often accused of racism towards Ethiopian immigrants. The government’s decision to bring them to Israel despite the fact that they are not considered Jewish under Israel’s Law of Return illustrates the country’s commitment to Ethiopian immigrants, a stakeholder said.
Kevin Mwanza, 8:21 am
Ivanka Trump, daughter to U.S. presidential candidate Donald Trump, may soon start producing her shoe collection in Africa after Huajian International Group, a Chinese company that makes her footwear, announced plans to shift base to Ethiopia. The shoe-maker currently manufactures in China but plans to relocate to the horn of Africa nation where production costs and labor are cheaper. “My goal is to create 30,000 jobs in Ethiopia by 2020, with exports reaching $1 billion to $1.5 billion,”
Kevin Mwanza, 10:53 am
The hotel industry will enjoy a boom in sub-Saharan Africa in the next three years, with East Africa leading the growth that will see about $3.6 billion worth of investment into the sector in the next two years. Tourism, diplomatic and non-governmental activities in the East African nations of Kenya, Rwanda and Ethiopia are leading the growth.
Kevin Mwanza, 7:47 am
The government of Ethiopia declared a state of emergency in efforts to restore order after months of violent clashes since the Oromia protests began. This is the first time in 25 years that the government has declared a state of emergency in the horn of Africa nation. It will be in force for the next six months. “A state of emergency has been declared because the situation posed threat against the people of the country.
Staff, 12:01 am
German Chancellor Angela Merkel wants to slow migration from Africa through aid and diplomacy. She plans to visit Mali, Nigeria and Ethiopia starting Sunday. The flurry of diplomacy underscores how deeply the refugee crisis is affecting the foreign policy of the E.U.’s most populous country. While German exporters have long done business all over the world, Berlin’s influence in Africa has been small compared to former colonial powers France and Britain.
Staff, 12:01 am
Ethiopia’s economy is expected to overtake Kenya’s this year, buoyed by massive government spending on infrastructure. The IMF estimates Ethiopia’s GDP will grow to $69.21 billion this year, narrowly edging out Kenya’s at $69.17 billion. Kenya is viewed as more democratic than Ethiopia, where authoritarian rule is marked by crackdowns on the press and its own citizens, such as the Oromo. Kenya also has a more open economy, while Ethiopia closes most sectors of its economy to foreign investors.
Dana Sanchez, 12:15 pm
New violence, anger and attacks this week against businesses and tourism in Ethiopia raise questions about how much control the Ethiopian government has. The protests are turning increasingly to broader issues of political freedom. The Ethiopian government calls the protesters “anti-peace forces,” and says they’ve attacked 11 factories. “In my opinion the people’s uprising needs a military back-up,” said a former Ethiopian Air Force lieutenant.
Kevin Mwanza, 1:52 am
South Africa’s new vehicle export to the rest of Africa dropped 54 percent in the first eight months of this year as a commodity slump continued to hurt some of the continent’s largest economies leading to a drop in automotive sale from the continent’s most industrialized nation since 2013. South Africa’s exports to the rest of the continent in 2013 were 78,787 units but have fallen to 14,723 vehicles in the first eight months
Tom Jackson, 4:59 am AFKI Original
Last month’s Frost & Sullivan report, Enabling eHealth Technology in South Africa, Kenya and Ghana, painted a glowing picture of the e-health space on the continent. From telecoms to startups, many firms are capitalising on the increasing advancements in ICT to improve healthcare delivery, with South Africa, Kenya and Ghana ahead of the game. “The total eHealth market for South Africa, Kenya and Ghana is in a nascent stage with expectations of high long-term growth,”
Kevin Mwanza, 4:34 am
Ethiopia has launched a $4 billion Chinese-funded electric train system today, the first in Africa, which will link the capital Addis Ababa to the Port of Djibouti — the entry point for more than 90 percent of the nation’s imports and exports. The railway line which is 752.7 kilometers long with a speed of 120 kilometers per hour will reduce transportation period between the two nations from ten to seven days
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