Tomorrow is a New Country
African Business magazine Strong economic growth of around 10% over the past few years and impressive progress on infrastructural development are putting Ethiopia on the map for all the right reasons. An ambitious government retains a level of international support…
Sudan Commemorates First Anniversary of Death of Meles Zenawi (Video)
Ethiopians in Khartoum Gather in a Memorial Service for Prime Minister Meles Zenawi Aug. 24, 2013 Over 1500 Ethiopians residing in Sudan attended a first anniversary memorial service for the late Prime Minister Meles Zenwi at the Ethiopian Embassy in…
Indian Gemstone-Crafting Industry to Invest in Ethiopia
Addis Ababa, Aug 21, 2013 (IANS) India’s gemstone-crafting industry is to invest in the mineral-rich Ethiopia following the east African nation’s ban on the export of rough opal. “The companies are known for lapidary (gemstone-crafting) and having them would add…
An Extraordinary Journey (Video)
On his recent trip to Africa in early July, US President Barack Obama announced his $7.bn Power Africa initiative focused on just six countries the US believes have the greatest potential to succeed in addressing the continent’s electricity needs. To…
Ethiopia: Addis Ababa Light Railway Train Project Now 43 Percent Complete (Video)
August 10, 2013 Addis Ababa is busy constructing roads and light railway to increase the coverage of the city’s infrastructure up to 25 per cent. Addis Ababa Light Railway is one such construction; by now it is complete by 43…
Stratfor Report: Ethiopia Identified among Post China Sixteen (PC16) Contries
Editor’s Note: The 16 countries identified in this study that could potentially succeed China are as follows: Africa: Ethiopia, Kenya, Uganda and Tanzania America’s: Mexico, Peru, Nicaragua, and Dominican Republic Asia: Vietnam, Indonesia, Sri Lanka, Laos, Bangladesh, Myanmar, Cambodia, and…
Ethiopia, Hauwei Sign $700 Million USD Mobile Network Deal
Ethiopia has signed a $700 million mobile phone deal with China’s Huawei Technologies to improve the telecoms infrastructure in the country. The agreement, which is half of a $1.6 billion project split between Huawei and ZTE is expected to double…
Nile by 2050 – The Case of Ethiopia, Sudan and Egypt (Part I, Part II, and Part III)
By Habtamu Abay Addis Ababa, Ethiopia July 2013 Introductory background UN sources indicate that the population of the world in general and that of the developing countries in particular is increasing at an alarmingrate. Due to the advent of modern…
Ethiopia’s Investment Prospects: A Sectoral Overview
Photo: Henok Assefa, CEO at Precise Consult in Addis Ababa, Ethiopia Ethiopia’s Investment Prospects The June 2013 issue of African Review of Economics and Finance contains a study titled “Ethiopia’s Investment Prospects: A Sectoral Overview” by Henok Assefa, Derk Bienen…
Ethiopia: Ally of the West and a Regional Heavyweight
By Parselelo Kantai in Addis Ababa, Ethiopia Meles will be a hard act to follow, but Desalegn should not be underrated. As foreign minister he played a pivotal role in the peace talks between Sudan and South Sudan. A s…
Sudan Stands by Ethiopia on Dam Project
Photo: Sudanese information minister and government spokesperson Ahmed Bilal Osman confirmed his governments support for the Grand Ethiopian Renaissance Dam A rare disagreement between the Sudan and Egypt over “the possible impact of Grand Ethiopian Renaissance Dam” unveiled on Thursday….
The Nile Basin States: The Need for Genuine Cooperation
Image: Nile Riparian States By Selamu Misgan Around the world there are over 260 trans boundary rivers that flow through two or more countries. To resolve the difficulties and disputes that inevitably arise, states have set up different forms of…
Ethiopia – Kenya High Voltage Power Transmission Lines to Start in September 2013
By Macharia Kamau Kenya-Ethiopia Electricity Line Gets $338 Million USD Boost The construction of a high voltage electricity line running between Ethiopia and Kenya can now begin after the African Development Bank (AfDB) agreed to fund the project to the…
Lessons From the Life of Meles Zenawi
Photo: The late PM of Ethiopia, Meles Zenawi By Paul Kagame President of the Republic of Rwanda For me, even more so for Ethiopians and many other Africans, talking about Meles’ contribution goes beyond the boundaries of Ethiopia and encompasses…
Chinese Firm Steps up Investment in Ethiopia with ‘Shoe City’
Elissa Jobson in Addis Ababa guardian.co.uk, Tuesday 30 April 2013 Shoemaker Huajian says new $2bn manufacturing zone will transfer skills to locals so they can become the future managers Helen Hai, vice-president of Chinese footwear manufacturer the Huajian Group, has…
Dr. Eleni Gabre-Madhin, the Woman who Successfully Launched Ethiopian Commodity Exchange (ECX) and Changed Many Lives (Video)
Photo: Dr. Eleni Gabre-Madhin By Sarah McGregor Cornell Food Fight Leads Gabre-Madhin to Battle Africa Scarcity When Eleni Gabre-Madhin climbed onto a cafeteria table as a junior at Cornell University almost 30 years ago and begged students to end the…
China Lends Ethiopia $1 Billion USD for Mega-dam Power Lines
By Aaron Maasho Reuters ADDIS ABABA, April 27, 2013 – Ethiopia secured a $1 billion loan from China on Friday to build transmission lines linking its capital Addis Ababa with Africa’s biggest hydropower dam being built on the Nile. Ethiopia…
Will Egypt Escape the 19th Century Mindset and Meet Ethiopia Halfway?
By Bayelegn Yergu “The Egyptians have yet to make up their minds as to whether they want to live in the 21st or the 19th century.” (Meles Zenawi – Nov. 2010) Everyone who followed the Nile river politics knows that…
Paul Kagame, President of Rwanda, Pays Special Tribute to Meles Zenawi
Photo: Paul Kagame, President of Republic of Rwanda Bahir Dar, Ethiopia, 20th April 2013 Your Excellency Hailemariam Desalegn, Prime Minister of the Federal Democratic Republic of Ethiopia; Your Excellency Olusegun Obasanjo, Chairman of the Tana High Level Forum Advisory Board;…
The Legacy of Fallen Leader: Meles Zenawi
Photo: The late Prime Minister of Ethiopia, Meles Zenawi By Joel Kibazo In our series of letters from Africa journalists, London-based Ugandan writer Joel Kibazo considers what happens in a country when a dominating leader passes away. On a recent…
The European Union’s and China’s Relations with Ethiopia
Ethiopia, China and the European Union Christine Hackenesch, research fellow at the German Development Institute, published an article in the first issue for 2013 of the Journal of Current Chinese Affairs titled “Aid Donor Meets Strategic Partner? The European Union’s…
Africa’s Economic Boom: Five Countries to Watch
By C. Matthew Hawkins April 12, 2013 South Africa, Nigeria, Angola, Ghana, and Ethiopia all have economies that are growing at a brisk pace. But their future depends on how they invest that money, writes Matthew Hawkins. As competition for…
We Nominate Meles Zenawi for Nobel Prize!
By Dr. Mohammed Bedru and Dr. Elena Vorontsoba A Man of his Axiom: The late Meles Zenawi The late Prime Minister of Ethiopia, Meles Zenawi was born from his father Ato Zenawi Asres and his Mother W/ro Alemash Ghebre-Leul on…
Zimbabwe Economy Makes Amazing Recovery
April 09, 2013 The Washington-based Cato Institute published on 18 March 2013 a fascinating study of Zimbabwe’s economy titled “Zimbabwe: Why Is One of the World’s Least-Free Economies Growing So Fast?” The author, Craig J. Richardson, an associate professor of…
Ethiopia’s SouthWest Energy Releases Competent Persons Report (CPR)
Photo: SouthWest Energy CEO, Tewodros Ashenafi Net Oil Potential of 1.56 Billion Barrels to 2.90 Billion Barrels HONG KONG, April 8, 2013 — /PRNewswire/ — SouthWest Energy ( http://www.sw-oil-gas.com ) announces Senergy Competent Persons Report results for Prospective Resources in Gambella and…
The Glittering Transformation of Ethiopia is beyond Reproach
By Tsehaye Debalkew, Washington, DC It could be arguably and vehemently declared that the single most, cardinal issue that has captured unanimity in its entirety that has brought Africa together and indeed the world, a rare commodity in the global…
Chinese President Calls for Greater Cooperation with Ethiopia
Photo: Hailemariam Desalegn and Chinese President Xi Addis Ababa, March 30, 2013(WIC) – Chinese President Xi Jinping said that his country is ready to boost cooperation with Ethiopia. Xi made the remarks yesterday during meetings with Ethiopian Prime Minister Hailemariam…
The Next Shanghai May Be in Africa
Photo: The late PM of Ethiopia, Meles Zenawi, with Chinese Primier By Stephen Hayes In 1987, I visited Shanghai for the first time. As I walked the streets, it was as if I were walking on a movie set that…
UN Secretary-General, Ban Ki-moon, Appoints Tegegnework Gettu of Ethiopia as Under-Secretary-General
Photo: Tegegnework Gettu Press Release: Secretary-General SG/A/1396 BIO/4456 Department of Public Information • News and Media Division • New York Secretary-General Appoints Tegegnework Gettu of Ethiopia Under-Secretary-General for General Assembly and Conference Management New York, NY, March 25, 2013 —…
Ethiopia, China Eye Stronger Ties
ADDIS ABABA, March 24, 2013 — (Xinhua) — Ethiopia and China on Sunday expressed the hope to lift their cooperation and bilateral relations to a new level. The two sides exchanged views on the issue during a meeting between Ethiopian…
Polish Software Giant, Asseco Poland, to Partner with Ethiopian Firms
Asseco Poland, the largest corporation in the information technology sector in Poland, is set to join the Ethiopian market partnering with a local IT firm. The software company, which specializes in the production and development of software, is the seventh…
South Sudan Rejects the Colonial Nile Waters Agreement
By MACHEL AMOS in Juba, South Sudan March 20, 2013 Juba Rebuffs Cairo on Nile Waters Agreements South Sudan has expressed its opposition to a 1959 Nile Water agreements between Sudan and Egypt. The country said it was already on…
German President Joachim Gauck Arrives on a 4 Day Official Visit to Ethiopia
March 19, 2013 German President Joachim Gauck has begun a four-day official tour to Ethiopia. He is expected to meet Ethiopian leaders, civil society representatives and address the African Union. President Gauck, who arrived in Addis Ababa on Sunday, met…
China, Africa and Cultural Understanding
Photo: Professor Adams Bodomo. His bio is found at the bottom. China Daily published on 15 March 2013 an interesting piece titled “Culture Key to Understanding” based on a discussion with Adams Bodomo, a native of Ghana and director of…
Samsung to set up Laptop, Printer Assembly Plant in Ethiopia
By Tamiru Tsige Samsung comes up with new technology that makes decoders obsolete March 15, 2013 — The South Korean multinational conglomerate and technology company Samsung has finalized a deal with the Ethiopian government to set up a plant that…
South Sudan to Truck Oil Through Ethiopia, Djibouti for Export
Photo: South Sudan Deputy Petroleum Minister Elizabeth James Bol An accord signed on March 12 in the Ethiopian capital, Addis Ababa, envisages crude being exported via Djibouti’s Red Sea port of Douraleh, South Sudan Deputy Petroleum Minister Elizabeth James Bol…
Ethiopian Dr. Solomon Assefa Named as One of 200 Young Global Leaders 2013
Photo: Dr. Solomon Assefa, Research Scientist at IBM Thomas J. Watson Research Center The World Economic Forum has honoured 200 young leaders from 70 countries for their professional accomplishments and commitment to society. The Young Global Leaders (YGL) Class of…
Embracing Africa’s Economic Potential (Videos)
U.S. Senator Chris Coons Chair, Senate Foreign Relations Subcommittee on African Affairs March 7, 2013 Recommendations for Strengthening Trade Relationships Between the United States and Sub-Saharan Africa TABLE OF CONTENTS Letter from Senator Coons Executive Summary Detailed Examination of Recommendations…
Mining to be Ethiopian Economic Backbone as Allana Outlines Progress
By: Simon Rees 7th March 2013 TORONTO (miningweekly.com) – Sub-Saharan Africa was at the fore of the Prospectors and Developers Association of Canada’s 2013 show, with projects from West, Central and Southern Africa firing the imagination of many delegates and…
Ethiopia: The First Christian Nation?
By Brendan Pringle For centuries, historians have widely accepted the argument that Armenia was the first Christian nation. This important claim has become a source of national pride for Armenians and has remained virtually undisputed for centuries — until now….
Saudi Arabia Keen to Strengthen its Relations with Ethiopia
Photo: Saudi Foreign Minister Prince Saud Al-Faisal Addis Ababa, March 6, 2013 (WIC) – Prince Saud Al-Faisal, Minister of Foreign Affairs said Saudi Arabia is keen to strengthen its bilateral relations with Ethiopia. According to the Minister, the two countries have…
Ethiopian Born Sheik Mohammed Al Amoudi Networth Now at $13.5 Billion, Ranks at 65th in the World
Photo: Sheik Mohammed Al Amoudi We would like to take this opportunity and thank Mr. Al Amoudi for his commitment to Ethiopia and its people! Forbes World’s Billionares List this year boasts of 1,426 names of billionaires from 64 countries,…
CNN: Finding Ethiopia’s Future Gold Medalists (Video)
Photo: Ethiopian Running Coach Sentayehu Eshetu Ethiopian (CNN): Finding Ethiopia’s Future Gold Medalists CNN meets Ethiopia’s running coach Sentayehu Eshetu as he holds time-trials in a small village of Bekoji and selects two girls to join a regional camp. Note:…
Unmasking Saudi Arabia: An Enemy Under the Cloak of Friendship?
By Yonas Abiye | Addis Ababa March 2, 2013 Ethiopia and Saudi Arabia have had long standing relations for many centuries, both in terms of business relations and people-to-people contacts. Cultural bonds are deep-rooted, strong and ancient. Indeed, they go…
South Sudan to Export Crude Oil by Road through Ethiopia
By MACHEL AMOS in Juba March 2, 2013 South Sudan will commence constructing a road to Ethiopia that would transport the new nation’s crude oil to the international market through Djibouti port. South Sudan has approved a plan to urgently…
Ethiopia Outraged Over Saudi Official’s “Hostile” Remarks on Nile Dam Project
By Tesfa-Alem Tekle March 1, 2012 (ADDIS ABABA) – The Ethiopian government expressed outrage over remarks made by Saudi Arabia’s deputy defense minister, who accused the Horn of Africa nation of posing a national security threat to Sudan and Egypt….
Ethiopian Military-Run Corporation Seeks More Foreign Partners
By William Davison Feb 17, 2013 Metals & Engineering Corp. — http://www.metec.gov.et — an Ethiopian military-run corporation, said it plans to partner with more foreign companies as it spearheads a government-drive to develop industries in Africa’s second-most populous nation. METEC, as…
Who Owns the Nile? Egypt, Sudan, and Ethiopia’s History-Changing Dam
By ANDREW CARLSON Editor’s Note: Egypt and Sudan are utterly dependent on the waters of the Nile River. Over the past century both of these desert countries have built several dams and reservoirs, hoping to limit the ravages of droughts…
Ethiopia and UNCTAD Sign Technical Cooperation Agreement
Ministry of Foreign Affairs The Office of Spokesperson 13 February 2013 A Technical Cooperation Agreement in Developing a Strategy and Transformation Study of Ethiopian Shipping and Logistics Services Enterprise has been signed between the Government of the Federal Democratic Republic…
Ethiopia Launches Africa’s First Unified Utility Billing System
The Ethiopian government says a pioneering one stop facility for payment of utility bills launched on Sunday is an indication of its commitment to provide better services to ordinary people. The system known as Lehulu, an Amhraic word meaning for…
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