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AfrEximBank eyeing $600m Ethiopia potash deal
Pictured above: AfrEximBank President Jean-Louis Ekra,. ANDUALEM SISA| NATION MEDIA GROUP By ANDUALEM SISAY in Addis Ababa | Thursday, June 20 2013 The African Export-Import Bank (AfrEximBank)...
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Allana receives green light for 11 bln birr loan
By Asrat Seyoum and Dawit Taye Allana Potash, a Vancouver-based mining company listed on the Toronto Stock Exchange, is set to acquire financing for its mammoth potash mining project in Danakil...
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Growing Pains in Fertiliser Drive
By Yetneberk Tadele, 23 June 2013 Even though farmers have reaped the benefits in earlier crop seasons by applying fertilisers, its current price and limited access to credit prohibit them from...
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Ethiopia builds infrastructure for growth
CNN Marketplace Africa looks at how an increase in construction projects is driving change in Ethiopia. Source: CNN
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Ethiopia Launches Land Administration to Nurture Development Program
In collaboration with the United States Agency for International Development (USAID) Ethiopian government launches Land Administration to Nurture Development (LAND) program In two previous USAID and...
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Hunger Costs Ethiopian Economy Billions of Dollars
By Lisa Schlein Hunger costs Ethiopia billions of dollars in yearly economic losses, according to a new study. Led by the African Union Commission, the UN World Food Program (WFP) and Ethiopian...
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Is the private sector to blame for cargo sitting for so long in African ports?
BY Gael Raballand A major factor holding back African development is the time it takes to transport goods within the continent. Containers at the Port of Durban. Photo by Christophe Badoux. Though...
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Kenya seeks ‘modern mining act’ within three months
As Ethiopia prepares to reduce mining tax from 35% to 25% here - http://allanapotashblog.org/2013/06/15/government-to-slash-mining-income-tax/ By Adam Green Kenya’s government lays out...
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G8 urges Africa to invest more in farming, nutrition
By The Guardian Tanzania and other African governments have been urged to invest more in agriculture and nutrition to ensure food security in their countries. The call was made by Bill Gates in a...
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Addis plays the long game
Over the last five years, Ethiopia’s diplomatic engagement with its East African neighbours appears to have taken on a new urgency with wide-ranging agreements on transport corridors and energy...
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Africa Strives to Move from Reducing to Eradicating Hunger
Monday, 01 July 2013 – NewBusinessEthiopia.com African Ministers and other senior officials meeting at the African Union in Addis Ababa agreed to achieve development and eradicate hunger. The...
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Africa can follow Brazil’s lead in battle to eradicate hunger, says Lula
Former Brazil president Inácio Lula da Silva says subsistence agriculture must be abolished for African countries to end hunger Liz Ford in Addis Ababa guardian.co.uk, Monday 1 July 2013...
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Government relaxes dividend tax collection plans
By Muluken Yewondwossen Monday, 01 July 2013 Ethiopia’s government has promised to stop collecting tax on unpaid dividend to shareholders of companies. The Prime Minister, Hailemariam Desalegn,...
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New Agreement Enhances Ethio-Djibouti Power Exchange
By Bewket Abebe, 7 July 2013 Ethiopia will sell electricity to seven neighbouring countries once the Grand Renaissance Dam project is complete Mohamed Ali Youssouf, left, minister of Foreign Affairs...
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New Directive to Improve Farmer Input Purchasing
By Yetneberk Tadele The current situation, which sees different regions implementing different strategies, is problematic in meeting farmers‘ demands The Ministry of Agriculture (MoA) is issuing a...
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Electro-Dollar an Ethiopian Future?
By Girma Feyisa The Great Ethiopian Renaissance Dam (GERD), which is under construction on the major tributary of Nile, is expected to generate total revenues of two million dollars per day for...
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Ethiopia’s sesame seed trade with China – a partnership of equals?
Ethiopia uses sesame seeds to repay loans on Chinese-built infrastructure. But what are the long-term benefits to farmers? Eastern promise … the Chinese-built African Union building is a visible...
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Sudan Mediates between Ethiopia and Egypt on Ethiopian Dam Construction
Issue #: 2996, Issue Date: 13th July, 2013 The Sudanese Agriculture and Irrigation Minister, Dr. Abdulhalim Al-Mutaafi said that his country is supportive of the construction of the Grand...
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Agriculture and manufacturing offer opportunities for African trade
UN report recommends ‘developmental regionalism’, with African countries selling much more food and manufactured goods to each other Mark Tran - guardian.co.uk An employee at a mosquito net factory...
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Ethiopia’s population projected to reach 94 mln after ten years
- Urban population to be over 20 percent - Some hundred thousands accounted as stateless Written by Berhanu Fekade Six years since the last nationwide population census was conducted, the...
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