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15 February 2015 News Briefs (UPDATED)

. Allana Danakhil Project Due Diligence Meeting held in Chonfar .   Source: China BlueStar Changsha Design and Research Instit Date: 2014-12-22  . On December 18, a due diligence meeting for Allana...

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16 February 2015 Business News

  . Will The U.S Abandon Its Trade Pact With Africa? . By Emmanuel Iruobe VENTURES AFRICA – Arguably, one of the factors responsible for Africa’s improved trading over the past decade has been the...

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Ethiopia and Djibouti Chose to Swim Together

By Amen Teferi Tigrai Online, February 16, 2015 The Ethiopian Prime Minister’s Visit to Djibouti Last week, the Ethiopian PM Hailemariam Desalegn was in Djibouti on a three-day official visit. His...

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19 February 2015 Economic News Briefs

  Woldia-Hara Gebeya-Mekele Railway Project commences  . A ceremony is underway in Quiha, Tigray marking the commencement of the Woldia-Hara Gebeya-Mekele Railway project. Various dignitaries including...

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23 February 2015 News Round-Up (UPDATED)

 . EU increases assistance to Ethiopia to 1 billion Euros .  Addis Ababa February 23, 2015 – Considering proper utilization of funds extended to support projects by the Ethiopian government, the...

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An In-Depth Look at the Candidates for African Development Bank President

Monday, February 23, 2015  – edited by cambodine In a few months’ time, the African Development Bank (“AfDB”) Board of Governors will vote to decide the successor to President Donald Kaberuka whose...

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25 February 2015 Business Briefs

   . Construction of Awash- Hara Gebeya railway line launched . Addis Ababa February 25, 2015 – Construction of the Awash- Weldia- Hara Gebeya railway project, which is part of the railway system that...

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Commerzbank testing the waters in Ethiopia

  Commerzbank is a leading international commercial bank with branches and offices in more than 50 countries BASED IN Germany. The core markets of Commerzbank are Germany and Poland. . Commerzbank...

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27 February 2015 Development News Round-Up

. Israeli labour union threatens major strike ahead of election . By Ari Rabinovitch Feb 26 (Reuters)  JERUSALEM – - Israel Chemicals faces escalating labour and political reaction to it’s job cuts...

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03 March 2015 News Briefs

. Amhara distributing 300 mln qtls of fertilizer for 2007/8 harvest season . Addis Ababa, 3 March 2015 - The Amhara Regional State Agriculture Bureau said it is distributing 300 million quintals of...

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05 March 2015 Business News (UPDATED)

. Countdown to the 18 COMESA Summit . The biggest annual event in the COMESA calendar is set to take place this month in Ethiopia when Heads of State and Governments of the 19 Member bloc of countries...

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07 March 2015 Business News Briefs

. Ethiopia’s $5bn project that could turn it into Africa’s water powerhouse . . It’s called the Grand Renaissance Dam — and the clue is in the name. With some 8,500 laborers working around the clock on...

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Ethiopia charting a path to a low carbon future with light rail

At the end of a long day at work, the only thing you want to do is get home quickly. You’re exhausted from dealing with your boss, terrible colleagues or crazy clients. But traveling home is just...

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Turkey’s industrial boom: lessons for Ethiopia

. Technopark at Yıldız Technical University (pictured, above)   By Amare Aregawi – 07 March 2015   Ayka Addis, Oyap Ethio Industry and Trading, Saygin Dima PLC, BMET Cables and MNS Textile are notable...

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09 March 2015 – Weekend News Wrap (UPDATED)

. Ethiopia Beats Coffee Export Target with Higher Than Planned Revenue . Country gains 307.5 million dollars with an actual export of 73,227.9 tns while expecting 269 million dollars from 73,593.5 tns...

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10 March 2015 News Round-Up

. Ethiopia: Cultivating agriculture, cutting poverty . Ethiopia aims to become a middle-income country in the next 15 years. But despite high economic growth rates, it struggles with poverty and food...

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These cities will soon be havens for the super-rich

. With their emerging markets and rising regional influence, the cities of Belgrade, Panama City, Addis Ababa, and Yangon may soon become global financial capitals and havens for the super-rich, global...

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13 March 2015 News Briefs

  Intra COMESA trade expanding, State Minister . Addis Ababa, 13 March 2015 - Intra Common Market for Eastern and Southern Africa (COMESA) trade has been fundamentally growing. Still a long way to go...

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16 March 2015 Business News Briefs

 . Reprieve for firms as Comesa favours lower merger fees . Companies eyeing the regional market through mergers and acquisitions may get a reprieve as Comesa considers lowering by up to 60 per cent...

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Taxing times for African mining

. By Gillian Parker African Business Magazine – 16 March 2015 The mining sector is likely to see restructurings and write-downs as falling commodity prices and political risk hit the industry. In 2011,...

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