Clik here to view.
British firm drills for Ethiopia’s first oil
By EDUARD GISMATULLIN / Washington Post-Bloomberg News Tullow Oil, the British explorer that found Kenya‘s first crude a year ago, is about to find out whether the resources extend into neighboring...
View ArticleClik here to view.
DuPont bets on Africa’s global food role with Pannar Seed deal
By Shannon Sherry MULTINATIONAL DuPont’s acquisition on Wednesday of a majority stake in South Africa’s Pannar Seed signals the increasing pace of the new race for Africa as the continent’s role in...
View ArticleClik here to view.
Poverty, hunger attributed to decline in African agriculture
By Salimat Garba Dr Kanayo Nwanze, the President, International Fund for Agricultural Development (IFAD) has identified the decline in agriculture as the cause of hunger and poverty in Africa which...
View ArticleClik here to view.
Making Economic Integration Work in the Horn of Africa
(Above) Shipping containers are unloaded in the port of Mombasa, Kenya. As one of the primary seaports in the Horn of Africa region, the port could be a key to deepening economic integration in the...
View ArticleClik here to view.
Billion Dollar Mining Mountain
Sinknesh Ejigu, minister of Mines (pictured) After a request from the Prime Minster, the Ministry of Mines has hugely elevated its revenue target By ELLENI ARAYA The Ministry of Mines (MoM) has...
View ArticleClik here to view.
“No seed, no green revolution”
Written by Abraham Dereje “We are witnessing a faster pace of public and private investments in agriculture, in part because of improving national policies and regulatory measures. These include...
View ArticleClik here to view.
CSO in Africa to Counter Corporatisation Agriculture
Next week the Alliance for Food Sovereignty in Africa (AFSA) will come together in Ethiopia to discuss strategies for resistance against genetically modified seed, Bill Gate’s Alliance for a Green...
View ArticleClik here to view.
Kenya seeks to grow trade with Ethiopia
All good for Kenya as it eyes a vast market to the north, while enjoying a very favourable trade surplus it hopes to magnify, as well as serving as a logistical hub for the region. For Ethiopia,...
View ArticleClik here to view.
Mining Licensing to Become Stricter in Bid to Eliminate Abuse
The first-come-first-serve method previously used has opened the sector up to extensive rent-seeking By ELLENI ARAYA The Ministry of Mines (MoM) is working on a number of reforms, in order to...
View ArticleClik here to view.
Israel Chemicals considering potash mine in Ethiopia
Site is cheaper on balance than other places worldwide, closer to company’s main markets. By Yoram Gabison - Aug. 12, 2013 Israel Chemicals has been in talks recently with a Canadian listed company...
View ArticleClik here to view.
Seka Expects Juicy Profits From New Factory
Seifu WeldeMichael, (above, pictured) managing director and the major shareholder of the company. By BEWKET ABEBE - FORTUNE STAFF WRITER With almost all the juice consumed in the county coming...
View ArticleClik here to view.
Commercial Bank to loan Hiber Sugar Factory over 1.6 bln br
By Eskedar Kifle Monday, 12 August 2013 The Commercial Bank of Ethiopia (CBE) is to provide over 1.6 million birr in loans to Hiber Sugar Factory S.C., the management of Hiber announced. The Bank...
View ArticleClik here to view.
Harar Water Supply and Sanitation Project: Improving Livelihoods and...
Sourced here: http://www.afdb.org/en/news-and-events/article/harar-water-supply-and-sanitation-project-improving-livelihoods-and-enhancing-water-security-in-ethiopia-12186/ The project addressed a...
View ArticleClik here to view.
Can trade make a difference in Africa?
BY Carlos Lopes | August 14 It is unquestionable that Africa is on a major ascendance path, a trend shared by the rest of the rising ‘South’. Despite the global economic downturn of recent years, the...
View ArticleClik here to view.
H&M Looks to Source Clothing From Ethiopia
Retailer Hopes African Country Will Help Keep Shelves Stocked By JENS HANSEGARD & HEIDI VOGT STOCKHOLM—Clothing retailer H&M Hennes & Mauritz AB HM-B.SK -1.63%said it is looking at...
View ArticleClik here to view.
SUDAN SIGNS CAADP COMPACT
The Republic of Sudan has become the 12th Member State in the Common Market for Eastern and Southern Africa (COMESA) region to sign the Comprehensive Africa Agriculture Development Programme (CAADP)...
View ArticleClik here to view.
Western Union grows mobile banking business across Africa
“It’s a convenience thing. People will use the channel and the touch point most convenient to them.” This is according to Richard Malcolm, south and east African regional vice president for Western...
View ArticleClik here to view.
Africa’s Agriculture Commodity Exchanges Take Root
By Eleanor Whitehead Reporter, This is Africa of the Financial Times Ltd. A handful of African countries are setting up commodity exchanges in an effort to develop agricultural markets and improve...
View ArticleClik here to view.
New System to Smoothen Regional Trade
COMESA has developed a system to integrate the existing instruments into one single sign in order to facilitate trade through smooth movements of goods in the region. The Virtual Trade Facilitation...
View ArticleClik here to view.
Modjo Dry Port Shades Old Boss, Gets New One
(Pictured, above) Meheretab Teklu (left), the newly appointed director general of Modjo Dry Port & Terminal as of August 7, 2013. He replaced Getaneh Abat (right), who was fired a month ago for...
View Article