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Wed,22Nov2017

Ethiopia

American fund acquires Ethiopian diary firm

Ethiopia has the largest number of milking cows in Africa. Photo©ReutersAn American investment company, Schulze Global Investments Limited, has completed the acquisition of a 45 percent stake in Ethiopian dairy products producer, MB Plc.

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Horn of Africa States Follow Gulf into the Yemen War

Photo©ReutersIn the Horn, where cash-strapped regimes often teeter on the brink of financial survival and alliances are made and broken with bewildering regularity, the Gulf Cooperation Council (GCC) has found willing partners as Saudi-Iranian tensions escalate.

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Ethiopians, Somalis continue to flock to war-torn Yemen

Ethiopians and Somalians continue to flock to war-torn Yemen despite the worsening civil war in that country, the United Nations High Commission for Refugees (UNHCR) has said.

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Kenya tea auction operator to automate trading

Kenya will this year begin to automate trading at its weekly tea auction of regional produce to increase transparency in dealings, the chairman of the East African Tea Traders Association (EATTA), which runs the sale, said on Wednesday.

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Democracy versus development

Photo© Francis KoKoroKo For The Africa ReportThe first ever debate organised by The Africa Report pitched the supporters of 'developmental sprints' against those who argue democratic institutions should come first.

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Ethiopia tenders to buy 70,000 tonnes wheat -trade

The Ethiopian government has issued an international tender to purchase 70,000 tonnes of milling wheat, European traders said on Monday.

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Afreximbank pledges support for Ethiopia exports

Afreximbank President Benedict OramahThe African Export-Import Bank (Afreximbank) has pledged to support Ethiopian entrepreneurs seeking to add value to coffee, cotton, textile, leather and other commodities for export.



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UK to scale up Ethiopia crisis response

Save the Children UK says Ethiopia is experiencing its worst drought in 50 years The United Kingdom (UK) says it will scale up its response to Ethiopia's growing food crisis, which has left 18 million Ethiopians in urgent need of relief.

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Ethiopia's no-nonsense approach to fixing agriculture

Ethiopia Commodity Exchange building in Addis Ababa, Ethiopia. Photo©Africa Renewal, MasimbaTafirenyikaThe Ethiopian government has transformed the economy into one of the fastest-growing in the world (9.9% in 2014) and made agriculture the centrepiece of an economic policy designed to ensure that the severity of future famines will not be measured by the number of people starving to death but by the seriousness of other less life-threatening factors like malnutrition.

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Ethiopia seeks assistance as El Nino disaster widens

Donations are urgently needed to provide over 5.8 million people with water, nutrition and health and sanitation in drought-hit Ethiopia. Photo©ReutersAt least $1.4 billion is urgently required to meet the emergency needs of up 10.2 million Ethiopians affected by drought.

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Ethiopia: Fighting the worst El Nino phenomenon on record

Those who remember Ethiopia in the 1980s may feel a disturbing sense of déjà vu as the strongest El Nino phenomenon on record hits the east African country. But this is not the Ethiopia of the 1980s.

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South Africa's Nampak to open bottling plants in Ethiopia and Nigeria

File Photo©ReutersNampak plans to open glass bottle factories in Nigeria and Ethiopia at a cost of $155 million as part of the South African packaging firm's strategy of generating half of its profit outside its home market in five years.

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Rethinking democracy and development

Franklin Cudjoe, head of Ghana thinktank IMANI, points to the phenomenon of the 'imperial presidency'. Photo©Francis KokorokoResults from surveys show that an answer to the question of what should take precedence - democracy or development - couldn't be more burning.

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Connected: The next generation

Photos© Desire ClarkeIn August Hans-Ulrich Obrist and Simon Castets brought their 89plus roadshow to Africa for an exhilarating week of encounters with artists in the digital age

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Ethiopia Country Profile 2015: Successes and strains in the balance

altThe year ahead promises some key reckonings for the government of Prime Minister Hailemariam Desalegn.

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Mohammed Al Amoudi: An Ethiopian with influence

Photos© All rights reserved Ethiopia-born Saudi billionaire Mohammed Al Amoudi, 69, is at the helm of Corral Petroleum, a Stockholm-based company that has controlling interests in three petrol refineries and owns more than a 1,000 petrol stations in the Middle East, North Africa and Sweden.

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US provides food assistance as El Nino phenomenon hits Ethiopia

File photo©ReutersThe United States government says it is providing nearly $97 million in additional food assistance to assist vulnerable Ethiopians due to the El Nino induced drought in the East African nation.

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Oil & Gas: Maersk Oil says new African licences relatively resilient to low price

Photo©ReutersMaersk Oil, a unit of shipping conglomerate A.P. Moller-Maersk, said its planned new investments in exploration in Africa are low cost and should make them relatively resilient to weak oil prices.

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Ethiopia outperforms Sub-Saharan countries in World Bank index

Ethiopia has a better regulatory environment that promotes the ease of doing business compared to other Sub-Saharan Africa countries, a new World Bank report says.

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Ethiopia makes strides in human development goals, but more work needed

Ethiopia has made significant progress in transforming the lives of its people in line with the Millennium Development Goals (MDGs) but still faces a lot of challenges in meeting the targets, United Nations officials have said.

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