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Wed,22Nov2017

Ethiopia

Engine failure forces Ethiopian Dreamliner to make emergency landing

File photo©ReutersAn Ethiopian Airlines plane, with 300 passengers on board was forced to make an emergency landing on Friday morning after one of its engines shut down.

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Ethiopia' upcoming Eurobond could be $2 billion

Ethiopia hopes to raise as much as $2 billion through a 10-year Eurobond later this year, senior central bank advisor Elias Loha said on Wednesday.

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Ethiopia braces for effects of El Nino

At least 8.2 million Ethiopians are in need of food aid, the government and donor agencies said, as the country braces for the effects of the El Nino weather phenomenon.

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Bankers without borders in Kenya

Photos© Sven Torfinn/Panos-ReaA recurrent agenda topic among executives of Kenya's top commercial banks in recent months has become that of bolstering market shares in neighbouring East African economies.

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eTrade: Ethiopia unveils online trade facility for farmers

Ethiopia on Thursday unveiled an online platform that will help farmers to play a role in the determination of prices for their products.

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Hailemariam sworn in as Ethiopian premier

Hailemariam Desalegn, Prime Minister of Ethiopia. Photo©Bruno Levy for TARHailemariam Desalegn has been re-elected Prime Minister of Ethiopia and sworn in for a new five year term.

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A record year for African banks

Photos© Siphiwe Sibeko/ReutersFinancial institutions in our rankings reported assets of more than $1.5trn for the first time. But economic headwinds from China and the US signal troubles ahead

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Ethiopia targets massive boom in tourist arrivals

File photo©ReutersEthiopia aims to triple its number of foreign visitors to more than 2.5 million by 2020, making tourism a pillar of one of Africa's fastest-growing economies.

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Land Degradation Neutrality and a new Fund to advance the concept

Ethiopia's Afar pastoralists face deepening poverty because they have lost access to their richest traditional rangelands. File photo©ReutersA new catch phrase, "Land Degradation Neutrality", is being brought into play with increasing prominence, with the intention of using the concept to ensure continued ecosystem functionality, broadly speaking. Yet what it delivers potentially locks communities out of their own lands and ultimately provides a licence for unfettered degradation.

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Growth: Jobs, jobs and more jobs

Photos© Gwenn Dubourthoumieu for JAWithin 35 years Africa will have the world's biggest workforce – finding jobs for them is the top priority for governments throughout the continent as economic conditions get tougher

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Ethopia's splendid Isolation

Photos© Illustration by Séverin Millet for TARIt may be small, constrained by regulations and slow to develop, but by some measures Ethiopia's network of privately run banks is one of the healthiest to be found in Africa

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Ethiopia: World Bank approves $600m facility to support basic services

The World Bank on Tuesday approved a $600 million facility to support Ethiopia's effort to improve equitable access to basic services for its vulnerable citizens.

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Ethiopia: Banking regulation to transform economy from top down

Ethiopia's minister of finance, Sufian Ahmed. All Rights ReservedThere is a common misconception about banking regulations in Ethiopia, finance minister Sufian Ahmed tells The Africa Report.

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Ethiopia-Egypt: Grand Ethiopian Renaissance Dam talks suffer setback as study firm withdraws

altEgypt says it working for an alternative as Deltares, a Dutch firm tasked to study the impact assessment of the Grand Ethiopian Renaissance Dam (GERD), withdrew from the research.

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Investment: Kellogg to spend $450 million to expand in Africa

Photo©ReutersKellogg Co is setting up a joint venture with the African arm of Singapore's Tolaram Group to bolster its breakfast and snack food offerings in West Africa.

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Day in a life: Ad-libbing it in Ethiopia

Tewodros Terefe is a comic, a poet, a musician and a bar manager all rolled into one. He keeps his customers laughing as the drinks flow, using nothing but a masenko and his razor-sharp wit.

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A new canal for a new Egyptian economy

Completed in just a year, Al-Sisi’s grand projet is a publicity coup for Egypt. Photo©Pan Chaoyue/Xinhua/CorbisThe deeper, wider Suez Canal that will open on 6 August is the basis for a new special economic zone that could one day represent a third of the country's economy.

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Barack Obama on Africa's fragile foundation

U.S. President Barack Obama delivers remarks at the African Union. Phtoto©REUTERS/JONATHAN ERNSTUS President Barack Obama advised African leaders to respect their constitutions and condemned those who refuse to step down when their terms end, in an historic address to the African Union, in Addis Ababa, on Tuesday.

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Barack Obama warns South Sudan's warring factions

Photo©ReutersUnited States President Barack Obama has hinted his government is contemplating imposing fresh sanctions against South Sudan's warring parties if they do not agree on a proposed peace deal.

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Barack Obama to broker South Sudan peace and agreement

Photo©ReutersUS President Barack Obama is prepared to broker peace and power-sharing agreement in South Sudan.

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