LOCATION Awash, Woldia, Ethiopia Yapi Merkezi was awarded the EPC contract for the Awash Woldia/Hara Gebeya railway project in June 2012. Image courtesy of Yapi Merkezi. The 400km-long railway line will connect Awash and Woldia in Ethiopia. Image courtesy of Yapi Merkezi. Artist’s rendition of the Kombolcha station. Image courtesy of Yapi Merkezi. Yapi Merkezi […]
Bloomberg Ethiopia is shaking up its economy by opening many industries to foreign investors. Just don’t expect the government to loosen its grip on banks yet. “Banking, insurance, micro-credit and micro-saving services” will be reserved only for domestic investors, according to draft regulations released by the Ethiopian Investment Authority. International aviation, where state-controlled Ethiopian Airlines dominates, […]
Jordan Times Devastating fires from the Amazon to Australia, powerful storms and changing rain patterns have made it hard for policymakers to remain silent about climate change. In the United States, Democratic lawmakers and presidential candidates now talk of a Green New Deal, which they would be able to deliver if they were to reclaim […]
The Reporter Ethiopia By Samson Berhane Developer says the app is the first of its kind in Ethiopia Abyssinia Bank launched a new app that enables its customers to send and receive money from abroad online in a ceremony held at Hyatt Regency. The 24 years old bank disclosed the new platform will allow users to […]
Africa Business Community Addis Ababa, Ethiopia, posted Africa’s highest average daily ra tote (ADR), according to the most recent 12-month data from STR. The market will play host to the Africa Hotel Investment Forum on 23-25 September at the Sheraton Addis. From July 2018 through June 2019, Addis Ababa registered an absolute ADR of US$163.79 […]
Clean Tecnica By Remeredzai Joseph Kuhudzai Marathon Motor Engineering, a joint venture between Hyundai Motor Company and Olympic Champion Haile Gebrselassie, has started assembling the all-electric Hyundai Ioniq in Ethiopia. On his Twitter page prime minister said “As we transform #Ethiopia’s greening & climate resilient aspirations into concrete actions through the #GreenLegacy initiative and Sheger & […]
In Ethiopia on the last Sunday of each month, major cities turn their streets into dance floors, football fields, workshops and skate parks. Menged Le Sew (literally, streets for the people) sees several kilometres of main roads closed as part of a recurring green urbanism initiative that began in December 2018. It aims to tackle some of […]
The IMF is poised to approve a loan of almost $3bn for Ethiopia as part of a programme to provide balance of payments support for the cash-strapped economy as well as technical assistance for the government’s liberalisation agenda. The loan, which still needs IMF board approval, has been agreed by staff after the fund opened […]
Saveur BY JEFF KOEHLER After 56 days of Lenten fasting, Ethiopians prepare an Easter table laden with stewed lamb, chicken, and raw spiced beef The smell of the morning’s pan-roasted coffee still lingered as a late lunch was hurried up the stairs from the kitchen in hot terra-cotta pots. On the second floor, home of the […]
Simple Flying, by Jay Singh On August 14th, 2012, African giant Ethiopian Airlines took delivery of its first Boeing 787-8. Eight years on, the aircraft is an integral part of Ethiopian Airlines’ fleet and helps the carrier connect the rest of the world to Africa and beyond via its hub in Addis Ababa. Here’s a […]
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