Last year, Safaricom Chief Executive Bob Collymore told the British newspaper Financial Times that the company was looking to export the M-Pesa brand to other countries in East and West Africa. Analysts expected the company to announce an impending entry into Ethiopia this year, especially following new Prime Minister Abiy Ahmed’s effort to liberalize the country’s political and economic […]
National News PM Netanyahu meets Ethiopian counterpart, notes both countries are challenged by radical Islamic terrorists.Arutz Sheva Staff, 02/09/19 06:38 Netanyahu and Ethiopian Prime Minister Abiy AhmedAmos Ben-Gershom/GPO Prime Minister Binyamin Netanyahu on Sunday met Ethiopian Prime Minister Abiy Ahmed at the Prime Minister’s Office in Jerusalem. The IDF orchestra played the two countries’ national anthems; […]
UNECA Digitalization is shaping today’s global economic relations. Digital trade has established a considerable footprint, with business-to-business e-commerce transactions estimated to be worth over $15 trillion annually, and business-to-customer transactions a further $1 trillion. African e-commerce is also rapidly growing, at an estimated annual rate of 40%. Indeed, the digital economy in Africa is expected […]
The Herald With the year 2019 coming to a close, winning the Nobel Peace Prize by Ethiopia’s Prime Minister Abiy Ahmed Ali and the recent launch of Ethiopia’s maiden satellite into space have ignited hope of further socio-economic and technological advancements in 2020. The East African country would warmly recognise the concluding 2019 as a […]
Travel Daily News ADDIS ABABA – A record number of international passengers are traveling through Addis Ababa Bole International Airport, the major gateway into Africa, this summer. Wednesday, July 17, 2019 was one of the busiest days for the Airport with 310 flights and 29,528 travelers (21,028 departing and 8,500 arriving passengers, respectively) which marked a […]
Bloomberg By Nizar Manek Change in alliance’s structure to mirror ethnic representation Horn of Africa nation is headed for an election next year Ethiopia’s ruling coalition plans to restructure and amend decision-making to become more democratic as it prepares for elections scheduled for next year, Prime Minister Abiy Ahmed’s part of the alliance said. The […]
The Hill By Cyril Christo “The so-called civilized people? They had no excuse. They hunted for what they called ‘trophies,’ for the excitement of it, for pleasure, in fact.” —Romain Gary, “The Roots of Heaven,” 1956. Ever since I heard my first lion roar in the outback of the Chyulu Hills in Kenya in 1975, I […]
African Review The Ethiopian Governments Growth and Transformational plan II has a goal to achieve universal electricity by 2025. (Image source: Scott/Pixabay) In April 2019, Siemens signed an MoU with the Investment Commission of Ethiopia, to address the country’s energy and infrastructure sector challenges, to assist the government, stabilise and expand the existing grid infrastructure […]
Green Tech Media, by Sohaib Malik The wind industry has been slow to take off in Africa. Developers commissioned projects in only four African markets in 2018. However, the policy inconsistency that has held the market back in previous years is beginning to change. The continent’s wind project pipeline stands at 18 gigawatts as of […]
By Landry Signé The tourism industry is playing an increasingly important role in the global economy, contributing 5 percent of gross domestic product (GDP), 30 percent of service exports, and 235 million jobs. Indeed, each year, approximately 1 billion people travel internationally. By 2030, consumer spending on tourism, hospitality, and recreation in Africa is projected […]
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