UNECA Eradicating extreme poverty and reducing inequality remain some of Africa’s biggest challenges which the Economic Commission for Africa (ECA) is trying to help member States tackle through various policy recommendations and actions. This was said Thursday by Ms. Thokozile Ruzvidzo, Director of the Gender, Poverty and Social Policy Division at the ECA, in remarks […]
UNECA Windhoek, Namibia 18 November 2019 (ECA, MFMR) –“The blue economy can be a site of economic production, which through its value chain process, can link small, medium and big production firms and thereby promote the alleviation of poverty, reducing inequality and ensuring better living standards for the people of our region”. The statement was made today […]
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, […]
By Ola Owojori Foreign Policy Egypt and Sudan have threatened to withdraw from negotiations over the filling and operation of the Grand Ethiopian Renaissance Dam on the Blue Nile, which flows into the Nile River. Thus, Ethiopia, Egypt, and Sudan all ultimately share the water of the Blue Nile, but Egypt and Sudan—both of which […]
CNBC A project described as West Africa’s “first ever utility-scale wind farm”, has started transmitting power to Senegal’s national electricity grid. In an announcement Thursday, renewable power firm Lekela said that Parc Eolien Taiba N’Diaye (PETN) would produce electricity for Senegal across a period of 20 years. While the 158.7 megawatt (MW) facility has started […]
A post coronavirus recovery in Africa should address the fundamental causes of vulnerabilities and go beyond fiscal and monetary adjustments whose sole aim is to ensure the survival and perpetuation of the current system of production, consumption and distribution which is responsible for the climate crisis, according to a new discussion paper published by the […]
By Sonia Nazareth Travelers frequently use Addis Ababa, the sprawling capital, as no more than a glorified pit stop from which to enter Ethiopia, before swiftly moving on to explore the treasures in the rest of the country. But spend a few days in Africa’s diplomatic center, and you’ll discover that the city is deserving of its own […]
Slate by Joshua Keating The Book of Genesis describes the pharaoh of Egypt having two dreams: one in which he is standing by the Nile and sees seven fat cows devoured by seven thin cows, and one in which he sees seven healthy ears of grain swallowed up by seven thin and blighted ones. When […]
The Nation Young people from Nigeria, Kenya, Zimbabwe, Tanzania and other countries across Africa are scheduled to participate in a conference holding August 16 and 17 in Addis Ababa, Ethiopia. The conference with theme: “Back to the Future- Young People Reimagining today’s Politics”, is being organised by the Baywood Foundation to enlighten African youths about […]
Bloomberg by John Bowker For decades, Irba Jana has scraped out a modest living from sugar cane, selling his harvest to mills run by Ethiopia’s state-owned sugar monopoly. But lately he’s been working as a security guard to supplement his income, as two of the three nearby processing facilities have closed because of a lack […]
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