Can agriculture be Ethiopia’s growth engine?
Brookings Heinz Strubenhoff Ethiopia is a net exporter of agricultural commodities. However, the low level of industrialized agriculture means that the country exports very little higher value processed food. Despite strong growth in manufacturing, agriculture remains the biggest export earner. Eighty percent of all export revenues of the country and 21 percent of total government […]
GIZ and Orange launch an Orange Digital Center in Ethiopia, the 3rd in Africa and the Middle East region
Orange Following launches in Tunisia and Senegal, Ethiopia will be home to the third Orange Digital Center in Africa and the Middle East, which train young people in digital technology and boost their employability Today, GIZ, (Deutsche Gesellschaft für Internationale Zusammenarbeit), Orange (Orange.com), the Ministry of Innovation and Technology, the Ethiopian Investment Commission, and the […]
Entoto Natural Park: The Hidden Treasure at the Mountain’s Shoulder
Entoto Park This place is the work area of so many endeavors; Entoto’s High plateau, where it appears among adorable Juniper hills and dreamlike meadows. Ultimately, beyond the horizon of golden fields, this landscape of forgotten dreams reveals its southern border in the abyss Bees’ Cliff (14). Here it shows very soon; the beautiful path […]
In Ethiopia, a taste of home for displaced Yemenis
The World When conflict broke out in Yemen in 2014, Karim Gamal and his family were, like countless others, forced to flee their homes. Six years later, millions of Yemenis remain internally displaced, and thousands of others have left the country altogether, fleeing to the Gulf, Europe, or, in Gamal’s case, Ethiopia. “We all have the love of […]
ECA Price Watch points to construction sector as key driver of growth
ECA “A vibrant construction sector is an indisputable driver of GDP growth in a country,” said Bartholomew Armah, Director of Macroeconomics and Governance at the Economic Commission for Africa (ECA). He was speaking during a ministerial webinar organised on 23 February to present African member States with the latest in a series of quarterly briefings […]
Permanent Mission of Ethiopia to UN Debunks an Article Regarding Tigray
Walta Helen by Helen Tadesse Addis Ababa, February 24, 2021 (Walta)– The Permanent Mission of the Federal Democratic Republic of Ethiopia to the UN and other International Organizations issued a statement that rebuts an article published by Luzerner Zeitung newspaper on 18 February 2021 regarding Tigray. According to the permanent mission, the newspaper issued baseless […]
IMF and Ethiopia agree framework for loan deal reviews
The International Monetary Fund said on Tuesday it had agreed a blueprint for the completion of reviews of Ethiopia’s loan programme, taking account of the impact of the coronavirus and the country’s “domestic security situation”. Agreed in December 2019, the three-year programme is worth $2.9 billion. Performance under it has been strong, the IMF said. […]
China’s poverty alleviation model instructive for Africa: expert
Xinhua China’s successful poverty alleviation model is instructive for Africa in its efforts to grow economies and lift millions out of poverty, an Ethiopian expert has said. “The Chinese model is not just lifting people out of poverty, but both the country’s GDP and its development are going in sync with the poverty alleviation program,” […]
Faiths institute asks Gates Foundation to change tactics in Africa
By Fredrick Nzwili, Catholic News ServiceAction NAIROBI, KENYA — An African faiths environmental institute is calling on the Bill and Melinda Gates Foundation to stop funding green revolution technologies and genetically modified seeds for the continent, but instead support natural methods to help Africa achieve food sufficiency and protect its environments. In an open online letter that is […]
Grid connection of the Eastern Electricity Highway is awaiting trial operation
Ethiopian Herald BY DARGIE KAHSAY Kenya expected to complete power interconnection with Ethiopia by next June Ethiopia has fully completed its portion of the construction of the Ethio-Kenya power grid and is awaiting the completion of Kenya’s side for trial operation, Ethiopian Electric Power (EEP) disclosed while Kenya announced to complete its portion by next […]
Ethiopian Coffee History: From Chewing to Brewing
When it comes to Ethiopian coffee, history tells a unique and exciting story. Even when you separate Ethiopia from coffee, the facts, and the lore, and the country remains one of the most fascinating regions in the world. Ethiopia is home to the oldest evidence for humankind, one of the oldest alphabets in the world […]
Sudan devalues currency to meet key condition for debt relief
Khalid Abdelaziz KHARTOUM (Reuters) – Sudan’s central bank sharply devalued the currency on Sunday, announcing a new regime to “unify” official and black-market exchange rates in an effort to overcome a crippling economic crisis and access debt relief. The change is a key reform demanded by foreign donors and the International Monetary Fund (IMF), but was […]
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