With headlines like, “Ethiopia is hot, Nigeria is not, for investors,” one can have a tendency to get caught up in the excitement and get involved in something that may or may not be in one’s best interest. Yes, Ethiopia has recently received a great deal of foreign direct investment from China, and the IMF
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Transforming institutions Ethiopia’s higher-education boom built on shoddy foundations The country desperately needs new universities to drive development, but most of the 30 built in the last 15 years fall woefully short By George West Ethiopia’s higher education infrastructure has mushroomed in the last 15 years. But the institutions suffer from curricula being abandonded due
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Transforming institutions Ethiopia’s higher-education boom built on shoddy foundations The country desperately needs new universities to drive development, but most of the 30 built in the last 15 years fall woefully short By George West Ethiopia’s higher education infrastructure has mushroomed in the last 15 years. But the institutions suffer from curricula being abandonded due
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Addis Ababa (AFP) – Ethiopia’s ruling party and its allies achieved a clean sweep in last month’s general election, winning all 546 parliamentary seats, the final results showed Monday. The Ethiopian People’s Revolutionary Democratic Front (EPRDF) of Prime Minister Hailemariam Desalegn scored a landslide victory, stripping the opposition of the one seat it had held
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(KHARTOUM) – The Saudi government was concerned that the case of 35 Ethiopians detained by authorities would be viewed as one that is religiously motivated, a cable from the Saudi foreign ministry reveals. The cable published by the whistleblower site Wikileaks on Friday stated that the Saudi Crown Prince at the time Prince Nayef Bin
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By Drazen Jorgic DADAAB, Kenya (Reuters) – When Kenyan police arrested six men in the vast Dadaab refugee camp near the Somali border last April, their ultimate aim was to dismantle a decades-old sugar smuggling trade that is funding Somali militants waging war on Kenya. The arrests, coming weeks after four al Shabaab gunmen massacred
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By William Davison (Bloomberg) – Two members of the Ethiopian opposition were killed this week following the beating to death of a parliamentary candidate from the Semayawi Party, Samuel Awoke, on June 15, opposition leaders said. Tadesse Abraha, an organizer for the Arena party, which is part of the Medrek opposition coalition, was assaulted on
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The Somali jihadist group al-Shabab has carried out an attack in the country’s capital Mogadishu. A suicide car bomber and gunmen attacked a training centre for the national intelligence agency on Sunday morning. Government officials said that soldiers “foiled the attack” and at least three militants died. The militants have vowed to intensify attacks during
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ADDIS ABABA, (Reuters) – Ethiopia has signed a $120 million-agreement with China Electric Power Equipment and Technology for the firm to construct a high-voltage transmission line connecting the country with Kenya, part of plans to boost regional power exports. Addis Ababa aims to become Africa’s top power exporter by tapping the numerous rivers that cascade
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Press Release No. 15/286 End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive Board. Based on the preliminary findings of this mission,
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