PRI’s The World Reporter Dalia Mortada Things always get lost in translation. Sometimes, words or phrases just cannot be converted word-for-word from one language to the next. But in most places, the date and the time works pretty much the same all over the world. Not in Ethiopia. There, it’s currently the end of the
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Addis Ababa – China and the African Union agreed on Tuesday an ambitious plan to develop road, rail and air transport routes to link capitals across the continent. African Union chief Nkosazana Dlamini-Zuma praised the proposal at “the most substantive project the AU has ever signed with a partner”, although the ambitious project that includes
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WORLD BANK ADDIS ABABA, January 27, 2015 – Ethiopia has averaged a 10.7% economic growth rate over the last 10 years, more than double the annual average of countries in Sub-Saharan Africa, which was around 5.2%. However, despite having a huge potential to contribute to Ethiopia’s economy, the development of oil, gas, and mineral resources
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NAIROBI (Reuters) – Private equity firm Ascent Capital wants to increase its east Africa fund to $60 million by mid-2015 from $50 million it has raised so far and plans to announce completion of its first investment in about two weeks, a partner said on Monday. Ascent is one of several private equity firms to
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By Edmund Blair NAIROBI, Jan 22 (Reuters) – South Africa’s Standard Bank aims to open a representative office in Ethiopia by the end of March, joining others eyeing a fast growing African economy although foreigners are barred from offering commercial banking services there. The office will provide a foothold for the South African bank to
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By Marthe van der Wolf, VOA Ethiopia’s coffee has been ranked as the best in the world by an international group of coffee connoisseurs. Not surprisingly, coffee is a top export for the country. But at home it is a source of pride. International coffee experts travel the world to find the best tasting cup.
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ICIJ | By Sasha Chavkin This article was reported by the International Consortium of Investigative Journalists, a Washington DC-based global network of 185 reporters in 65 countries who collaborate on transnational investigations. Internal watchdog finds link between World Bank financing and Ethiopian government’s mass resettlement of indigenous group The World Bank repeatedly violated its own
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By Derek Fanning The Simien Mountains in Northern Ethiopia are vast and beautiful, and, like all mountains, they can be extremely challenging. Few would undertake to scale them without proper weatherproof clothing and sturdy boots. But some people are made of sterner stuff as I discovered when climbing the slopes of a mountain called Bwahit,
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By Derek Fanning The Simien Mountains in Northern Ethiopia are vast and beautiful, and, like all mountains, they can be extremely challenging. Few would undertake to scale them without proper weatherproof clothing and sturdy boots. But some people are made of sterner stuff as I discovered when climbing the slopes of a mountain called Bwahit,
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Middle East and Africa Drugs smuggling in Africa The Smack Track EXPERTS are calling it the African “Smack Track”: a circuitous route to smuggle heroin from Afghanistan to Europe, passing through east Africa. Two drug busts in November, netting 712kg of the stuff, closed a record year for heroin seizures off the coast of Kenya.
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