Dubai leases Berbera Port for 30 years; opening 2nd door for landlocked Ethiopia

By Tesfa Mogessie, Addis Fortune Dubai: DP World, the port operator with terminals from Brazil to China, has signed an agreement with the government of Somaliland to co-invest $442 million (Dh1.62 billion) in the Port of Berbera DP World’s landmark Read More ...

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Dubai leases Berbera Port for 30 years; opening 2nd door for landlocked Ethiopia

By Tesfa Mogessie, Addis Fortune Dubai: DP World, the port operator with terminals from Brazil to China, has signed an agreement with the government of Somaliland to co-invest $442 million (Dh1.62 billion) in the Port of Berbera DP World’s landmark Read More ...

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Ethiopia feeling pinch of illicit financial outflows

By Turkish Weekly Alarmed by increasing illicit financial outflows, Ethiopia says it is taking new counter measures including installing advanced CCTV cameras at airports and establishing a special intelligence unit. A report released by Global Financial Intelligence last January revealed Read More ...

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Ethiopia: What if they were really set free?

If the government let people breathe, they might fly ADDIS ABABA AND LALIBELA I The Economist THE Ben Abeba restaurant is a spiral-shaped concrete confection perched on a mountain ridge near Lalibela, an Ethiopian town known for its labyrinth of Read More ...

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Ethiopia: What if they were really set free?

If the government let people breathe, they might fly ADDIS ABABA AND LALIBELA I The Economist THE Ben Abeba restaurant is a spiral-shaped concrete confection perched on a mountain ridge near Lalibela, an Ethiopian town known for its labyrinth of Read More ...

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Teff, the Ethiopian superfood that used to be banned

CNN Teff is Ethiopia’s largest crop, and the main ingredient of injera, the wide pancakes that accompany almost every Ethiopian meal. 6.5 million farmers in Ethiopia grow teff, but the government has restricted exports for fear of letting prices rise too quickly Mechanization and better farming techniques have increased productivity, leading the Ethiopian government to

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The Uncommon Common Market: How the EPLF Plundered Ethiopia’s Wealth

Part I By Worku Aberra Most economists argue that a common market between two or more countries is mutually beneficial, but they also recognize that common markets create winners and losers in each country. To make everybody better off, economists suggest that the winners compensate the losers. In reality, such compensation rarely takes place: the

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Ethiopia and Nigeria Bet Big on Infrastructure, but Will It Work?

By Alex Thurston Source: World Politics Review Across Africa, there is renewed interest in strengthening infrastructure. In November, the African Development Bank held its “first-ever Programme for Infrastructure Development in Africa Week” in Abidjan, the economic capital of Cote d’Ivoire. The conference emphasized infrastructure, especially transportation and communications, on the continent. Infrastructure development is important

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Ethiopia and Nigeria Bet Big on Infrastructure, but Will It Work?

By Alex Thurston Source: World Politics Review Across Africa, there is renewed interest in strengthening infrastructure. In November, the African Development Bank held its “first-ever Programme for Infrastructure Development in Africa Week” in Abidjan, the economic capital of Cote d’Ivoire. The conference emphasized infrastructure, especially transportation and communications, on the continent. Infrastructure development is important

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Saudi investors say Ethiopian govt officials ‘robbed’ them

Arab News Saudi investors have accused some Ethiopian government officials of robbing them of their land and equipment. Mohammed Al-Shehri, who leads a body of investors in the African country, claimed that certain Ethiopian officials falsely accused him and others of criminal activities so that they could confiscate their property. Al-Shehri was quoted as saying

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