Mar 17, 2014 Xinhua Chinese train manufacturer CNR Corporation (CNR) has signed contracts with Ethiopia to provide 41 modern tramcars, marking the entry of Chinese tramcars into Africa, CNR said Monday. The tramcars will be customized for use in Ethiopia’s…
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Monday, March 17, 2014 Turkish Press ADDIS ABABA – Ethiopia plans to build a new international airport on the outskirts of capital Addis Ababa, the Ethiopian Airports Enterprise (EAE) said Monday. “The enterprise has already identified three locations for the…
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17 MARCH 2014 Ethiopia’s Consul General in Chongqing, Mr. Girma Temesgen called for more Chinese entrepreneurs to invest in Ethiopia. He made the call on the occasion of the 2013 Top 10 Chongqing Entrepreneurs Awarding Ceremony. The Consul general, during…
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Mar 16, 2014 TesfaNews The Governments of Eritrea and Sudan will soon commence the construction of a 340Km, 220 KV double circuit power transmission line from Sudan to Eritrea. According to document released by COMESA, the $70M power Interconnector project…
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By Ezana Kebede March 16, 2014 The Ethiopian government has significantly increased its borrowing in recent years. Debt-to- GDP ratio has reached an all time high of 35 percent and continues to grow. Lately, the country has also been shifting…
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BY JAMES JEFFREY, 13 MARCH 2014 DW Two aid workers from Germany’s GIZ are now nurturing start-ups in the Ethiopian capital – from a text messaging service for job seekers to bamboo ramps for skateboarders. The offices of start-up hub…
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13 March 2014 By Michael Schuman TIME While many emerging markets are taking a beating, a fantastic growth story in the developing world is widening and drawing in new countries. Emerging markets are taking a beating these days, most of…
The post Forget the BRICs (Brazil, Russia, India and China.); Meet the PINEs (Philippines, Indonesia, Nigeria and Ethiopia.) appeared first on 6KILO.com.
13 MARCH 2014 NAIROBI (Reuters) – Kenya has offered Ethiopian companies a chance to raise funds and trade their shares on the Nairobi bourse in a move that could give them access to capital without compromising Addis Ababa’s closed economy…
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Wed Mar 12, 2014 LONDON (Reuters) – Tesco, the world’s third-largest retailer, expects to source more clothes from Ethiopia, but wants the nascent industry there to uphold high ethical standards as global chains seek to prevent factory disasters like those…
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By Carol Matlack March 12, 2014 Ethiopia is a largely agricultural nation of 94 million people that endures frequent droughts and famine, with a per-capita income of a bit more than $100 per month. Is it ready for Heineken beer…
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