Press Release Min Zhu, Deputy Managing Director, IMF UN Conference on Financing for Development, Addis Ababa, Ethiopia July 13, 2015 Introduction Good morning. Tena yistilign. Prime Minister, Secretary-General, Mr. Presidents, Royal Highnesses, Excellencies, Ladies, and Gentlemen: Let me start by saying that our Managing Director Christine Lagarde is not able to join us here today
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The World Needs Partnership, Commitment and Flexibility appeared first on 6KILO.com.
Global development professionals network sustainable development: preparing for 2015 What to expect from the Addis Ababa Financing for Development conference Development economist Owen Barder gives an insight into what the coming five days of plenaries, roundtables and side events will be all about On Monday 13 July, world leaders will gather in Ethiopia’s capital, Addis
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Author: Gavin Hayman and Charles Kenny Next week in Addis Ababa, finance and development officials from all over the world will be discussing how to pay for the Sustainable Development Goals. The infrastructure goals alone carry a price tag of over $1 trillion a year. The world needs to ensure that money is well spent
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ADDIS ABABA, Ethiopia – Ethiopia wants to reduce its dependency on the Port of Djibouti by developing links with Mombasa Port in Kenya, Berbera Port in Somaliland, and Port Sudan in Sudan writes JOHN SAMBO. Presently, well over 90% of Ethiopia’s imports and exports pass through Djibouti Port at the mouth of the Red Sea.
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By Aaron Maasho ADDIS ABABA, (Reuters) – Ethiopia’s coffee export drive will be boosted by higher output from the venture of a major Saudi Arabian investor, the manager of his enterprises there said. Horizon Plantations and Ethio Agri-CEFT plans to more than double its coffee production and expand tea output. Horizon Plantations is part of
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By CHRISTINE MUNGAI Confused if Africa is rising or not? To help you navigate your way, we created a (very unscientific) index of business attractiveness. The headline figures might remain promising, but businesses that actually operate on the ground may have a different story. The headline figures might remain promising, but businesses that actually operate
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By CHRISTINE MUNGAI Confused if Africa is rising or not? To help you navigate your way, we created a (very unscientific) index of business attractiveness. The headline figures might remain promising, but businesses that actually operate on the ground may have a different story. The headline figures might remain promising, but businesses that actually operate
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According to the global land monitoring agency Land Matrix, India is the biggest investor in land in Ethiopia, accounting for 70 per cent of the land acquired by foreigners since 2008. Firms from India have acquired over 600,000 hectares of land in the country, which is more than 10 times the land acquired by the
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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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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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