IMF Staff Completes 2015 Article IV Mission to Ethiopia

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,

The post IMF Staff Completes 2015 Article IV Mission to Ethiopia appeared first on 6KILO.com.

IMF Staff Completes 2015 Article IV Mission to Ethiopia

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,

The post IMF Staff Completes 2015 Article IV Mission to Ethiopia appeared first on 6KILO.com.

The best of Ethiopia: From Lalibela’s ancient churches to Gondar’s palaces and Tigray’s mountain hideaways, magical Ethiopia awaits

High-end luxury has yet to make a significant impact in Ethiopia. Don’t let this put you off. This is the most fascinating country in Africa. And you needn’t go without Wi-Fi , room service or a skinny latte. Here are some of the best new options in Africa’s most intriguing destination. Get a tour operator

The post The best of Ethiopia:
From Lalibela’s ancient churches to Gondar’s palaces and Tigray’s mountain hideaways, magical Ethiopia awaits
appeared first on 6KILO.com.

Eritrea on UK Radar for Oil & Gas While Human Rights Abuses Ignored by West

Sputnik News According to a report in Oil Price.com “major discoveries in Uganda and Kenya, high-level production activities in Sudan and even exploration in war-torn Somalia,” as well as the North African country of “Eritrea should be on everyone’s radar.” The visit was followed up by UK based exploration and development company, Ortac Resources, which

The post Eritrea on UK Radar for Oil & Gas While Human Rights Abuses Ignored by West appeared first on 6KILO.com.

21-tower scheme to be Ethiopia’s ‘biggest real estate project’ says Chinese developer

By Rod Sweet Artist’s render of the Royal Garden scheme planned by developer Sinomark in Addis Ababa (Sinomark Real Estate) A Chinese developer says it will build a 21-tower development that will “change the face” of the Ethiopian capital, Addis Ababa. The news comes in a period of high growth for Africa’s second most populous

The post 21-tower scheme to be Ethiopia’s ‘biggest real estate project’ says Chinese developer appeared first on 6KILO.com.

Ethiopia eyes extra 12,000 MW in power projects by 2020

By Aaron Maasho ADDIS ABABA, (Reuters) – Ethiopia plans to launch hydropower dams and other renewable energy projects over the five years to 2020 that will add an additional 12,000 megawatts of electricity upon completion, a senior official said on Monday. With one of the continent’s fastest-growing economies, Ethiopia wants to become a manufacturing hub

The post Ethiopia eyes extra 12,000 MW in power projects by 2020 appeared first on 6KILO.com.

‘Russia & Qatar may lose World Cups’

Russia and Qatar could lose the 2018 and 2022 World Cups respectively if evidence emerges of bribery, leading Fifa official Domenico Scala has said. The countries deny wrongdoing in their bidding processes and Scala admits he has not seen evidence of corruption. Scala is the head of Fifa’s audit and compliance committee. He said: “Should

The post ‘Russia & Qatar may lose World Cups’ appeared first on 6KILO.com.

Smoking both down, and shockingly up, in Africa

Mozambique has seen a 220% growth in cigarette use! Nigeria, Ghana, Ethiopia among world’s lowest smokers, but in Mauritania adults consume about 41 cigarettes per day – the highest in the world. IN the last two decades considerable steps have been made globally to decrease the number of tobacco smokers. However, despite these efforts, tobacco

The post Smoking both down, and shockingly up, in Africa appeared first on 6KILO.com.

Starving Ethiopia helping India feed its 1.2 billion people (CNN)

[Caption: Indian Prime Minister Manmohan Singh looks on as External Affairs Minister S.M. Krishna and Ethiopian Finance Minister Sufian Ahmed greet each other after signing an MoU at National Palace in Addis Ababa, Ethiopia to lease fertile farm land to India.] By Mohammad Amir Anwar (CNN)The global food price crises between 2008 and 2009 led

The post Starving Ethiopia helping India feed its 1.2 billion people (CNN) appeared first on 6KILO.com.

Africa’s Richest Man Commissions $500 Million Cement Plant In Ethiopia

By Mfonobong Nsehe Dangote Cement, the cement producer controlled by Aliko Dangote, Africa’s richest man, has commissioned a $500 million cement plant in Ethiopia. The cement plant which has an installed capacity of 2.5 million metric tonnes per annum (mmtpa) was inaugurated on Thursday at a ceremony in Addis Ababa that was attended by several

The post Africa’s Richest Man Commissions $500 Million Cement Plant In Ethiopia appeared first on 6KILO.com.