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Is soil the new oil in Africa’s quest for sustainable development?
Africa is enormously rich in minerals and oil. The continent has 10 percent of known global oil reserves, and more is likely to be discovered. In just the last six years, new major sources of oil, gas...
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The coming of the multinationals
By Asrat Seyoum and Wudineh Zenebe New foreign policy direction has been in the works in Ethiopia during the past few years. It is a slow evolution to the so-called ‘economic diplomacy’ and by now, the...
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24 August 2914 News Round-Up
Sergey Lavrov to visit Ethiopia . The Russian foreign minister, Sergey Lavrov, is scheduled to visit Ethiopia next month, The Reporter has learnt. According to sources, Lavrov will come to Addis...
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Ethiopia’s promise buried in web of State regulations
By Toddy Thairu Posted Sunday, August 24 2014 Ethiopia is fast becoming the preferred destination for foreign investors coming into sub-Saharan Africa, according to the World Bank. Ethiopia’s...
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27 August 2014 Business News Briefs
In search for power, Ethiopia turns to growing sugar . Author: E.G. Woldegebriel An irrigation system showers a sugarcane field with water at the Kuraz sugar project in southern Ethiopia . ADDIS...
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28 August 2014 News Round-Up
Ethiopia ready to join COMESA free market area . The government of Ethiopia has finalized preparations to join the Eastern and Southern African Common Market (COMESA) free market area, the Ministry of...
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31 August 2014 Development News
Ethiopian delegation to participate at Canada-Africa business summit An Ethiopian delegation led by Tedros Adhanom (PhD), minister of Foreign Affairs, will partake at the first annual Canada-Africa...
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Sugar-powered biobattery has 10 times the energy storage of lithium: Your...
By Sebastian Anthony As you probably know, from sucking down cans of Coke and masticating on candy, sugar — glucose, fructose, sucrose, dextrose — is an excellent source of energy. Biologically...
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Land Grabs Or Agricultural Development
“Only when the last tree has died and the last river has been poisoned and the last fish been caught will we realise that we cannot eat paper” Wolf Robe VENTURES AFRICA – When I was a kid, my...
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02 Sept 2014 Economic News
Chinese Company Decides to Build Textile Factory with Over 500 Million USD . A Chinese delegation disclosed here that it has finalized pre-investment assessment to build a huge textile factory with...
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03 Sept 2014 News Round-Up
. Turkish Company to Supply Textile Factories Through Bonded Warehouse . The scheme enables foreign countries to test the water in Ethiopia, before deciding whether or not to invest Established in...
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Biosafety Bill to Open Door to GMOs in Ethiopia
It was in 2009/2010 that the Ethiopian Institution of Agricultural Research stared constructing a Central Biotech Laboratory in Holetta town, (above) complete with a molecular lab, plant biotech,...
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Ontario beekeepers sue pesticide manufacturers for $450M
Debora Van Brenk, The London Free Press – September 3, 2014 London, Ontario, Canada — Ontario beekeepers are suing pesticide manufacturers for $450 million, alleging their chemical agents are...
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04 September 2014 News Items
Ethiopia working to utilize potassium fertilizer to improve soil fertility . Tekalign Mamo . Ethiopia is working to properly utilize potassium (K) fertilizer to improve soil fertility thereby...
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05 September 2014 News Round-Up
. AFRICA INVESTMENT-Garment-making finds new low-cost home in Ethiopia . By Aaron Maasho – ADDIS ABABA, Sept 5 / 2014 (Reuters) – As basic wages soar in China, low-end manufacturing is starting to...
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06 September 2014 News Items
. Potassium to be the first chemical fertilizer for teff . . While kicking off the first international potassium symposium on the role of potassium in cropping systems of sub-Saharan Africa, Ethiopia...
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Eritrea: The use of Forced Labor at Colluli Potash Project
Next month, Eritrea is holding an Asmara Mining Conference (October 1-5). Eritrea has a variety of mineral deposits: the Canadian company, Nevsun, has produced gold for two years at its Bisha mine,...
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08 Sept 2014 News Round-Up
. Allana Potash Initiates Preliminary Economic Assessment on Production of Sulphate of Potash (SOP) . TORONTO, ONTARIO–(Marketwired – Sep 8, 2014) – Allana Potash Corp. (AAA.TO) (“Allana” or the...
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09 Sept. 2014 Development News (UPDATED)
. Ethiopian, Chinese joint venture sign deal to build 391MW hydropower plant . . Addis Ababa, 9 September 2014 (WIC) – SUR Construction PLC teamed up with two giant Chinese companies to build a new...
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11 Sept 2014 News Briefs
. Turkey outdoes China in terms of Ethiopia investment . . While Turkish investors had arrived later, they had since poured some $1.2 billion worth of investment into Ethiopia, Habte said. Despite...
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