22 november development news briefs
Africa Oil Announces Fifth Consecutive Major Oil Discovery in Kenya - Ethiopian results expected by year’s end VANCOUVER, BRITISH COLUMBIA–(Marketwired – Nov. 22, 2013) - Africa Oil Corp. (TSX...
View ArticleWill Africa Become Its Own Best Customer For Ethiopian Potash?
By Lynda Davies AFKI Original Published: November 18, 2013 Africa has huge potential for future agriculture production given its land, labor and water resources. One Canadian company developing...
View ArticleAncient Technology Used To Stabilize Roads in Ethiopia
By Dana Sanchez An Israeli-Canadian company that makes soil-stabilization products has make commercial inroads in Ethiopia’s capital, where soil swells when it rains and shrinks when it’s dry,...
View ArticleAfrica: Go Early, Stay Long
Construction work at the site of the planned Grand Ethiopian Renaissance Dam near Assosa, Ethiopia. (pictured, above) By Harold L. Sirkin It’s the most populous landlocked country in the world, with...
View ArticleRevised bill set to increase gov’t share in mining investment
- Study suggests a reduced royalty fee A new draft bill believed to amend the existing mining operation proclamation, presented to the House of Peoples’ Representatives (HPR) on Tuesday, has...
View ArticleEthio-Russia Joint Commission technical experts meet
Nailya Chernikova and Sahele Tamiru (pictured, above) Written by ALAZAR SHIFERAW The Intergovernmental Ethio-Russia Joint Commission on Economic, Scientific, Technical and Trade Cooperation technical...
View ArticleHave UK businesses missed the train in Ethiopia?
By James Jeffrey – Addis Ababa, Ethiopia The railway will link Ethiopia‘s capital Addis Ababa with Djibouti on the coast. - Across the Ethiopian countryside 2,000km (1,243 miles) of railway is being...
View ArticleProposed Mining Amendment Favours MSEs Instead of Co-ops
Regional governments complained that the length of licenses created confusion over the ownership of mining sites Cooperative unions will no longer be allowed to take part in artisanal mining and will...
View Article25 November 2013 Developmental News Round Up (Updated)
EU, Ethiopia sign 212.4m euros aid deal for roads, health European Union on Monday signed a development grant with Ethiopia worth 212.4 million euros to help finance road construction and projects...
View ArticleHuman Resources Development Key to Balancing Banking Boom
A fourfold increase in monthly pay, a generous benefit package and a positive working environment may sound like a great deal for a young professional less than two years into their career. But, this...
View ArticleIF NOT AID THEN WHAT?
John Graham started to work with Oxfam Canada in cross-border relief operations on the Ethio-Sudanese border in the early 1980s. He worked on the provision of assistance to areas in northern...
View ArticleEthiopia-Eritrea peace: The ball is in President Isaias Afeworki’s court
Could have economic and diplomatic isolation, along with severe internal strife finally convinced Isaias Afeworki peace and cooperation is his only tangible option? (Zenebu Ayele, Sep 2013) A few...
View Article26 November 2013 Development News Briefs
Ethiopia, China sign 101.5b Yuan ($16.6 billion) agreement The governments of Ethiopia and China signed on Monday a financing agreement amounting to 101.5 billion Yuan to support various projects....
View ArticleEthiopia working on new $100bn energy strategy
By Tesfa-Alem Tekle November 26, 2013 (ADDIS ABABA) – As part of the plans to become a regional energy exporter, Ethiopia on Tuesday said it is working on a new power strategy to boost electricity...
View Article27 November 2013 Development News Briefs
Ethiopia’s new 25 year – $100 billion Energy Strategy Prominent Ethiopian and foreign experts on Tuesday (November 26) began discussions on a new power strategy to boost electricity production as part...
View Article25-year Power Expansion Master Plan study tabled for discussion
- Dallol power plant, which would be primarily used for potash production, included in plan as indicated in map below - Solar power also being considered and a US partnership has been awarded...
View Article28 November Development News Round-Up
Huawei to roll out 4G service in Ethiopia’s capital Aaron Maash Ethiopia’s state-run Ethio Telecom has picked Huawei Technologies, the world’s second largest telecom equipment maker, to roll out a...
View ArticleMeeting the local one Ethiopia’s electric power supply could address the...
Using agriculture as a springboard Ethiopia is due to make a transition to a growth programme that uses industrialization as the powerhouse of its forward drive. The industrial plants, which have...
View ArticleTransforming macroeconomy structure as a booster to export earnings (Part 1)
The most awakening—not really alarming, let alone disheartening—news of these most recent weeks surrounding the economy of our country, Ethiopia, is that, in the first quarter of the current fiscal...
View Article01 December 2013 Development News Round Up
China to pour US$1 trillion into African investments The Chinese government and state-run banks will offer loans of up to US$1 trillion to Africa until 2025 as the continent emerges as China’s newest...
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