Religion and money: is Islamic banking the way forward for Ethiopians?

The Guardian What happens when it’s not just a lack of physical banks preventing communities’ access to financial services, but ethical issues too? Rural Ethiopia has a 125,000:1 person-to-bank branch ratio. Photograph: Mercy Corps Karri Goeldner Byrne and Thea Anderson Islam is the world’s second largest religion with more than 1.5 billion followers, making up

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Religion and money: is Islamic banking the way forward for Ethiopians?

The Guardian What happens when it’s not just a lack of physical banks preventing communities’ access to financial services, but ethical issues too? Rural Ethiopia has a 125,000:1 person-to-bank branch ratio. Photograph: Mercy Corps Karri Goeldner Byrne and Thea Anderson Islam is the world’s second largest religion with more than 1.5 billion followers, making up

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President Salva Kiir ruled out a proposed power-sharing deal

Juba (AFP) – Hopes of an end to South Sudan’s 15-month old civil war were dealt another blow on Wednesday as President Salva Kiir ruled out a proposed power-sharing deal with rebels. Speaking at a political rally in the capital Juba, Kiir rejected key elements of the latest draft deal between him and rebel leader

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Al-Sisi reviews Ethiopia dam agreement with top government officials

By Aya Nader President Abdel Fattah Al-Sisi held a meeting Tuesday to review the results of the High Committee on the Nile water discussions with Ethiopia and Sudan. The meeting took place before the signing of an agreement between the three countries regarding the Grand Ethiopian Renaissance Dam (GERD) project. The review included experts representing

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Ethiopia Reviewing Energy Policy

ADDIS ABABA (BERNAMA-NNN-ENA) — The Ethiopian government is striving to provide affordable, reliable and secure energy for the society which it deems essential in building a modern economy, says Water, Irrigation and Energy Minister Alemayehu Tegenu. The energy sector in the country is currently experiencing rapid technological progress, something which had been difficult to consider

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US drone ‘kills al-Shabab leader’

(BBC) Al-Shabab militants have been driven out of the group’s strongholds in Somalia The US defence department has confirmed that it has killed an al-Shabab leader, Adan Garar. The Pentagon says the militant was hit by a drone equipped with Hellfire missiles in southern Somalia last Friday. Garar was a suspect in the 2013 Westgate

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The remarkable growth of Ethiopian Airlines – “The New Spirit of Africa”

Ethiopian has already become the largest airline in Africa based on fleet size that pledges the flagship carrier to expand its network in 2015, enabling it to widen the gap with other leading African carriers. Ethiopian currently has orders for ‘next generation’ aircraft including 20-30 737 MAX 8s, 14 A350s, three 737-800s, two 787-8s, two

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The remarkable growth of Ethiopian Airlines – “The New Spirit of Africa”

Ethiopian has already become the largest airline in Africa based on fleet size that pledges the flagship carrier to expand its network in 2015, enabling it to widen the gap with other leading African carriers. Ethiopian currently has orders for ‘next generation’ aircraft including 20-30 737 MAX 8s, 14 A350s, three 737-800s, two 787-8s, two

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Ethiopia: Oil marketer plans $5 bn refinery construction

Tadesse Tilahun, the chief executive of National Oil Ethiopia By Wendell Roelf CAPE TOWN (Reuters) – Ethiopia’s leading private oil marketer plans to build a $5 billion refinery within ten years to meet the growing demand for refined products in a region experiencing fast economic growth. A refinery could compete with imports from India, the

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Ethiopia: Oil marketer plans $5 bn refinery construction

Tadesse Tilahun, the chief executive of National Oil Ethiopia By Wendell Roelf CAPE TOWN (Reuters) – Ethiopia’s leading private oil marketer plans to build a $5 billion refinery within ten years to meet the growing demand for refined products in a region experiencing fast economic growth. A refinery could compete with imports from India, the

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