Ethiopia’s tech economy on the rise

Special Initiatives “Despite setbacks, Ethiopia’s tech economy has been making strides, luring entrepreneurs from throughout Africa and gaining international recognition. This is due to a mix of increased government support for ICT development and the establishment of start-up incubators and hubs that are creating an ideal landscape for the tech industry to grow. Now home

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Ethiopia Completes Debut Dollar Bond Sale

Landmark Deal Caps a Record Year for Frontier Market Debt Issuance By Ben Edwards The Wall Street Journal Ethiopia completed its debut dollar bond sale on Thursday, capping off a record year for frontier market debt issuance. The 10-year bond priced to yield 6.625% and raised $1 billion, according to one of the banks working

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Ethiopia Completes Debut Dollar Bond Sale

Landmark Deal Caps a Record Year for Frontier Market Debt Issuance By Ben Edwards The Wall Street Journal Ethiopia completed its debut dollar bond sale on Thursday, capping off a record year for frontier market debt issuance. The 10-year bond priced to yield 6.625% and raised $1 billion, according to one of the banks working

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Ethiopia: potato cultivation great potential

Potatoes could play a much larger role in feeding the Ethiopian population in the future, reports the German website inar.de. According to estimates by the ‘International Potato Centre’ Ethiopia has the largest potential for the cultivation of potatoes in Africa. However, less than three percent of the smaller growers in Ethiopia have access to productive

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Ethiopia: potato cultivation great potential

Potatoes could play a much larger role in feeding the Ethiopian population in the future, reports the German website inar.de. According to estimates by the ‘International Potato Centre’ Ethiopia has the largest potential for the cultivation of potatoes in Africa. However, less than three percent of the smaller growers in Ethiopia have access to productive

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Not Just for Export: Ethiopia’s Coffee Culture

THE Huffington BLOG By Yuliya Neyman My first trip to a coffee-producing country was in 2008. I was traveling to Costa Rica, and right up there with surfing in Tamarindo and seeing the Volcan Arenal was what I considered a culinary must: sampling some fabled Costa Rican roast. Imagine my dismay when, upon settling into

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Insurance for Ethiopian herders aims to combat drought, conflict

TRFN- Nomadic livestock herders in Ethiopia have received their first payout from an insurance scheme that tracks poor pasture conditions with satellite technology. Ethiopia has difficulty drawing full advantage from its livestock resources – the largest in Africa – because of the unreliability of pasture and water caused by persistent drought. The new insurance scheme,

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Ethiopia receives US$1.4bn petro pipeline project proposal

Construction Review Online Laying of the Habshan – Fujairah oil pipeline in Ethiopia The Ethiopian Government is going through proposal for the construction of US$1.4bn petroleum pipeline at Port of Djibouti. This was disclosed in the “Powering Africa: Ethiopia Meeting” held in Radisson Blu Hotel last month. Officials from the Ethiopia’s Ministry of Water, Irrigation

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Ethiopia sees record coffee exports after Brazil’s drought

Reuters Ethiopia expects coffee exports for its 2014/15 crop to hit a record high because of drought and disease stifling crops in Latin America, the head of its exporters association said on Wednesday. An unprecedented drought early this year reduced the 2014/15 crop in the world’s biggest coffee producer Brazil. The International Coffee Organization forecast

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Ethiopia’s bond offering rated by Moody’s and S&P

By Sarah Owermohle, CPI Financial Moody’s has assigned a provisional (P)B1 rating to Ethiopia’s upcoming dollar-denominated bond offering, while Standard and Poor’s (S&P) has assigned it a ‘B’ rating.   The bond, Ethiopia’s first issuance in international markets, will fund Government capital expenditures, including development of the sugar and energy industries and general budgetary expenses,

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