Gates foundation Addis Ababa University Honorary Degree Thank you for that introduction, Dr. Admasu Tsegaye [President of Addis Ababa University]. Prime Minister Hailemariam; distinguished guests; faculty and students of Addis Ababa University. I am deeply grateful for this honorary degree. I never got my real degree. I dropped out to start Microsoft, and never went
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U.S. Embassy Press Release Addis Ababa, Ethiopia,– There has been no recent FAA warning for flights in or out of Ethiopia. The FAA flight prohibition (SFAR 87 of May 16, 2000) pertaining to Northern Ethiopia predates the June 18, 2000 cessation of hostilities between Ethiopia and Eritrea and has not been updated subsequently. The FAA
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Bloomberg By William Davison Ethiopia’s birr is overvalued and the country would benefit from a devaluation to boost export revenue and accelerate economic growth, the World Bank said. Reducing the currency’s value by 10 percent in real terms may lead to a 5 percent increase in stalled export earnings and a 2 percent increase in
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New vision Traders and other organizations transacting business in South Sudan are beaming with smiles of satisfaction after Ethiopian Airlines being granted permission to operate direct flights between Entebbe and Juba starting next week. This was done in a bid to fill the vacuum of travel options that followed the grounding of Air Uganda flights.
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Bloomberg Ethiopian workers strolling through the parking lot of Huajian Shoes’ factory outside Addis Ababa last month chose the wrong day to leave their shirts untucked. Company President Zhang Huarong, just arrived on a visit from China, spotted them through the window, sprang up and ran outside. The former People’s Liberation Army soldier harangued them
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Xinhua, Mo Hong’e An Ethiopian was sentenced to seven months in jail for trafficking khat to China, marking the first such case in the country, which classed the plant as an illegal drug this year. The verdict was handed down earlier this month by the Intermediate People’s Court of Hangzhou, capital of east China’s Zhejiang
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Bloomberg By William Davison GPB Global Resources, a unit of Russia’s state-owned Gazprombank Group, may invest about $60 million searching for petroleum in northeastern Ethiopia, Executive Director for Corporate Communications Sergey Tagashov said. The company last week announced it won approval from the government for a production-sharing agreement that covers seven years for exploration and 25 years
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Time.com By Kate Ashford Yikes. One in 10 Americans has had a smartphone stolen, according to a new study by mobile security firm Lookout. This is a double bummer: Replacing a phone can be expensive, and the personal information we keep on these gadgets is often priceless. Here, tips for keeping your device (and data)
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Ajkikhabar Addis Ababa: In what is being seen as a recognition of the heavy traffic generated on its routes to the Indian subcontinent, the flagship carrier of the East African nation ofEthiopia has named its newestBoeing 787 Dreamliner after India’s most famous monument. The Ethiopian Airlines (ET) has named its eighth 787 Dreamliner after the Taj Mahal, Mughal emperor Shah Jahan’s monument
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By JENNY VAUGHAN, AFP ZIWAY – Beyond the donkeys on a potholed road in southern Ethiopia is an unexpected sight—vineyards bursting with merlot, syrah and chardonnay grapes ripening in the African sun. The scene is more reminiscent of France’s Beaujolais region than this corner of the Horn of the Africa, which for many still conjures
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