Globes online Idan Ofer told allAfrica: We want to turn Ethiopia into Africa’s potash hub. Israel Corporation (TASE: ILCO) controlling shareholder Idan Ofer has promised to make Ethiopia “Africa’s center of potash production,” and invest in the country’s electricity infrastructure, reports allAfrica. Israel Chemicals, controlled by Israel Corp. recently bought a 30% stake in Canada’s
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The Economist | LUSAKA BUYING ‘Fair Trade’ coffee is not really helping the very poor, new research suggests. By comparing living standards in Fair Trade-certified producing areas in Ethiopia and Uganda with similar non-Fair Trade regions, four development economists from the School of Oriental and African Studies (SOAS) in London found that Fair Trade agricultural
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The Economist | LUSAKA BUYING ‘Fair Trade’ coffee is not really helping the very poor, new research suggests. By comparing living standards in Fair Trade-certified producing areas in Ethiopia and Uganda with similar non-Fair Trade regions, four development economists from the School of Oriental and African Studies (SOAS) in London found that Fair Trade agricultural
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BY KENNETH AGUTAMBA The New Times Rwanda-LI KEQIANG is not the president of China. He’s the prime minister, but the presidential red carpet welcome accorded to him on his recent visit to Africa speaks volumes. In Ethiopia, Li addressed African Union leaders; in Nigeria he delivered a keynote speech during the World Economic Forum and
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World Finance Moody’s has issued Ethiopia with a B1 rating for currency sovereign credit. Prime Minister Hailemarian Desalegn has indicated that with the sovereign credits ratings, a bond sale will follow Two top global agencies rate the fast-growing African nation for the first time and investors pay attention Ethiopia has been one of the fastest
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Geeska Africa Djibouti (HAN) May 18, 2014. Regional business news update. World Bulletin.. The Ethiopian port authority received nine new Ships (vessels) worth over $300 million from China at a ceremony organized in Djibouti Port. According to Ismail Omar Ghelle, “We believe that Ethiopia is Djibouti and Djibouti is Ethiopia, no difference at all,” president added, going on to
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By MONICA KAYOMBO Zambia Daily Mail Monica Kayombo (right) with Memory Chipango, a travel agent at Voyagers Travel and Tours pose for a photo at the African Union Building in Addis Abba. PREPARATIONS for my second visit to Addis Ababa, Ethiopia, after my first in 2010, started like any other, but little did I know
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The WSJ May 14, 2014 Rise Wages at Home Spur Makers of Shoes, TVs, Cars to Expand on the Continent By PETER WONACOTT A shoe factory in Ethiopia CAPE TOWN, South Africa—Each sparkly green television motherboard that rolls off the Hisense Co. factory line here moves China a tiny step toward a new global manufacturing base.
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By Prof. B. R. Deepak Eurasiareview Chinese Premier Li Keqiang visited Ethiopia, Nigeria, Angola and Kenya between 4th and 11th May 2014. It was Li’s first visit to Africa, and coincides with the 50th anniversary of Chinese Premier Zhou Enlai’s first visit to Africa in 1964. Li’s visit has been considered as another milestone in
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By Richard Lough ADDIS ABABA, May 14 (Reuters) – Ethiopia has not yet decided if it will follow other African countries that have tapped international markets with Eurobonds, the finance minister said on Wednesday after his country secured a sovereign credit rating. Ethiopia, which has previously said it was considering issuing a Eurobond, was awarded
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