Ethiopia, Kenya get $5m energy grant from GRMF

By: Apa  March 4, 2014 a Ethiopia and Kenya on Monday secured a $5 million grant from the Geothermal Risk Mitigation Facility (GRMF) for Eastern Africa to develop renewable energy and reduce cost in the use of fuel to generate electricity. The

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Ethiopia: Cheap labour force + almost free land policy + No accountability = Booming for Chinese Business

Treading a new path A major Chinese shoe manufacturer is lacing up for the long run in this economic powerhouse. Will others follow? By Elissa Jobson, gga.org Feb 28, 2014 Elissa Jobson is a freelance journalist based in Ethiopia. She is

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Chinese enterprises in Africa are changing the continent’s economies

By Henry Srebrnik, February 9, 2014 China is propelled abroad by the need to secure energy, metals and strategic minerals in order to support the rising living standards of its people. Being driven by economic survival, China is, in the

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Is Africa’s Economy Under the Threat of Recolonization?

Tracy African leaders (presidents, heads of government, etc.) gathered in Addis Ababa, the Ethiopian capital, this past summer to celebrate 50 years of the successes and challenges of the Organization of African Unity, OAU, now known as the African Union,

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Report on how Chinese investment in Ethiopia is a gateway to Africa

If the shoe fits then wear it By Andrew Moody and Wang Chao  Ethiopia trying to become center for manufacturing in Africa on the back of Chinese investment, report Andrew Moody and Wang Chao Modern and brightly lit with all

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President Teshome Mulatu Invites China to Invest in Textiles

January 31, 2014  Ethiopian President Mulatu Teshome has invited investment from China in the country’s textile industry. Speaking in the Presidential Palace in Addis Ababa, Mr. Teshome said China is helping Ethiopia transform its economy, especially through investment in the

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President Teshome Mulatu Invites China to Invest in Textiles

January 31, 2014  Ethiopian President Mulatu Teshome has invited investment from China in the country’s textile industry. Speaking in the Presidential Palace in Addis Ababa, Mr. Teshome said China is helping Ethiopia transform its economy, especially through investment in the

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Between China and Japan, a Tug-of-War Over Africa

By BREE FENG Elias Asmare/Associated PressPrime Minister Shinzo Abe of Japan sits between Ethiopia’s prime minister, Hailemariam Desalegn, right, and the deputy chairman of the African Union Commission, Erastus Mwencha, during a visit to the African Union headquarters in Addis Ababa,

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Telecom Deal by China’s ZTE, Huawei in Ethiopia Faces Criticism

By Matthew Dalton, The Wall Street Journal LAKE WENCHI, Ethiopia—In the green highlands here southwest of Addis Ababa, farmers like Darara Baysa are proud owners of cellphones that run on a network built by China’s ZTE Corp. The trouble is, they

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