Shutdown of U.S. Ex-Im Bank Puts Ethiopian Airlines in a Financing Bind

Shutdown of U.S. Ex-Im Bank Puts Ethiopian Airlines in a Financing Bind Shutdown of U.S. Ex-Im Bank Puts Companies in a Financing Bind By Kimberly S. Johnson, The Wall Street Journal Ethiopian Airlines had to scramble at the last minute this summer when it needed to pay for a plane it ordered from Boeing Co.

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Ethiopia accused of stalling negotiations with Egypt and Sudan over Renaissance Dam

Future of negotiations remains unclear as Ethiopia asks to postpone the tripartite meeting of 4 October Ahram Online A tripartite meeting that was supposed to be held in Egypt on Sunday has been postponed upon the request of Addis Ababa in the latest setback to efforts to reach a compromise over Ethiopia’s Renaissance Dam. Egypt

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7.5 million going hungry as Ethiopia crisis worsens

Addis Ababa (AFP) – The number of hungry Ethiopians needing food aid has risen sharply due to poor rains and the El Nino weather phenomenon with around 7.5 million people now in need, aid officials said Friday. That number has nearly doubled since August, when the United Nations said 4.5 million were in need —

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Map: China’s Stereotypes of Africa, from ‘Chaotic’ Somalia to ‘Impoverished’ Ethiopia

They don’t differ materially from American views of the continent. BY WARNER BROWN , FP Map: China’s Stereotypes of Africa, from ‘Chaotic’ Somalia to ‘Awesome’ Gambia China’s ambitions in Africa are well-documented. Its annual trade with the resource-rich continent recently surpassed $200 billion, and Chinese agencies and firms have invested heavily in building badly needed

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Ethiopia, Djibouti Agree on Blackstone-Backed Fuel Pipeline

By Paul Burkhardt, Bloomberg The 550-kilometer line will import fuel from Djibouti coast Venture estimated at $1.55 billion; construction by 2018 Ethiopia and Djibouti signed an agreement for a $1.55 billion fuel pipeline with developers Mining, Oil & Gas Services and Blackstone Group LP-backed Black Rhino Group. The two countries in the Horn of Africa

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Ethiopia, Djibouti Agree on Blackstone-Backed Fuel Pipeline

By Paul Burkhardt, Bloomberg The 550-kilometer line will import fuel from Djibouti coast Venture estimated at $1.55 billion; construction by 2018 Ethiopia and Djibouti signed an agreement for a $1.55 billion fuel pipeline with developers Mining, Oil & Gas Services and Blackstone Group LP-backed Black Rhino Group. The two countries in the Horn of Africa

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Business and bureaucracy: Ethiopia entrepreneurs overcome hurdles

By Karim Lebhour Addis Ababa (AFP) – The large open plan office with staff behind sleek computers looks like any newly-started modern business. But Ethiopia’s first online restaurant delivery service, Deliver Addis, must contend with major hurdles that would stall many entrepreneurs in more developed nations. Setting up any business is a challenge, but in

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Business and bureaucracy: Ethiopia entrepreneurs overcome hurdles

By Karim Lebhour Addis Ababa (AFP) – The large open plan office with staff behind sleek computers looks like any newly-started modern business. But Ethiopia’s first online restaurant delivery service, Deliver Addis, must contend with major hurdles that would stall many entrepreneurs in more developed nations. Setting up any business is a challenge, but in

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Ethiopian runners begin new lives after fleeing to the United States

Athletes who suffered political persecution face an anxious wait to find out if their asylum claims are successful and they can resume their careers By Rick Maese The Guardian Genet Lire locked herself in a bathroom stall at Dulles International Airport and hid. The clock was ticking. If she was found, she would have to

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Ethiopian runners begin new lives after fleeing to the United States

Athletes who suffered political persecution face an anxious wait to find out if their asylum claims are successful and they can resume their careers By Rick Maese The Guardian Genet Lire locked herself in a bathroom stall at Dulles International Airport and hid. The clock was ticking. If she was found, she would have to

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