Ethiopia: Pm Hailemariam’s interview with BBC (Video)
BBC’s George Alagiah asked PM Hailemariam: * Where did African governments economic intervention went wrong in the past? * Whether Hailemariam would choose the American or the Chinese model of development? * What is the role of gov’t? * What is the role of the private sector? * What hailemariam has to say about the claim … Read more
Addis Ababa’s Unemployment rate stands at 23%, City officials claim
The unemployment rate of Addis Ababa decreased to 23.3 percent, the city Administration claims. The city’s unemployment rate stood as 31.4 percent in 2007, according to the news citing Foino Folla, head the Finance and Economic Development Bureau. The news didn’t provide a breakdown of the source of employments, except indicating that Micro and Small Enterprises take the lion’s share. The official … Read more
AU 18th Summit to be held in Addis Ababa, Jan. 23–30
The 18th Ordinary Session of African Union Summit of Heads of State and Government will officially start on Monday January 23rd. The theme of the Summit will be “Boosting intra-African trade”. The 23rd Ordinary Session of the Permanent Representatives Committee (PRC) will take place January 23rd – 24th and consider the reports of the sub-committees … Read more
Netherlands to ban qat (khat) import & use | Radio Netherlands
January 10, 2012 (Radio Netherland) – The Netherlands has announced its intention to ban the import and use of qat, the narcotic leaves and shoots of a flowering shrub grown and mainly used in East Africa and the Arabian Peninsula. Qat is very popular within the Somali and Ethiopian communities in the Netherlands. In a … Read more
Ethiopia: Swedish journalists to petition for pardon | Swedish media
The two Swedish journalists, recently sentenced to 11 years, decided on Tuesday to petition for pardon from the Ethiopian government. Though Reporter Martin Schibbye and photographer Johan Persson had the option to appeal to the Federal Supreme Court, they choose to rely on the "tradition of grace and forgiveness" that exist in Ethiopia, according to … Read more
Kenyan provincial administrator in Moyale fled to Ethiopia
A provincial administrator in Moyale fled into Ethiopia together with 25 police reservists following tribal hostilities in the area. The Funanyata sub-location assistant chief, Mr Boya Kala, led more than 50 families from his village to cross the boundary to Ethiopia’s region V on Saturday[Dec. 24]. Authorities in Moyale until yesterday were trying to trace … Read more
Ethiopia: The illicit financials outflow in perspective
The United States-based non-profit research body, Global Financial Integrity(GFI), released a report, titled ‘Illicit Financial Flows from Developing Countries Over the Decade Ending 2009‘. The report claims that Ethiopia lost US$ 7.9 Billion (conservative estimate) to 11.7 Billion (high-end estimate) to illicit financial outflows between 2000 and 2009. However, six months ago GFI indicated that … Read more
Ethiopia, Kenya negotiating on electric power export deal
The government of Kenya has agreed to start importing electricity from Ethiopia at US$0.07 per kilowatt hour at what the Kenyan Ministry of Energy describes as a competitive rate. The deal to import 400 megawatts (MW) was reached between Kenya’s Ministry of Energy and Ethiopia’s Ministry of Water and Energy, but they have not reached … Read more
Kenya Lamu Port – Ethiopia corridor to be launched on February
Prime Minister Raila Odinga has said the ground breaking ceremony for Lamu Port-Southern Sudan-Ethiopia Transport (Lapsset) Corridor will be held in February next year to open up Coast, Eastern and Northern Kenya regions. The PM noted that the multi-trillion shilling project will enable the country exploit the vast resources in the region in a move … Read more
Prime Minister Meles Zenawi’s visit to Norway and Denmark
[From: A Week in the Horn of Africa, Oct. 14, 2011 issue.] Prime Minister Meles visits Norway and Denmark On Monday and Tuesday this week, Prime Minister Meles at the invitation of the Norwegian and Danish governments participated in two international green growth conferences in Oslo and Copenhagen. Others present included Kenyan Prime Minister, Raila … Read more
