Browsing Tag
Africa
115 posts
Is Nigeria’s currency crisis a cautionary tale for Ethiopia?
A Plausible argument can be made, that Nigeria’s long ailing economy was pushed over the edge by the…
Addis Ababa’s Light Rail: A Cautionary Tale for Infrastructure in Africa
The light rail project in Addis Ababa, once hailed as a revolutionary solution for the city’s transportation woes,…
Ethiopia: OLA rebel fighters surrender in large numbers
Ethiopian security forces say they made significant progress against the Oromo Liberation Army (OLA) insurgency in recent months,…
Somalia: Mogadishu under security lockdown as airlines suspend flights following immanent terror warning
Turkish Airlines, Qatar Airways, and Fly Dubai abruptly halted all flights to Mogadishu on Tuesday in response to…
Update: Addis Ababa City Corridor Development Project
In recent years Addis Ababa has been undergoing some big changes. The latest corridor development project is a…
Ethiopia’s Eurobond Surges Amidst Favorable Financial Backing from World Bank
Ethiopia’s $1billion Eurobond coupon soared for the 12th consecutive day following good news from international financial backers, including…
Global leaders to meet in Geneva to raise $1 billion for humanitarian aid in Ethiopia
Officials from various countries and international organizations are set to gather in Geneva on April 16, 2024, for…
World Bank Unveils $1.4 Billion Program To Modernize Ethiopia’s Energy Sector
The World Bank has unveiled a financial package of up to US$1.4 billion for the Power Sector Reform,…
Ethiopia aims to boost entrepreneurship and startup culture
Ethiopia’s startup landscape is poised for a monumental revamp. Today’s Startup Ethiopia event in Addis Ababa unveiled pivotal…
As tensions escalate, Somalia dismisses Ethiopian Ambassador
In an apparent escalation of tension between Somalia and Ethiopia, Somalia has expelled the Ethiopian ambassador in Mogadishu.…
IMF concludes visit, as creditors give Ethiopia more time
Creditors agree to give Ethiopia more time to reach an agreement with the IMF as staff members end…
The Chinese-built Railway connecting Ethiopia to the sea
In a development set to transform the economic landscape of Ethiopia and Djibouti, a fleet of brand-new trains…