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Ethiopian Latest News, Top Analysis and the Best Articles

October 2012

Ethiopia Growth to Slow Unless Private Sector Boosted, IMF Says

By William Davison Oct. 2 (Bloomberg) — Ethiopia’s growth will slow to 6.5 percent this year and over the “medium term” unless there’s more private-sector involvement in infrastructure projects, the International Monetary Fund said. Economic performance was “mixed” in the 12 months to July 7, with “strong, broad-based growth” of 7 percent, the IMF said …

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Maid attempts suicide in Dubai and is FINED after she’s rescued

The 24-year-old Ethiopian national says she was desperate when employers couldn’t afford to pay her three months back wages. By Erik Ortiz / NEW YORK DAILY NEWS newspaper in Dubai published an editorial Monday calling for compassion and an attitude of concern for suicidal people — as opposed to reprimanding them. A despondent maid in …

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Missing in Africa: How Obama Failed to Engage an Increasingly Important Continent

(Foreign Affairs) — Africa is more important than ever to the United States. The continent, home to six of the world’s ten fastest-growing economies, is booming. And democracy has become the African norm rather than the exception. This year alone, no fewer than fifteen sub-Saharan countries will hold elections. With their combination of liberal politics …

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AfDB approves $348m funding for Kenya-Ethiopia $1.26b electricity highway

By Ekow Quandzie The African Development Fund of the African Development Bank (AfDB) has approved $348 million in funding for the $1.26 billion electricity highway project between Kenya and Ethiopia. The bank approved the funds Thursday, September 20, 2012. Due for commissioning in November 2017, the project involves the construction of a 1,068-kilometre high-voltage direct …

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