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Ethiopia: Africa’s New China?

. Posted on May 8, 2015 by Lennox Yieke Ethiopia is emerging as Africa’s economic powerhouse and is in many ways where China was a while back. As cliché as it may sound, the expression ‘looking like a...

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01 May 2015 Economic News Round-Up

. Ethiopia Registering Remarkable Achievements, Says UNDP 2014 Report . Addis Ababa April 30/2015 – Ethiopia has registered remarkable achievements in economic and social changes, United Nations...

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19 March 2014 Economic News (UPDATED)

. Ethio Telecom’s 4G network to launch on Saturday . Addis Ababa, 19 March 2015  - Officials at the state monopoly Ethio Telecom have announced that the country’s much awaited 4G network is set to be...

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Ethiopia charting a path to a low carbon future with light rail

At the end of a long day at work, the only thing you want to do is get home quickly. You’re exhausted from dealing with your boss, terrible colleagues or crazy clients. But traveling home is just...

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30 January 2015 Ethiopian Economic News

    . China firms building new 700km railway in Ethiopia . ADDIS ABABA - Ethiopia expects to open a new railway line linking the capital Addis Ababa with the Red Sea state of Djibouti in early 2016, a...

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05 December 2014 News Round-Up

. Ethiopia eyes record coffee exports . By Aaron Maasho in Addis Ababa . The head of Ethiopia’s exporters association says the East African country expects coffee exports for its 2014/15 crop to hit a...

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01 December 2014 News Round-Up

. China-Ethiopia relations: an excellent model for South-South cooperation . . China and Ethiopia have strengthened their bilateral relations, which be an excellent model for South-South cooperation,...

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07 Nov. 2014 Development News

. Kenya – Ethiopia highway to be ready next year . . Road construction in progress. A 505-kilometre highway linking Kenya and Ethiopia is expected to be ready next year. . The tarmacking of the main...

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Not made in China

. China thinks manufacturing clothes is so last decade. As labor costs in the “world’s factory” continue to rise dramatically, global fashion brands are looking elsewhere to source apparel. In addition...

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26 Sept 2014 News Round-Up

. Prime Minister Hailemariam holds talks with President Obama . . Prime Minister Hailemariam Desalegn and President Barack Obama held bilateral talks on the sidelines of the 69th Session of the UN...

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Ethiopian leather shoes finding markets across the world, but there is little...

. By ANDUALEM SISAY GESSESSETuesday, September 16  2014 . In Summary Though Ethiopia’s leather industry has been facing challenges such as power shortages, logistics and contrabands. The fact that some...

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09 Sept. 2014 Development News (UPDATED)

. Ethiopian, Chinese joint venture sign deal to build 391MW hydropower plant . . Addis Ababa, 9 September 2014 (WIC) – SUR Construction PLC teamed up with two giant Chinese companies to build a new...

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01 August 2014 News Round-Up

. Leaders explore joint financing for LAPSSET project . Written by KENNEDY KANGETHE The leaders who attended a consultative meeting in Nairobi on Thursday were President Yoweri Museveni of Uganda,...

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27 July 2014 News Round-Up

. Huajian Group to build its own industry zone . - Receives 138 hectare plot  The Chinese shoe company, which has already heavily invested in Ethiopia at the Eastern Industrial Zone in Dukem town of...

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Where China Goes To Outsource Its Own Soaring Labor Costs

Submitted by Tyler Durden on 07/24/2014 30 years ago, the great outsourcing wave took millions of US low-skilled jobs and planted them right in the heart of China, which was about to undergo the...

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The U.S. – Africa Leaders Summit: Deepening Trade and Commercial Ties

Zenia Lewis and Witney Schneidman   -  July 24, 2014   Editor’s Note: The U.S.-Africa Leaders Summit blog series is a collection of posts discussing efforts to strengthen ties between the United States...

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Ethiopia Becomes China’s China in Search for Cheap Labor

. Ethiopian employees work inside the Huajian Shoes’ factory outside Addis Ababa . By Kevin Hamlin, Ilya Gridneff and William Davison Jul 22, 2014 Ethiopian workers strolling through the parking lot of...

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China outflanks Western investors

. China has acted quickly to finance two multibillion-dollar tenders in Kenya and construction of a multitude of others. While this has angered other international and local investors, they have been...

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The pragmatic disruptor behind China’s economic miracle

. Iain Marlow – ASIA-PACIFIC CORRESPONDENT VANCOUVER — The Globe and Mail Published Friday, Jun. 13 2014 . The week he got hired as the World Bank’s first chief economist from a developing country,...

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Ethiopia and China: How Two Former Empires Connected in the 20th Century

Liu Zhen (pictured, above) / China News Service . By David H. Shinn | June 11, 2014 . Ethiopia was never colonized and along with China has a long imperial history. China’s imperial period came to an...

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