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Ethiopia's Meles Blames African Corruption on Foreign Investors
May 10, 2012 Ethiopia's Meles Blames African Corruption on Foreign Investors Peter Heinlein | Addis Ababa What is the poison that corrupts many African leaders, no matter how honorable their intentions when they take office? That was the question put ...
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Addis Ababa to Host World Economic Forum & Ethiopia Investment Summit
Ethiopia's capital is gearing up to host The World Economic Forum's meeting on Africa and the 2012 Ethiopia Investment Summit this week. (Courtesy photo) By Tadias Staff New York (TADIAS) – The Lion Economies – a term coined by the global management ...
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African Union opens Chinese-funded HQ in Ethiopia
BBC News
The African Union has inaugurated its newly built headquarters in the Ethiopian capital, Addis Ababa. The entire $200m (£127m) project was funded by China as a gift to the AU, as Beijing continues to strengthen its influence in Africa.
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 Voice of America |
Bush Heads to Africa to Promote Disease-Fighting Programs
The ex-president and his wife, Laura, will visit Tanzania, Zambia and Ethiopia from December 1-5. While in Africa, the former president and first lady will promote disease-fighting initiatives started during his presidency and supported by the George ...
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ECX working for Africa wide exchange
The Ethiopian Commodity Exchange has been so successful trading produces like coffee, sesame, peas and beans that many other African countries want to model the way they have modernized trading and increased the income of their farmers.
Eugene Owusu, UNDP Ethiopia Resident Representative said that ECX was blazing a trail when it comes to commodity exchange in Africa and there is a groundswell of interest across the continent to set up commodity exchanges, learning from the Ethiopian model.
The Ethiopian Commodity Exchange (ECX) and the United Nations Development Programme (UNDP) have organized a conference from 8-9 November, to encourage
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Pan-African commodity exchange begins next year
Bourse Africa Limited (BAL), the first pan-African commodity spot and multi-asset class exchange, has announced that it will commence operations in mid 2012.
At the press conference held in Addis Ababa at the Sheraton Addis on Wednesday November 9, Bourse officials, said that BAL is establishing a pan-African exchange platform in Botswana and a network of linked exchanges, fully localized in national and regional markets across the continent.
BAL will leverage FTIL’s technologies across the exchange and clearing space. It will also be supported by the Group’s ecosystem ventures engaged in providing solutions such as warehouse receipt financing, market information
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Rebuilding Libya
 Mohamed B. Enwies, Charge D’Affairs of the Libyan Embassy to Ethiopia served his country as a diplomat for many years in places like Gambia and Malawi. He started his career in the Ministry of Information. Before his appointment as Charge D’Affairs he served as first councilor for the past 21 months. He talked to Groum Abate about the current situation in Libya and how his government plans to build the future of Libya. Excerpts: Capital: How do you see the future Libya after Gaddafi?
Mohamed B. Enwies: Libya is going to be better than before.
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Good Luck
 The Nigerian President Goodluck Ebele Jonathan arrived in Addis Ababa with a business delegation last Thursday to discuss potential business development opportunities that exist between Ethiopia and Nigeria. Nigeria has been showing interest in investing in the Ethiopian telecommunication sector for some time now, on Thursday it was declared by PM Meles telecommunications and the banking sector will remain in the public sector, but all other sectors are open to Nigerian investors. Much emphasis was placed on the huge potential across the spectrum of sectors for investment. President Jonathan said that there is a dire
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Ethiopia: the fastest growing economy next to Ghana
The 2011 African Economic Outlook Report (AEOR) ranked Ethiopia the second fastest growing economy in Africa. The report declared Ghana as the first fastest growing economy in the continent at a rate of 12 percent this European year.
The AEOR is an annual report that combines expertise of the African Development Bank, OECD Development Center, United Nation Development Program and the United Nations Development Economic Commission for Africa.
The report identifies Ghana, Ethiopia, Democratic Republic of Congo, Zimbabwe, Mozambique, Angola, Liberia, Nigeria, Tanzania, and Botswana as the top ten fastest growing economies in the year. It also rates Tunisia,
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