Business

Bangladesh, Ethiopia Discuss on Investment Opportunities

Bangladesh Ambassador to Ethiopia Nazrul Islam conversed with Ethiopian Investment Commission Commissioner Lelise Neme on ways to boost the investment relations of the two countries. They have also discussed issues around Bangladesh investors in Ethiopia, according to the commission. Exploring potential investment opportunity and promoting the countries investment to the Bangladesh investors jointly were the […]

Business

President Emphasizes Need for Expansion of Road Infrastructure

President Sahle-Work Zewde addressed today the opening of the Second United Nations Sustainable Transport Conference held in Beijing. On the occasion, the president said road infrastructure is the backbone of Ethiopia’s agricultural economy and the country has allocated 11 percent of its annual budget on road infrastructure development and maintenance. In order to facilitate the […]

Business

Why banning financing for fossil fuel projects in Africa isn’t a climate solution

Today’s global energy inequities are staggering. Video gamers in California consume more electricity than entire nations. The average Tanzanian used only one-sixth the electricity consumed by a typical American refrigerator in 2014. Globally, the top 10% of countries consume 20 times more energy than the bottom 10%. And 1.1 billion sub-Saharan Africans share the same amount of power generation capacity as Germany’s 83 million […]

Business

China’s reputation challenged by perceptions of low-quality projects and products in Ethiopia

One of the most striking elements of the discourse about China in Ethiopia is how official governmental narratives highlight the impressive scale of Chinese projects, whether major infrastructure construction of roads and railways or the import of essential goods like vaccines, phones, and clothing, while popular narratives often underline the low quality of these projects […]