World hunger report

World hunger falls, but 805 million still chronically undernourished

MDG target to halve proportion of world’s hungry still within reach by end of 2015 – FAO About 805 million people in the world, or one in nine, More »

Addis-Adama expressway

Addis Abeba-Adama expressway opens for traffic

The 84.5 km Addis-Adama express way, the first for the country, is now operational as of Sep. 14th, the Ethiopian Toll Roads Enterprise’s CEO, Hiwot Mossisa, told journalists. Although it was inaugurated in April, issues related to toll regulations have delayed the opening for the traffic of the six-lane expressway More »

Crowne-Plaza-Addis-Abeba

IHG first hotel in Ethiopia marks its entry into Africa

InterContinental Hotels Group (IHG), one of the world’s leading hotel companies, has signed a management agreement with Tsemex Hotels and Business Plc to develop Crowne Plaza Addis More »

World hunger falls, but 805 million still chronically undernourished

World hunger report

MDG target to halve proportion of world’s hungry still within reach by end of 2015 – FAO
About 805 million people in the world, or one in nine, suffer from hunger, according to a new UN report released today.
The State of Food Insecurity in the World (SOFI 2014) confirmed a positive trend which has seen the number of hungry people decline globally by more than 100 million over the last decade and by more than 200 million since 1990-92. The report is published annually by the Food and Agriculture Organization (FAO), the International Fund for Agricultural Development (IFAD) and the World Food Program (WFP).

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Addis Abeba-Adama expressway opens for traffic

Addis-Adama expressway

The 84.5 km Addis-Adama express way, the first for the country, is now operational as of Sep. 14th, the Ethiopian Toll Roads Enterprise’s CEO, Hiwot Mossisa, told journalists.
Although it was inaugurated in April, issues related to toll regulations have delayed the opening for the traffic of the six-lane expressway built by China Communications and Construction Co. (CCCC) and financed by the government and Exim Bank of china, which provided a US$800 million.
“Small and medium vehicles will pay 66 cents per kilometer, while large buses and trucks will pay 79 cents per kilometer. Heavy trailers and semi-trailers will pay 92 cents per kilometer,” FBC quoted the CEO as saying.
The new expressway has seven toll stations manned by cashiers who “have been trained” and have already reported for duty at their respective stations.

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IHG first hotel in Ethiopia marks its entry into Africa

Crowne-Plaza-Addis-Abeba

InterContinental Hotels Group (IHG), one of the world’s leading hotel companies, has signed a management agreement with Tsemex Hotels and Business Plc to develop Crowne Plaza Addis Abeba. The 210-key hotel represents the entry of IHG into Ethiopia and adds to the company’s growing presence in Africa.

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Haile Gebrselassie confirmed as keynote speaker at AHIF

Haile G. Sellasie

Bench Events today announced that Haile Gebrselassie, the former Olympic and world athletics champion, has been confirmed as a speaker at the Africa Hotel Investment Forum (AHIF) – Africa’s top event for hotel investors, which takes place from the 29th September to 1st October in Addis Abeba, Ethiopia.
Haile Gebrselassie won two Olympic gold medals at 10,000 meters and four world championships at the same distance. He also won major titles at all distances from 1,500 meters to the marathon and during his career he broke 27 world records. He is widely considered as one of the greatest distance runners of all time.

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Africa’s immunity controversy

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