Month: June 2013
- Africa
Afreximbank looking into financing $ 600 mln. potash development in Ethiopia
Emnet Assefa African Export Import Bank (Afreximbank) said it was looking in to financing $600 million potash production project in Ethiopia. Briefing the media this morning following the opening of the Bank’s 20th year anniversary celebrations here in Addis Ababa, the Bank’s President, Jean Louis Ekra, said the Bank was looking in to financing a potash production project in Ethiopia.…
Click Here to read more. - Africa
High jet fuel price in Addis worries Lufthansa
Emnet Assefa Lufthansa, the largest European carrier group, says high fuel price in Addis Ababa has challenged its flight operations to and from Ethiopia. In a meeting with media professionals on June 11th Carsten Scheffer, Lufthansa’s Sales and Services Vice President for Middle East and Africa, said the high prices of jet fuel in Addis Ababa was forcing the…
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The powers that be…
Perhaps the most important commission within the AU is that of Peace and Security, led by the seasoned Algerian diplomat Ambassador Ramtane Lamamra. Ambassador Lamamra was one of the few men to receive a warm welcome from the Chairperson of the AU Dr. Nkosazana Dlamini Zuma upon arrival at the 50th jubilee of the OAU held at the Millennium Hall…
Click Here to read more. - Middle East
Israel keeps on abusing African asylum seekers
Ran HaCohen (PhD), Middle East Correspondent Voluntariness is a tricky concept in Jewish religious tradition. A classical case is divorce rules: when a Jewish woman wants a divorce, her husband is the only one who can give her that. But if he refuses, the Rabbis can pressure him to give a divorce until he says: “I am willing”. The pressure…
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Bye bye American pie
Americans do not resent the rich man next door but as more of them say goodbye to their slice of the American pie, anxiety is creeping Tomas Mega, U.S. correspondent, Nevada America has its share of dirty little secrets. They tend to be the closely guarded themes that make politicians, business leaders, bureaucrats and others in power anxious. They are…
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AfDB governors announce Bank’s return to its headquarters in Abidjan
The Boards of Governors of the African Development Bank (AfDB) and of the African Development Fund (ADF) announced the return of the AfDB to its headquarters in Abidjan, Côte d’Ivoire, during the Bank’s Annual Meetings held in Marrakech (Morocco) from 27th to 31st May 2013. This decision follows the approval of the roadmap prepared by Bank’s management for the return of the institution to Côte d’Ivoire. According…
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Ethiopian Musicians reach out to save a legend’s life
The Ethiopian Musicians Association in collaboration with different Ethiopian renowned artists is organizing a concert with all proceeds of the event going to support artist Abebe Melesse, a household name amongst millions of Ethiopian music fans and many musicians. The mega concert dubbed “Wuleta” will be held at Laphto Mall on June 15 will feature legendary artists Mohamud Ahmed, Tewodros…
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Addis hosting high- level symposium on Post 2015 economic partnership
Emnet Assefa A high-level international symposium discussing the development cooperation in post- 2015 opened in Addis Ababa on Thursday June 6th at the United Nations Economic Commission for Africa (UNECA). Under the theme of “A renewed global partnership for development for the post-2015 era” participants of the symposium are discussing ways of how a renewed global cooperation in post Millennium…
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New housing registration underway
Emnet Assefa Ministry of Urban Development and Construction announced today the beginning of a registration for different housing schemes intended for residents of Addis Ababa City. The Commercial Bank of Ethiopia branch offices throughout the city are hosting long queues of city dwellers to register for the low cost housing schemes announced by the city government by opening closed accounts…
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Thousands participate in a rare public demonstration against the government in Ethiopia
Emnet Assefa Addis Ababa hosted the first public anti government protest on Sunday June 2nd since the disputed 2005 election that had caused the death by security forces of 198 people in the streets of Addis and the arrest of thousands of Ethiopians. Organized by a fairly new opposition political party, Blue party, an estimated 6000- 7000 protestors crowded…
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