Year: 2014
- Africa
Regularity of elections in Africa yet to deepen democracy
The United Nations Economic Commission for Africa (ECA) is launching the third edition of the Africa Governance Report (AGR III) on Thursday June 5 2014, in Addis Ababa, Ethiopia. This Report focuses on the theme: “Elections and Management of Diversity”. The Report indicates that greater regularity in holding elections since the beginning of the 1990s has not necessarily enhanced their…
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Booming grain production in poor countries ends fears of high and extremely volatile prices
Grain prices are likely to settle down for the first time since the 2008 price shock, largely thanks to boosting production in developing countries, reveals a new report by the Overseas Development Institute (ODI) – the UK’s leading think tank on development issues. Poorer countries have added 240 million tones of cereals since the 2008 crisis, representing 74% of the…
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At least 74 dead in Somali/Ethiopian clash with Al-Shebab
At least 74 people were killed in fighting near Somalia’s border with Ethiopia on Sunday, according to officials and witnesses. Somali and Ethiopian forces attacked the bases of Al-Shebab islamists near the south-western town of Ato. Local people say that this is the worst fighting they have seen in the region and it is unclear how many were killed but…
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Illicit activities impact on peace and security
Carlos Lopes Since the early 1990s, most African countries have witnessed varied democratic transitions. Almost all democratic transitions have had to navigate the complexities and challenges of managing diversity in its various forms: the distribution of power and characteristics of political structures; issues of ethnicity and religion; definition of citizenship; or rights and concerns of marginalized groups. Even where governments…
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Radisson Blu Addis Ababa recognized as a top performing Hotel on the world’s largest travel site
Radisson Blu Hotel Addis Ababa announced on May 27th that it has received a Trip advisor Certificate of Excellence award for the second year in a row. The award, which honors hospitality excellence, is given only to businesses that consistently achieve outstanding traveler reviews on Trip Advisor, and is extended to qualifying businesses worldwide. “Winning the Trip Advisor Certificate of…
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The 2014 Africa Hotel Investment Forum moves from Nairobi to Addis Ababa
The Africa Hotel Investment Forum 2014 (AHIF) will take place at the Sheraton Hotel in Addis Ababa, the capital of Ethiopia on 29th Sept – 1st Oct 2014, organizers said. “We are delighted that AHIF 2014 has received strong interest from both delegates and sponsors this year, which has resulted in a move to Addis Ababa highlighting the growth story of…
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Twelve Years a Slave: “Are you a slave?”
Andrew DeCort When watching Twelve Years a Slave, the question subtly presents itself, “What does it mean to be enslaved?” To be sure, the film leaves no room for ambiguity in antebellum America: slavery was the ownership of one human being (the black “slave”) by another human being (the white “master”) in a unilateral relationship of domination and instrumentalization, often…
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Sufian Ahmed likely candidate for AfDB presidency
Sufian Ahmed, Ethiopia’s long serving Minister of Finance and Economic Development (MoFED), was among the six likely candidates whose names surfaced during the recently concluded annual summit of the African Development Bank (AfDB) as a potential candidate to run for the presidency of the African Development Bank (AfDB) group. Donald Kaberuka, the current President of the Bank, will be leaving…
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Tullow Oil hits water-bearing reservoirs in Ethiopia
OIL/GAS exploration firm Tullow Oil has found water-bearing reservoirs in its South Omo block, onshore Ethiopia. Tullow operates the South Omo block with a 50pc equity interest – Africa Oil has a 30pc stake and Marathon Oil another 20pc stake. “The frontier wildcat well encountered lacustrine and volcanic rocks including almost 100 metres of net sandstone reservoir within siltstones and…
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Reykjavík Geothermal to begin drilling in Ethiopia
Reykjavík Geothermal and the African Union will sign a USD 8 million (EUR 5.8 million, ISK 900 million) contract today allowing Reykjavík Geothermal to start drilling in the Ethiopian Rift Valley as part of two 500 MW power plants under construction. The energy produced by the power plants will be sold to the state electrical company Ethiopian Electric Power (EEP).…
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