Year: 2014
- Africa
Forced labor generates US$150 billion profit per year: ILO
The estimated amount for total illegal profits obtained from the use of forced labor in Africa is US$13.10 billion per year Forced labor in the private economy generates $ 150 billion in illegal profits per year, about three times more than previously estimated, according to a new report from the International Labor Organization (ILO). “This new report takes our understanding…
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251 Communication takes Ethiopia to the world’s leading fashion event
251 Communications and Marketing PLC announced today at the Friendship International Hotel that it is now the exclusive representative for Magic Trade Week, the leading and largest fashion event that brings together the apparel, accessories and footwear industry. This year’s show will be held from August 17 – 20 in Las Vegas, Nevada in the United States. “251 Communications is…
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It’s just too hard to be a Republican
Most orthodox Libertarians just want the government to stay out of their life. That’s good Libertarian philosophy. Curiously though some seem to believe the government has a role to play in our bedroom Tomas Mega It was an early April day with temperatures approaching thirty degrees centigrade. That’s higher than it should be in the Mojave Desert for…
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New study reveals Ethiopian Customs & Revenue Authority most corrupt
Kiram Tadesse A new survey conducted by Selam Development Consultants, assisted by JGAM Donors in collaboration with the Federal Ethics and Anti Corruption Commission, revealed Ethiopia’s Customs and Revenue Authority as the most corrupt government office followed by the construction permit and land administration offices. Entitled “Perception of the Level of Corruption by Foreign Investors in Ethiopia”, the study, which…
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Exclusive Interview with Ambassador Chantal Hebberecht, Head of Delegation of the European Union (EU) to Ethiopia
The year 2014 marks the end of the 10th EDF (European Development Fund) and the beginning of the 11th EDF that is scheduled to last until 2020. The 11th EDF has already made available some €745 million for EU funded projects in Ethiopia, up from the €644 million initial budget made through the 10th EDF, and was eventually raised to…
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Investing in Resilience of Smallholder Farming ‘Essential’
Kalkidan Yibeltal AllAfrica – There are about 500 million smallholder family farms in the world today who are providing unto 80 percent of the food consumed by developing countries, according to Dr. Kanayo F. Nwaze, the President of the International Fund for Agricultural Development (IFAD). Dr. Nwaze stated this at the International Food Policy and Research Institute (IFPRI) 2020 Conference…
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Dazzling headlines, biting reality
Textile and garment industry in Ethiopia Tesfalem Waldyes, Special to Addis Standard Over the last six months news coming out of Ethiopia both by the local and international media is awash with tales of international giants heading to Ethiopia to establish either their own production plants or looking for sourcing. From Uniliver to H&M, to Tesco, Walmart and Primark, and…
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Court grants the police twenty eight more days in the case against Ethiopian journalists, bloggers
Detainees to be charged with Ethiopia’s infamous Anti-Terrorism proclamation Mahelt Fasil A court in Addis Abeba has today granted the police investigating the case of three independent journalists and six bloggers 28 more days to further investigate detainees. Of the nine journalists and bloggers under police custody the case for four members of the zone9 blog: Atinaf Berhane, Zelalem…
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Building Resilience Tops Agenda at Global Conference in Ethiopia
Poor countries and vulnerable people are facing a barrage of shocks: economic shocks such as volatile food prices and financial crises; environmental shocks and natural disasters such as droughts, floods, and earthquakes; food safety, diseases, and health shocks; and social and political shocks such as conflicts and violence that disrupt the food supply and threaten food and nutrition security. …
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New economic report on Africa reveals promising industrialization
Mahlet Fasil The 2014 edition of the Economic Commission for Africa flagship report was launched Monday in Addis Ababa, with the unanimous view that industrialization is crucial to Africa’s continued development. Aptly themed, “Dynamic Industrial Policy in Africa,” the Report outlines several key messages, including the crucial fact that “industrial policy in Africa is essential if we are to…
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