Year: 2014
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The rebirth of Egypt
ByMerit Al-Sayed, Mark Esposito, and Terence Tse CAIRO – If macroeconomic indicators are to be believed, Egypt’s economic growth has ground almost to a halt over the past three years. Inflows of foreign direct investment have dried up, and GDP growth rates have plummeted from as high as 7% in 2008 and 2009 to merely 2% in 2013. But are…
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Leading African Infrastructure firm Black Rhino to meet with international stakeholders at Powering Africa: Ethiopia 2014
Founder and CEO of Black Rhino, Brian Herlihy, will attend and speak at the 3rd annual investment meeting Powering Africa: Ethiopia, taking place from 20-21st November in Addis Abeba. Black Rhino is comprised of finance and development experts including Managing Director Mimi Alemayehou, previously the Vice President of OPIC. Following the company’s recent merger with global asset management firm Blackstone,…
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Emirates to grow African operations by 40% in coming decade
Emirates is placing a strategic focus on Africa in the coming decade by increasing operations by over 40%, says Tim Clark, President of Emirates Airline. Speaking at the Africa Global Business Forum held in Dubai on 1 – 2 October, Clark said that Africa has been a great growth story for Emirates. “Today, Emirates fleet investment in Africa tops…
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Devex partnerships forum: bridging the global-local gap in Addis Abeba
Global development is going local — what will that look like a decade from now? The message from Ethiopia this week is that the answer will hinge on a new vision of partnership, guided by clear strategy and increasingly allied with a poverty-conscious private sector. “The ground beneath our feet is shifting,” Devex President and Editor-in-Chief Raj Kumar told…
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Rotary announces US$2 million in grants to fight polio in Ethiopia
In advance of the Oct. 24 observance of World Polio Day 2014, Rotary announces US$2 million in grants to combat polio in Ethiopia. The funds – part of Rotary’s broader contribution of $44.7 million to end the paralyzing disease worldwide – will be used by UNICEF to support high quality polio immunization campaigns. For the second year in a row,…
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Cleaning Addis Abeba: It is a Sisyphean task
More than 10, 000 street cleaners are scrambling to clean a city that produces 200,000 tons of waste annually; but their job is a Sisyphean task Kalikidan Yibeltal In one uncharacteristically dry late morning in July of this year, three women with straw hats, waterproof safety jackets and plastic boots walk at their own speed alongside Roosevelt Avenue at the…
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Global aid workers and development professionals gathered in Addis Abeba
Devex, the media platform that connects aid workers and development professionals around the world, will host its largest regional event, the International Development Partnerships and Career Forum, in Addis Abeba, Ethiopia from October 21- 22. According to Devex, development aid is increasingly being directed locally: more decisions are made locally and more projects are implemented by local organizations and professionals.…
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The end of Ebola
By Abdul Tejan-Cole DAKAR – The Ebola epidemic is threatening not only West Africans’ lives, but also the progress toward democracy, economic growth, and social integration that Liberia, Sierra Leone, and Guinea have made in the last decade. In order to protect their achievements, the three countries’ governments, which comprise the Mano River Union, must buttress their response to the…
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The third annual AWiB event to celebrate outstanding female Ethiopian leaders
The Association of Women in Business (AWiB) hosted a press conference to showcase the upcoming 2014 Women of Excellence Annual Dinner and Gala. The press conference was held on October 7, 2014 at Saro-Maria Hotel and gathered participants from the private and government media organizations, AWiB leadership as well as the 2013 WOE Sara Mohammed – Owner & Managing Director…
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Emirates announces new sets of discount for Ethiopian travelers
Emirates, a global connector of people and places, is offering Ethiopian travellers up to 25% discount on Business Class and Economy Class fares to selected and exciting destinations around the world. The special fares will apply when booked between October 13th and October 21st 2014 for travel period starting October 13th 2014 until March 31st, 2015. A return Economy Class…
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