Month: January 2015

  • Africa

    Massive post-Ebola Marshal Plan is necessary: Oxfam International

    Oxfam International called for a multi-million dollar post-Ebola Marshall Plan to put the three West Africa countries hit by the crisis back on their feet. The agency said that the world cannot dither on putting the countries’ economies on an inclusive growth plan as it did on the Ebola response. Key to the success of any recovery package will be…

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  • Middle East

    Dubai International airport overtakes Heathrow as No. one in passenger numbers

    Dubai International has secured its position as the number one airport for international passenger numbers. Full year passenger numbers totaled 70,475,636, up 6.1 per cent from the 66,431,533 recorded in 2013. This followed robust passenger traffic growth of 7.5 per cent in December with 6,498,573 passengers passing through the facility compared to 6,047,126 recorded in the corresponding month last year.…

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  • Africa

    The AU summit and the stubborn agendas

    Stability, security, alternative sources of financing, the AU and Post MDG debate are high up in the Agenda but are the few Kalkidan Yibeltal The 24th Ordinary Assembly of Heads of State and Government opened this morning at the African Union Commission (AUC) Head Quarters here in Addis Abeba. By the looks of things, however, this is no ordinary meeting.…

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  • Africa

    Breaking – Ethiopia’s Electoral board decides on UDJ and AEUP fate

    The National Electoral Board of Ethiopia (NEBE) has today announced its decision on the leadership fate of two of the major opposition parties rocked by split: Union for Democracy and Justice (UDJ) and All Ethiopian Unity Party (AEUP).   Accordingly, the NEBE announced that it recognizes UDJ’s breakaway led by Tiguestu Awolu and said the party is now legitimate to…

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  • Africa

    African CSOs call for leaders to quickly act on UNECA’s Illicit Financial Flows new report

    As African leaders are meeting in Addis Ababa to discuss growing threats from extremist groups, instability, and poverty, Heads of State are urged to give priority to a growing threat to their economies: illicit financial flows. Tomorrow, AU Heads of State will review a report produced by the AU High Level Panel on Illicit Financial Flows, which has been chaired…

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  • The bookies and the British election

    By Chris Patten London – I used to be considered a pretty good forecaster of British and other countries’ elections. I was, after all, once a party chairman. I can now confess my method. It was not based on any novel political insight. I did not have a magic algorithm relating economic factors to voting intentions – though I do…

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  • Africa

    AU Summit to be held at a turning point

    The 24th Ordinary Session of the Assembly of Heads of State and Government of the African Union, to be held on January 30-31 arrives at a turning point as it coincides with the ending of the Millennium Development Goals and the onset of Agenda 2063, said Deputy Chair Person of the AUC, Erastus Mwencha. The Deputy Chairperson said elements of…

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  • Can Ethiopia’s resource wealth contribute to its Growth and Transformation?

    Photo: The World Bank Group Women artisanal miner in Ethiopia´s Benishangul-Gumaz Región.   • Ethiopia’s resource wealth can be a key driver of the country’s growth • A recent study of the mineral industry developed by the World Bank Group (WBG) and other development partners offers recommendations to help the country develop its unrealized geological potential • The WBG is…

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  • World News

    Tendering for Ethiopian rail project postponed

    The bidding process for a tender to construct a 280km railway from Semera east to the Djibouti port of Tadjourah on the north bank of the Gulf of Tadjourah has been postponed for a fifth time. Getachew Betru, CEO of Ethiopian Railways Corporation (ERC), says the tender was postponed because bidders had requested more time to prepare their technical and…

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  • Africa

    ECA Chief repeats call for debt cancellation to help Ebola-affected countries

    In a statement delivered at the opening of the 26th Ordinary Session of the African Union Executive Council on Monday Jan. 26th, Carlos Lopes, the Executive Secretary of the Economic Commission for Africa, (UNECA), called upon the International Financial Institutions to cancel external debts owed by Guinea, Liberia and Sierra Leone. The three countries have endured dramatic suffering as a…

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