Regrettably, natural resource gifted continent in the world is also home to a staggering level of poverty and corruption
It is a widely held belief both by economists and policy makers that extractive resources worldwide have dictated to a wider extent economic policies and outcomes of countries endowed by them. According to a 2002 World Bank report on mining in developing countries, extractive resources are the decisive economic factors to almost half of the world’s population.
Mercifully, Addis Ababa has avoided having slums in many of its neighbourhoods; but that may be only so far
In 2004-5, residents of Addis Ababa city woke up to a pleasing news when they were asked to register in their respective Kebeles for a new housing scheme that since then has come to be popularly known as condominium housing projects. For a city, which, by some conservative estimates, has 80% of its residents living under housing conditions that are not considered decent, the news that the government plans to build thousands of condominium houses for low income families was indeed a big one. Some people had their doubts about and voiced their concerns on whether such initiatives were not meant to win voters’ favour for an upcoming national election scheduled to take place in less than one year after the announcement of the program. Others dubbed it too ambitions.
Soon Ethiopia will explode with the electric sounds of Jano, a rock band of young, talented and passionate Ethiopians
Setting the trend for the Jano sound is a new synthesis which injects Ethiopian music into the genre of rock to create hot and harmoniously wild sounding of Ethiopian rock. Behind it is Jano, a band consisting two female vocalists, two male lead vocalists and six musicians who play bass guitar, rhythm guitar, lead guitar, keyboards and a drum. The two things the players have in common is that all of them are in their twenties and all share a single dream – to become the first international rock phenomena from Ethiopia.