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Ethiopia says electric coverage reaches 47 per cent

May 29th, 2012 | Posted by teferi in News - (Comments Off)

  Ethiopia has raised its coverage to 2,140 megawatts (MW) from 370MW two decades ago, ensuring that 47 percent of the country is covered. The Horn of Africa nation has embarked on a multi-billion dollar power investment to generate about 10,000MW of power in the next four years. “The number of electrified towns and rural …
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US President Barack Obama has announced a $3 billion plan to help boost food production and food security in Africa. The investments to fund the plan are coming from 45 companies. The plan, will first start in three African countries – Ghana, Tanzania and Ethiopia. Barack Obama unveiled the plan at a symposium on global …
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PM Meles says Ethiopia offers ample investment opportunities

May 29th, 2012 | Posted by teferi in News - (Comments Off)

Prime Minister Meles   Zenawi said on Wednesday Ethiopia offers ample investment opportunities to   foreign investors.Meles made the remark while addressing the Ethiopian Investment Summit   that took place in Addis Ababa preceding the World Economic Forum on Africa   to be opened on Thursday. The Summit brought together more than 300 business executives from   Ethiopia, global corporations …
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The Female “Army” Leading Ethiopia’s Health Revolution

May 29th, 2012 | Posted by teferi in News - (Comments Off)

A fleet of 35,000 frontline extension workers and their “model” families are helping carry out Ethiopia’s mission to provide universal access to basic health services and are empowering communities to take charge of their own health from the grassroots. Ethiopia, Africa’s second most populous nation, is also overwhelmingly rural. Bucking the global trend of mass migration …
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The World Economic Forum for Africa meets in Addis Ababa

May 14th, 2012 | Posted by teferi in News - (Comments Off)

World Economic Forum Meeting in Addis Ababa The 22nd World Economic Forum for Africa 2012 officially opened yesterday in Addis Ababa with its 1st Plenary Session in presence of Heads of State and Government, and eminent international personalities, civil society, academic and media personalities and hundreds of business leaders. The forum, May 9th to 11th, …
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Ethiopia’s industrial web, stitch by stitch

May 14th, 2012 | Posted by teferi in News - (Comments Off)

  Ethiopia is taking advantage of rising wages in Asia, and its own natural advantages in agriculture and cattle-raising, to build a light-industry base that is being kickstarted by foreign investment. Saygin Dima Textile Share Company, a joint venture between Turkish company Saygin and Ethiopia’s Privatisation and Public Enterprises Supervising Agency, began operations at its …
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African Potential – It’s Time to ‘Grow Africa’

May 14th, 2012 | Posted by teferi in News - (Comments Off)

Geneva — A quarter of a century ago, Africa was seen as a land of famine. And while much has improved, hunger crises continue to haunt the continent, emerging most recently in the Sahel region and East Africa. As global food prices have spiked repeatedly over the past five years, the resulting rise in hunger, …
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I’ve made many trips to Africa, but my recent visit to Ethiopia was definitely one of the most exciting. With effective governance and coordinated support from our foundation and other donors, the advances I saw in health and agriculture may be the key to unleashing Ethiopia’s potential and that of other African countries. Ethiopia is …
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Ethiopia: Africa is a continent of opportunities

May 8th, 2012 | Posted by teferi in News - (Comments Off)

  Africa’s bright future In January, I was at the World Economic Forum in Davos as a Global Shaper representing Ethiopia and the Addis Hub. This meant a very rare and unique opportunity to meet and share experiences with amazing young people from all corners of the world, with impeccable achievements ranging from leading corporations …
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Ethiopia to overtake Kenya in mobile subscriptions numbers

May 7th, 2012 | Posted by teferi in News - (Comments Off)

KENYA  will lose its position as the country with the biggest percentage of mobile phone subscribers in the East African region to Ethiopia by 2014. “Even though Kenya remains the largest mobile market — with about 28 million mobile subscribers in the first quarter of 2012 — the country’s share of mobile users declined from 34 …
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