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Allana Potash Announces Positive Preliminary Economic Assessment on SOP Production at its Danakhil Potash Project

After-tax Net Present Value of US $1.6 billion; After-tax Internal Rate of Return of 39%; Total development capital expenditures including mining, processing facilities, port and logistics infrastructure (“CAPEX”) of US $787 million; Total operating expenditures (“OPEX”) (including production, sustaining capital, transportation/handling, port, loading costs) FOB on the Vessel of US $130 per tonne; PEA is based […]

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Going back to the salt mines

. Dallol of the Afar Regional State is considered to be the hottest inhabited place on earth with temperature regularly soaring above 37 degrees Celsius and  reaching a searing 50 degrees. The ground offers little relief from the hot air and sun’s rays: Dallol sits on an active volcano which is called Erta Ale. Standing […]

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27 February 2015 Development News Round-Up

. Israeli labour union threatens major strike ahead of election . By Ari Rabinovitch Feb 26 (Reuters)  JERUSALEM – – Israel Chemicals faces escalating labour and political reaction to it’s job cuts while it remains uncommitted to Ethiopian project   Israel’s main labour union threatened on Thursday to shut down a large part of the economy just days before a […]

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How does land tenure affect agricultural productivity? A systematic review

. By Steven Lawry – February 24, 2015 . Or the video if you prefer: – 50 minutes –  https://www.youtube.com/watch?v=1260YlE6aGM&feature=player_embedded . A lot of us who may come from the West assume that land rights certification, registration or titling are important attributes of any kind of land tenure or property rights system. We think of formal […]

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Can agricultural traders be trusted?

. Evidence from urban coffee markets in Ethiopia . Summary: . Traditional food marketing systems in developing countries are often not trusted. In consequence, policy makers frequently try to regulate them and modern market arrangements increasingly are emerging to address some of their presumed deficiencies. However, it is unclear how trustworthy these markets actually are […]

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Commerzbank testing the waters in Ethiopia

  Commerzbank is a leading international commercial bank with branches and offices in more than 50 countries BASED IN Germany. The core markets of Commerzbank are Germany and Poland. . Commerzbank finances more than 30 percent of Germany’s foreign trade and is the unchallenged leader in financing for SMEs. In total, Commerzbank boasts approximately 15 […]

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Reforming the African Growth and Opportunity Act to grow agriculture trade

. Joshua Meltzer | February 23, 2015 The importance of growing Africa’s agriculture exports The African Growth and Opportunity Act (AGOA), signed into law in 2000, is the key underpinning to U.S.-Africa trade and investment. AGOA has been extended and reauthorized on four occasions (2004, 2006, 2007, and 2012) with strong bipartisan support and is […]

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25 February 2015 Business Briefs

   . Construction of Awash- Hara Gebeya railway line launched . Addis Ababa February 25, 2015 – Construction of the Awash- Weldia- Hara Gebeya railway project, which is part of the railway system that will connect northern and north eastern part of the country with port of Tadjoura, officially launched today. Construction of the 370km […]

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Fun Facts A-Z About Ethiopia

Originally posted on Same Skies Above:
Addis Ababa – “New flower”. King Menelik II’s wife found a new flower growing where the Sheraton hotel now stands in the city, and coined the name of the city after the discovery. Birr – the well-used currency of Ethiopia. Wash your hands after handling. Castelli’s – Excellent Italian…

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Ethiopia Poised For Continued Growth

Feb. 23, 2015 Disclosure: The author has no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. (More…)The author wrote this article themselves, and it expresses their own opinions. The author is not receiving compensation for it (other than from Seeking Alpha). The author has no business […]

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