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. In GTP I, the government had planned to generate one billion dollars from textile exports. However, it has earned 427 million dollars in the entire GTP I period, including three quarters of this fiscal year. It was in 1939, during Ethiopia’s brief occupation by Italy that the first garment factory was established. Since then, […]

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Turning Ethiopia’s desert green

Originally posted on Nick Robson's Blog:
A generation ago Ethiopia’s Tigray province was stricken by a famine that shocked the world. Today, as Chris Haslam reports, local people are using ancient techniques to turn part of the desert green. In the pink-streaked twilight, a river of humanity is flowing across Tigray’s dusty Hawzien plain.…

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Allana Potash held talks with Chinese construction giant before ICL deal

Originally posted on Financial Post:
TORONTO — China’s largest construction company was in talks to buy a controlling stake in Allana Potash Corp. that was worth more than the takeover bid the junior miner eventually accepted. The Financial Post received a copy of a memorandum of understanding (MOU) between Allana and state-owned China Communications Construction…

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Ethiopia heading towards a political crossroad – as Spain did in the 1960s

Originally posted on African Electric Territorialities:
I recently published this about the Ethiopian political dilemma between developmentalism and authoritarianism. The article appeared on the ENTITLE blog, and establishes a few parallelisms between today’s Ethiopia and 1960-70s Spain under Franco. The article starts as follows: On May 24 Ethiopia will celebrate its fifth parliamentary elections. A defeat of…

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18 April 2015 News Round-Up

 . Government drafts cement industry development strategy . . 18 April 2015 Written by  Kaleyesus Bekele . The Ministry of Industry is drafting a national cement industry development strategy that will enable it to assist the fast growth of the industry.  State minister of Industry, Mebrahtu Meles (PhD), told The Reporter that his ministry in […]

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15 April 2015 Ethiopian Development News Briefs

  . Disease Detection Gets A Boost With Plans For A CDC In Africa . Jim Burress – April 14, 2015 . Secretary of State John Kerry and African Union Commission Chairperson Nkosazana Dlamini Zuma signed an agreement Monday to establish the first Centers for Disease Control and Prevention in Africa. The U.S. will provide […]

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Africa’s Next Hegemon

  Behind Ethiopia’s Power Plays By Harry Verhoeven . HARRY VERHOEVEN is Post-doctoral Research Fellow at the University of Oxford. April 12, 2015 . Construction workers in a section of Ethiopia’s Grand Renaissance Dam, March 31, 2015. . In 1991, as the Cold War drew to an end, the only African country that had never […]

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South Boulder Mines produces high purity potassium sulphate

. Continuing to show Allana Potash how it’s done at half the float (and no sellout), while the market rewards results. . Tuesday, April 14, 2015 by Proactive Investors South Boulder Mines pilot tests conducted for the Colluli SOP project Definitive Feasibility Study have produced ultra-high purity potassium sulphate grades. South Boulder Mines (ASX:STB) pilot tests […]

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Renew the African Growth and Opportunity Act

Udunopa B. Abalu April 11, 2015 The U.S. Congress should revise and renew the African Growth and Opportunity Act (AGOA) before it expires on Sept. 30. AGOA has been encouraging export-led growth and improving economic development in sub-Saharan Africa since 2000. Now is the time to extend preferential market access to sub-Saharan Africa’s agricultural products—the […]

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13 April 2015 Business News Briefs

. IFC Supports Rural Employment in Ethiopia with Investment in Afriflora In Washington DC: Elizabeth Price Phone: (202) 458-0387 E-mail: eprice@ifc.org In Nairobi: Neha Sud Phone: +254 202937403 E-mail: nsud@ifc.org . Washington DC, April 13, 2015 — IFC, a member of the World Bank Group, will lend up to €90 million to support Afriflora Group, […]

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