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01 October 2014 Economic News

. Ethiopia seeks Turkish government support for railway fund . By Beyene Geda . Ethiopia has requested support from the Turkish government to press for the release of a $700 million loan that the Turkish EXIM Bank pledged to finance the construction of the African country’s Awash-Woldia railway project.The 389km railway line will connect northern […]

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26 Sept 2014 News Round-Up

. Prime Minister Hailemariam holds talks with President Obama . . Prime Minister Hailemariam Desalegn and President Barack Obama held bilateral talks on the sidelines of the 69th Session of the UN General Assembly on Thursday in New York. Discussions covered issues related to the cooperative partnership of the two countries in various spheres of […]

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22 Sept 2014 Business News

. The Ethiopian Delegation in Canada Met With Senior Management Officials of Allana Potash . The Ethiopian delegation in Canada for the Canada Africa Summit met last week, on Monday (September 15), with senior management officials of the Allana Potash Corp. in Toronto. KassaTekle-Berhan, Speaker of Ethiopia’s House of Federation; Alemayehu Tegenu, Minister of Water, […]

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20 Sept 2014 News Briefs

Boeing, Ethiopian Airlines Announce Order for 20 737 MAX 8s . – Order is the largest single Boeing order by number of airplanes from an African carrier CHICAGO, Sept. 20, 2014 /PRNewswire/ — Boeing [NYSE: BA] and Ethiopian Airlines today announced an order for 20 737 MAX 8s. The order, previously unidentified on the Boeing Orders […]

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18 Sept 2014 News Round-Up

. Ethiopian delegation in Toronto meets founder of Legendary MegaCorp The Ethiopian delegation met with Hector Reyes, Founder of Legendary MegaCorp on Tuesday (September 16) in Toronto, on the sidelines of Canada-Africa Business Summit and Ethio-Canada Business and Investment Forum. The Legendary MegaCorp, based in the United States, is a global development firm focusing on […]

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Agriculture in Africa: Less Talk, More Action

FTF’s Jim Barnhart (above, far left) visits Ethiopia’s first fertilizer blending factory, operated by a local cooperative union. . September 16, 2014 By Jim Barnhart, Deputy Assistant to the Administrator, USAID Bureau for Food Security | Feed the Future | Blog . I recently traveled to Ethiopia for the African Green Revolution Forum, which brings […]

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leather

Ethiopian leather shoes finding markets across the world, but there is little to show for it

. By ANDUALEM SISAY GESSESSETuesday, September 16  2014 . In Summary Though Ethiopia’s leather industry has been facing challenges such as power shortages, logistics and contrabands. The fact that some of the export quality producers are focusing on the local market is also a major challenge for the government’s vision of generating $500 million from the […]

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busnews

16 Sept Business News

. Ethio-Canada business summit opens in Toronto . Alongside the first Canada-Africa 2014 Business Summit, the Ethio-Canada Business and Investment Summit also opened on Monday in Toronto. This four-day meeting is co-organized by Wafa Marketing and Promotion PLC, the Ethiopian Embassy in Canada and Ethiopian Chamber of Commerce and Sectoral Associations in collaboration with the […]

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potato

Potatoes are nuggets to save Ethiopia as Ireland shares years of expertise

Spuds are nutritious and hardy, and a research centre collaboration is helping defeat hunger in Africa Gebremedhin Woldegiorgis, senior potato researcher at the Ethiopian Institute of Agricultural Research, and Denis Griffen, potato breeder at Teagas, inspect potato plants at the Teagasc Research Centre in Oakpark, Carlow.   photograph: Dylan Vaughan . By Leonie Corcoran First published: […]

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13 Sept 2014 News Round-Up

. Allana Potash Continues To Drift Amidst Ag Malaise   Stephen Simpson, CFA Sep. 12, 2014                                                   . Summary Allana shares continue to drift lower, despite a strong and engaged strategic partner in Israel Chemicals. If efforts to increase royalties and taxes on resources produced in Israel stick, Allana’s Ethiopian Danakhil project may become even more […]

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