Tag "ethiopia"

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Liya Kebede: Millionaire with a Heart

The people of rugged, landlocked Ethiopia do not lack in natural grace and beauty. Some of the best-known modern Ethiopians are phenomenal long distance runners. Another famous Ethiopian is supermodel, designer, maternal health advocate, multimillionaire, actress, social activist, and entrepreneur

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World Bank: International Food Prices Hit Four-Year Low

New World Bank Group tool focuses on preparedness for potential future crises. International prices of food decreased by 6 percent between April and August 2014, reaching a four-year low, according to the latest edition of Food Price Watch. This sharp decrease

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Africa Awakening: A Continent on the Rise

The time for Africa is now. The continent is rising to unexpected heights as wars have ended and humanitarian crises subsided. Afro-pessimism – the deeply-rooted notion that Africa was essentially without hope – has suddenly been replaced with almost boundless

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World Bank Group Commits US$ 5 Billion to Boost Electricity Generation in Six African Countries

The World Bank Group has committed $5 billion in new technical and financial support for energy projects in six African countries – Ethiopia, Ghana, Kenya, Liberia, Nigeria, and Tanzania—which have partnered with President Obama’s Power Africa initiative. Making the announcement on

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UN Concern over Job Creation for Youth in Least developed Nations

There should be a greater emphasis on job creation in the world’s 49 poorest nations, where the number of young people of working age is increasing by 16 million per year, says a new report released yesterday by the United

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Africa’s Changing Mediascape: Spreading the Word from China

A monumental shift is taking place in the world’s mediascape. As traditional news outlets such as CNN and the BBC see their operating budgets shrink and wither in response to lower revenues, new providers fill the vacuum and capture audiences.

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UN Economic Commission for Africa: Domestic Resource Mobilization in Africa

By Emmanuel Nnadozie, Chief Economist and Director, Economic Development and NEPAD Division (UN Economic Commission for Africa) A major challenge facing African countries is how to mobilize adequate, stable and predictable domestic resources to finance priority programmes and projects of

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LEX Africa: The Changing Face of Power in Africa

By Greg Nott, director at Werksmans Attorneys, South African member firm of Lex Africa No longer the “dark continent”, Africa is shedding light on investors’ quest for new sources of energy. Recent oil and gas finds, coupled with renewable energy

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African Union Summit Now to Take Place in Ethiopia

The African Union summit has been moved to the Ethiopian capital after Malawi refused to host the gathering. Malawi has blocked the attendance of Sudan’s President Omar Hassan al-Bashir, who is wanted by the International Criminal Court (ICC). The July

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WEF in Ethiopia: Shaping Africa’s Transformation

Addis Ababa, Ethiopia, 7 May 2012 – More than 700 leaders from business, government, civil society, academia, media and the arts from over 70 countries will meet at the 22nd World Economic Forum on Africa in Addis Ababa, Ethiopia, from 9

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