Ethiopia on Saturday officially opened the Gibe 3 hydroelectric dam, which is among the biggest in Africa, despite concerns by environmentalists about its impact downstream and upon neighboring countries.
Ethiopia and Djibouti have launched the first fully electrified cross-border railway line in Africa.
African leaders signed Wednesday a 26-nation free trade pact to create a common market that would span half the continent from Cairo to Cape Town.
Ethiopia is seeking to create a secondary market for local currency Treasury bonds, possibly in a year or so, a move seen as a cautious step towards liberalizing one of Africa’s fastest growing economies.
Dangote Cement, the cement producer controlled by Aliko Dangote, Africa’s richest man, has commissioned a $500 million cement plant in Ethiopia.
Nowhere in Africa is modern China more of a lodestar than in Ethiopia, which on May 24th held an uneventful election with a predetermined outcome: another term in office for the long-standing ruling party.
Millions of Ethiopians cast their votes on Sunday, May 24th, in the country’s fifth general elections. The general elections consist of both national and regional elections.
Three African leaders have signed an initial deal to end a long-running dispute over the sharing of Nile waters and the building of Africa’s biggest hydroelectric dam, in Ethiopia.
Chinese workers mingle with Ethiopians putting the finishing touches to a metro line that cuts through Addis Ababa, one of a series of grand state infrastructure projects that Ethiopia hopes will help it mimic Asia’s industrial rise.