IMF Press Release No. 15/445 September 30, 2015On September 21, 2015, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation1 with Ethiopia.Ethiopia’s recent macroeconomic performance has continued to be strong overall, though with some rising domestic and external vulnerabilities. Economic growth in 2014/15 was buoyant (at an estimated 8.7 percent), supported by booming…
NYTimes CAMBRIDGE, Mass. — On the Blue Nile in Ethiopia, construction is underway on a public works project of gigantic physical proportions and exquisite political delicacy. The Grand Ethiopian Renaissance Dam, now about halfway finished, amounts to a test: With water becoming precious enough to be the stuff of war, can nations find ways to…
By Karen AllenSouthern Africa correspondent, BBC News BBC Image copyright AP It wasn’t so much a collective sigh of relief when President Salva Kiir finally signed the peace deal this week. It was more a sense of “let’s see” as the US issued a warning that it would “hold to account” any of the…
In 1954 Emperor Haile Selassie of Ethiopia became the first foreign head of state to visit the Federal Republic of Germany. His visit brought a breath of the exotic to provincial Bonn, then the provisional capital. …
BBC Signs of an economic slowdown in China have led to fears of a global recession, including Africa, given the close ties it has built up with China in recent years. BBC Africa Business Report’s Lerato Mbele looks at five ways the continent could be affected: The rand South Africa’s currency has taken the hardest…
The Guardian The radicals are pressing for a French Revolution-style solution – a mass execution of the aristocracy Addis Ababa, December 1974: Ethiopia’s Derg leaders, who deposed emperor Haile Selassie in September 1974. Photograph: J. M. Blin/AFP/Getty Images David Ottaway Addis Ababa, August 23 They are crowded into three long army barracks, sleeping on…
Huffington Post Twenty years ago one Ethiopian Diaspora in Washington asked the late Prime minister Meles Zenawi what his vision for the country was. A rather polite and amiable Meles outlined his vision in a very human centered way. He said he hopes that in ten years every Ethiopian will have enough to eat three…
By Adie Vanessa Offiong /Daily Trust Ethiopia’s first mosque undergoing restoration Ethiopia is a country full of history and stories. These stories connect the ancient civilisation to several other destinations across the world. One such is its link with Islam and Mecca. Ethiopians, according to the tour guide, Temesgen Bitewlign, were very receptive of Muslims…
JPost Jews of Kechene, Ethiopia pretend to be Christians as they secretly practice Judaism in remote synagogues. Elders of theBeta Israel community of North Shewa, Ethiopia . (photo credit:Courtesy) I have always been fascinated by the story of the Beta Israel Jews of Ethiopia. At the time of the epic Operation Solomon, I was living…
HRW Leaked Documents Show Need to Regulate Surveillance Sales Internet café in Lalibela, Amhara Region, Ethiopia.© 2010 Hemis.fr/AFP Photo (New York, August 13, 2015) – The Italian spyware firm Hacking Team took no effective action to investigate or stop reported abuses of its technology by the Ethiopian government against dissidents, Human Rights Watch said today. A…