Category: Markets
Demand Rises for Teff, Other 'New' Alternatives to Wheat
IDAHO (HAN) November 1,2015. Public Diplomacy and Regional Security News. Wayne Carlson became a convert to Ethiopia’s staple grain while doing public health work in Africa in the mid-1970s. Teff flour is the key ingredient for injera, Ethiopia’s signature, spongy flatbread. It has a mild, nutty or earthy taste. In the late 1970s, Carlson returned to…
Ethiopia: KFC to open outlets in Addis Ababa
ADDIS ABABA (HAN) October 31, 2015 – Public Diplomacy and Regional food Security Initiatives News. By Kaleyesus Bekele. The global fast food chain, Kentucky Fried Chicken (KFC), is going to open fast food restaurants in Addis Ababa next year, it was learnt. A source close to the company told The Reporter that KFC is under preparation…
Ethiopia: Fifty Percent Increase in Electricity Tariff Looms
ADDIS ABABA (HAN) October 31, 2015 – Public Diplomacy and Regional food Security Initiatives News. By Birhanu Fikade. Pressured by the existingcosts, the government is set to take a bold step and increase the existing tariffs with a possible 50 percent increase. Industries are expressing concerns against the intended increment. During a panel discussion at the Ethiopia…
The Economist focused on shaping Ethiopia's future
ADDIS ABABA (HAN) October 29, 2015 – Public Diplomacy and Regional food Security Initiatives News. The Economist has organized the first summit for economists, policy makers and academia in Addis Ababa, Ethiopia. The two days forum will provide a platform for dialogue and networking for improving large or small businesses. CCTV’s Girum Chala reports
Ethiopia: Black Rhino Looks at Renewable Power Investments in Ethiopia
Addis Ababa (HAN) October 28, 2015 – Public Diplomacy and Regional food Security Initiatives News. By Aaron Maasho. Black Rhino, owned by funds of U.S. investment company Blackstone Group, said on Wednesday it was looking at investments in Ethiopia’s power generation sector. A foray into the country’s power industry would be Black Rhino’s second large-scale infrastructure…
The Economist Ethiopia Summit kicks off in Addis Ababa
ADDIS ABABA (HAN) October 28, 2015 – Public Diplomacy and Regional food Security Initiatives News. The Economist Ethiopian Summit’ under the theme “Driving Continued Growth” Kicks off in Addis Ababa, with the attendance of more than 300 participants including senior government officials, industry and business leaders, Policy makers and company executives, today October 28, 2015. Prime Minister Hailemariam…
Kenya's Imperial Bank Lost $335M in Fraudulent Deals
NAIROBI (HAN) October 28, 2015 – Public Diplomacy and Regional food Security Initiatives News. By Duncan Miriri Fraudulent withdrawals and other illegal transactions at Imperial Bank amounted to more than 34 billion shillings ($335 million) over a period of 13 years, the bank’s receiver said in a lawsuit filed at court. Kenya’s central bank ordered privately-owned…
Ethiopian Vies For More Destinations in US, China
Addis Ababa (HAN) October 27, 2015 – Public Diplomacy and Regional food Security Initiatives News. By Kaleyesus Bekele. Ethiopian Airlines is planning to open new routes to New York – third destination in the United States – and Chengdu City in mainland China. Ethiopian has been flying to Washington DC since 1998 and added second destination in…
Ethiopia: Spacecom to launch an almost-free internet from space to Africa
Addis Ababa (HAN) October 27, 2015 – Public Diplomacy and Regional food Security Initiatives News. By Yemane Nagish. The Israeli company signs contract with Facebook. Spacecom Satellite Communications Ltd, an Israeli satellite company, plans to provide internet access for Sub-Saharan African countries from space. Amir Carmelli, Spacecom’s head of sales for Africa told African journalists, including The Reporter,…
Ethiopia: ICL embarks on Potash Project
Addis Ababa (HAN) October 27, 2015 – Public Diplomacy and Regional food Security Initiatives News. By Kaleyesus Bekele. The Israeli chemical giant, ICL, has embarked on potash mine development project in the Afar Regional State, in Dallol region. ICL took over the potash mine in the Dallol depression from the Canadian company, Allana Potash. Initially, ICL…
