Category: Markets
Somaliland: US congressman described the decision as "catastrophic"
Hargeisa (HAN) February 7, 2015 – Public diplomacy and Financial Hawala Concerns news. The U.S. fears that the Hawala Finacial funds are being channelled to Al-Shabaab militant supporters in Somaliland, Somalia and Kenya. The officials from The Merchants Bank of California said they could not meet the U.S. regulators’ requirements and would have to close their…
Djibouti: Joint Ministerial meeting with Ethiopia opened in Djibouti
Djibouti (HAN) February 5, 2015 – Public diplomacy and Regional security News. The upcoming economic integration of Ethiopia and Djibouti would provide the best model for the Horn of African regional economic integration without Eritrea. The three committees are, the political and security committee, the trade and economic committee and the port and transport committee.…
Ethiopia: Mobile Money schemes for Bankers
Addis Ababa (HAN) February 5, 2015 – Public diplomacy and National Infrastructure News. By Edmund Blair “Ethiopia launches mobile money schemes to extend banking reach” . Ethiopian banks and microfinance firms are launching mobile money services, helping reach swathes of the population that now have little access to branches or services, the mobile technology providers and…
Ethiopia linking Addis Ababa with the Red Sea States
Addis Ababa (HAN) January 29, 2015- Public diplomacy and Regional Infrastructure projects news. The Federal Government of Ethiopia, has posted high economic growth rates over the past five years and hopes to exploit growing business ties with China, India and Turkey to boost its expanding economy. The Chinese Export & Import Bank provided a 2.3…
Ethiopia: Turkish investors can help benefit from quota and tariff free access to US and EU market
Addis Ababa (HAN) January 23, 2015- Public diplomacy and Regional Future Financial Investment News. President Erdogan said , Turkey cherishes win-win principle in its relation with Africa and places high importance to technology transfer along with trade and investment to Ethiopia from Turkey. Prime Minister Hailemariam said, Ethiopia is making huge investment in physical infrastructure and…
Ethiopia: The recent default scenario worries lending institutions
New York (HAN) January 21, 2015- Expert Analysis, Your Power & Regional Influence Magazine, opinion page by Seid Hassan (Professor of Economics at Murray State University), Minga Negash is Professor of Accounting at Metropolitan State University and the University of the Witwatersrand, Tesfaye T. Lemma is Associate Professor of Accounting and Finance at the University…
Ethiopia will Host the 3rd International ‘Financing for Development’ Conference
Addis Ababa (HAN) January 18, 2015- Public diplomacy and Regional Future Financial Investment News. The third ‘Financing for Development’ is expected to bring up to 5,000 participants to Ethiopia. first ‘Financing for Development’ conference was held in Montreal while the second one was held in Doha. The US delegation met officials in the AU and…
Somali: Vickers spoke with Nuruddin Farah on how he keeps Somalia alive
Khartoum (HAN) January 15, 2015 – Public diplomacy and African writers news. Nuruddin Farah is a prominent Somali and African writer. Nuruddin is the author of over 10 books. Today still, Nuruddin Farah is considered one of the most important writers in Africa According to Geeska Afrika Online Editor, Nuruddin Farah is often cited by other…
Eritrea Invested to Double Electric Power Supply
Asmara (HAN) January 11, 2015 – Public diplomacy and Regional Infrastructure Investment news. New Electric engines will account for approximately 73% of Eritrea’s total power supply. Qingdaohaixi Marine Diesel Co., Ltd. (QMD) and EPC contractor Shanghai Marine Diesel Engine Research Institute recently signed a contract to supply Eritrea with two MAN B&W 12K60MC-S low-speed engines that…
Ethiopia: Cargo Plane Crashed “skidded the runway”
Addis Ababa (HAN) January 11, 2015 – Public diplomacy and Regional Aviation Security and safety news. The Ethiopian Airline Cargo with its dedicated freighter network, serves more than 20 destinations in Africa via Addis Ababa and the new hub in Lome, Togo, West Africa. Bad News: Ethiopian Airways cargo plane from traveling from Lome, Togo to neighboring…
