Category: Markets
Ethiopia: The largest recipients of Chinese aid in Africa
Nairobi November, 19.2014. (HAN) Public diplomacy and Regional Financial investment news. China’s “no strings attached” aid is being abused by African leaders who channel the lion’s share of funds to their home areas, U.S.-led researchers found in the first geo-referenced database of Chinese aid to the world’s poorest continent. China is a favoured donor for many…
Ethiopia: ZTE Corp is at risked losing part of its deal worth $800 million
Addis Ababa November, 19.2014. (HAN) Public diplomacy and Regional Financial investment news. Ethiopia has told Chinese telecoms firm ZTE Corp it risked losing part of its deal worth $800 million to expand the nation’s network because of differences over costs of upgrading existing systems, an Ethiopian minister and executive said. The deal last year with…
Kenya: Businesswoman of the Year!
Nairobi November, 19.2014. (HAN) Public diplomacy and Regional Financial investment news. Breweries founder and CEO Tabitha Karanja has been named the Businesswoman of the Year in the CNBC Africa All Africa Business Leaders Awards (AABLAs).The awards presented by Johnnie Walker Blue Label were announced at the Sandton Convention Centre in Johannesburg, South Africa. The award…
Africa: 55 African billionaires with a net worth totaling $161.7 billion
Nigeria (HAN) November 12, 2014 – Public diplomacy and Regional Financial investment news. The Richest People in Africa list remains the most comprehensive compilation of the continent’s wealthiest individuals. In 2014, we counted 55 African billionaires with a net worth totalling $161.7 billion, a 12.4 percent rise from $143.8 billion in 2013. This year Africa welcomed…
ETHIOPIA: World Travel Market Exhibition in London
London (HAN) November 12, 2014 – Public diplomacy and Regional Financial investment news. Ethiopia participated in the World Travel Market exhibition in London last week (November 3-6). An opening ceremony was held at the Ethiopian stand by Ethiopia’s Ambassador to the UK, Ambassador Berhanu Kebede, the, Director General of the Ethiopian Tourism organization, Solomon Tadesse, and…
Ethiopia: Welcome to The Flying restaurant
Addis Ababa (HAN) November 9, 2014 – Public diplomacy and Regional Financial investment news. Airlines-owned property – a Boeing 737 aircraft – has been sold and turned into a hotel and restaurant business here. Guttama Gutta, the owner of the new aircraft hotel, told The Reporter that he invested some 30 million birr for the…
Africa: The fifth annual Global Entrepreneurship Summit
Addis Ababa (HAN) November 9, 2014 – Public diplomacy and Regional Financial investment news. The world has taken notice of the entrepreneurial spirit of Africans and how this is helping economies across the continent record impressive growth. This is why the largest gathering of global entrepreneurs will be hosted in Morocco this November. The fifth…
Ethiopia: A top tourist destination by 2020
Addis Ababa (HAN) November 9, 2014. Public Diplomacy and Regional Tourism Security and safety news. According to Expert Analysis, Dr. Ray Muntida, advisor to the IGAD Sustainable Tourism Master Plan (ISTMP) says that Ethiopia will be one of the top five tourist destination countries in Africa if it properly implements its Sustainable Tourism Master Plan…
Ethiopia: 'B' rating by Fitch To debut Eurobond
Addis Ababa (HAN) November 7, 2014 – Public diplomacy and Regional Financial investment news. Ethiopia announces plans to issue Eurobond to interest foreign investors to the country. Ethiopia, which has previously said it was considering issuing a Eurobond, was awarded a ‘B’ rating by Fitch on Friday with a stable outlook. Kenya, which plans a…
Somaliland: Netherlands' High Level Aid Coordination Forum
Hargeisa (HAN) November 6, 2014 – Public diplomacy and Regional Security and safety news. Both Netherlands and Somaliland government have recommitted to prevailing cooperation and partnership on diplomatic and development among other sectors. According to Geeska Afrika Online reporter, Netherlands joined officaily Somaliland Development Fund (SDF) for regional infrastructure and energy sector investments. Ambassador Joost Reintjes…
