Archive for the ‘Business’ Category

ADDIS ABABA, December 3, 2009 -- The World Bank recently completed a second “Investment Climate Assessment” (ICA) report for Ethiopia.  The ICA looks at the state of the private sector and identifies actions that can reduce policy and other hurdles to helping the private sector become the driver of sustained growth.  The first ICA was based on a survey conducted in 2001/02 and this one ... Full story

Alemayehu G. Mariam, is an Ethiopian professor of political science at California State University, San Bernardino, and an attorney based in Los Angeles Ethiopia - Déjà vu: Much ado about an already won election! By Alemayehu G. Mariam | September 21, 2009 Déjà Vu: Here We Go Again With the Charade Last April, we commented that the whole business ... Full story

Seen here is Eleni Gabre-Madhin CEO of Ethiopian Commodity Exchange Photo PBS What's wrong with Ethiopia's exchange Wondwossen Mezlekia Published on September 21, 2009 The Economist magazine describes the Ethiopian government as "one of the most economically illiterate in the modern world." This portrayal, albeit contentious, is not without truth. But, the government's recent meddling in the ... Full story

Ethiopia - Birtukan, the Best Man in Ethiopian Politics! It is a borrowed expression. David Ben-Gurion, the first prime minister of the State of Israel, used to describe Golda Meir, Israel’s first female prime minister (1969-1974), “the best man in the government” and many called her the “Iron Lady” of Israeli politics. This was not without a reason. Golda Meir ... Full story

Ethiopian War Heroes honored in Washington DC, Committee announces plan to erect a monument in memory of the tens of thousands of the former armed forces who gave the ultimate in defense of Ethiopia’s unity Special Report by the North America organizing Committee to honor Ethiopian Heroes Washington D.C. Several hundred Ethiopians over ... Full story

Daniel W. Yohannes President Obama to nominate Ethiopian-American to head Millennium Challenge Corporation Source: The Whitehouse President Barack Obama announced his intent to nominate Daniel W. Yohannes , Chief Executive Officer, Millennium Challenge Corporation. Daniel W. Yohannes , Nominee for Chief Executive Officer, Millennium Challenge Corporation. Daniel W. Yohannes is President and CEO of M&R Investments, LLC, a privately-held investment firm specializing in real ... Full story

A model of one of Sunshine's future projects: supper-deluxe condominium apartment in Ethiopia's Capital - Reporter Sunshine Construction to build Ethiopia's first Marriott - Reporter The first Marriott hotel in Ethiopia is in the plans according to a report by Addis Ababa based Reporter newspaper. The paper said, Sunshine construction, one of the ... Full story

Ethiopia - Meles and Mengistu, sounding, acting and ending the same way !!! Tedla Asfaw The man who has been in power for almost two decades in Ethiopia, Meles Zenawi , seems to stay in power until he is forced out of power like his predecessor Mengistu Halilemariam. Meles Zenawi should thank Mengistu for handed him over millions of captive people who were terrorized and oppositions divided ... Full story

Dessie (September 17, 2009) - MIDROC-Ethiopia Group is planning to engage in the tourism sector in Lalibela town of North Wollo Zone of Amhara State. At a discussion held between the town administration and MIDROC representatives, MIDROC-Ethiopia projects and business administration manager, Nigussie Abera said MIDROC has established 41 companies and created jobs for thousands of citzens. He said the company eye at engaging in tourism sector ... Full story

ADDIS ABABA (Daily Nation) — Ethiopia’s government ruling tribal junta has defended its plan to offer 2.7 million hectares of farmland to foreign companies despite millions of citizens who need food aid from the international community. According to Ethiopia’s Agriculture Ministry officials, the country delineated around 2.7 million hectares of land, available for foreign companies from Middle East and East Asia countries. The government will hand over ... Full story