Via Semafor, a look at the Russian automaker plans to enter the Ethiopian market, injecting vitality into Russian/Ethiopian economic ties: The Russian carmaker Lada has become the latest in a growing list of international automakers preparing to enter Ethiopia’s fledgling automotive market which has one of the world’s lowest car ownership rates. Under a partnership […]
Read more »Via National Interest, commentary on how a rollercoaster of political instability in Ethiopia and Sudan threatens to fracture the Horn of Africa, which would carry profound implications for the international economic corridor along the Red Sea, impacting the Middle East and Europe: The Horn of Africa has long been synonymous with instability and insecurity, and […]
Read more »Via Eurasia Review, commentary on how some Horn Of Africa states are crowdfunding development projects: Developmental projects such as rail and road building, port building, bridge building, airport building, industrial projects, and others in developing countries are mostly financed through either grants/aid from developed countries or financed through traditional financing (banks, both Islamic and non-Islamic). […]
Read more »Courtesy of The Africa Report, an article on new additions to Africa’s Green Hydrogen Alliance: Ethiopia and Angola will be announced as new members of the Africa Green Hydrogen Alliance (AGHA) at the Africa Climate Summit in Nairobi from 4-6 September, Jonas Moberg, CEO of the Global Green Hydrogen Organisation, tells The Africa Report. The […]
Read more »Via Bloomberg, a report on Kenya’s reactivation of plan to build a railway line to Ethiopia: Kenya plans to begin construction in 2025 of a $13.8 billion high-speed electric railway from its Indian Ocean port of Lamu to Ethiopia and South Sudan. The 3,000-kilometer (1,864-mile) standard-gauge railway will link the new port to the central […]
Read more »Courtesy of Bloomberg, a report on BRICS expansion: Major emerging market nations invited top oil exporter Saudi Arabia, Iran, Egypt, Argentina, Ethiopia and the United Arab Emirates to join their bloc in a push to expand its global influence. Leaders from Brazil, Russia, India, China and South Africa agreed to enlarge their BRICS group from Jan. 1 at a summit held in Johannesburg, […]
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