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AFRICANGLOBE - Ethiopia has grand ambitions for its auto industry, seeking to transform a handful of assemblers that bolt together imported kits into a network of factories that can make the country Africa's biggest car manufacturer over the next two decades. It is part of a vision to turn the nation in the Horn of Africa into an industrial centre that no longer relies on fickle weather patterns that periodically devastate the agrarian economy.
AFRICANGLOBE - Egypt’s recent diplomatic maneuvering and military, political and economic posturing in the Horn of Africa – predominantly Somalia and Somaliland – have been designed to target Ethiopia’s aspiration for development and peace. At best, they aim to put Ethiopia under siege, with the strategic intent to undermine its efforts of seeing through the completion of the Great Ethiopian Renaissance Dam (GERD).
AFRICANGLOBE - Ethiopia has a new nickname: “The African Lion.” Like China (“The Asian Dragon”), Ethiopia’s economy is growing: 10 percent annually from 2003 to 2014. But the moniker also has less savory connotations. Ethiopia’s economic expansion is taking place against a backdrop of privatization, immiseration, and incursions on democratic rights.
AFRICANGLOBE - This case is just another example of the barbarity and savagery of Europeans. Seven-year-old Prince Alemayehu was captured – along with many national treasures – in 1868, his mother who was then Queen of Ethiopia was raped and murdered by the British. His remains are held in Windsor Castle but pleas for their return have been rebuffed
AFRICANGLOBE - Next time President Jacob Zuma sends a government delegation outside the country to learn how other governments run state companies he must consider an unlikely tutor, Ethiopia. Poor as it is compared to South Africa, Ethiopia can teach our government officials a thing or two on how to run state companies profitably without bleeding state coffers.
AFRICANGLOBE - Population Reference Bureau has published a report of the most populous countries in the world in 2050. Find out the top 10 nations.
AFRICANGLOBE - Conservationists are facing a race against time to prevent one of Ethiopia's most sacred religious site from crumbling away. The ancient churches of Lalibela in northern Ethiopia have been a place of pilgrimage for local Christians since they were constructed 800 years ago.
AFRICANGLOBE - These were once the high and mighty of Ethiopia - princes, imperial courtiers, provincial nobility, aristocratic landlords, blue-blooded ministers, and much decorated generals. They ruled entire provinces, owned enormous estates, and commanded private armies and could boast of belonging to royal families tracing their ancestry 2,000 years to the founding of the Ethiopian monarchy.
AFRICANGLOBE - Rwanda and Ethiopia have suggested new development models they believe can help Africa break away from the prescribed Western models. African leaders of the two countries and those from other states agreed that Africa should stop being bullied into “accepting policies that misrepresent us and do us harm in the end.”
AFRICANGLOBE - Gifted with unique historical wonders and pleasant hospitality, Ethiopia offers adventurous exploration opportunities. Ethiopia’s landscape and weather conditions makes it impressive. It has twelve months of sunshine where you can have a yearlong getaway.
AFRICANGLOBE - The Ethiopian capital Addis Ababa is going through one of the fastest rates of urban growth in the world. In Amharic 'Addis Ababa' means 'new flower', and Menelik II founded the city at the end of the 19th century. For much of its history, Addis was a small town, at the centre of an ancient empire.
AFRICANGLOBE - For many experts closely following events in the Horn of Africa and the fight against terrorism, Ethiopia stands out as having been exceptionally successful. But what makes Ethiopia's doctrine so successful?
AFRICANGLOBE - Barack Obama will become the first ever sitting U.S. president to visit Ethiopia. This is a testament to the firm friendship that the two countries enjoy. Ethiopia has had a close relationship with the U.S. ever since Emperor Menlik II earned recognition as the only sovereign state leader in Africa after defeating Italy. Emperor Haile Selassie deepened the bond with his seven official state visits to the U.S during his reign.
AFRICANGLOBE - Chinese Ambassador to Ethiopia, La Yefan indicated, china is working towards bringing Ethiopia into the center stage of Africa’s industrialization. The Ambassador added “china will do all it can to expand the manufacturing industry Ethiopia planned to undertake in the period of the 2nd growth and transformation plan”.
AFRICANGLOBE - The clean and orderly regional capital of Mekelle reflects the progress made by the country, Africa’s second most-populous, which has experienced recent near-double-digit economic growth and huge infrastructure investment.
AFRICANGLOBE - The importance of developing a skilled labor force and improving the investment climate are among the key areas that will help support the Government of Ethiopia’s plan of becoming a manufacturing powerhouse and increasing incomes by 2025, according to the World Bank’s latest Ethiopia Economic Update report.
AFRICANGLOBE - Ethiopia warned on Tuesday it would take necessary action against arch-rival Eritrea unless it refrains from an alleged destabilizing role in the volatile east African region. While addressing parliament, Ethiopian prime minister, Hailemariam Desalegn, accused the Eritrean government of continuing to engage in destabilizing peace and security of Ethiopia and the region at large.
AFRICANGLOBE - Ethiopia is selected the winner of World Best Tourist Destination for 2015 and receiver of the Favorite Cultural Destination Distinction for 2015 by the General Assembly of the European Council on Tourism and Trade(ECTT).
AFRICANGLOBE - During the tenure of deposed President Mohamed Morsi, Egypt threatened to arm an opposition group in Ethiopia to stop the dam’s construction, an indication of how political tensions could play out — and the danger it could pose to regional security.
AFRICANGLOBE - "Singularity of purpose and execution make Ethiopia’s fast growth possible." Ethiopia’s GDP has grown to US$52,3bn in 2014 from $29,9bn in 2010. Total investment grew from 21% of GDP in 2009 to 34% of GDP in 2014, having peaked at 37% in 2012, according to World Bank data. "Ethiopia has cleverly taken big bets which are set to pay off and make Ethiopia the new manufacturing hot spot,"
AFRICANGLOBE - In the 1870s Japanese public intellectual Yukichi Fukuzawa shocked his audience by stating that he thought Japan should leave poor Asia and join the modern world. Japan in those days was going through a phase of rapid change, which would eventually lead to Japan becoming a modern nation and the leading nation in Asia.