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Egypt And Ethiopia To Hold Talks Over Nile Dam

AFRICANGLOBE - Egypt said on Sunday it would hold talks with Ethiopia in the next two weeks to iron out differences over an Ethiopian dam on the River Nile that Cairo sees as a threat to its water supplies.

1974 : Ethiopia’s Fallen Aristocrats

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.

Ethiopia: Addis Ababa’s Transformation

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.

Ethiopia Beating The Economic Odds

AFRICANGLOBE - Ethiopia is considered as one of the fastest growing economies in the world today, a far cry from 30 years ago when the East African country was hit by a severe famine. But how much has changed since the famine.

Ethiopia Emerges As Africa’s Most Favourable Investment Destination

AFRICANGLOBE - In the last two years, Ethiopia has risen from the fourteenth place on the list of African foreign direct investment (FDI) recipients to the second place and the number of projects in the country have spiked by 88 percent. This is a direct result of a flourishing economy and a well-funded government.

The African Union’s Big Shame

AFRICANGLOBE - The AU has worked towards achieving some of its objectives (on paper). It has, however, mainly been a platform for African leaders to rile at the imperialistic West for meddling in their affairs and driving an agenda that is not in the best interests of Africa. Question is, do those African leaders themselves have the best interests of Africans at heart?

Africa Is About To Launch A Cairo-To-Cape Town Free Trade Area...

AFRICANGLOBE - The world is just about to get a free trade area that's bigger, by population, than either the European Union or NAFTA. It's got nothing to do with the much-publicised Trans-Pacific Partnership (TPP) Transatlantic Trade and Investment Partnership (TTIP). In fact, you've probably never heard of it.

‘Africa’s Armageddon Is Over’

AFRICANGLOBE - “Today, Africa has emerged from this dark passage. Our Armageddon is past. Africa has been reborn as a free continent and Africans have been reborn as free men. The blood that was shed and the sufferings that were endured are today Africa’s advocates for freedom and unity"

Ethiopia Takes Cue From China

AFRICANGLOBE - Whereas Africa’s recent boom derives from mineral resources, Ethiopia’s growth has been primarily driven by manufacturing, agriculture and transport. This has led some to draw parallels between Ethiopia’s journey and China’s success narrative

Ethiopia To House East Africa’s Tallest Building

AFRICANGLOBE - The largest commercial bank in Ethiopia, Commercial Bank of Ethiopia (CBE), has inked a deal with the China State Construction Engineering Corporation (CSCEC) to build its headquarters in Addis Ababa, Ethiopia’s capital city. The building is will become the tallest structure in East Africa once completed.

Egypt, Ethiopia Sign Nile Dam Agreement

AFRICANGLOBE - Egyptian President Abdel-Fattah al-Sisi arrived in Addis Ababa on Monday for a three-day visit to Ethiopia. The Egyptian leader was welcomed upon his arrival at Addis Ababa's Bole International Airport by Ethiopian Prime Minister Hailemariam Desalegn.

Addis Ababa, Ethiopia Among Cities Of The Future With A Bright...

AFRICANGLOBE - According to the annual “Wealth Report” released by global real estate consultancy Knight Frank on March 5, Ethiopia's capital is among four cities in the world dubbed as "Cities of the Future", based on the wealth creation opportunities they will present in the future.

Addis Ababa To Get Its First Seven Star Hotel

AFRICANGLOBE - Addis Ababa is to get another world class hospitality image before the end of the year when the AU Grand Hotel managed by Westin Hotels and Resorts inaugurates its seven star hotel in the African Union (AU) compound.

Why The Fuss Over Robert Mugabe?

AFRICANGLOBE - Despite the calm beginnings to Mugabe's year-long tenure as the head of the African Union, his new role has been interpreted as deliberate nose-thumbing at the West by large sections of the western media. Sections of the African media, meanwhile, have presented Mugabe's role as a great victory for the continent and a further step in its total liberation, economic as well as political.

South Sudan Leaders Reach Partial Peace Deal

AFRICANGLOBE - South Sudan President Salva Kiir and rebel leader Riek Machar signed a deal in Ethiopian capital Addis Ababa on Sunday to put an end to the crisis that has been raging in their country for over a year now.

Egyptian Dictator Goes To Addis Ababa

AFRICANGLOBE - Following the 1978 Camp David accords with Israel, President Anwar Sadat declared, “The only matter that could take Egypt to war again is the Nile water.” To this day, Egyptian engineers are stationed as far as Lake Victoria, in Uganda, monitoring activities along the river.