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Ethiopia News

  • Ethiopia bags a continental first with $2.2m smart parking facility

    ETHIOPIA, 2017/11/27 A steel facility that can at once hold 90 cars in a space which could originally hold nine cars. Electronic lifts pick cars and embed them within a structure that is believed to have cost $2.2m – or 52 million birr. It is a continental initial, a facility meant to relieve vehicular parking and to keep with world trends in the area of vehicle safety. This is Africa’s initial smart parking facility located in one of the continent’s fastest growing cities. Addis Ababa in Ethiopia. A recent CGTN Africa statement showed the Smart Megenagna Parking where a modern lifting systems safely parks cars in a huge steel storey building.
  • Ethiopia marching towards Africa's first waste-to-energy plant

    ETHIOPIA, 2017/11/27 Ethiopia will begin running Africa’s initial waste-to-energy plant in early 2018 according to the United Nations environment programme website. The facility in question, the Reppie project, is built on the Koshe landfill site located on the outskirts of the capital Addis Ababa. inRead invented by Teads The dump site which had served Addis Ababa for about 50 years made news headlines in March this year next a landslide at the premises killed about 114 people – residents and scavengers – according to government records.
  • Namibia Scraps Visas for Africans

    BOTSWANA, 2017/11/01 Namibia has gotten the ball rolling on plans to scrap visa requirements for African passport holders next Cabinet authorised the implementation of this process - to be carried out in line with diplomatic procedures. Namibia will any minute at this time start issuing African passport holders with visas on arrival at ports of entry as a initial step towards the eventual abolition of all visa requirements for all Africans.
  • Africa: Experts Explore Infrastructure and Cooperation to Improve Lives

    BOTSWANA, 2017/11/01 Addis Ababa — African economies require structural transformation to attain sustained increase that trickles down to all its peoples, an official from the United Nations Economic Commission for Africa (ECA) told experts gathered at the organization’s Ethiopian headquarters. Soteri Gatera, who heads the ECA’s Industrialization and Infrastructure Section, says only such “inclusive” economic increase will help resolve the “persistent social economic problems” Africa faces.
  • Africa's last international banks make their stand

    BOTSWANA, 2017/10/31 On June 1, 2017, Barclays sold a 33.7% stake in its African business, Barclays Africa Group Limited (BAGL). The transaction reduced the UK lender’s stake in its African offshoot to 14.9% and permitted, in accounting terms, the deconsolidation of BAGL from its parent. Additional symbolically, it brought to an end Barclays’ operations on the continent next additional than 100 years. The rise of Africa’s home-grown financial players has led most international lenders to withdraw from the continent. However, Société Générale and Standard Chartered are not only staying put but marking territory for digital expansion. James King reports.
  • Africa’s Growth: Nobel Laureate Joseph Stiglitz Calls For New Strategy

    BOTSWANA, 2017/10/19 Joseph Stiglitz has advised African nations to adopt coordinated strategy encompassing agriculture, manufacturing, mining, and service sectors to attain same success delivered by the old manufacturing export-led strategy. Prof. Stiglitz, an economist and professor at Columbia University, New York, gave the advice at the Babacar Ndiaye lecture series introduced by African Export-Import Bank (Afreximbank) which debuted in Washington D.C.
  • Ecobank launches mVisa across 33 African Countries

    BOTSWANA, 2017/10/19 Ecobank Scan+Pay with mVisa delivers instant, fasten cashless payment for goods and services by allowing customers to scan a QR code on a smartphone or enter a incomparable merchant identifying code into either a feature phone or smartphone Ecobank (https://Ecobank.com) has partnered with Visa to launch Ecobank Scan+Pay with mVisa solutions to their consumers. The strategic tie-up signals interoperability on a cross border level – and potentially huge gains – as it affords consumers with the ability to use their mobile phone to due access the funds in their bank accounts to pay person-to-merchant (P2M) or person-to-person (P2P).
  • ‘Betting on Africa to Feed the World’ – AfDB president Adesina

    BOTSWANA, 2017/10/17 The president of the African Development Bank, Akinwumi Adesina, will deliver the Norman Borlaug Lecture on Monday 16 October as part of the World Food Prize events taking place from October 16 to 20, 2017 in Des Moines, Iowa, USA. The Norman Borlaug Lecture under the title: “Betting on Africa to Feed the World”, will be held on World Food Day, October 16, in conjunction with the annual World Food Prize celebration.
  • Ethiopia to repair four of nine world heritages

    ETHIOPIA, 2017/10/17 Ethiopia said it is going to repair four of the nine world heritage this year, according to the Authority for Conservation of Cultural Heritage.The Rock-Hewn Churches of Lalibela, Obelisk of Axum, Fasil Ghibi, and Tiya Prehistoric Sites are the heritages that are going to be renovated staring from this year, Hailu Zeledke, Director of Heritage Conservation at the Authority told journalists on Saturday. These heritages have been vulnerable to some level of damage due to old age and seasonal variation. According to director, the maintenance work for the rock-hewn churches of Lalibela, which consist 11 medieval monolithic cave churches; and the Axum obelisk, the ruins of the ancient city of Aksum, will be started this year.
  • World Teacher’s day: Gov’t urged to improve teachers’ productivity

    BOTSWANA, 2017/10/16 Cameroonian teachers nationwide have exhorted the Cameroonian government to empower teachers with the requisite tools to be able to deliver their best in the present fast-paced world. While commemorating the 23rd edition of world teacher’s day today, the teachers noted that the theme for this year’s celebration, “Teaching in Freedom, Empowering Teachers,” reaffirms that peace and security are needed for the development of any country.