Africa’s New Friend China Financing $9.3 Billion of Dams for Hydropower
The country’s engineering and manufacturing giants have recently completed or are participating in at least $9.3 billion of hydropower projects in Zambia, Gabon, the Democratic Republic of Congo, and elsewhere on the continent, according to data compiled by Bloomberg ...
Advocates say hydropower can help make up Africa’s chronic power deficit. Gibe III, for instance, will double Ethiopia’s power generation capacity. That, says Prime Minister Meles Zenawi, will be instrumental in fighting poverty in a country nicknamed “Africa’s water tower” for the rivers coursing out of its highlands
Wikileaks:-US mad cry to influence EPRDF and Ambassador HUDDLESTON finds Dr Merara to be a “reliable source”
Two leaks that will make you tickle knowing how little US officials in Addis know EPRDF and Oppositions Leaders!... (What a reliable source!)
Twenty years is long time to understand that EPRDF is building a new nation full of hope and vigor to become owner of its destiny. The US should have known this and have clarity about Ethiopian politics instead of playing the blame game using TPLF as a scapegoat like Kinjit did in 2005! And any sane official should have known opposition politicians like Dr Merara are angry irrational individuals who cannot be trusted nor counted as a reliable sources!
9/11 - a dreadful anniversary
(MOFA Sep 9, 2011)-Ten years have elapsed since the horrendous terrorist attack in New York on September 11, 2001. As Ambassador Girma Biru, Ethiopia’s Ambassador to Washington, said in a ceremony held in the US Embassy in Addis Ababa to commemorate that atrocity, ten years is a long time....
See Also:  A Week in the Horn
Ethio Telecom grosses 8.82 bln br
Addis Ababa, September 9 (WIC) – Ethio Telecom announced gross revenue of 8.82 billion birr in the concluded budget year; achieving 89 per cent of first year GTP target....
The hand of history is upon Meles as he talks to Egyptians
7th September 2011-When Meles the lionheart sits down for talks on the Nile with Tantawi the Sphinx later this month, he will be doing so from a position of strength and not weakness. A number of internal and external factors are believed to be responsible for Ethiopia’s foreign policy triumph towards solving the bone of contention between Addis Ababa and Cairo.
Economic Growth for Inflation: The Ethiopian Dilemma
Asayehgn Desta, (Ph.D) Sep 7, 2011-
Moderate inflation is an inevitable consequence of sustained economic growth. It can enhance economic growth by mobilizing the resources of a country. For the last five years, Ethiopia has recorded sustaining economic growth. However, inflation in Ethiopia is beyond the break-even point. Instead of stimulating economic growth...