By Nebyou W
During a recent rebroadcast of a sermon by one of the most watched TV evangelists in Africa and in the World, TB Joshua, he mentioned that Nigerians should focus more on bringing in technologies rather than accumulating dollars in their bank accounts as the technology will bring in more knowledge, work, capital and money.
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Business Opinion
Business Opinion
Lamu transforms transportation across Africa
- 24 March 2012
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By Meles Alem
A large scale project touted as a catalyst for sustainable economic growth in East Africa and Africa has been launched this month. The Lamu Port and South Sudan-Ethiopia Transport Corridor (LAPSSET) a.k.a. the Lamu corridor upon completion will be According to Prime Minister Meles Zenawi, key segment of the great equatorial land bridge, which will connect the Eastern and Western Africa. It will also link Ethiopia and the Horn of Africa countries and position Kenya as a gateway to East Africa and the Great Lakes Region, he noted. Add a comment
A large scale project touted as a catalyst for sustainable economic growth in East Africa and Africa has been launched this month. The Lamu Port and South Sudan-Ethiopia Transport Corridor (LAPSSET) a.k.a. the Lamu corridor upon completion will be According to Prime Minister Meles Zenawi, key segment of the great equatorial land bridge, which will connect the Eastern and Western Africa. It will also link Ethiopia and the Horn of Africa countries and position Kenya as a gateway to East Africa and the Great Lakes Region, he noted. Add a comment
The Usual Suspect
- 03 March 2012
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By J. Bradford DeLong
Across the Euro-Atlantic world, recovery from the recession of 2008-2009 remains sluggish and halting, turning what was readily curable cyclical unemployment into structural unemployment. And what was a brief hiccup in the process of capital accumulation has turned into a prolonged investment shortfall, which means a lower capital stock and a lower level of real GDP not just today, while the recovery is incomplete, but possibly for decades. Add a commentThe sustainability mindset
- 25 February 2012
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By Michael Spence
Markets and capitalist incentives have great strengths in promoting economic efficiency, growth, and innovation. And, as Ben Friedman of Harvard University argued persuasively in his 2006 book The Moral Consequences of Growth, economic growth is good for open and democratic societies. Add a comment
Markets and capitalist incentives have great strengths in promoting economic efficiency, growth, and innovation. And, as Ben Friedman of Harvard University argued persuasively in his 2006 book The Moral Consequences of Growth, economic growth is good for open and democratic societies. Add a comment
Reinventing the World Bank
- 25 February 2012
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By Ana Palacio
Robert Zoellick’s announcement that he will not seek reelection as President of the World Bank has focused attention on whether the tradition of putting an American in charge will or should endure. But, legitimate as that question is, it is just a minor aspect of the debate that is needed about the World Bank’s role in the twenty-first century.
Has trademarking doubled Ethiopian farmers’ income?
- 21 January 2012
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By Wondwossen Mezlekia
It looks like this decade is shaping up nicely as a period of Coffee Rush in Ethiopia; of course, with little resemblance to the California Gold Rush (1848–1855) and involving mostly internal actors.
Add a commentIslamic banking: can Ethiopia really afford to ignore it?
- 14 January 2012
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In Ethiopia, access to financial services is not yet something that is fully guaranteed. It’s something that is out of reach to most ordinary citizens, especially the poor and the rural dwellers. The financially-excluded class comprises a large segment of the society such as small-scale farmers, laborers, self-employed entrepreneurs, and women.
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