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Refining the idea of a refinery

Last week, Zemedeneh Nigatu, Fairfax Africa Fund Global chairman,  blast on the local and international media outlets with his USD 4 billion oil refinery project planned to be located in the central Ethiopia (Awash area), in Afar Regional State.

Tourism conundrum

The past two years had been particularly hard on Ethiopia’s tourism sector. The political unrest in Oromia, Amhara and Ethio-Somali regional states have stained the relatively peaceful Ethiopian political environment.

Where there is smoke there is fire

As smoking of tobacco continues to decline in higher income countries, global tobacco companies have shifted their attention to low income regions of the world where cigarette smoking is on the rise.

Fear of the unknown: a stock exchange saga

Last week, the who’s who of the Ethiopian business community congregated in the UNECA conference hall discussing an issue which is dear to their heart: the establishment of a stock market in Ethiopia. Although the discussion has been going on for past 20 years the authorities are yet to pay attention to it.

Nation building in Somalia: an uphill battle

Somalia has gone through an unprecedented protracted conflict since 1991. Today, it is one of the few territories in the world without a fully functioning government structure in place. Somalia gained its independence from colonial Italy in 1960 under the leadership of a civilian administration.

Dam Deadlock

If the recent rhetoric from Egypt’s politicians and some government officials is something to go by, the spirit of negotiation among the three nations – Egypt, Sudan and Ethiopia – regarding the Grand Ethiopian Renaissance Dam (GERD) is fast disappearing. In a matter of a few weeks, the president, ministers and parliamentarians of Egypt started taking a hostile path against Ethiopia and the GERD. What is odd is the speed with which the tripartite cooperation has shifted to tension.

Hanging in the balance

After a marathon session of intraparty debate and criticism and self-criticism processes, the Tigrayan People’s Liberation Front (TPLF), the oldest among the four-party coalition, the Ethiopian Peoples’ Revolutionary Democratic Front (EPRDF), announced the removal of his chairman and other prominent members.

Illusive “quality” FDI

Foreign Direct Investment has been one means of getting capital for capital intensive investments. And countries that attract foreign capitals have been using them to attain their goals in different forms and there are both success and failure stories in this regard.

From talking to doing

It has been twenty two years since the Constitution of the Federal Democratic Republic of Ethiopia (FDRE) came in to force. It is considered by many as a rights-friendly legal and political document.