Betting Big on Industrial Parks



Last week's inauguration of the Hawassa Industrial Park (HIP), constructed in just nine months and at a cost of 250 million dollars, is a significant milestone for Ethiopia’s industrialisation strategy. It signifies th...


Reflections on the Real Bill Gates


It started with a small fact in a New York Times article in 1997. A snippet of text that caught the eye of Bill Gates, a man who had already changed the world with personal computing. It was a sad fact that would lead...


The Abdication of the Left


As the world reels from the Brexit shock, it is dawning on economists and policymakers that they severely underestimated the political fragility of the current form of globalisation. The popular revolt that appears to be...


Thoughts of a Cineaste


Not so long ago, on a Cable News Network (CNN) programme entitled Inside Africa, I saw an episode concerning the preservation of handwritten Geez writings and the printing of Bibles in Ethiopia. Both were done using meth...


Djibouti – Unlocking Africa’s Economic Potential


There are fewer than fifty landlocked countries in the world, but no less than ten of these are spread throughout sub-Saharan Africa. Burkina Faso, Mali, Niger, Chad, the Central African Republic, Rwanda, Burundi, Uganda...


The Meaning of Brexit


The Brexit vote was a triple protest: against surging immigration, City of London bankers, and European Union institutions, in that order. It will have major consequences. Donald Trump’s campaign for the US presidency...


Break from Tradition in Insurance Industry


In the face of challenging economic times, pressing regulatory changes and increased competition for market share, insurance companies are struggling to maintain their balance. The time does not allow insurance compan...


Nile Cooperation Akin to Teamwork in Sports


For any football team, you have the goalkeeper, defenders, midfielders, strikers and the coach. These entities blend together so as to secure victory for their team. Separately, they would achieve nothing, for it is thro...


UN Hypocrisy on Saudi Arabia, Eritrea


  In 2013, the European Union declared Wahabism as the main source of global terrorism. In 2001, the Pentagon labeled Saudi Arabia as the “kernel of evil.” Fifteen of the nineteen, 9/11 terrorists are from Sa...


When Globalisation Goes Digital


American voters are angry. But while the ill effects of globalisation top their list of grievances, nobody is well served when complex economic issues are reduced to bumper-sticker slogans – as they have been thus far...


Brexit’s Impact on the World Economy


The febrile behavior of financial markets ahead of the United Kingdom’s referendum on June 23 on whether to remain in the European Union (EU) shows that the outcome will influence economic and political conditions arou...


Innovation is Not Enough


We seem to be living in an accelerated age of revolutionary technological breakthroughs. Barely a day passes without the announcement of some major new development in artificial intelligence, biotechnology, digitisation,...


Activist Investors Here to Stay


Activist investors are relatively new, but very influential, players in international capital markets. Activist investors are shareholders at publicly traded companies, who attempt to affect change in an organisation...


Ethiopia’s Vanguard Capitalists: Can EPRDF Strike a Political Balance?


Last week, Ethiopia commemorated its national day with an exhibition celebrating the country’s economic progress. More than 140 companies - some state-owned, some private - set up displays in the Millennium Hall, a con...


Africa – Borrowed Continent at a Crossroads


Although it is problematic to generalise about a large, diverse place, it is fair to say that Africa is fast emerging as a consumer continent. It is populated by “Afropolitans”, who are sometimes also referred to as...


The Africa We Want: Where are the Eagles?


African leaders will be meeting in Kigali, the capital of Rwanda, for the 27th Ordinary Session of the Assembly of the African Union (AU). A key highlight of the forthcoming summit, to be held from July 10 to 18, 2016, w...


Editorial

To the shock of many people a building around Summit in the Bole Distri...


Agenda

Road maintenance in Addis Abeba has been a bone of contention between c...


Fineline

The manner in which the current leadership of the O...


Commentary

The concept of climate insurance is not new in developed countries, but...


Viewpoint

Exactly 26 years ago a close relative of mine died from kidney failure.


Opinion

For the Europeans, the late 19th century was a great period of industri...


View From Arada

The recent passing of Professor Richard Pankhurst has been the news aro...


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