Country: Ethiopia

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Wang Yi Conducts Speed Diplomacy With Nine African Foreign Ministers

China's top diplomat Wang Yi conducted another one of his signature rounds of speed diplomacy with foreign ministers from at least nine African countries on the sidelines of a ministerial gathering this week in central Hunan province. Specific details of the ...

Chinese EVs Price Wars Domino Effect on Africa’s Nascent EV Market

Faced with rising fuel costs, vehicle buyers in Kenya and Ethiopia are turning to affordable electric alternatives from Chinese manufacturers such as Changan, Neta, Wuling, and Xiaohu. These compact EVs, well-suited for taxi services and short-distance travel, are gaining ground as practical replacements for traditional ...

Ethiopia’s Gasoline Vehicle Ban Boosts Chinese EVs, Local Assembly

Ethiopia's radical ban on internal combustion engine (ICE) vehicles has seen increasingly more electric vehicle brands in Ethiopia's capital, Addis Ababa, not only for personal cars but also for ride-hailing, mass movement of people, and transportation of goods. ...

Ethiopia’s Middle Class Ditching Gasoline Vehicles for Electrics With Chinese EVs Dominating Race

Solomon Shenkutie, a ride-hailing driver in Ethiopia’s bustling capital, Addis Ababa, made a life-changing decision six months ago: he swapped his gasoline-powered car for a Chinese-made electric vehicle. “I spent most of my earnings on fuel, and prices are only expected ...

China’s Hunan Province Unveils New Measures to Bolster Trade Ties With Africa

Authorities in China's central Hunan province introduced a series of new policy and financing measures specifically aimed at boosting trade ties with countries in Africa. The province's finance and commerce ministries jointly unveiled an 11-point plan last week that is intended to ...

Analysis from Cobus van Staden

China-Led Study Proposes Global Energy Network

A globally connected network of solar and wind energy could provide three times the global energy demand by 2050 at a lower cost than independent national power systems. This is the finding of a study led by the Chinese Academy of Sciences in collaboration with researchers from the United States and Denmark.

The study focused on how areas with high solar and wind capacity (such as deserts) can be linked to ...

China, Ethiopia Police Sign Pact to Foster Closer Security Ties

Senior law enforcement officials from Ethiopia and China signed an agreement on Friday to work more closely together on training and information sharing. The officials also discussed the creation of a new Ethiopia-China Law Enforcement Cooperation Center in Addis Ababa. The talks ...

BRICS Countries Reach Impasse Over Security Council Seats

The newly-enlarged BRICS group failed to issue a joint statement after foreign ministers from the ten-nation bloc met last week on the sidelines of the United Nations General Assembly in New York. Two of the group's new members, Egypt and Ethiopia, reportedly ...

Can China Help Africa Become the Next Factory of the World?

For decades, African governments have tried to lure Chinese manufacturing companies to set up factories in their countries with the promise of an abundant supply of low-cost labor. Other than a few high-profile companies, Chinese companies, for the most part, have ...

Navigating Risk and Relationships: Chinese Loans to Africa in 2023

By Diego Morro, Victoria Yvonne Bien-Aimé and Lucas Engel This week, African and Chinese leaders are gathering in Beijing for the 2024 Summit of the Forum on China-Africa Cooperation amid significant anticipation from observers about the summit’s key priorities and whether ...

China Rolls out the Red Carpet for African Leaders

By Oliver Hotham China on Monday rolled out the red carpet for leaders from across Africa, seeking to deepen ties with the resource-rich continent it has furnished with billions in loans for infrastructure and development. ...

Learning Through Lending: China-Africa Economic Engagement through FOCACs Past and Present

By Lucas Engel As the 2024 Summit of the Forum on China-Africa Cooperation (FOCAC) approaches, it is warranted to look back at the trajectory of China-African economic engagement and assess its current state. For China, FOCAC, ...

Attention Shifts to Chinese Debt Following Ethiopia’s IMF, World Bank Deals

This week, the Ethiopian government struck a pair of deals with the International Monetary Fund (IMF) and the World Bank that will pave the way to restructure the country's $29 billion external debt, a quarter of which is owed to Chinese creditors.
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