Country: Ethiopia
Related Posts
Conflict in Ethiopia Adds to Uncertainty Over the Stability of Chinese Investments in the Country
Veteran China journalist Mark K. Magsted's documentary podcast series "On China's Silk Road" featured an in-depth analysis in its latest episode, posted on Friday, about Chinese investments in Ethiopia and the new risks presented by the conflict in the Tigray region: ...
Allianz Research: Africa, Americas Had Better Brace for a “China-Less Recovery”
China is turning inwards and will slow its economic engagement in emerging markets in Africa and Latin America in the post-COVID-19-era, according to new analysis from the research arm of the German financial services giant Allianz. The report ...
Hundreds of Chinese Nationals Evacuated From Northern Ethiopia, Confirms Foreign Ministry Spokesman
600 Chinese nationals have reportedly been safely escorted out of the conflict zone in northern Ethiopia. "With the assistance of the Ethiopian side, the Chinese citizens there have basically been evacuated," confirmed Chinese Foreign Ministry spokesman Zhao Lijian at the regular ...
With Chinese Loans Coming Due, Ethiopia Moves Forward With Ethio Telecom Privatization Plan
The Ethiopian government is moving forward with plans to sell off a 45% stake of the state-owned Ethio Telecom along with two more telecom licenses even though this may not be the best time to do that given the weak economy and the escalating conflict in the ...
Latest World Bank Debt Report Prompts Renewed Concern About Kenya, Ethiopia
Journalists and analyst have been poring through the World Bank's latest report on global debt that was published last month. Two African countries in particular, Kenya and Ethiopia, stand out. The report examined external debt accumulation among ...
Port Competition Along Africa’s East Coast Intensifies With China as a Central Player
After the Dubai-based ports operator DP World was effectively pushed out of Djibouti by China Merchants Port Holdings (CMPH), the Emiratis packed up and headed a few hundred kilometers down the coast to set up shop at the Port of Berbera in the self-declared ...
China, Ethiopia Showcase Ties Following Trump’s “Blow Up the Dam” Comment
There's been a noticeable, albeit slight, increase in China-Ethiopia diplomacy and propaganda this week, prompting some speculation that Beijing may be discreetly moving to take advantage of the fall-out from last week's furor over controversial comments by U.S. President Donald Trump about the Grand Ethiopian ...
Just as the U.S. is Trying to Bolster Its Standing in Africa to Challenge China’s Rising Influence, Washington Stumbles in Ethiopia
U.S. President Donald Trump's suggestion to the Sudanese and Israeli prime ministers in a call last weekend that Egypt might "blow up" the Grand Ethiopian Renaissance Dam if Cairo and Addis Ababa can't reach a settlement, is not sitting well at all in Ethiopia. ...
Meet Zhao Zhiyuan, China’s Unusual Incoming Ambassador to Ethiopia
China's newly-appointed ambassador to Ethiopia Zhao Zhiyuan will take up his new post in Addis Ababa soon where he will replace Tan Jian who left his post last month in what was described as a regular rotation. But Zhao comes to ...
Can China Help Build Africa’s Nascent Pharmaceutical Sector?
As COVID-19 continues its rampage across most of the planet, including in Africa, the vulnerabilities of Africa’s reliance on imported medical and pharmaceutical products are being exposed, and attention is increasingly focused on the need to strengthen local and regional manufacturing capabilities and supply chains.
African Leaders Renew Calls for Urgent Debt Relief and Financial Assistance
Leaders from several of Africa's largest countries including South Africa, Kenya, and Ethiopia renewed their urgent appeals on Tuesday for debt relief, debt cancellation, and immediate financial assistance from the international community to help support economies across the continent ...