Xenophobia Is More an Economic Than a Social Issue

[Daily Maverick] The spazza shops of foreign nationals create a façade of economic empowerment, and the desperate situation where our youth find themselves addicted to dangerous substances and selling their bodies to get by, fuels the popular rhetoric, that it is foreign nationals who do this to their kids, thus further fuelling the resentment and attacks.

[Daily Maverick] The spazza shops of foreign nationals create a façade of economic empowerment, and the desperate situation where our youth find themselves addicted to dangerous substances and selling their bodies to get by, fuels the popular rhetoric, that it is foreign nationals who do this to their kids, thus further fuelling the resentment and attacks.

source: AllAfrica News: South Africa

Pankhurst’s Passing and the Media in Ethiopia

[Addis Fortune] The passing of Professor Richard Pankhurst reminds me of my decades-long acquaintanceship with the historian. I was his student and I have studied and used his book “The Economic History of Ethiopia 1800-1935,” a professional research w…

[Addis Fortune] The passing of Professor Richard Pankhurst reminds me of my decades-long acquaintanceship with the historian. I was his student and I have studied and used his book "The Economic History of Ethiopia 1800-1935," a professional research work that has not only made me realize that Ethiopia was and is an independent country with ports like Adulis by the shores of the Red Sea and that the country had has a mighty military force to be reckoned with.

source: AllAfrica News: Ethiopia

Ethiopian Steel Launches New Product

[Addis Fortune] Ethiopia Steel Plc has announced the launch of a new product, C purlins, which are used for the construction of roofing structures, with an investment of 12 million Br. Purlins are used for making support systems for roofing and are mad…

[Addis Fortune] Ethiopia Steel Plc has announced the launch of a new product, C purlins, which are used for the construction of roofing structures, with an investment of 12 million Br. Purlins are used for making support systems for roofing and are made from cold rolled steel.

source: AllAfrica News: Ethiopia

Mapping Agency Receives Funding

[Addis Fortune] The Ethiopian Mapping Agency has received 1.6 million Br in funding from the United States Agency for International Development (USAID) to repair continuously operating reference stations, which have been in service for 10 years. The ma…

[Addis Fortune] The Ethiopian Mapping Agency has received 1.6 million Br in funding from the United States Agency for International Development (USAID) to repair continuously operating reference stations, which have been in service for 10 years. The machines collect data from satellites, which is then processed by various agencies for different purposes.The machines are located in Addis Abeba, Jimma, Gonder and Dire Dawa.

source: AllAfrica News: Ethiopia

Banks Should Avoid Being ‘Dangote'”

[Addis Fortune] It has been two years since Dangote Cement came to the scene of the country’s cement industry. Instantly, the products of this factory dominated the market in four corners of the country. The company owned by a Nigerian multi-billionair…

[Addis Fortune] It has been two years since Dangote Cement came to the scene of the country's cement industry. Instantly, the products of this factory dominated the market in four corners of the country. The company owned by a Nigerian multi-billionaire Aliko Dangote has become a pioneer in delivering its products to the gates of its customers using 180 "low bed" trucks with a capacity of carrying 400 quintals. It invested a total of 450 million dollars to join the cement industry in the country.

source: AllAfrica News: Ethiopia