Archive for March, 2012
Istanbul, Turkey - It’s fair to say the men’s 800 metres at the 14th IAAF World Indoor Championshipshas not followed the form book, but normalcy was restored at the last when the favourite, Mohammed Aman of Ethiopia, took the gold medal in one minute 48.36 seconds. Mind you, an upset had looked ...
ADDIS ABABA - Ethiopia rejected on Sunday reports that dozens of its soldiers had been killed and two captured by Islamist rebels during fierce fighting in Somalia, branding them as "false."
ADDIS ABABA, March 12 (Reuters) - Ethiopia's year-on-year rate of inflation rose in February to 36.3 percent from 32 percent a month ago, official data showed on Monday.
ADDIS ABABA — A "restrictive" law in Ethiopia is severely crippling rights groups, according to an Amnesty International report. The rights watchdog said the law, which it called "vaguely worded," severely restricts funding to local organizations and allows for overreaching government interference.
* China, Middle East-led investment * Hotel chains eye oil hot spots for new sites * Ethiopian Airlines sees greater competition BERLIN, March 9 (Reuters) - The world's big hotel chains and airlines are rushing to serve new corporate customers in Africa, as Chinese and Middle East investment boosts business interest in the resource-rich ...
The Ethiopian-born Saudi billionaire ousted Nigerian billionaire Aliko Dangote, worth US$11.2 billion. Dangote, who is ranked second, remains Africa's wealthiest individual. Al-Amoudi, 67, is the 61st richest person in the world. He is presently involved in various construction projects in Ethiopia, where he has invested more than US$2 billion.
The Ministry of Water and Energy is preparing a draft proclamation to properly regulate the petroleum industry in Ethiopia according to Wendimu Tekle, State Minister for Water and Energy.