Tag: Ethiopia
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Sub-Saharan Africa set for 3.8% growth in 2025 as inflation eases, investment returns
Sub-Saharan Africa’s economy is expected to grow by 3.8% in 2025, a modest but meaningful rebound driven by easing inflation, stabilizing currencies, and improving investment conditions, according to the World Bank’s latest Africa Pulse report released Tuesday (7 Oct). The forecast marks an upgrade from April’s 3.5% projection and reflects renewed optimism in key economies…
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U.S. Backs $10B Ethiopian Airport Project to Boost Regional Aviation Hub
The United States has pledged significant support for the construction of Bishoftu International Airport in Ethiopia, a landmark $10 billion project aimed at transforming the Horn of Africa’s aviation landscape. Announced by U.S. Senior Advisor for Africa, Massad Boulos, during a recent visit to Ethiopia ahead of the United Nations General Assembly, this marks President…
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Disconnected dissent: internet shutdowns surge across Africa amid political crackdowns
Internet shutdowns across Africa have surged in scale and frequency over the past decade, with nearly 200 incidents recorded between 2016 and 2024, according to a new study by the African Digital Rights Network (ADRN). The tactic, often used to suppress dissent and manipulate political outcomes, is being normalized by governments across the continent, researchers…
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Russia powers up Africa ties with landmark Ethiopia nuclear deal
Russia and Ethiopia have officially signed a long-anticipated nuclear cooperation agreement, marking a major milestone in Moscow’s growing strategic engagement across Africa. The deal, finalized at a nuclear energy forum by Ethiopian Electric Power Company and Russia’s state-owned Rosatom, outlines the construction of Ethiopia’s first nuclear power plant. The agreement includes a comprehensive roadmap for…
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Ethiopia charts bold future with mega nuclear power plant and $30bn development drive
Ethiopia is set to break ground on a mega nuclear power plant, Prime Minister Abiy Ahmed announced Tuesday (9 September), unveiling a sweeping $30 billion infrastructure agenda aimed at transforming the country’s energy, transport, and industrial sectors. Speaking at the inauguration of the Grand Ethiopian Renaissance Dam (GERD) — Africa’s largest hydropower project — Ahmed…
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East Africa navigates global headwinds with resilient growth outlook
Despite mounting global economic uncertainties, East Africa remains on a steady growth path, driven by investments in infrastructure, energy, agriculture, and digital innovation. According to a recent Deloitte’s 2025 East Africa Economic Outlook, the region is set to be the fastest-growing on the continent, even as high inflation, rising debt, and currency volatility pose significant…
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Africa rises as India’s manufacturing lifeline amid U.S. tariff shock
Africa is emerging as a key manufacturing hub for Indian companies, as record-high U.S. tariffs — now up to 50% — threaten India’s export competitiveness, particularly in textiles, pharmaceuticals, and gems. The penalties, imposed largely in response to India’s continued oil trade with Russia, have forced Indian firms to pivot strategically toward Africa to maintain…
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Tigray on edge: rising tensions threaten fragile peace in Ethiopia
Tigray is once again at the brink of conflict, as unresolved political disputes, contested territory, and a fragile ceasefire fuel rising fears of renewed war in Ethiopia’s northern region. Lt. Gen. Tadesse Werede, head of Tigray’s Interim Administration, has warned that federal attempts to return internally displaced persons (IDPs) to Western Tigray without consultation threaten…
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China’s security playbook in Africa raises promise, and alarms
China’s Global Security Initiative (GSI), launched in 2022 by President Xi Jinping, is increasingly shaping Africa’s security architecture, drawing both support and scrutiny across the continent. According to a new analysis by the Washington-based Africa Center for Strategic Studies, the GSI is rapidly reshaping security partnerships across Africa, embedding Chinese norms into military, policing, and…
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Gulf states and Turkey reshape East Africa through billions in strategic investments
East Africa is experiencing a profound geopolitical shift as Gulf states and Turkey expand their influence through infrastructure, energy, and security investments totaling an estimated $75 billion, according to a new report by the Washington-based Africa Center for Strategic Studies. This influx is transforming the region’s political and economic landscape, particularly in fragile states like…