Tag: Ethiopia
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Leading Fintechs in Pan-African Countries
Fintech funding and market size vary significantly across African countries, with Nigeria, South Africa, and Egypt consistently leading in both venture capital and active market volume, followed by rapidly advancing markets like Ghana, Ethiopia, Senegal, Liberia, Côte d’Ivoire, and Gambia���. Funding Leaders: Nigeria, South Africa, and EgyptNigeria is the continent’s powerhouse, often drawing a third…
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🇪🇹 Abiy Ahmed Launches Ethiopia’s First Drone Assembly Factory Amid Regional Arms Race
Ethiopia has taken another step toward asserting its technological and military independence with the inauguration of SkyWin Aeronautics Industries, a state-linked drone assembly facility in Addis Ababa. The factory, officially opened on March 8, 2025, was launched by Prime Minister Abiy Ahmed, who hailed the project as a milestone in the nation’s journey toward self-reliance…
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🇷🇺🇪🇹 “Rosatom” will build a nuclear power plant in Ethiopia based on the modern and safe VVER-1200 reactor
🇷🇺🇪🇹 “Rosatom” will build a nuclear power plant in Ethiopia based on the modern and safe VVER-1200 reactor — the Russian ambassador to the country, Evgeny Terekhin. 💬 “The document, signed by the Director General of Rosatom Alexey Likhachev and his Ethiopian counterpart Ashebir Balchi, defines a clear sequence of steps: the creation of a…
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🇪🇹 Ethiopian PM Abiy Ahmed Launches “Pulse of Africa,” A New Pan-African Media Platform to Reclaim the Continent’s Narrative
In a significant move to challenge long-standing negative stereotypes and reshape how the world sees the continent, Ethiopian Prime Minister Dr. Abiy Ahmed has officially launched “Pulse of Africa,” a new Pan-African media platform. The initiative, announced by the Prime Minister on his social media channels, is designed to counter what he describes as persistent…
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🌍Africa’s most controversial dam is officially opened
Ethiopia has inaugurated the Grand Ethiopian Renaissance Dam (GERD), a project that has provoked intense regional debates for over a decade. “This dam is a testament to our commitment to harnessing Ethiopia’s resources for the benefit of our people and the region,” Prime Minister Abiy Ahmed said. The dam would stabilize river flows, reduce flooding,…
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🏳️Virtual Gathering: BRICS Summit to Convene Online in September at Brazil’s Request
JOHANNESBURG – The upcoming BRICS summit of emerging economies will be held in a virtual format on September 8, a shift confirmed by India’s Foreign Ministry this week. The online meeting, initiated by Brazil which currently holds the rotating presidency of the bloc, signals a strategic pivot for the group’s first gathering since its historic…
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🇪🇹 Ethiopia preparing to legalise euthanasia
The Ministry of Health of Ethiopia has issued directives for the implementatllion of a draft document allowing euthanasia and medical assistance in dying, APA News reported, citing an unnamed official. In January, the lower house of Ethiopia’s parliament approved a proclamation permitting euthanasia for patients with incurable diseases. The document was developed following months of…
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🇪🇹 Ethiopia: African Development Bank to invest $500 million in new airport
The African Development Bank (AfDB) on Monday has agreed to contribute 500 million dollars to help develop a new mega airport in Ethiopia. Ethiopian Airlines Group Chief Commercial Officer Lemma Yadecha and AfDB President Akinwumi Adesina have signed an agreement appointing the AfDB as Mandated Lead Arranger. The bank will lead efforts to raise as…
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Electric Vehicle Sales in Africa More Than Doubled, Reaching Nearly 11,000 in 2024
The surge is driven by policy incentives and the growing availability of relatively affordable Chinese-made EVs. Although EVs still account for a small market share (under 1%), sales exceeded 2,000 units in countries like Morocco and Egypt. The IEA’s Global EV Outlook 2025 report highlights how local policies and shifting trade dynamics are reshaping Africa’s…
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Hackers Expose Deportation Flight Secrets—Including Transfers to El Salvador’s Notorious CECOT Prison
A recent cyberattack on GlobalX, the airline contracted by the U.S. Immigration and Customs Enforcement (ICE) for deportation flights—known as “ICE Air”—has uncovered shocking details that reverberate far beyond U.S. borders. Hackers affiliated with Anonymous penetrated the airline’s systems and retrieved internal documents, including passenger manifests from multiple deportation flights. Among those listed was Ricardo…
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