Tag Archive | Infrastructure

Tiny Djibouti thinks big with a complex web of infrastructure spending tied to Ethiopia – and Chinese credit

From: Berhane Habtemariam AFP It’s not a model democracy, though, with strongman Guelleh, in power since 1999, seeking a fourth term in a vote slammed by the opposition as a sham Trucks load cargo at Djibouti port. (Photo/AFP). THE tiny Horn of Africa nation of Djibouti, which votes Friday in presidential elections, is hitching its […]

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Posted in Congress Watch, Countries, Defense News, Democracy, Djibouti, Economy, Politics and Security, Regional Issues0 Comments

Bullish Ethiopia and Djibouti agree on $1.55Bn pipeline; Kenya’s LAPSSET has reason to worry

From The Guardian Ethiopia and Djibouti are looking to create an African infrastructure hegemony that reaches into West Africa. THE MEN IN NAVY BLUE: Ethiopian Prime Minister, Hailemariam Desalegn with Djibouti President, Ismaïl Omar Guelleh. If they had their way they would own oil the railway and oil pipelines from East Africa to the Gulf […]

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Posted in Congress Watch, Countries, Djibouti, Economy, Ethiopia, Kenya, Regional Issues0 Comments

ETHIOPIA, CHINA SIGN $1.4 BILLION LOAN AGREEMENT

Rahel Samuel Ethiopia and China today signed a loan agreement amounting to 1.4 billion USD to support Ethiopia’s infrastructure development endeavors. The finance will be used to fund six projects including the Ethio-Djibouti railway project, electricity supply, road development, installation of natural gas pipeline and building capacity of small enterprises. The signing came following talks between visiting Ethiopian Prime […]

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Posted in Congress Watch, Countries, Economy, Ethiopia, Regional Issues0 Comments

Ethiopia’s unprecedented budget targets education and infrastructure

From the Africa Report By Tinishu Solomon PHOTO©REUTERS The government of Ethiopia has proposed a record $10.6 billion budget statement for the coming fiscal year in a bid to boost spending on education, health and road construction.The bill for Ethiopia’s next budget year, which runs from July 8 to July 7 2016 last week received approval […]

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Posted in Congress Watch, Countries, Democracy, Economy, Ethiopia, Regional Issues0 Comments

Djibouti dreams of being ‘new Dubai’

From Kenya’s Daily Nation   The Djibouti port. ADUALEM SISAY | NATION MEDIA GROUP DJIBOUTI, Sunday For years the Horn of Africa nation Djibouti was seen by foreign powers as a far-flung military outpost overlooking the Gulf of Aden. Now the strategic port wants to capitalise on its key position on one of the world’s […]

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Posted in Djibouti, Economy, Regional Issues0 Comments

How finance flows to Africa

From The Brookings Institution As they prepare for the fast-approaching Third International Conference on Financing for Development in Addis Ababa (July 13-16, 2015), policymakers, private sector actors, and other global leaders should examine the types of external financial flows (defined as the sum of gross private capital flows, official development assistance (ODA), and remittances) that […]

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Posted in Congress Watch, Countries, Economy, Regional Issues0 Comments

Discussing Africa’s development priorities and challenges with African Development Bank President Donald Kaberuka

From the BrookingsInstitution Amadou Sy | April 14, 2015 3:56pm Tomorrow, Wednesday, April 15, the Brookings Institution’s Africa Growth Initiative (AGI) will host President of the African Development Bank (AfDB) Donald Kaberuka for a discussion on his vision for sustaining and expanding sub-Saharan Africa’s recent high levels of growth. President Kaberuka has led the continent’s premier financial institution since […]

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Posted in Burundi, Congress Watch, Countries, Economy, Eritrea, Ethiopia, Kenya, Politics and Security, Regional Issues, Rwanda, Somalia, South Sudan, Sudan, Tanzania, Uganda0 Comments


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