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Will Ethiopia become the China of Africa? The question often comes up in an economic context: Ethiopia's growth rate is expected to be 8.5 percent this year, topping China's projected 6.5 percent.
For Ethiopia, China’s infrastructure expenditures are an essential element in plans to emerge from a long cycle of drought, poverty, famine and war. The railroad is a start.
Ethiopia's regime self-consciously models its development strategy on China, and it's easy to see why. China is heir to one of the world's richest civilizations and has every asset to be a major ...
Will Ethiopia become “the China of Africa”? The question often comes up in an economic context: Ethiopia’s growth rate is expected to be 8.5 percent this year, topping China’s projected 6. ...
BIT Mining, a Chinese Bitcoin mining company, completed a $14.28M deal with Ethiopia on December 3rd to acquire a 51-megawatt facility and 18K mining rigs. Ethiopia is now at par with Norway ...
Ethiopia launched its first satellite into space on Friday, as more sub-Saharan African nations strive to develop space programs to advance their development goals and encourage scientific innovation.
Ethiopia has borrowed $13.7 billion from China since 2000, but it was not immediately clear how much of its debt was maturing in the 2023/24 (July 8-July 7) fiscal year.
ADDIS ABABA/BEIJING (Reuters) - Ethiopia has been lauded by experts from China's ruling Communist Party as a "model country" in Beijing's $126 billion Belt and Road initiative to build rail, road ...
"I took 86 Ethiopian graduates to China to teach them how to make shoes," she says. "Now we have a programme working closely with the government to train another 300." ...
Ethiopia’s first-ever satellite has been launched into space by China. "Ethiopia has joined the effort to seek knowledge and information from space," Prime Minister Abiy Ahmed, said in a ...
Ethiopia bans imports of gas-powered private vehicles, but the switch to electric is a bumpy ride A batch of electrical vehicles for sale parked at a car yard in Addis Ababa, Ethiopia Thursday ...
These are just a handful of the many companies that could benefit from Ethiopia’s industrial parks and logistics facilities as well as Beijing’s investment in this infrastructure. Last year, China ...