Africa

Chinese train manufacturer signs deal with Ethiopia

The Chinese train manufacturer, CNR Corporation Limited, has signed an agreement with the Ethiopian government to provide 41 engines for use on the Addis Ababa light railway now under construction, Ethiopia’s Ministry of Foreign Affairs said.  The engines will be custom-made for use in Addis Ababa. “They will be able to travel at a maximum of 70 kilometers per hour and will be constructed to ensure they [are] sunlight-resistant with using special components for their glass, rubber, paint and cables.”

Africa

Business between UAE and Ethiopia booming

Mahlet Fasil

Trade relationship between Ethiopia and countries within the United Arab Emirates (UAE) has shown huge progress over the last ten years. This was mentioned during business to business meeting between visiting officials and businesses from the UAE and their Ethiopian counterparts held at the Sheraton Addis Hotel yesterday.

Africa

Our exclusive on AU-EU relations with Gary Quince

In December 2007, at the second EU-Africa summit held in Lisbon, Portugal, leaders of the two continents adopted the ‘Joint EU-Africa strategy.’ Based on that the two continents have agreed to set out shared objectives and cooperation in eight different areas: peace and security; democratic