Europe Top News and Analysis Ethiopia

  • *Ethiopia seeks to industrialise poor, agrarian economy. ADDIS ABABA, June 1- Ethiopia has grand ambitions for its tiny auto industry, seeking to transform a handful of assemblers that bolt together imported kits into a network of factories that can make the country Africa's biggest car manufacturer over the next two decades. Ethiopia produces about 8,000...

  • *Europe wants Eritrea to create more jobs to halt exodus. *Eritrea says European asylum prospects entice youths. ASMARA, Feb 25- Eritrea is not prepared to stop forcing its youth into lengthy stretches of work as soldiers and civil servants, a conscription policy that is driving waves of refugees to make the perilous trip across the Sahara desert and...

  • ADDIS ABABA, Feb 2- China is expected to start work in Djibouti soon on a naval base, Djibouti's president told Reuters, defending Beijing's right to build what will be its first foreign military outpost on one of the world's busiest shipping routes. Strategically located at the southern entrance to the Red Sea on the route to the Suez Canal, Djibouti is already...

  • *Ethiopia's ambitions challenged, at least in short term. FEDETO/ ADDIS ABABA, Ethiopia, Jan 31- On a treeless plain in eastern Ethiopia, thousands of destitute pastoralists have set up camp outside the tiny village of Fedeto. Ethiopia's failed rains, which meteorologists blame on the El Nino weather phenomenon, have created a drought in some areas of the country...

  • Indian passengers stand and hang onto a train as it departs from a station on the outskirts of New Delhi.

    The Earth will be quite a bit more crowded in 2050—with nearly 2.5 billion more people than now.

  • CNBC update: Obama in Ethiopia

    President Obama is meeting with Ethiopia's Prime Minister Hailemariam Desalegn, and Bobbi Kristina Brown has died at age 22, reports CNBC's Sue Herera.

  • People walk past shanty homes at Badia East slums in Lagos.

    The World Bank is failing to protect the poor and vulnerable people affected by the projects it funds says a new report.

  • China, one of the world's largest "emerging" investors, is ramping up investment in Sub Saharan Africa as it searches for resources, but whether the benefits are mutual isn't clear.

  • A customer browses men's shoes in the footwear department inside a Truworths International Ltd. fashion store in Sandton, South Africa

    Experts reveal which sectors in Africa are poised to make headway, and how investors are tapping in.

  • Agriculture to cut poverty in Ethiopia: PM

    Ethiopia can achieve its target of reducing poverty further, Hailemariam Desalegn, the Ethiopian prime minister tells CNBC, adding that the country's wealth is very "inclusive".

  • Agriculture's share of GDP decreasing: PM

    Ethiopian economy is transforming, says the country's prime minister, Hailemariam Desalegn. He also discusses the agricultural sector.

  • When will an Ethiopia issue a bond?

    The issuance of Ethiopian bonds "depends on the success" the country has over the next three-to-four years, Hailemariam Desalegn, Ethiopian's prime minister explains.

  • World Bank is 'wrong' about Ethiopia: PM

    What¿s happening in Ethiopia is different from what the World Bank's Doing Business Survey indicates, says the country's prime minister, Hailemariam Desalegn.

  • Ethiopia not ready for 'neo-liberalism': PM

    Hailemariam Desalegn , Ethiopia's prime minister, tells CNBC that the country will only open up all its sectors to foreign investors once domestic companies can compete.

  • Ethiopia's PM on tensions with Egypt

    Tensions between Egypt and Ethiopia rose with the construction of the Grand Ethiopian Renaissance Dam. Hailemariam Desalegn, Ethiopia's prime minister, discusses the progress of talks between the two countries.

  • Freedom of the press in Ethiopia

    The Human Rights Watch has accused Ethiopia of severely restricting freedom of expression. The country's prime minister, Hailemariam Desalegn responds to these accusations.

  • The World Bank is 'wrong' on Ethiopia: PM

    Ethiopian Prime Minister Hailemariam Desalegn, says the World Bank's negative view of the country's economy is wrong and says local businesses are competitive.

  • Builds a trading and industrial empire that shows it is possible to create wealth in the region by other means than tapping its rich natural resources.

  • Investigators started work on Saturday to establish the cause of a fire on a Boeing Dreamliner at London's Heathrow airport.

  • U.S. safety regulators are nowhere near finishing an investigation into a battery fire on the Boeing 787 Dreamliner, a top official said on Thursday, raising the prospect of a prolonged grounding for the aircraft.