ADDIS ABABA, Sept 22- South Korea's Kia Motors Corp signed a deal with a local company on Thursday to start assembling cars in Ethiopia and is thinking of similar operations elsewhere in Africa. We are also looking at the prospects of opening similar plants in Algeria and other countries, " Soon Nam Lee, President of Kia's Middle East and Africa headquarters, told...
*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...
The Earth will be quite a bit more crowded in 2050—with nearly 2.5 billion more people than now.
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.
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.
Experts reveal which sectors in Africa are poised to make headway, and how investors are tapping in.
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".
Ethiopian economy is transforming, says the country's prime minister, Hailemariam Desalegn. He also discusses the agricultural sector.
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.
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.
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.
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.
The Human Rights Watch has accused Ethiopia of severely restricting freedom of expression. The country's prime minister, Hailemariam Desalegn responds to these accusations.
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.
*Shares in Hong Kong more than halved this year. HONG KONG, Oct 25- ZTE Corp, the world's fourth-biggest maker of mobile phones and fifth-ranked telecommunications equipment manufacturer, reported its first quarterly loss- of $310 million- since listing in Hong Kong in 2004, on shredded margins, project delays and accounting changes in China.
NEW YORK-- A columnist imprisoned under Ethiopia's controversial anti-terrorism laws, an Azerbaijani investigative radio reporter who had surveillance cameras planted in her apartment and a Palestinian blogger who has been beaten and tortured for reporting on abuses and protests in Gaza each received Courage in Journalism awards Wednesday from a women's media group.