Category: Market Bazaar

Paul Taylor , SAP When Vasco da Gama, the 15th century Portuguese explorer, landed in Kenya searching for a sea route from Europe to India, he found Chinese traders who had arrived in Malindi earlier that century following a series of expeditions sponsored by the Ming dynasty. Today, five centuries later, as Western companies wake up to...

By Fasika Tadesse The National Bank of Ethiopia (NBE) is on the process of establishing its own banknotes and security printing factory to print cash locally. The Bank announced a tender two weeks ago to hire an international consultancy firm to conduct a feasibility study for the printing plant on the state owned daily newspaper,...

BBC News- The chaos and conflict that once consumed the port of Mogadishu are now gone and a few foreign investors are starting to move into Somalia. Turkey is leading the way – but why is there such a strong bond between these two countries? Where once rival militias battled for control of these docks,...

Addis Ababa ( The Reporter) – Ethiopia is the second most populous country in Africa with a population of around 90 million. Besides being an ancient country with over 3000 years of recorded history behind it, Ethiopia is also the cradle of the human race. Some 2,500 km to the north-east of Ethiopia is a...

By Fiona Smith Hashi Kaar’s story is both uplifting and sad. A refugee from war-torn Somalia, he arrived in Australia as a 17-year-old boy without English, much schooling or an understanding of what the internet was. Just five years later, he was in his third year of university and employed as a junior application developer...