Ethiopia feels China’s huge presence

Bloomberg Ethiopians work in a shoe factory operated by Huajian Group, which manufactures footwear for the US market, outside Addis Ababa. Huajian, in partnership with the China-Africa Development Fund,... Read more »

Ethiopia Becomes China’s China in Global Search for Cheap Labor

Ethiopian workers strolling through the parking lot of Huajian Shoes’ factory outside Addis Ababa last month chose the wrong day to leave their shirts untucked. Company President Zhang Huarong,... Read more »

African Union to open Chinese-funded New HQ in Ethiopia

The African Union is due to inaugurate its newly built headquarters in the Ethiopian capital, Addis Ababa. The entire $200m (£127m) project was funded by China as a gift... Read more »

Commercial Bank of Ethiopia Agrees $300 Million China Loan

(Bloomberg) — The Commercial Bank of Ethiopia signed a memorandum of understanding with the Export-Import Bank of China for a $300 million credit facility, Ethiopia’s state- owned lender said.... Read more »

China gives Ethiopia us$500 million loan

China has lent Ethiopia US$ 500 million that will be used to fund various development projects in the Horn of Africa country. The loan agreement signed with the Chinese... Read more »

Somaliland, Ethiopia and China to Sign Trilateral Deals

BEIJING — Somaliland President Ahmed M. Silanyo arrived in the Chinese capital on Friday for bilateral talks likely to yield dozens of deals, statement said. According to a Presidential... Read more »

Ethiopia + Berbera Port + China deal – change in the Horn?

Somaliland media sources and other rumours, including on Twitter, have suggested (12 Aug) that a deal on Somaliland’s Berbera port is imminent with China and Ethiopia. According to Somaliland... Read more »

‘No scramble for Africa between India & China’

ADDIS ABABA (ETHIOPIA): While the West continues to project and pit India against China in Africa, India has rejected reports that it is competing with China. It has also... Read more »