linkedin facebook twitter

img 2.jpg

News & Commentary

Editor’s Corner

Editor's Choice

Eritrea at the CrossroadsI congratulate Andebrhan Welde Giorgis on his high quality and extremely informative book that has not only the merit to be an update on the political situation in Eritrea but also asks the pertinent questions on the future of his marvelous country. He does it with tact and success, based on his long experience as freedom fighter, as senior public servant, as Ambassador and his rich experience of Africa. Each country in Africa must be able to determine its own future. Freedom, responsibility, control over its destiny, and solidarity, are the key ideas of the new vision for international cooperation that will help ensure the sustainability of the development process. The urgent need to create a democratic government resonates throughout the book. Good governance, respect for human rights, principles of democracy, and rule of law are essential universal values underpinning it. Andebrhan is one of those men, visionaries, and open to dialogue, reform and change. Eritrea at a Crossroads is key to understanding the challenges facing Eritrea and Africa. It is an eye opener on a complex and little understood crisis that is festering in Africa and holding the continent back. The book provides a solid intellectual foundation to understanding the region and will give anyone who wants to build a better future for Africa a great starting point. I congratulate him on this most valuable book which finds its place among all the lovers of Africa. Louis Michel Member of European Parliament, European Commissioner for Development and Humanitarian Aid (2004-2009) and Foreign Minister of Belgium (1999-2004) Freedom fighter, scholar, central banker, diplomat, and now unhappy exile, no-one could be better placed than Andebrhan Welde Giorgis to trace Eritrea's distressing slide from triumph to tragedy. It's a harrowing story, but the author tells it comprehensively, objectively and lucidly in this excellent study. The future can be rescued, as Andebrhan makes clear, but only if the past is understood, and the present confronted -- by decent, concerned Eritreans, acting with the moral, political and economic support of the wider international community. May his voice be heard. Gareth Evans Chancellor, Australian National University; President, International Crisis Group (2000-09) and Foreign Minister of Australia (1988-96).




 Frontier Markets Returns


Frontier Markets News

recommended by the editors...

  • Home
    Home This is where you can find all the blog posts throughout the site.
  • Categories
    Categories Displays a list of categories from this blog.
  • Tags
    Tags Displays a list of tags that have been used in the blog.
from Al Arabiya..By ReutersMarch 1, 2015 Middle East funds are increasingly positive toward Saudi Arabia’s stock market as oil prices appear to be stabilizing and the Kingdom is preparing to open its bourse to direct foreign investment, a Reuters survey of regional asset managers shows. With its main stock index up 11.2 percent year-to-date, Saudi Arabia has outperformed all other major bourses in the Middle East, whose returns are mostly in the low single digits. In the
Tagged in: Investment Reuters
from The Daily Star (Lebanon)..By Dana HalawiFebruary 28, 2015 BEIRUT: Lebanon’s Central Bank is contemplating new lending regulations in a bid to crack down on shadow banking, according to senior bankers who participated in a seminar held in Beirut Friday. “The Central Bank is planning to issue a new set of standards and regulations confining lending activities to financial institutions with minimum capital requirements,” said Rabih Nehme, head of the risk assessment unit at BDL’s Banking Control Commission.
from ReutersFebruary 28, 2015 Bahrain's economy is holding up in the face of low oil prices as policymakers bank on infrastructure spending and the private sector to offset shrinking energy sector revenues, officials and businessmen said this week. The tiny kingdom of about 1.3 million people is among the financially weakest of the Gulf Arab oil exporters, lacking the huge hydrocarbon and fiscal reserves of its neighbours. Because of the plunge of oil prices since last
from Neil HalliganFebruary 28, 2015 Is this the biggest technology acquisition the Middle East has seen yet?" was the question posed in a tweet posted by Dubai-based entrepreneur Paul Kenny. The acquisition in question was the $170m deal by German e-commerce group Rocket Internet to acquire Kuwait-based, a food takeaway platform that operates across the GCC. The deal surpassed the $165m Yahoo! paid in 2009 for Maktoob, and although the valuation would be considerably higher if
from The EastAfrican..By Christabel LigamiFebruary 28, 2015 The Single Customs Territory will speed up the movement of goods coming in through the Mombasa (above) and Dar es Salaam ports. PHOTO | FILE The cost of clearing cargo at the port of Mombasa and of transport along the Northern Corridor has gone down by 30 per cent since the implementation of the East African Single Customs Territory (SCT). At the recently concluded Heads of State Summit, the EAC presidents

Posted by on
from The EastAfrican..By SCOLA KAMAUFebruary 28, 2015 East Africans are increasingly using solar energy for lighting as companies scramble for a piece of the promising market.  Even as a large number of East Africans rely on kerosene, batteries and candles for lighting, a Nairobi-based company with a presence in Uganda and Tanzania, has connected more than 140,000 homes in Kenya and 20,000 in Uganda and Tanzania to solar power in the past two years. M-Kopa partnered with Safaricom
from The EastAfrican..By James AnyanzwaFebruary 28, 2015 Loan defaulters in East Africa could soon have nowhere to hide as credit reference bureaus move to open outlets across the region. Cross-border credit information sharing has been in the pipeline for more than three years. The increased presence of CRBs in the East African Community states is expected to help control the level of credit risk among commercial banks and ensure stability of the financial system. It will also help
from NewZimbabwe.comFebruary 28, 2015 WHITE farmers still occupying pieces of land in the country must brace for more farm seizures after President Robert Mugabe revealed Saturday his government was investigating how many of them survived the violent and anti-white land seizures since 2000. "We don't need a white man to continue to guide us. No. We are now equipped with skills," Mugabe told thousands of guests to the lavish celebrations for his 91st birthday held at
from Balkan Insight.. By Gjergj Erebara | BIRN | Tirana February 28, 2015 Koço Kokedhima, a businessman and MP from the Socialist Party, had started a campaign - mainly through his newspaper Shekulli - calling for the legal cultivation of marijuana in Albania. The country is considered a major supplier of marijuana for Western Europe and last year its police conducted two major operations, destroying scores of plantations and arresting dozens of people. “Albania produces cannabis of
Kharkiv Malyshev tank factory
from Al Jazeera..By Sabra AyresFebruary 27, 2015 Many at Kharkiv's factory, now supplying tanks for the Ukrainian army, have worked there through multiple conflicts. Three generations at work: From left, Serhei Grigorovych, 50, his son Oleksandr Grigorovych 26, and his father Vladislav Grigorovych, 74, at the Malyshev Tank Factory. Brendan Hoffman for Al Jazeera America  KHARKIV, Ukraine — There was a time when the enormous Malyshev factory churned out thousands of the Soviet Union’s prized T-34 tanks. The tank’s