Ethiopia

Reactions trail maltreatment of 250 Nigerians in Ethiopian prisons

Reactions trail maltreatment of 250 Nigerians in Ethiopian prisons

When Dr Paul Ezike’s video on the alleged plight of some Nigerians in Ethiopia’s Kaliti Prisons, Addis Ababa, recently hit the social media space, it was a quick reminder of what Nigerians have been going through in several prisons outside Nigeria, particularly in Asian countries and Libya, over the past couple of years. In the past, there have been disturbing stories about the inhuman treatment meted out to Nigerians in Guangdong Prisons in China. At one point, it was even alleged that some of them were being killed secretly and their essential organs harvested for business purposes. The condition is,…
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The desire to foster greater banking competition in Ethiopia

The desire to foster greater banking competition in Ethiopia

By Comr Amos Kalu The National Bank of Ethiopia unveiled new plans in May to let foreign competition enter the nation's banking industry. The state-owned Commercial Bank of Ethiopia currently controls the nation's banking sector. According to a 2019 estimate by Cepheus Growth Capital Partners, an investment management company with headquarters in Addis Ababa, the bank holds 62% of the country's assets and deposits. There are 29 banks in total in the nation, all of which are privately owned. Ethiopia intends to allow foreign competition in the nation's banking industry. What does this mean for businesses and people? However, the…
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Sports minister endorses sportsville award ! …says initiative aligns with his vision. In den warenkorb legen. Beloved tv actor rituraj singh passes away at 59 due to cardiac arrest, confirmed by amit behl.