Archives for June 2018

Journey to Paris: Afrobytes and the Rise of African Industry

By Hruy Tsegaye

When one is travelling to Paris for business, in one of the high tourist months, there isn’t much to write about the wonderful city. In a foolish attempt to cover all the attractions, you will run like a crazy dog yet unfortunately Paris is not just big, Paris is just like ‘Quanta Firfir’ hiding countless good stuff behind her common veil. Eventually, the business traveller will give up settling on the common sites. I was the very same business traveller who gave up after The Louvre, Arc de Triomphe, Eiffel Tower, Palace of Versailles and Le Marias.

Exhausted and frustrated, I decided to quit acting like a tourist and I accepted the gloomy fact that 4 days are not enough; I was in Paris for six days and I have tried to arrange my touristic days as follows: 2 days before my business conference and the following two days after the business conference. Yet, it was never enough.

Without exaggeration, or perhaps with little exaggeration, the 6 days I have in Paris were useless to quench my tourist-ish urge and I cannot say I was intimate with the dream city; maybe it was like a quick adultery! Despite my two-day relaxing trip to Germany, I was forced to concentrate all my focus in Paris towards my business.

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Ethiopia’s tech startups are confident change is coming at just the right time

By Yinka Adegoke

Word that Ethiopia’s prime minister Abiy Ahmed is looking to loosen his country’s tight grip on strategic assets like its fast-growing airline and its long-term telecom monopoly has sparked interest from international investors and regional corporations.

It’s easy to see why: Ethiopia, with a population of 100 million, has had one of the world’s fastest-growing economies for the past decade. It’s also had a successful top-down implementation of various infrastructure initiatives in transportation and construction.

Still, Ethiopia’s also been called a “sleeping giant” because of its closed markets. Decades after last socialist government, it still has a heavily regulated business environment. Things were changing even before Abiy’s appointment and as the country’s tense politics led to a state of emergency after ethnic-led protests and fatal clashes with security forces.

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