The Revival of Pan-Africanism

Kudos to the children of Ethiopia and Eritrea who stipulated these inspiring, but also resentful words, which went viral hours after being expressed to now be echoed by tens of millions across the world. Africans—and all Black people for that matter—who are sick and tired of neocolonialists and their non-stop attempts at reasserting their fading hegemony are continuing to welcome the movement. As part of another desperate move by waning Western influences, Ethiopia has once again been targeted at an unprecedented scale and manner as the West continues to take advantage of the current political instability in the country. In undermining the government’s attempts at enforcing law and order against the Tigray People’s Liberation Front’s (TPLF) tyrants, America and its Western allies have impeded on the right for self-governance of the government. They continue to support TPLF as it had served their interests in the Horn of Africa region during the past three decades of power.

It’s the beginning of the end of Western-hegemony

The war that has been waged against Ethiopia by neo-colonists is not like ones encountered before. It is multifaceted, congruent, and coordinated on several fronts, employing every possible way to enact regime change with the anticipation of complete disarray, and a civil war that proceeded to create a complete collapse.

It also set an unprecedented level of convergence between neocolonial powers, which were otherwise known to pursue unreconciled stances on several spheres. The inexplicability of this unholy alliance between these groups remains to be a mystery and a puzzle for many. Moreover, what exactly Ethiopia has done to deserve such a level of hostility and conspiracy makes the puzzle even worse deep in the cynics.

Share companies are one form of business organization that often issue shares to raise capital for operational and strategic reasons. In other countries, shares of public companies are traded on regulated stock exchanges. In the stock exchange process, investors can place orders to buy and sell shares. Shares can be a valuable part of an investment portfolio. Owning shares in different companies can help build savings and protect money from inflation and taxes. It’s one option of maximizing income from the investments to the individual. When we see it from the company’s side, managing shares has become a central task.


It wouldn’t be an overstatement to assert that the Covid-19 pandemic hit the global hospitality sector the hardest. It is no different in Ethiopia, a nation that has seen a rise in the flow of tourists for successive years before the pandemic turned things upside down. Now, at a time when the effect of the pandemic appears to be easing a little, good news is still scant for the Ethiopian tourism sector with war on its footsteps, writes Bamlak Befekadu.


As much as artists have been vocal about the power of performing arts in communicating messages that could change society in many ways, the endeavor has failed to reach epic heights expected from a culturally-rich nation like Ethiopia. From censorship to competition from the growing cinema business, theater’s voyage has been full of hurdles. Now, the art form is dealing with the pandemic and national security challenges. EBR’s Trualem Asmare explores.


Shimeles Gebremedhin CEO, eTech

As Ethiopia prepares for increased digitalization, a slow increase in investment in innovation and technology is evident. Being the first digital company to ever go public in Ethiopia, eTech is working where public awareness towards the use of technology is still inching forward. Yet, the startup has managed to involve more than 525 shareholders to raise ETB200 million in paid-up and pledged capital. EBR’s Addisu Deresse talks to Shimeles Gebremedhin, CEO of eTech, about the challenges and prospects facing his company and the sector in general.


Forex reserve shortages and the further devaluation of the Ethiopian birr against foreign currencies have been the usual inflation-causing suspects in Ethiopia. Additionally, in recent months, container scarcity is resulting in even more price hikes, especially of Chinese imports. Adding to an already strained global business environment faced with unprecedented challenges, China’s latest power cuts and moves to create a climate-change-conscious economy are felt far afield, writes Selome Getachew.


Ethiopian football owes much of its existence to the personal effort of players, informal coaches, and established clubs. Formal academia and training camps contribute very little to players’ journeys and successes. A recent collaboration between the Ethiopian Football Federation and Three-Point, however, might change the status quo to give additional hope to young boys and girls who aspire to kick the ball on national and international pitches. The partnership could even become a manufacturing hub for the export of professional footballers to Europe, writes Abiy Wendifraw.

Preaching Democracy While Working to Unseat an Elected Government and Rushing for Geo-Political Dominance

Arguably, the in-cubing democrat-led government of the United States has been facing multifaceted challenges at home. The chaotic influx of immigrants, a broken system of handling immigration, inefficiency in the supply chain management of commodities, significant rejection of Covid-19 vaccine by citizens, and inflation that caused price hikes on gas and other essential goods are few of the factors that attributed to the disgruntling situation American officials face. Americans are highly upset; the rift on the already divided nation has widened, and, consequently, major polls have suggested that President Biden’s overall approval rate has declined to as low as, 48Pct in the early days of December.

Over the past five years, India has experienced an unusually rapid expansion of digital connectivity and access to services. This has had a positive impact on the inclusiveness of economic growth; on efficiency and productivity in retail, supply chains, and finance; and on entrepreneurial activity.

India’s engagement with digital technology dates to the late 1980s. Major investments in computer science and education were made under Prime Minister Rajiv Gandhi’s administration (1984-89). And with the expansion of internet access in the 1990s, India became home to many major outsourcing companies in IT administration, business processes, and customer service. But because the infrastructure needed for widespread mobile-internet access remained deficient, penetration lagged and data costs for mobile users ended up being among the highest in the world.

Ethiopian Business Review | EBR is a first-class and high-quality monthly business magazine offering enlightenment to readers and a platform for partners.

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