An international pop-up bar that takes over watering holes across the world, Miracle runs from Nov. 29-Dec. 31. While it’s not technically a holiday bar, spirits are always high at Helen’s. Black Lodge: Look forward to terrifically horrible holiday puns and yuletide debauchery at the Brenner Pass-adjacent bar Nov. 28 through Dec. 31. Virago Spirits: Step inside this tucked-away tasting room and cozy up with a Tahitian Holiday cocktail for an tropical winter mashup. Friendsgiving, Cirrus Vodka (Nov. 18): Holiday market with food trucks and vendorsClassic Greek Flavors, The Kitchen Classroom (Nov. 19): Learn how to whip up chicken souvlaki, zippy tzatziki, pan-seared halloumi and more.

November 16, 2023 21:53 UTC

Months after halting food aid in Ethiopia following a massive theft of aid by local officials, the U.S. Agency for International Development will restart aid donations in December. Over 20 million in the country at large need assistance with food. What happenedOn April 20, 2023, the World Food Program informed its humanitarian partners that it was suspending deliveries of food aid to the Tigray region because it had uncovered widespread theft. Drawing up lists of community members who need food will also be handled by aid agencies. “Given the significant number of people in need of food assistance in Ethiopia, we are pleased these important reforms will allow the delivery of food assistance to those who need it most.”Holly Richardson is the editor of Utah Policy

November 16, 2023 17:39 UTC

Ethiopia on Wednesday "welcomed" the announcement that the US Development Agency (USAID) would resume the delivery of food aid throughout the country, suspended in June, following the conclusion of an agreement to monitor aid distribution. "We welcome USAID's decision to resume food aid to Ethiopia. It is imperative to speed up the process of resuming food aid to reach all those in need," said Deputy Prime Minister and Minister of Foreign Affairs Demeke Mekonnen on X (ex-Twitter). In June, Addis Ababa criticized the suspension of food aid by the American agency, a decision also taken by the UN World Food Program (WFP) because of misappropriations, claiming that it "punishes millions of people". USAID had already announced in early October a limited resumption of food aid deliveries to meet the needs of thousands of refugees in Africa's second most populous country.

November 16, 2023 17:36 UTC

DUBLIN--(BUSINESS WIRE)--The "Ethiopia Data Center Market - Investment Analysis & Growth Opportunities 2023-2028" report has been added to ResearchAndMarkets.com's offering. This report analyses the Ethiopian data center market share. Data center development in Ethiopia has gained momentum with investments from notable operators like Raxio Data Centres and Safaricom, marking a steady growth trajectory for the country's data center infrastructure. The Ethiopia data center market is set to become more competitive, attracting new investors starting from 2022. A detailed study of the existing Ethiopia data center market landscape, an in-depth industry analysis, and insightful predictions about market size during the forecast period.

November 16, 2023 16:53 UTC

Bloomberg BusinessweekCarol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories of global technology, politics, economics and more by harnessing the power of Bloomberg Businessweek reporters and editors.

November 16, 2023 16:53 UTC





In 2023, though not the largest year for industrial deals, US bankers have orchestrated over $200 billion in transactions involving industrial companies, reflecting a surge in smaller deals. So far in 2023, bankers have put together more than $200 billion worth of transactions that involve at least one US industrial company, according to data compiled by Bloomberg. With a month and a half to go, US industrial companies have been involved in more than 4,000 transactions. Amphenol Corp., Dover Corp. and Idex Corp. have also announced smaller, bolt-on deals worth hundreds of millions of dollars apiece rather than billions. Industrial companies simply have more pieces to move around the game board, and each one is a potential source of financing.

November 16, 2023 16:51 UTC

from ALEXIS DOUMBIA in Abidjan, Ivory CoastIvory Coast BureauABIDJAN, (CAJ News) – THE African Development Bank Group (AfDB) has lodged a formal complaint with Ethiopian authorities following the arrest of two staff members at the end of October. The Ivory Coast-headquartered bank decried the arrest by security forces as a “very serious diplomatic incident.”There was an official explanation as to why the pair was apprehended. AfDB welcomed that the Prime Minister of Ethiopia, Abiy Ahmed, immediately acted when he learnt of the incident, ordered the immediate release of the affected staff and promised to order an immediate investigation into the incident. Furthermore, the government reassured the bank that its staff in Ethiopia and those travelling to the country on mission will continue to enjoy full respect of their rights, privileges and diplomatic immunities under the Vienna Convention on Diplomatic Relations as well as the AfDB’s Development Bank’s Host Country Agreement with Ethiopia. “The African Development Bank values its excellent relations with the government of Ethiopia and is currently engaged with the authorities, through diplomatic channels, concerning the incident,” it stated.

November 16, 2023 16:47 UTC

AFDB Group PresidentAkinwumi A. Adesina pictured with President Sahle Work Zewde on 29 Oct 2023 at the World Food Prize Dialogue in Des Moines, Iowa, two days before the detention and physical assault of two staff members of the Bank’s Ethiopia office. Local media reports indicated that one of the victims were Dr. Abdul Kamara, AfDB’s Deputy Director General for East Africa, and Ethiopia office Country Manager, leading to a decision by the Bank to allegedly suspend its office operations in Addis Abeba. However, despite several e-mail correspondences with Addis Standard, the Bank neither confirmed, nor denied the names of the victims involved. In August this year, AfDB has awarded grant funding totaling $84.3 million to Ethiopia to advance wheat production and increase farmers’ incomes. In September, the Bank’s Board of Directors has granted approval for a $104 million funding package to support a transmission project in eastern Ethiopia.

November 16, 2023 16:42 UTC

More than five weeks into Israel’s war with Hamas, Prime Minister Benjamin Netanyahu has not outlined his future vision for Gaza. Growing U.S.-Israeli FrictionsWith so many key questions left unanswered, there is a growing disconnect between Netanyahu and the Biden administration in the United States. By contrast, Netanyahu has said Israel will need to retain control over security in Gaza after the war. After the war, Netanyahu doubtless hopes to resume governing with this coalition, so he must take their interests into account when it comes to formulating a post-war plan for Gaza. And this would allow him to burnish his tarnished credentials as Israel’s security guarantor.

November 16, 2023 16:40 UTC

Anil Kumar Rai has been appointed as the next ambassador of India to Ethiopia, the Ministry of External Affairs said in a statement. Anil Kumar Rai is currently serving as the Joint Secretary in the Ministry of External Affairs. According to the MEA, he “has been appointed as the next Ambassador of India to the Federal Democratic Republic of Ethiopia.”Anil Kumar Rai is expected to take up the assignment shortly, the MEA stated. According to the MEA, India’s relations with Ethiopia have been traditionally close and friendly. However, their relations have passed through various phases, largely in response to the change in regimes in Ethiopia.

November 16, 2023 16:35 UTC

The Multilateral Investment Guarantee Agency of the World Bank (MIGA) has increased the guarantees for a 50-MW geothermal project in Ethiopia, representing the first phase of a planned 150-MW greenfield geothermal power plant. The guarantees were issued in 2021 to Tulu Moye SAS of France to cover its equity and quasi-equity investments in Tulu Moye Geothermal Operations Plc, the Ethiopian company building the geothermal power plant in Oromia Regional State, against the risks of breach of contract, expropriation and war and civil disturbance for a period of up to 15 years. The original sum of USD 67.5 million has now been increased to USD 117 million (EUR 108m), MIGA said on Wednesday. The facility will help Ethiopia diversify its energy resources beyond hydropower, which makes the country susceptible to droughts. MIGA said it also used the IDA Private Sector Window MIGA Guarantee Facility, which provides a shared first loss layer of up to USD 40.95 million, of which IDA’s share is USD 32.76 million.

November 16, 2023 16:29 UTC

Rolls-Royce (LSE: RR., ADR: RYCEY) today announces it has signed a Memorandum of Understanding for a comprehensive TotalCare service agreement with Ethiopian Airlines for 22 Rolls-Royce Trent XWB-84 engines. TotalCare is designed to provide operational certainty for customers by transferring time on wing and maintenance cost risk back to Rolls-Royce. Ethiopian Airlines became Africa's first A350 operator in 2016, and has been a customer of Rolls-Royce for many years. This order will complement the airline's existing fleet of 40 Rolls-Royce Trent XWB-84 engines. Rolls-Royce also powers the airline's fleet of 10 Boeing 787s with their Trent 1000 engine.

November 16, 2023 16:27 UTC

Ethiopia’s central bank is working on a plan to fully open the country’s banking system to foreign investment, governor Mamo Mihretu tells The Africa Report. There's more to this storyGet unlimited access to our exclusive journalism and features today. Our award-winning team of correspondents and editors report from over 54 African countries, from Cape Town to Cairo, from Abidjan to Abuja to Addis Ababa. Subscribe Nowcancel anytimeAlready a a subscriber Sign In

November 16, 2023 15:13 UTC

TIM ROBINSON FRAeS and BELLA RICHARDS provide a look at some of the most exciting news and highlights from the third day at the Dubai Air Show 2023. This Dubai Air Show coverage brought to you in partnership with AMAC AerospaceWith commercial airliner announcements slowing to a trickle, there was still much to see, do and learn at the third trade day of the Dubai Air Show. UAE Space Agency invests in young EmiratisThe UAE is keen to promote space careers to the young. (UAE Space Agency)After a relatively quiet week for space news at Dubai, the UAE Space Agency unveiled a new initiative, dubbed the ‘National Space Academy’, focused on the “acquisition and enrichment of space-related knowledge among Emirati youth”. He also opined that urban air mobility, above populated centres, would be a far harder challenge from a safety and public perception angle.

November 16, 2023 14:52 UTC

COMPARE OFFERS Move left Interactive Brokers Account Minimum $0 Fee $0 Low commission rates start at $0 for U.S. listed stocks & ETFs*. SoFi Invest Account Minimum $0 Fee $0 Active investing with SoFi makes it easy to start investing in stocks and ETFs. Yieldstreet Account Minimum $10,000 Fee 0% to 2.5% Invest in private market. Robinhood Account Minimum $0 Fee $0 No commission fees to trade stocks, options or crypto, and no account minimums to start. Rolls-Royce acknowledged its engine for the A350-1000 would need more servicing than Emirates would like, but denied Clark's suggestion that the XWB-97 engine was "defective".

November 16, 2023 14:16 UTC