Add IOL as a preferred source on Google

    What ‘China Opportunity 2.0’ Could Mean for Africa

    Chloe Maluleke|Published 1 hour ago Late last month in Dalian, at the World Economic Forum’s Annual Meeting of the New Champions, Premier Li Qiang used a phrase that has been circulating in policy circles ever since: China opportunity 2.0. He was pushing back against a more pessimistic label some Western commentators have started using, (China…

    Read More
    TOPSHOT - US Air Force Thunderbirds and the US Navy Blue Angels perform a flyover during the National Anthem at UFC Freedom 250 on the South Lawn of the White House, in Washington, DC, on June 14, 2026. (Photo by Win McNamee / POOL / AFP via Getty Images)

    US Announces Targeted Visa Restrictions for Some Ethiopians

    WASHINGTON, June 18 (Reuters) – The U.S. ⁠State ⁠Department announced visa ⁠restrictions targeting people it said were undermining ​peace in Ethiopia on Thursday, focused on hardliners in the ‌Tigray People’s Liberation Front ‌and their immediate family members. “Rising tensions between Tigray ⁠People’s ⁠Liberation Front (TPLF) hardliners and the Ethiopian government have threatened ​to reignite the…

    Read More
    Seagulls are pictured at the Baltic Sea beach in Timmendorfer Strand, Germany, on a sunny Sunday, April 12, 2026. (AP Photo/Michael Probst)

    Tigray Party to Restore Pre-War Administration, Jeopardising Northern Ethiopia Peace

    NAIROBI, April 20 (Reuters) – Tigray’s main political party said it was taking back ⁠control ⁠of the region’s government, effectively voiding a peace ⁠deal with Ethiopia’s federal government that ended one of the century’s deadliest conflicts. The Tigray People’s Liberation ​Front (TPLF) made the statement in a Facebook post on Sunday, accusing the federal government…

    Read More
    Inside Ethiopia’s Aggressive EV Revolution

    Inside Ethiopia’s Aggressive EV Revolution

    As the first country in the world to ban the import of petrol and diesel vehicles, Ethiopia is creating the blueprint for electric vehicle (EV) uptake, supported by favourable government policies. It is one of several African countries to be introducing incentives to encourage EV uptake as a means of reducing fuel dependency and supporting…

    Read More
    Yahoo news home

    Thousands gather for Ethiopia’s thanksgiving festival

    ADDIS ABABA, Ethiopia (AP) — Thousands gathered in Ethiopia’s capital, Addis Ababa, on Saturday for the East African country’s thanksgiving festival, which is celebrated annually by the largest ethnic group, the Oromos, who were donning mostly white traditional attire. The Irreecha festival is held to thank God, whom the Oromos call Waaqa. Some still practice…

    Read More
    From builder to banker: How China became the world’s top creditor

    From builder to banker: How China became the world’s top creditor

    Over the past two decades, China has become the world’s largest bilateral lender, reshaping the global financial order. Through massive infrastructure financing programs—especially under the Belt and Road Initiative (BRI)—Beijing has extended loans worth hundreds of billions of dollars to developing and emerging economies. For many nations, these loans have fueled rapid infrastructure development: railways,…

    Read More
    Yahoo news home

    Will China step in as Egypt and Ethiopia spar over Beijing-backed Nile mega dam?

    The launch of a divisive multibillion-dollar mega dam on the Nile River has sparked a tense diplomatic battle between Ethiopia and Egypt, with Cairo denouncing it as “an unlawful unilateral act” and protesting to the United Nations Security Council. During an inauguration ceremony on Tuesday, Ethiopian Prime Minister Abiy Ahmed described the US$5 billion Grand…

    Read More
    Africa's Largest Hydroelectric Dam to Power Ethiopia

    Africa’s Largest Hydroelectric Dam to Power Ethiopia

    Ethiopia will inaugurate Africa’s biggest hydroelectric dam on Tuesday, which could power homes and industries across East Africa. The Grand Ethiopian Renaissance Dam’s operation has deepened tensions with downstream nations Egypt and Sudan over how to manage the Nile — the main source of fresh water for more than 100 million people. Bloomberg’s Jennifer Zabasajja…

    Read More