African Perspectives Debunks Biases, Maps Shifting Global Terrain


African Perspectives Debunks Biases, Maps Shifting Global Terrain

The growth of extremism across Africa was indicated as an alarming development, at the first of what will become a monthly gathering centred around global challenges and emerging geopolitical trends hosted by the Belgian Embassy. A need to revise European biases in viewing Africa as a country and not a continent, its residents as passive victims, its leaders as representatives of their people and the self-perception of 'good samaritan' by Westerners was forwarded. As part of the "Geopolitical Conversations in Addis Abeba" series, two professors from the Egmont Institute of International Relations highlighted the evolving dynamics of politics, trade and an increasingly multipolar world, which inspired lively discussions under Chatham House Rules. Participants s The discussion last week pitted the demerits of Western policy, marked by high-interest loans to developing countries in Africa, to the infrastructure targetting adjustable loans that China provides. Ideas revolved around pressures on the existing world order, which was birthing a new balance of power marked by a shift from the post-Second World War domination of the West and the recent reshuffle in trade dynamics caused by the Russo-Ukraine war.


Radar

Coffee Exports Bring in $1.5B in Third Quarter

Ethiopia has earned 1.5 billion dollars from coffee exports over the nine months of the fiscal year. The country had set a target to earn a little over a billion dollars by exporting 201,959tns of coffee during the same period. According to Adugna Debella (PhD), director general of the Ethiopian Coffee & Tea Authority, the export strategy continues to focus on major international markets, with the top 10 destinations, including Saudi Arabia, Germany, and the United States (SU), accounting...


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Central Bank Holds Fourth Exchange Auction

The National Bank of Ethiopia(NBE) sold one dollar for 131.4961 birr in its recent auction. It was reported that 26 banks participated in this auction, which took place last week on Thursday. In a statement issued by the National Bank  following the auction, it was indicated that 70 million dollars was offered for the event. Subsequently, it was reported that 96 pc of the foreign exchange needs of the participating banks were met. In the previous auction, held 15 days ago, the bank had of...


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City Registers 64,075 Births in Fiscal Year

The city has exceeded its birth registration target for the first nine months of the fiscal year, registering 64,075 children—71.15pc more than the set goal of 58,342. This success, with a registration coverage rate of 109.63pc, is largely attributed to the efficiency of the one-centre birth registration service system, which has been rolled out across health centres and courts. The total number of vital events registered, including births, adoptions, marriages, divorces, and deaths, reache...