Ethiopia-to-Djibouti Rail to Be Complete in a Year, PM Says
William Davison, Oct 17 An electrified rail link from Ethiopia’s capital along its main trade route to neighboring Djibouti will be completed by October 2015, Prime Minister Hailemariam Desalegn said. The Railways Corp. project, funded with a $1.6 billion advance from the Export-Import Bank of China and by Ethiopia’s government, is half complete, he […]
Read More →World Bank Support for “Development” by Force
“Soldiers came and asked me why I refused to be relocated,” a 20-year-old Ethiopian told me in September at a refugee camp in Kenya. “Ojod,” not his real name, was still visibly shaken from the horror he had left behind: “They started beating me until my hands were broken… I ran to tell [my father] […]
Read More →South Africa income inequality highest in the world
A new report published by the World Bank has revealed that South Africa is facing a growing divide in income inequality since the fall of Apartheid. Gini coefficient, an international measure of income inequality, revealed the country’s level of inequality was the highest in the world at 0.70 in 2008, the World Bank said. “The […]
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