Kamala Harris: “Confident, Principled & Presidential”, the The New York Times describing her acceptance speech Thursday night in Chicago. MY VIEW: As Democrats we were in despair 4 weeks ago. Now, we have a good chance of winning in November. Let’s stay focused & work hard next 75 days.

“Man behind Nigeria Air tells his own story” My interview with Vanguard, one of the top newspapers in #Nigeria. Link to read: vanguardngr.com/2024/08/man-be… #Ethiopia #Kenya #SouthAfrica

“Nigeria’s aviation sector on life support & may not survive” - CEO, United Nigeria Airline. Source: The Sun Nigeria How ironic! United #Nigeria & Air Peace led the “successful” effort (lawsuit, media campaign, etc) to block #Nigeria Air from taking-off. Nigeria Air would

#Ethiopia’s economic reform was the topic of a great panel discussion hosted by the Ministry of Trade & Regional Integration (MOTRI). Highlights: · “Made in Ethiopia” and “Buy Ethiopian” · Increasing domestic production, productivity and competitiveness · Supporting the growth

World’s 4 largest GDPs, trillions, US$ 1. China $41.9 2. U.S. $37.2 3. India $22.2 4. Indonesia $6.3 Africa’s 4 largest GDPs 1. #Egypt $3.5 2. #Nigeria $3.4 3. #Ethiopia $1.6 4. #SouthAfrica $1.4 Global GDP: $227.9 EMs >DMs Source: Goldman Sachs, by 2050, via Visual Capitalist

Top 10 African cities GDP by 2035, billions, US$ 1. Cairo $400 2. Johannesburg $250 3. Lagos $150 4. Cape Town $110 5. Alexandria $100 6. Addis Abeba $90 7. Casablanca $80 8. Dar es Salaam $80 9. Abijan $75 10. Durban $70 #Ethiopia #Tanzania #Nigeria Source: The Economist

#Ethiopia’s banks must consolidate to create 5 very large ones that are highly efficient & competitive as the banking sector reforms. Currently there are 32 banks in the country and only CBE is classified as large by the central bank. Watch the ETV report.

ShegerFM’s YouTube broadcast of more than 1.0 hour covered wide ranging economic topics. Here’s a brief highlight of my views why M&A (mergers & acquisition) is needed amongst #Ethiopia 31 private commercial banks. Full interview on YouTube: youtu.be/FTKKTsvpalc

Interviewed by Nigerian TV about #Nigeria Air. @TV360 Discussed how two local airlines, on the verge of bankruptcy - Air Peace and United Nigerian - terrified of competition, blocked Nigeria Air’s takeoff despite approval by the FEC (cabinet) chaired by the President of Nigeria.

Could manufacturing T-shirts be the way to industrialize in Africa? Yes. We successfully manufacture high-quality clothing in a large modern factory in #Ethiopia for export to Europe. Our experience indicates that for African clothing manufacturing to be sustainably

Effective today, September 3, 2024, Ethiopian Airlines (ET) stopped flying to #Asmara, #Eritrea from Addis Abeba, #Ethiopia. See post below by ET. OAG’s airline schedule data shows that there’s already limited international air service to/from Asmara and ET’s pullout will

Honored to be a new member of “Harvard Business Review (HBR) Advisory Council”. Harvard Business Review HBR is a leading management magazine for global leaders & an affiliate of Harvard Business School. As a member I’ll provide insight on cutting-edge ideas about strategy, leadership,

#Ethiopia’s banks simplifying remittance transfers leveraging fintech & also competing on rates. This follows the central bank’s policy to float the currency & let the rates be market determined. Expect significantly more remittances via banks compared to previous periods.

A very innovative 100 billion birr (~$960 million) remittance initiative launched for Ethiopians abroad under the guidance of the central bank, National Bank of Ethiopia. The initiative, to be implemented by all banks in #Ethiopia, is designed to encourage the 3.5 million Ethiopians abroad to