- Ethiopian government has rejected the World Bank report giving it a high spot among its peers as the least developed Horn of African state in infrastructure.
A new World bank assessment conducted by Africa Infrastructure Country Diagnostic (AICD) said Ethiopia needs to invest at least US$ 5 billion every year for a decade to bring it to an acceptable level as compared to its African neighbours.
The World bank study which assessed the development projects carried out in the country up to year 2006, and presented in Ethiopia last Friday was out rightly rejected by government officials saying the findings were not the true reflection of Ethiopia, hence it should not be considered.
The World Bank report has however said Ethiopia has more growth to gain from improving infrastructure, saying the country's trunk road was of good quality despite a short length and no over paving.
Leading Economist with the World Bank Vivien Foster said maintenance funding still fall below technical norms, and this will worsen as current network age. "But we see a half investment programme represents huge and effort in GDP terms with strong focus on trunk network," she said.
She also said in international service Ethiopia was one of Africa's top three carriers with safety rankings up to international benchmark, but called for further development to support tourism.
The AICD has undertaken unprecedented data collection and analysis on the status of the main network infrastructure, including energy, information and communication technologies, irrigation, transport, and water and sanitation. The analysis encompasses public expenditure trends, future investment needs and sector performance review.
afrol News - It is called "financial inclusion", and it is a key government policy in Rwanda. The goal is that, by 2020, 90 percent of the population is to have and actively use bank accounts. And in only four years, financial inclusion has doubled in Rwanda.
afrol News - The UN's humanitarian agencies now warn about a devastating famine in Sudan and especially in South Sudan, where the situation is said to be "imploding". Relief officials are appealing to donors to urgently fund life-saving activities in the two countries.
afrol News - Fear is spreading all over West Africa after the health ministry in Guinea confirmed the first Ebola outbreak in this part of Africa. According to official numbers, at least 86 are infected and 59 are dead as a result of this very contagious disease.
afrol News - It is already a crime being homosexual in Ethiopia, but parliament is now making sure the anti-gay laws will be applied in practical life. No pardoning of gays will be allowed in future, but activist fear this only is a signal of further repression being prepared.
afrol News / Africa Renewal - Ethiopia's ambitious plan to build a US$ 4.2 billion dam in the Benishangul-Gumuz region, 40 km from its border with Sudan, is expected to provide 6,000 megawatts of electricity, enough for its population plus some excess it can sell to neighbouring countries.