NAIROBI, Kenya, March 10 (UPI) -- East Africa is
emerging as the next oil boom following a big strike in Uganda's Lake
Albert Basin. Other oil and natural gas reserves have been found in
Tanzania and Mozambique and exploration is under way in Ethiopia and
even war-torn Somalia.
The region, until recently largely ignored
by the energy industry, is "the last real high-potential area in the
world that hasn't been fully explored," says Richard Schmitt, chief
executive officer of Dubai's Black Marlin Energy, which is prospecting
in East Africa.
The discovery at Lake Albert, in the center of
Africa between Uganda and the Democratic Republic of Congo, is estimated
to contain the equivalent of several billion barrels of oil. It is
likely to be the biggest onshore field found south of the Sahara Desert
in two decades.
The
African Ambassadors’ Spouses Group in Addis Ababa (AASG), Ethiopia, and
the African Union Commission (AUC) will on Saturday 13 March 2010, from
09 am to 17 pm, jointly organising a bazaar dubbed "Charity Bazaar", in
the compound of the headquarters of the African Union Commission in
Addis Ababa, Ethiopia.
The bazaar is aimed at raising funds for
humanitarian aids to the needy in Ethiopia. It will bring together NGOs
dealing with humanitarian issues, Representatives of AU Members States
Embassies based in Addis Ababa, the Diplomatic international and
continental communities, students amongst others.
Stratex International (AIM: STI) reported on the
progress made in the full year 2009 today, which included three
alliances to fast-track its four major projects in Turkey, new targets
defined at the Oksut project and expansion into Ethiopia.
The
company stated it has achieved the goal of guiding the business through
the financial crisis and making it stronger than at the beginning of the
downturn, increasing its portfolio of gold assets in Turkey and
Ethiopia to 1.17 Moz (million ounces) across all categories of JORC
standard. With the new partnerships in Turkey, the company has attracted
US$15.5 million to fast-track its projects in that country.
The Council of Ministers decided on March 5, 2010, to
establish the Information and Communication Technology Park Corporation
with a capital of five billion Birr.
The directive for the
establishment was approved by the council after it deliberated on the
proposal of the Information and Communication Technology Development
Agency (ICTDA). Its starting capital far supersedes the capital of both
the Housing Development and Railway corporations, each of which started
out with three billion Birr.
“We believe that it will elevate the
development of ICT in Ethiopia,” said one of the officials who attended
the meeting.
An Ethiopian scientist residing in the United States
is involved in a hi-tech research development that
could revolutionise the way computers communicate
and significantly reduce the energy they use, The
Wall Street Journal reported.
Solomon Assefa, a doctoral graduate of the
prestigious Massachusetts Institute of Technology
(MIT), is one of the three researchers working at
the International Business Machines (IBM) Corp,
whose work will soon be published in the scientific
journal Nature, according to the newspaper.
The three scientists are claiming an important
advance that could change the way computer chips
communicate, sharply boosting speed while lowering
energy consumption.
The goal is to use pulses of light rather than
copper wires to exchange information between chips
and to build the needed components out of silicon
rather than costly, esoteric materials. IBM’s
advance involves a key component called an avalanche
photo detector, which converts light into
electricity. The researchers say they used silicon
and the element germanium to create a photo detector
that is among the fastest and least power-hungry of
its kind.
IBM is not alone in the pursuit. Researchers at
universities and companies including Intel Corp and
start-up Luxtera Inc have also been working on
improving chip performance using siliconbased
optical components.
“This is the next wave of computing,” said Richard
Doherty, an analyst at market research firm
Envisioneering Group and a patent holder in optical
communications. “By 2020, it may be the dominant way
Google, governments, banks and other large users are
doing their computing.”
Optical communications involve encoding information
on streams of light particles generated by lasers.
The technology uses thin glass fibres rather than
bulky cables, yet creates connections that allow
more data to flow at higher speeds.
Such benefits are the reason long-distance telephone
wires were replaced with fibre-optic cables, a
technology developed in the 1970s. Companies like
Luxtera already sell silicon based optical devices
for linking computers. Researchers are racing to
miniaturise optical components so they can be built
into microprocessors.
Intel has built a series of optical components from
silicon and related materials, including a prototype
avalanche photo detector it announced in December
2008. IBM says its version can detect 40 gigabits of
data a second – four times the speed of Intel’s –
and operates at 1.5V rather than 30V.
“That can save a huge amount of power,” said Yurii
Vlasov, the lead scientist of the IBM research.
IBM’s photo detector can detect weak pulses and
amplify them without adding unwanted noise, a
previous problem with the technology, he said. The
company, which used germanium in a different way
than Intel, says it reduces noise by 50pc to 70pc
compared to existing avalanche photo detectors.
Mario Paniccia, director of Intel’s photonics
technology lab, called IBM’s advance another sign of
progress in the field.
“As a scientist, I think this is all great,” he
said. “It just drives more competition.”
Vlasov said it could be five years before the
technology makes its way into chips for high-end
server systems. It could take another five years
before it is used in consumer products such as cell
phones or videogame players, he said.
The name Nick Page might not be
as well-known as Paul Simon, Damon Albarn or Ry Cooder. But the British
music producer, who was best known as one of the main players in world
fusion dance band Transglobal Underground from the early 90s, has a
similar intrepid spirit when it comes to discovering music from around
the world.
While Simon went to South Africa to record 1986's
Graceland, and Albarn travelled to Mali, with Cooder making world-wide
stars of the Cuban players of Buena Vista Social Club, Page went to
Ethiopia.
Teddy Afro is nominated for Outstanding Contribution to World Music by INTERNATIONAL REGGAE & WORLD MUSIC AWARDS. Please go to the link below and vote. Read question # 30!!!
Two Ethiopians, supermodel Liya Kebede and journalist and visiting scholar at Stanford university, Abebe Gellaw, are named among the Young Global Leaders honorees.
In a press release it issued today, the World Economic Forum noted that the honor was bestowed on 197 Young Global Leaders who were selected from a pool of nearly 5000 nominees from around the world for their “professional accomplishments, commitment to society and potential to contribute to shaping the future of the world.”
International shortwave radio monitors have confirmed that VOA broadcasts in the Amharic language are being jammed. Amharic is the main official language and the language of commerce in Ethiopia.
VOA representatives in Ethiopia have been received complaints from listeners about noise drowning out its Amharic Service broadcasts. People trying to tune in can hear occasional snippets of the VOA broadcast covered by a loud crackle.
The static began February 22 on all five VOA shortwave frequencies aimed at East Africa in the 25 and 31-meter shortwave bands.
Bob Geldof has lashed out at British media claims that millions of dollars raised by Band Aid were diverted to Ethiopian rebels who used the cash to buy weapons.
A former Ethiopian rebel commander told a BBC radio program that 95 per cent of aid money donated to help victims of the 1985 Ethiopian famine was siphoned off, The Times online reports.
In response to the allegations, an outraged Geldof told The Times that “it would be a f***ing tragedy” if the people stopped giving to charity because of allegations made by the same broadcaster that inspired him to fight poverty and hunger in Africa.
Millions of dollars in Western aid for
victims of the Ethiopian famine of 1984-85 was siphoned off by rebels to
buy weapons, a BBC investigation finds.
Former rebel leaders
told the BBC that they posed as merchants in meetings with charity
workers to get aid money.
They used the cash to fund attempts to
overthrow the government of the time.
One rebel leader estimated
$95m (£63m) - from Western governments and charities including Band Aid -
was channelled into the rebel fight.
The CIA, in a 1985 assessment entitled Ethiopia: Political and
Security Impact of the Drought, also alleged aid money was being
misused.
Its report concluded: "Some funds that insurgent
organisations are raising for relief operations, as a result of
increased world publicity, are almost certainly being diverted for
military purposes."
An exhibition entitled “Empty Rooms” is being shown at Alliance
Ethio-Française through March 1.The exhibit organized jointly with the
Goethe Institut comprises of more than 30 oil paintings by a
Berlin-based Ethiopian artist Engedaget Legesse.
March
2 (Bloomberg) -- An Ethiopian opposition candidate was stabbed to death
by six unidentified men in an attack described by government opponents
as part of an intimidation campaign by the ruling party ahead of
elections in May.
Aregawi Gebre-Yohannes was killed this morning
at a restaurant he operates near his home in the northern region of
Tigray, Gebru Asrat, chairman of the Arena party, said in a phone
interview today from Addis Ababa, the capital. Communications Minister
Bereket Simon, a member of Prime Minister Meles Zenawi’s Ethiopian
People’s Revolutionary Democratic Front, said the killing wasn’t
politically motivated.
Relatives
of passengers killed in an Ethiopian Airlines crash in Lebanon earlier
this year have filed a multi-million dollar lawsuit in a U.S. court
against plane-maker Boeing, their attorney said Tuesday.
"We
have filed a lawsuit in Chicago, Illinois, against the Boeing company,"
Manuel von Ribbeck, of the U.S. firm Ribbeck law, told AFP.
An
Ethiopian Airlines Boeing 737-800 went down minutes after taking off
from Beirut in bad weather on January 25, killing 83 passengers and
seven crew. The cause of the crash has not been announced.