Tuesday, May 12, 2026
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Former Ethiopian Electric Power CEO charged with deforestation practices at GERD site

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A total of 50 individuals have been charged in connection with deforestation practices at the Grand Ethiopian Renaissance Dam (GERD) site.
Among the individuals include, former CEO of the Ethiopian Electric Power, Engineer Azeb Asnake, and former Deputy Director General of Metals Engineering Corporation (METEC) Colonel Mulu Woldegebriel.
Engineer Azeb resigned as CEO of the Ethiopian Electric Power in August 2018.

PepsiCo joins Veris as a major shareholder in Ethiopian Crisps Company Senselet

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Veris Investments announced that PepsiCo, one of the world’s leading food and beverage companies, joins Veris as a major shareholder in Senselet Food Processing Plc in Ethiopia. Veris Investments will continue to maintain a minority interest in Senselet and partner with PepsiCo to further grow the business and develop potato sourcing programmes in Ethiopia.
Senselet, founded by Veris Investments in 2015, has a leading market position in Ethiopia with its SUN Chips brand that is being produced from locally sourced potatoes. SUN Chips is distributed in Addis Ababa and other large Ethiopian cities and available in the flavours Habesha Spice, Paprika and Natural and in various pack sizes.
Senselet’s factory, located around 65km from Addis Ababa, is a modern production facility operating in line with high food safety and quality standards. The company now employs more than 150 people. Veris Investments set up Senselet with the aim to build a business that would contribute to the development of the potato value chain in Ethiopia.
The company established strong business partnerships with local farmers over the past three years. It has been facilitating a farmer training program with the aim to increase yields and produce high quality potatoes. Partners that have substantially contributed to the success of Senselet include the Dutch Government – Netherlands Enterprise Agency, Ethiopian Institute of Agricultural Research and Wageningen University and Research. “PepsiCo shares our commitment to work with small and medium scale Ethiopian farmers as well as developing the potato value chain and sustainable farming in Ethiopia. Having PepsiCo as a partner will enable Senselet to leverage their extensive global expertise on potato cultivation, manufacturing and go-to-market capabilities as to further grow the company” said Juliette de Wijkerslooth, managing director of Veris Investments.

Asia in the global trade

History book well recorded the fact that a millennium ago, the Asian world was a place of great empires and large capital cities. In Southeast Asia were the kingdoms of Srivajaya, Pagan, Angkor, Champa and Dai Viet. China went through dynastic changes but was strongly linked to the rest of Asia. India had empires as well such as the Kushans, the Sultanates and the Mughals based at Delhi, as well as the Cholas and Vijayanagara in the south. Likewise, Central Asia had Genghis Khan’s empire, the largest the world has ever known, and it had the empire of Timur.
Stewart Gordon, in his 2008 published memoir entitled “When Asia Was the World: Traveling Merchants, Scholars, Warriors and Monks Who Created the ‘Riches of the East’” stated that the populations of these realms were, in many cases, larger than the whole of Western Europe. Asia was a vast world of contrast, from deserts to mountains, from monsoon rain forest to dry plains. It held a bewildering variety of cultures and languages of the likes of many local religions and varieties of Buddhism, Islam and Hinduism that spread across wide regions.
But it was its networks that made the great Asian world unique. Bureaucrats, scholars, slaves, ideas, religions and plants moved along its intersecting routes. Family ties stretched across thousands of miles. Traders found markets for products ranging from heavy recycled bronze to the most diaphanous silks. Asian empires tended to promote linkages and connections to other kingdoms in several ways. Often their own territories crossed “natural” ecological boundaries and brought together regions and societies in unexpected ways.
As Stewart Gordon noted, a millennium ago, the Kushans, the Afghans and the Mughals established empires that successfully ruled both sides of the formidable Himalayas. The South Indian Chola kingdom built a navy and conquered the islands of Sri Lanka, Java, and Sumatra, politically tying together India and Southeast Asia. Genghis Khan ruled both the steppe and large areas of agricultural China.
Administrative continuities generally promoted trade between ecologically different regions: the trade in horses from the steppe to the plains of India, in rice from south to north China, in steel from Damascus to Afghanistan. The big states also produced widely used currencies, such as Chinese cash and silver dirhams, and established standards for normalising local weights and measures.
They also frequently organised postal systems for reliable communication. One could send a letter from Mangalore and have it arrive in Cairo in slightly over a month. A letter of introduction went from the far western border of India to Delhi and back in less than two months. Although the big capital cities such as Delhi, Beijing, Baghdad, Vijayanagara, were impressive and often many times the size of any European city of the time, the importance of medium-sized cities cannot be overemphasised.
These empires, by and large, rose by the expansion of power of a regional family based in a medium-sized city their regional capital. When empires fell, they generally devolved into regional successor states. The regional capitals usually not only survived, but also they thrived. Medium-sized cities thus remained long-term sources of demand, learning, and patronage, and in addition, they produced the bureaucrats necessary to run an empire.
Cities, large and small, needed basic food, fabric, fuel and building materials. The elite of these cities attracted the more sophisticated trade goods of the Asian world. The Chinese urban elite generated an almost insatiable demand for ivory, both African and Southeast Asian, which found its way into religious statues, pens, fans, boxes and the decoration of furniture.
According to Stewart Gordon, their demand for the most aromatic incense in the world was filled by incense logs and bushes from Southeast Asia and India. The demand for elegant clothes and beautiful colours in population centres of the Middle East, India and Southeast Asia pushed discovery of and trade in new plant dyes. The urban centres were also places of specialized manufacture that created trade opportunities and employment for these skills. Cities produced books, artwork, fine fabrics, sophisticated musical instruments, jewellery and scientific instruments, all of which were in demand throughout the Asian world.
Syria’s capital Damascus developed steelmaking to such a high art and in such quantity that traders brought its products to all parts of the Asian world. Damascus blades were just as ubiquitous in Indonesia as they were in Central Asia. China produced prodigious quantities of ceramics that were traded across the Asian world, from the Philippines and Japan to the west coast of Africa. Trade mattered. The volume and variety of trade affected much of the population of the great Asian world.
Tropical spices and medicines moved north to the plains of India, west into the Middle East and east into China. These medicinal plants were not “discovered” by doctors in cities, but much less by the traders who brought them. These spices and medicines were first discovered by the forest dwellers who experimented with their local profusion of plants. The great Asian world included not just traders and courts but reached deep into the forests of Southeast Asia, the hills above the Malabar Coast, and the pearl beds of Sri Lanka.
Stewart Gordon noted that trade served the spread of the universalising religions. Ritual objects and books of both Buddhism and Islam came from specialized centres and moved along both water routes and caravan routes to Tibet, Central Asia, Southeast Asia and China. Trade in the great Asian world included the exotic, the prosaic and everything in between. At one extreme, a giraffe was somehow transported from Africa to the imperial court of China.
At the other extreme, fish paste produced on the coast of Thailand and ordinary Chinese iron cooking pots were regular, profitable items traded to the islands of Southeast Asia. Rice, the most prosaic of foods in India, China and Southeast Asia, became a high-status food across the steppe world. Every ship and every caravan carried a range of goods from the precious to the mundane.

FORECAST ON ETHIOPIA ART SCENE 2020

As Ethiopia continues to prepare and/or participate in the advancement of an art industry, the Galerie Mamadoula blogger shares food for thought. “The Nigerian Art Market Report, published in 2018 indicates that the value of artworks created by Nigerian artists has risen from $3.8 million in 2015 to $7.2 million in 2018. A thriving art scene, combined with the increase of the perceived value of the works created by artists associated with that scene, is never a byproduct of just one social force. Hence, such a significant increase in value of the artworks produced by Nigerian artists is not a coincidence. In fact, it is a consequence of the dedicated effort made by private art institutions like, Foundation Blachère, The Nubuke Foundation or the Zinsou foundation, as well as curators and art collectors to build an internationally recognized contemporary art scene.” Interesting.
In the case of Ethiopia’s contemporary art scene, there are a couple of diverging schools of thought that can either drive or delay development. One end of the spectrum is the dated Euro-centric conception of “art for art sake”, embracing the notion of the “suffering artist”. At the other end is the new notion that galleries are the way to go with a dealer who can manage, promote and sell for the artist so they stay in the studio creating. Obviously, there are also middle ground and converging positions. But art is not about right or wrong in my estimation, and we must always speak truthfully acknowledging artists as dignified and important proponents who mark space, time and circumstance. And in the historic African context we know them to be healers, noble and essential.
What does the 21st century or for that matter 2020 look like in Ethiopia for art? Will boundaries be pushed by artists, galleries and institution that are not self-serving but working for the greater good of an industry? Will the public and private sector make commitments, realizing numbers don’t lie and whether you like of buy art or not? Will we accept that Ethiopian culture is best promoted and protected through art? Do we realize that the contemporary art of today is the ancient art of the 22nd century and what we do today will reflect on our society? Can the concept of Foundations be a gap-filler in Ethiopia?
“Establishing an art market on the African continent has long been a challenging task, due to a myriad of cultural, economic and social factors. The lack of funding for art in many of the continent’s nations has sparked an unintentional response, as new privately-owned art foundations have emerged across the continent. Even though the art market in Africa is still in its infancy, a number of art foundations, that present the work of artists from Africa locally and on the global scale have emerged in the last few decades. The contemporary art museums, galleries and art foundations that support artists through exhibitions, grants and residencies have largely contributed to the creation of a booming art scene on the African continent. However, it remains to be seen for how long these organizations can keep African contemporary art hotter than gold. However, the contemporary African art scene is not strictly confined to the African continent, since the art markets in countries like France, Britain and the United States have opened their doors to their African heritage and to the artists who were born on this continent. In 2019, names like Seydou Keita, Julie Mehretu or Zwelethu Mthethwa are commonly heard at auction houses around the world.” The blogger, Koyo Kouoh is an independent curator and cultural producer born in Cameroon and studied business administration in Europe before moving to Dakar, Senegal in 1996 to work in the creative sector. She also established RAW Material Company, contemporary arts center in 2008.
So as we prepare for 2020, enjoying the benefits of two New Years thanks to our Ethiopian calender, I invite you to become more aware and support the growing contemporary arts scene in Addis Abeba in particular. Next year is already shaping up with great shows through out the year from LEFT HAND by Prince Merid Tafesse at Alliance Ethio-Francaise February 10th to Aida Muluneh’s landmark Addis Foto Fest on December 3rd. It’s well worth the effort as art contributes intellectually, socially, economically; not to mention aesthetic value to be provided for the thousands of new buildings and homes popping up like mushrooms around town. So I will look for you in the near future and New Year, toasting to the success of a dynamic contemporary art scene that may just rival Lagos, one day, after all, anything is possible. Happy New Year!

Dr. Desta Meghoo is a Jamaican born
Creative Consultant, Curator and cultural promoter based in Ethiopia since 2005. She also serves as Liaison to the AU for the Ghana based, Diaspora African Forum.