Ethiopia’s economy doing very well in terms of growth, says IMF chief (Dec 14, 2017)

Prime Minister Hailemariam Dessalegn held discussion with Managing Director of the International Monetary Fund (IMF), Christine Lagarde, on various issues of mutual concern today. The Managing Director arrived in Addis Ababa for an official visit yesterday. Speaking about the objective of her visit, she said “I am here to better understand the economic development model which has been implemented in Ethiopia.” This morning, the Managing Director also conferred with President Mulatu Teshome at the National Palace. Lagarde told journalists after the discussion that “we had a very productive discussion about the Ethiopian economy, which is doing very well in terms of growth and which is clearly at the juncture where it is looking at alternative drives of growth.” more

Ethiopia widens economic lead in East Africa (Dec 14, 2017)

Ethiopia continues to widen its lead as the fastest growing economy in East Africa, Kenya’s The Standard reported. Latest economic data by the Institute of Chartered Accountants in England and Wales (ICAEW) showed Ethiopia as the region’s largest contributor to growth during the turbulent fourth quarter period of 2017. Ethiopia recorded a massive 7.1 per cent growth in GDP over the last four months of 2017 against Kenya’s 4.6 per cent that was adjusted downwards to reflect challenges arising from a long drought and a general election. more

US-AU High Level Dialogue and Ministerial to take place in Washington, D.C (Nov 14, 2017)

The United States (US) -African Union (AU) High Level Dialogue and Ministerial will take place November 16-17 in Washington, D.C. Upon the invitation of the US Secretary of State Rex Tillerson, 37 Foreign Ministers from throughout Africa, including AU leadership will participate at the high level discussions, Donald Yamamoto, Assistant Secretary of State for Africa said in a telephone media briefing yesterday. more

Ethiopia attracts half a billion US dollars FDI in first quarter (Nov 09, 2017)

Ethiopia attracted half a billion US dollars foreign direct investment (FDI) in the first quarter of this Ethiopian fiscal year (2017/18), said the Ethiopian Investment Commission (EIC). more

Ethiopian to link Buenos Aires with Africa (Nov 08, 2017)

1b11bb6bbff332ee493f79f7a72fe111_MAfrica’s largest airline group, Ethiopian Airlines, announced that it has finalized preparations to start five weekly flights to Buenos Aires, Argentina, as of March 8, 2018. Buenos Aires is the world’s capital of Tango, home of centurion old buildings and a vibrant cultural scene. Argentina is one of the largest economies in Latin America and Buenos Aires is the 2nd largest city in South America with a population of over 13 million. more

Ethiopian FM briefs Addis-based diplomats on current affairs (Nov 07, 2017)

Foreign Minister Dr. Workneh Gebeyehu today briefed Addis-based diplomats on current situations in Ethiopia. In his briefing, he gave particular emphasis on the recent irresponsible clashes in Oromia and Ethiopian Somali regional states, unrest in some parts of Oromia and the recent devaluation of Ethiopian birr among others. Dr. Workneh underscored that clashes in Oromia and Ethiopian Somali regional states were instigated by rent-seeking groups who wanted to take advantage of minor conflicts. more

Ethiopia attracts half a billion US dollars FDI in first quarter (Nov 09, 2017)

Ethiopia attracted half a billion US dollars foreign direct investment (FDI) in the first quarter of this Ethiopian fiscal year (2017/18), said the Ethiopian Investment Commission (EIC). more

Gov’t Taking Great Initiative to Advance Democracy: Diplomats (Nov 08, 2017)

Diplomats of different foreign countries residing in Ethiopia commended the government’s initiative towards advancing democratic system in the country. The diplomats whom ENA has talked to following the briefing by the Foreign Minister about current situations of the country on Tuesday praised the ongoing political reforms towards widening the political space. more

Ethiopia receives global ‘Star Reformer Award’ from the World Bank Group (Oct 27, 2017)

The World Bank Group has granted a global ‘Star Reformer Award’ to the Government of Ethiopia for its effective foreign direct investment (FDI) related reforms and the resulting success. According to a press release the Ethiopian Investment Commission (EIC) sent to EBC, a high-level Ethiopian delegation headed by Dr. Arkebe Oqubay, a minister and Special Adviser to Prime Minister Hailemariam Desalgne, received the award at the World Bank Group Investment Competitiveness Forum held in Vienna same day. Presenting the award, the World Bank Group appreciated the high-level political commitment the Government of Ethiopia has demonstrated towards FDI attraction and facilitation through the realization of targeted policy reforms. more

Renewable Energy Solution Ethiopia Program Launched (Oct 03, 2017)

Renewable Energy Solution for Africa (RES4Africa) Ethiopia Program was launched here today. RES4Africa President, Antonio Cammisecra said the objective of the program is to engage in dialogue with government and private institutions in Ethiopia to build up a fair business environment for implementation of renewable energy projects. more

UNSC adopts draft resolution on reform of UN peacekeeping tabled by Ethiopia (Sept 20, 2017)

The United Nations Security Council (UNSC) today unanimously approved the draft resolution on the reform of United Nations peacekeeping tabled by Ethiopia. It was co-sponsored by all members of the Council. Members of the Council approved the resolution at the High Level Open Debate held in New York under the Chairmanship of Ethiopia’s Prime Minister Hailemariam Desalegn. more

Irrecha Celebrated Colorfully (Oct 01, 2017)

The Irrecha festival of the Oromo people celebrated colorfully at the resort town of Bishoftu, 42km south-east of Addis Ababa. Wearing traditional clothes, devotees who have been arriving at the town since Saturday, gathered at Lake Hora Arsedi, where the celebration takes place, since 5 am in the morning. Led by the Aba Gedaas, leaders of the traditional social stratification system of the Oromo, the devotees expressed gratitude for Waqqa (God) at the lake side. The Aba Gedaas carried out the rituals in offering prayers in thanksgiving for the past and wishing the best for the future as well as blessing the crowd gathered for the festival. more

PM Hailemariam urges for integrated support to mitigate climate change (Sept 21, 2017)

Prime Minister Hailemariam Desalegn urged the need for integrated support for developing countries to help them mitigate and adopt climate change. In his remarks on the climate vulnerable forum held at the sidelines of the 72nd General Assembly, the Premier said countries like Ethiopia need to be supported to mitigate and adopt impacts of climate change that has been hindering them from realizing development plans.. more

USAID launches $40mln Community HIV Care, Treatment project in Ethiopia (Sept 20, 2017)

The U.S. Government, through the U.S Agency for International Development (USAID), yesterday announced the launch of the five-year, 40 million US dollars Community HIV Care and Treatment project. Through the project, USAID aims to contribute to the 90-90-90 global goals, which are 90 percent of people living with HIV diagnosed, 90 percent of diagnosed people on antiretroviral treatment (ART) and 90 percent of people in treatment with fully suppressed viral load by 2020 in Ethiopia.  more

World Bank provided new credits for trade logistics and industrial competitiveness in Ethiopia

The World Bank’ Board of Executive Directors approved an International Development Association credit of $50 million for the National Quality Infrastructure (NQI) Development Project in Ethiopia, aimed at improving the competitiveness of Ethiopian industries. It will support the Government of Ethiopia’s efforts to develop the country’s standardization practice, metrology, accreditation, and conformity assessment services, inspection, testing, and certification. more

የደቡብ ብሄሮች ብሄረሰቦች እና ሕዝቦች ክልላዊ መንግስት ፕሬዚዳንት ከሎስ አንጀለስ ከተማ የዳያስፖራ አባላት ጋር ያደረጉት ውይይት አደረጉ

የደቡብ ብሄሮች ፣ብሄረሰቦች እና ሕዝቦች ብሄራዊ ክልላዊ መንግስት ፕሬዚዳንት ክቡር አቶ ደሴ ዳልኬ የተመራ የልዑካን ቡድን ነሃሴ 13 ቀን 2009ዓም የሎስ አንጀለስ የኢፌዲሪ ቆንስላ ጄኔራል ፅ/ቤት ባዘጋጀው መድረክ ላይ በመገኘት በሎስ አንጀለስ ከተማና እና ሌሎች አጎራባች ከተሞች ነዋሪ ከሆኑ ኢትዮጵያውያን እና ትውልደ ኢትዮጵያውያን የክልሉ ተወላጆች ጋር ውይይት አድርጓል፡፡
በውይይቱ መክፈቻ ስነስርዓት ላይ በሎስ አንጀለስ የኢፌዲሪ ቆንስላ ጄኔራል ፅ/ቤት ቆንስል ጄኔራል አቶ ብርሀነ ኪዳነማሪያም ባደረጉት የእንኳን ደህና መጣችሁ ንግግር በደቡብ ብሄሮች፣ ብሄረሰቦች እና ሕዝቦች ብሄራዊ ክልላዊ መንግስት ርእሰ ብሄር የተመራው ልዑካን ቡድን በአሜሪካ የተለያዩ ግዛቶች ውስጥ ነዋሪ የሆኑ የማህበረሰቡን አባላት ለማወያየት መምጣቱን አመስግነው የክልሉ ተወላጅ የዳያስፖራ አባላትም ቆንስላ ጄኔራል ጽ/ቤቱ ባደረገላቸው ጥሪ መሰረት በውይይቱ ላይ ለመሳተፍ መታደማቸውን በማድነቅ ውይይቱን አስጀምረዋል።1

በውይይቱ ላይ በሎስ አንጀለስ፣ ፊኒክስ ፣ ሳንሆዜ፣ ሳንዲያጎ እና ሌሎች ከተሞች ነዋሪ የሆኑ በርካታ የኢትዮጵያ ዳያስፖራ አባላት የተሳተፉ ሲሆን ክቡር ፕሬዚዳንቱ በወቅታዊ ሀገራዊ ጉዳዮች ላይ እና በክልሉ እየተካሄዱ ባሉ ፈርጀ ብዙ የልማት ፣የዴሞክራሲ እና የሰላም ግንባታ እንቅስቃሴዎች ላይ ለማህበረሰቡ ሰፊ ገለፃ አድርገዋል ፣ ከዳያስፖራ አባላቱ ለተነሱ ጥያቄዎችም መልስ ሰጥተዋል፡፡3
የክልሉን የልማት እንቅስቃሴ እና ለዳያስፖራው እየተደረጉ ያሉ ማበረታቻዎችን በተመለከተ በክልሉ የዳያስፖራ ጉዳዮች ዳይሬክተር አቶ ዘላለም አስራት በቀረበው ገለፃ እንደተብራራው ክልሉ በውጭ ሐገራት የሚኖሩ ኢትዮጵያውያን እና ትውልደ ኢትዮጵያውያን የሚሳተፉባቸውን እና ተጠቃሚ የሚሆኑባቸውን በርካታ ምቹ ሁኔታዎች እና የልማት መርሃ ግብሮች መቅረፁን አብራርተዋል። ከነዚህ መካከል በክልሉ ዋና ከተማ ሐዋሳ የተዘጋጀው የዳያስፖራ መንደር ሲሆን የዳያስፖራው አባላት በዚህ ልዩ በሆነው መንደር የመኖሪያ ቤታቸውን ቀልሰው መኖር እንደሚችሉ ገልፀዋል። ከዚህ በተጨማሪ በክልሉ በየደረጃው ባሉ የዞን ማዕከላት እና ከተሞች የዳያስፖራ ጽ/ቤቶች ተደራጅተው ለዳያስፖራው አባላት ድጋፍ ለመስጠት እና የዳያስፖራውን በልዩ ልዩ እንቅስቃሴዎች ሲሳተፍ አገልግሎት አሰጣጡን ለማሳለጥ በቂ ዝግጅት መደረጉን አብራርተዋል፡፡2

በተለይም የዳያስፖራው አባላት በመደራጀትም ሆነ በግላቸው ወይም ከሌሎች ሐገሮች ባለሐብቶች ጋር በመሆን በተቀናጀ የሐዋሳ ኢንዱስትሪያል ዞን ውስጥ በተለያዩ የማኑፋክቸሪንግ ዘርፎች መሰማራት እንደሚችሉ ለዚህም መንግስት ብድር ከማመቻቸት ጀምሮ ለአስራ አምስት ዓመታት ከገቢ ግብር እፎይታ በመስጠት እና በሌሎች በርካታ መንገዶች ባለሀብቱን ለማበረታታት ያዘጋጃቸውን ፓኬጆጅ ለተሳታፊዎቹ ገልፀዋል፡፡
የውይይቱ ተሳታፊ የነበሩ የዳያስፖራ አባላት በበኩላቸው ለክልሉ ፕሬዚዳንት በተለያዩ ጉዳዮች ዙሪያ በተለይም በመልካም አስተዳደር መጓደል፣ በሙስና እና ተያያዥ ችግሮች እዲሁም በፖለቲካዊ ችግር አፈታት ዙሪያ ሂሳዊ ጥያቄዎችን በማንሳት ማብራሪያ የተሰጣቸው ሲሆን፣ የክልሉ መንግስት በብዙ ዘርፎች እያደረጋቸው ያሉ የልማት እና የመልካም አስተዳደር ጥያቄ ምላሽ አሰጣጥ ላይ የታዩ በጎ ጅምሮችን አጠናክሮ እንዲቀጥል ማሳሰቢያ ሰጥተዋል፡፡

ክቡር ፕሬዚዳንቱ በበኩላቸው ዳያስፖራው አባላት ዞሮ መግቢያቸው ሀገራቸው እንደሆነ፣ የክልሉ መንግስት ከዳያስፖራው አባላት ጋር የጀመረውን ውይይት እና መደጋገፍ አጠናክሮ እንደሚቀጥል፣ ለዚህም ከክልሉ ተወላጅ የዳያስፖራ አባላት ጋር ተቀራርቦ መስራት እንደሚገባ መግባባት ላይ መደረሱን አፅንዖት ሰጥተው ውይይቱን ደምድመዋል፡፡ በመጨረሻም የክልሉ ፕሬዚዳንት በተገኙበት በሎስ አንጀለስ እና አካባቢው ከተሞች ነዋሪ የሆኑትን የክልሉን ተወላጅ የዳያስፖራ አባላት የሚያስተባብሩ ዘጠኝ አባላት ያሉት አስተባባሪ ኮሚቴ ተመስርቶ ስብሰባው ተጠናቋል።

For the first time, scientists have found living microbes in the blistering hot springs of Ethiopia’s Danakil Depression

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In a surreal landscape of colours, dominated by luminescent ponds of yellows and greens, boiling hot water bubbles up like a cauldron, whilst poisonous chlorine and sulphur gases choke the air.

Known as the “gateway to hell”, the Danakil Depression in Ethiopia is scorchingly hot and one of the most alien places on Earth. Yet a recent expedition to the region has found it is teeming with life. p05bfwlc

In the heart of the Horn of Africa, the Danakil Depression is one of the most remote, inhospitable and least-studied locations in the world. It lies over 330ft (100m) below sea level in a volcanic area in north-west Ethiopia, close to the border with Eritrea, aptly named “Afar”. It is part of the East African Rift System, a place where the Earth’s internal forces are currently tearing apart three continental plates, creating new land.

The violent landscape is arguably the hottest place on the planet, and one of the driest. The temperature regularly reaches 45C (113F). It rarely rains, but seas of molten magma ooze just beneath the crust’s surface. There are two highly active volcanoes: one of them, Erta Ale, is one of only a handful of volcanoes to have an active, bubbling lava lake at its summit. The area is also littered with acid ponds and geysers, and features a deep crater called Dallol. (more..)

Industrial Parks key to transform economy, livelihoods

Industrial-Parks-key-to-transform-economy-livelihoodsThe aggressive development of industrial parks is a smart intervention to transform the rising Ethiopian economy and improve the livelihoods of the people, pertinent officials expressed conviction.

Industrial park development and expansion is not a single strategy to address the outstanding transformation challenges.  Rather, it is a multifaceted approach to make the country a leading manufacturing hub in Africa by 2025, Ethiopian Investment Commission Deputy Commissioner Dr. Belachew Mekuria told The Ethiopian Herald.

While Industrial Parks Development Corporation was established to regulate the construction and administration work, the parks have been located along key economic corridors and connected to ports by roads and electric-powered railway lines with close proximity to high labor force pool, he elaborated.

Dr. Belachew noted that industrial parks development has been executed taking in to account various anchored principles.

He said: “The construction has been undertaking in the way that enables Ethiopia to have specialized industrial parks that would play greater roles in transforming the economy, raising foreign currency, developing human capacity and enhancing environmental sustainability.’’

The rationale for using the cluster approach in industrial park constructions is to enhance industrial parks supply chain and paving condition for them to exchange product and input.

Industrial Parks Development Corporation CEO, Sisay Gemechu agreed with Dr. Belachew. He said that the cluster system has been making the Corporation’s infrastructural and utility provision works cost-effective; easing the regulation and follow-ups.  (more…)

US Manufacturing Tech Solutions Provider Targets Ethiopian, Ghanaian Companies

The US-based manufacturing technology solution provider, SEYCONTECH LLC, has revealed that it has targeted Ethiopian and Ghanaian companies in its endeavor to help solve the bottlenecks in the manufacturing sectors of the African countries.

According to the website new Business Ethiopia, SEYCONTECH LLC’s President, Dr. Sydney K. Seymour made the announcement in Addis Ababa today, indicating that Ethiopia and Ghana are among the priority targets of the company.

Speaking on the reasons why Ethiopia and Ghana are his company’s priorities, he noted that the fact that the two African countries are highly focusing on the development of manufacturing sector made them targets of his company.

“If Africa needs to have sustainable growth, the development of its manufacturing industries is unquestionable,” President Seymour, who holds 12 U.S. patents and one international patent, said.

Dr. Seymour believes that African countries should not continue producing and exporting raw tomatoes and cocoa while importing back the processed outputs of these agricultural products.

“There are simple manufacturing technologies and solutions that can help the farmers or any entrepreneurs in Africa to produce tomato pastes and chocolates or any other processed agro-products within Africa,” the website quoted him as saying.

Reports show that 40 percent food losses occur in Africa due to the wastage in the agriculture business chain – from pre-harvesting to post-harvesting. (more..)

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Hailemariam Reaffirms Stance for Peaceful Resolution of Gulf Dispute (June 12, 2017)
woarbualmPrime Minister Hailemariam Dessalegn said Ethiopia will support peaceful means in resolving the dispute among Gulf countries. Hilemariam made the remark while conferring with Qatar’s State Minister of Foreign Affairs Sultan Bin Saad-Al Murakhi on Monday in Addis Ababa. more
Ethiopia, Israel Need to Join Hands to Fight Terrorism: Netanyahu (June 07, 2017)
ErsooooAs Ethiopia and Israel have continued to face the challenges of terrorism, Prime Minister Benjamin Netanyahu urged the need to join hands in rolling back the adverse effects of terrorist activities. PM Netanyahu said the two countries are obliged to jointly fight terrorism to ensure the development of human civilization globally. The Israeli PM made the remark while welcoming the Ethiopian high-level delegation led by Prime Minister Hailemariam Desalegn on Tuesday in Jerusalem. more
Parties Agree to Negotiate on Amending Electoral Laws (Jun 14, 2017)
The ruling party EPRDF and 16 national political parties engaged in intra-party negotiation have agreed to take the issue of revising the electoral laws as an agenda for the political negotiation intended to take place between the parties. The parties agreed on the issue as all the national political parties that are taking part in the negotiation requested to consider an amendment on the prevailing electoral laws. The parties have thoroughly debated on two of the 13 agendas presented by the agenda organizing and media committee to be tabled for discussion on Wednesday. In addition to amending the electoral laws, the committee presented an agenda for the revision of laws such as anti-terrorism, freedom of the mass media and access to information, trade and tax, structural organization of the judiciary, civic organization and state of emergency. more
Ethiopia to Launch Online Entry Visa Application, Issuance (June 13, 2017)
789ee11ba870d56adf4fe3a862f2d311_XLThe Ethiopian Immigration and Nationality Affairs Main Department, in collaboration with Ethiopian Airlines, has reportedly finalized preparations of the initial phase to commence an e-visa service for international visitors to Ethiopia. According to a press release of the Ethiopian Airlines, the e-visa is processed and issued online on a single web page where applicants apply, pay and secure their entry visa online. Once the online application is approved, applicants will receive an email authorizing them to travel to Ethiopia and they will get their passport stamped with the visa upon arrival in Addis Ababa, it added. more
Victory of Ginbot 20 described as foundation for rule of law, right to dev’t in Ethiopia (May 29, 2017)
Prime Minister Hailemariam Desalegn said that the victory of Ginbot 20 (May 28) is the foundation for the prevailing rule of law and the right to development. The Premier made the remark at an event organized yesterday at the Millennium Hall to celebrate the 26th anniversary of Ginbot 20, which marks the defeat of the Derg regime. The victory is a juncture where a roadmap for the renaissance of the country was designed, Hailemariam told the attendees. more
U.S. congratulates Ethiopia on National Day (May 27, 2017)
The U.S. government has extended congratulations to the government of Ethiopia as the country celebrates the 26th anniversary of Ginbot 20 (May 28), which marks the downfall of the Derg regime, next Sunday. In a statement sent to the government of Ethiopia, US Secretary of State Rex Tillerson said: “On behalf of President Trump and the people of the United States, I congratulate Ethiopia as you celebrate your National Day on May 28.”  more

Ethiopia earns over $49mln from electric power sales to Djibouti, Sudan (May 18, 2017)

Ethiopia earned more than 3.8 billion birr from electric power sold during the past 10 months. The plan was to generate 4.7 billion birr, said Bizeneh Tolcha, public relations head at the Ministry of Water, Irrigations and Electricity (MoWIE). More than 49.4 million US dollars of the total revenue was made from power exported to Sudan and Djibout, he said. In addition to meeting local demands, Ethiopia has a plan to sell electric power to neighboring countries once the power projects being built are completed. more

Under Secretary General Praises Ethiopia for Role in Maintaining Int’l Peace (May 17, 2017)

nder Secretary General for Field Support at the United Nations, Atul Khare, praised Ethiopia’s contribution to the maintenance of international peace and security. The Under Secretary General held discussion today with State Minister of Foreign Affairs Hirut Zemene. He thanked the government and people of Ethiopia for the great scarifies they made to bring peace and security. Khare said that “we remember the ultimate scarifies of the Ethiopian solders that lost their lives to bring peace and security to other countries.” more

World Bank to Provide 4.9 Billion USD for Ethiopia (May 17, 2017)

The World Bank Group disclosed that it will provide 4.9 billion USD for land, watershed restoration and women entrepreneurship projects as well as the Productive Safety Net program. World Bank Managing Director, Kristalina Georgieva, held discussion today with Deputy Prime Minister Demeke Mekonen on ways of further enhancing partnership toward eradicating poverty. After the discussion, the Georgieva told journalists that the World Bank is preparing country partnership framework and the national envelope for Ethiopia is in the order of 4.9 billion USD. “I was reporting that the World Bank will be able to provide very sizeable support for Ethiopia for the next three years”, she added. more

Ethiopia’s Growth Enabling to Implement Climate Resilient, Green Dev’t Strategy: Professor Sterner (April 25, 2017)

2-1024x576The rapid economic growth in Ethiopia can create good opportunity and enabling situation in implementing its climate resilient and green development strategy, according to Professor Thomas Sterner of University of Gothenburg and Former Chief Economist of Environment Defense Fund (EDF). Professor Thomas Sterner made the remark in his keynote address to the first Annual Conference on Ethiopia’s Green Development Path that opened today. The country’s trade and FDI dramatic growth is conducive for industrialization as well as the development of renewable energy potentials such as solar, hydro, and wind, the professor said. Ministry of Environment, Forest and Climate Change Minister, Dr. Gemedo Dale, told reporters that Ethiopia is on the right track since all sectors have been mainstreamed with the Climate Resilient Green Economy Strategy and structure for implementing have been put in place. more

Ethiopia Launches 2nd Human Rights Action Plan (April 26, 2017)

The second national human rights action plan of Ethiopia which endeavors for the better promotion and protection of human rights is launched today. The action plan that runs until 2019 was approved by the House of the Peoples’ Representatives in December 2016. The action plan includes detailed directions which will contribute to undertake human rights centered development activities and strengthen human rights institutions. The action plan will help the government to prepare new legal frameworks and revise exiting laws to ensure human rights. While launching the action plan, Prime Minister Hailemariam Desalegn said “The human rights action plan will strengthen our capacity of ensuring the exercise of human rights while enforcing and enriching the development of democratic institutions.” Hailemariam said that democracy in Ethiopia is growing and on a progress, despite wrong perceptions by some. more

Pizza Hut Enters Ethiopia in Latest Expansion Into Africa (April 25, 2017)

Pizza Hut is set to open three outlets in Ethiopia this year, becoming one of the first international restaurant chains to enter Africa’s second-most populous country. The restaurants are scheduled to begin serving in the capital, Addis Ababa, by November, franchisee Aschalew Belay said in an interview Monday. more

US companies keen to invest in Ethiopia (April 17, 2017)

A US business delegation meeting State Minister of Foreign Affairs, Dr. Aklilu Hailemichael on April 13, 2017 in Addis Ababa said they have visited different places in Ethiopia and want to involve in different infrastructural investment sectors in the country apart from their main Paramedical Project. The US business delegation which comprises Mr. Reddy N Apoori, President of Aerogenics Inc, and Dr. Gaddam Shachinder Reddy, Chairman of Pharma Project was accompanied by Berhane Kidanemariam, Consul-General at the consular office in Los Angeles and members of the Oakland-based Hidassie Ethiopian Disapora Committee. more

Addis Ababa to Host 2017 World Hydropower Congress (April 25, 2017)

Ethiopia will host the 2017 World Hydropower Congress on 9 – 11 May 2017, the International Hydropower Association announced. The 2017 World Hydropower Congress will bring together leaders and specialists to set the course for hydropower’s contribution to future energy and water systems. How to do ‘better hydro’ in a changing world will be a central theme. It will also explore a diversity of perspectives and will examine how initiatives of governments, businesses, finance, civil society and academia can advance sustainable development. more

Ethiopian Airlines to be official African Carrier for GOJ UNWTO Global Conference (April 26, 2017)

a0701be519b53b0401002e36d8008c24Africa’s Minister of Tourism Hon. Edmund Bartlett has announced that one of Africa’s largest airlines, Ethiopian Airlines, has been designated as the official carrier for African States attending the ‘UNWTO, Government of Jamaica and World Bank Group Conference on Jobs & Inclusive Growth: Partnerships for Sustainable Tourism’, scheduled for November 27–29, 2017, at the Montego Bay Convention Centre. The decision was made during Minister Bartlett’s just concluded trip to Ethiopia, following a meeting between Minister Bartlett and Ethiopian Airlines Group CEO Tewolde GebreMariam. more

Premier Emphasizes Need for Institutional Capacity Building, Dev’t of Tourism Destination

Addis Ababa March 22/2017 Institutional capacity building and development of tourist destinations should be given the necessary attention so that the country can benefit from tourism, Prime Minister Hailemariam Dessalegn said.

The Ethiopian Tourism Transformation Council held its fourth regular meeting here today.

Chairperson of the Council, Prime Minister Hailemariam Dessalegn said on the occasion Ethiopia has a huge potential in tourism but the country has not benefited much from the resource. To secure the desired benefits, attention should be given to institutional capacity building and development of tourism destination.

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Encouraging private businesspersons to engage in building hotels, lodges, recreational areas and other infrastructure for tourists is essential, he noted.

The premier criticized the Ethiopian Tourism Organization for not presenting the study it was assigned to motivate investors and instructed to meet the next deadline set.

He further noted that creating ownership mentality among farmers is crucial and efforts should be exerted towards that direction.

Culture and Tourism Minister Dr. Hirut Woldemariam said collaborative efforts will be made in the future as sectors needs the integrated cooperation of stakeholder.

She stated that people-to-people visit program organized in order to increase local tourism revenue.

During the forum it was indicated that due attention should be given to preserving heritages and tourist destinations by developing, protecting and introducing them.


H.E Ambassador Girma Birru’s Interview with EthioTube on Ethiopia’s Current Affairs


Premier Emphasizes Need for Institutional Capacity Building, Dev’t of Tourism Destination

Institutional capacity building and development of tourist destinations should be given the necessary attention so that the country can benefit from tourism, Prime Minister Hailemariam Dessalegn said. The Ethiopian Tourism Transformation Council held its fourth regular meeting here today. Chairperson of the Council, Prime Minister Hailemariam Dessalegn said on the occasion Ethiopia has a huge potential in tourism but the country has not benefited much from the resource. To secure the desired benefits, attention should be given to institutional capacity building and development of tourism destination. Encouraging private businesspersons to engage in building hotels, lodges, recreational areas and other infrastructure for tourists is essential, he noted.(more…)

 


Ethiopia Committed to Sustain Rapid Growth

Addis Ababa March 21,2017 Ethiopia`s rapid economic growth in the last 13 consecutive years was mainly due to the country’s commitment towards long-term development, said Dr. Abraham Tekeste Minister of Finance and Economic Cooperation.

While briefing a group of African journalists who visited Ethiopia for a week, the Minister said that priority is given to agricultural transformation, infrastructure development, building capacity of the private sector and investing in citizens to realize the growth in addition to the commitment.

Because of the commitment of the government and maximum efforts exerted so far, the size of the economy has more than doubled over the last six years by growing to 72 billion USD at present from 32 billion USD in 2011, he said.

The average per capital income has also reached close 800 USD; poverty has dropped by more than half from 50 to 23 percent while Gini coefficient remains 0.3, according to Dr. Abraham.

In connection to financing ongoing development endeavors, Dr. Abraham said the government has focused in mobilizing domestic resources.

“We focused on increasing our domestic resources to finance our development so we took tax reform; we strengthened our tax administration capacity and tax revenue as a result increased by over 30 percent over the last six years.” (more…)