Assistant Secretary of State for African Affairs Linda Thomas-Greenfield will be in South Sudan on January 18 and Ethiopia on January 19. The primary purpose of the Assistant Secretary’s visit to Juba, South Sudan is to meet with Embassy personnel. In addition, the Assistant Secretary intends to meet with senior government officials to discuss issues of mutual concern in the bilateral relationship. In Ethiopia, the Assistant Secretary will meet with Ethiopian Foreign Minister Workneh and officials of the African Union Commission, as well as with Embassy personnel. Be sure to follow the Assistant Secretary on Twitter @StateAfrica for more updates throughout her trip.
Capital Inadequacy of Commerical Bank of Ethiopia Alarms GovernmentJanuary 17, 2017 - A shocking decline of the Capital Adequacy Ratio (CAR) at the largest state-owned bank, Commercial Bank of Ethiopia (CBE) – currently at the lowest critical level of four percent – has prompted the government to deposit a security bond worth 26.5 billion birr, according to Reporter. If approved, the Ministry of Finance and Economic Cooperation (MoFEC) will issue the security bond that will raise CBE's total capital to 40 billion birr. After the capital injection, CBE’s CAR is expected to rise significantly to 13.2 percent, well above the acceptable international minimum standard of 8 percent. A staggering fall of CBE's Capital Adequacy Ratio (CAR) is among the main factors. CAR is a worldwide measurement to gauge a bank's capital in relation to its risk weighted assets and current liabilities.
/EINPresswire.com/ -- VANCOUVER, BC--(Marketwired - January 17, 2017) - East Africa Metals Inc. (TSX VENTURE: EAM) ("East Africa" or the "Company") East Africa announces that SinoTech (Hong Kong) Corporation Limited, an insider of the Company, has agreed to provide an unsecured loan to the Company in the amount of $500,000 at an interest rate of 12% per annum. East Africa understands that the Shandong Tyan Home Co., Ltd financing is in its final regulatory approval process. East Africa now has mineral resources defined at both projects in Ethiopia and plans to continue to test priority targets. East Africa has entered into a definitive agreement with an arm's length private exploration and development Company to advance the project. Accordingly, readers should not place undue reliance on forward-looking information contained herein, except in accordance with applicable securities laws.
The PM said that his government will sell shares of ESLSE with the goal of improving logistical services. The Ethiopian logistics enterprise, ESLSE is a multimodal monopoly. “The government is thinking the private sector should be trained and competent in the multimodal sector because ESLSE will be partially privatized in the near future,” experts speculated. So far the logistics sector is protected for Ethiopians only. The Ethiopians Shipping Lines which dissolved when ESLSE was formed is one of the oldest public enterprises in the country.
Ethiopian Mother of Angelina Jolie's Adopted Daughter Seeks AccessJanuary 17, 2017 - The natural mother of Angelina Jolie's adopted Ethiopian daughter Zahara has made a heartfelt plea to the superstar actress telling her: 'Please just let me talk to my daughter', according to report in Dail Mail. According to the report, Mentewab Dawit Lebiso was forced to give her daughter up after she was raped. Jolie adopted the daughter from Ethiopia believing she was an 'Aids orphan'. She said she is not asking for her daughter back but wants the chance to talk to her. 'I just want her to know that I am alive and long to be able to speak with her'.
The students were participating in a Jan. 13 kick-off assembly that ties into the already existing Cabrillo Kids Care Program themes of kindness, gratitude, compassion and mindfulness toward others. The school assembly set the stage for students to incorporate their responsibility theme on a global level. Through this cutting-edge program, students will see firsthand how the power of their actions can make a positive difference in communities near and far, and in their own lives. Julie Merrick, who teaches the children mindfulness, commented, “Programs like this put the children outside of themselves a little bit. “Helping our children develop compassion through global citizenship makes perfect sense in Malibu and at Juan Cabrillo Elementary, where we focus on caring.
Mentewab Dawit Lebiso just wants a chance to talk to her daughter. The biological mother of Angelina Jolie and Brad Pitt's adopted daughter, Zahara Jolie-Pitt, is pleading for the chance to have a conversation with the child she gave up over a decade ago. Brad Pitt, Angelina Jolie swear to settle divorce in privateZahara is the second of three children Jolie and Pitt adopted. At the time, Jolie adopted Zahara as a single mother, with Pitt later requesting in 2006 to legally adopt the girl. She added: "I would like Zahara to know she has a mother who loves her as much as Angelina."
Prof. Dr. Wolfgang H. Thome - eTN Africa Jan 17, 2017Over the next six months, Ethiopian Airlines will add seven new destinations in what will make 2017 probably a record year of new cities served out of Addis Ababa. From the beginning of February to the end of June will Ethiopian launch new services to Victoria Falls (Zimbabwe), Antananarivo (Madagascar), Conakry (Guinea), Oslo (Norway), Chengdu (China), Jakarta (Indonesia) and Singapore (Singapore). With the addition of these stations, Ethiopian will have service from Addis Ababa to 98 different international cities across the world. Said Tewolde Gebremariam, CEO of the airline group: 'Africa’s share of the Global Aviation is the smallest which is only around 3%. In 2016 Ethiopian Airlines did launch flights to Moroni (Comoros), Windhoek (Namibia) and Newark (United States) as well as adding three more cities in Ethiopia - Hawassa, Kebridahar and Dembidolo.
The natural mother of Angelina Jolie's adopted Ethiopian daughter Zahara has made a heartfelt plea to the superstar actress telling her: 'Please just let me talk to my daughter'. Now it is where her birth mother Mentewab ekes out an existencePoverty: Mentewab lives off this humble road in Ethiopia. There is no suggestion Angelina Jolie did anything illegal in the adoption, or was aware of Zahara’s apparent history. Angelina Jolie revealed she had been told Zahara was an AIDS orphan when she adopted her in 2005. Representatives for Angelina Jolie did not respond to requests for comment.
"Today we need that partnership once again as we face a new drought," he said, appealing for $948 million in aid. The United Nations' humanitarian coordinator in Somalia, Peter de Clercq, warned on Tuesday of "a significant risk of further deterioration to famine", appealing for $864 million for 3.9 million Somalis. "The impact is expected to be most dire in early 2017 among livestock, with unusually early migrations, excess mortality rates and extreme emaciation," the United Nations Food and Agriculture Organization (FAO) said in a statement. For Ethiopia, it was the worst drought in 50 years, and devastating for a country where eight out of 10 people depend on farming and livestock. Please credit the Thomson Reuters Foundation, the charitable arm of Thomson Reuters, that covers humanitarian news, women’s rights, trafficking, property rights and climate change.
Rapidly expanding Ethiopian Airlines is set to add even more cargo capacity to African trade lanes with the launch of services to seven new destinations in the first five months of the year. The airline, which will open a new cargo hub in April, aims to offer services to 120 international destinations by 2025. Ethiopian Airlines chief executive Tewolde GebreMariam said: “Africa’s share of the Global Aviation is the smallest which is only around 3%. In November, IATA statistics showed that cargo load factors declined year on year for the 19th consecutive month to reach 25.3% - the lowest level of any region monitored by the airline organisation. The reason for the decline in load factors is capacity additions rather than weak demand.
The U.S. Agency for International Development (USAID), and its partners Pathfinder and John Snow, Inc., marked the successful completion of the Integrated Family Health Program, its flagship maternal, newborn and child health support and family planning program. Additionally, maternal and newborn health is better, and there has been positive progress in most child health, nutrition, HIV/AIDS, and malaria outcomes as a result of the joint efforts between USAID and the Government of Ethiopia. The program helped to expand health practices at the household and community level such as more mothers giving birth at health facilities. As a result, the availability and quality of reproductive, maternal, newborn and child health services was improved. USAID will continue working to improve maternal and child health through its Transform awards, which will be implemented in all regions of Ethiopia to support the Ministry of Health’s ambitious Health Sector Transformation Plan goals.
The impact is expected to be most dire in early 2017 among livestock, with unusually early migrations, excess mortality rates and extreme emaciation. FAO calls for an immediate response to support the food security and nutrition of households reliant on animals. Along with the provision of supplementary animal feed, especially along migratory routes, targeted destocking interventions will be implemented to make protein-rich meat available for vulnerable pastoral communities and support livestock prices in local markets. For Ethiopian households, restocking after the loss of half of one's cattle typically takes four years without adverse conditions. FAO's programme seeks in particular to support crop production, implement emergency response and resilience activities in the livestock sector, support livelihoods in refugee-hosting areas and strengthen coordination, information and analysis.
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LALIBELA, ETHIOPIA - MARCH 19: Ethiopian Orthodox clergy members stand outside Bete Giyorgis, also called St. George's Church, at the Lalibela holy sites on March 19, 2013 in Lalibela, Ethiopia. It's either they don't know much to form a positive opinion, or they know at least 5 wicked facts about Ethiopia which left their minds blown. Here are the top 5 facts about Ethiopia that prospective visitors ought to remember. Unconquered NationOne of Ethiopia's wicked facts that its countrymen aren't tired of retelling is how their civilization repelled every known prospective invader. Soul of Reggae MusicAmong the 5 wicked facts about Ethiopia, the hardest trivia to miss is the fact that this country has single-handedly inspired almost all aspects of reggae culture.