The company now hopes to scale up such “index-based” insurance to other parts of the country, and develop other micro-insurance products that rely on satellite technology, Temsgen said. Ethiopian engineers are expected to launch their country’s satellite from China, with China providing $6 million in training and financial support for the launch, said Tessema, of Ethiopia’s space institute. However, the Ethiopian government seeks to modernize its agriculture sector, with satellite data playing an important role in the country’s modernization drive,” he told the Thomson Reuters Foundation. Tessema, however, says richer countries from the United States to China - as well as some of its African neighbors - have used satellite technology to develop their economies. “Many governments view (satellite technology) as crucial to their economic development,” he said, arguing that Ethiopia is too late, rather than too early, to the game.
December 05, 2018 12:00 UTC
Ethiopia plans next year to join an exclusive club of African nations: those with their own national satellites. The company now hopes to scale up such "index-based" insurance to other parts of the country, and develop other micro-insurance products that rely on satellite technology, Temsgen said. However, the Ethiopian government seeks to modernise its agriculture sector, with satellite data playing an important role in the country's modernisation drive," he told the Thomson Reuters Foundation. Tessema, however, says richer countries from the United States to China - as well as some of its African neighbours - have used satellite technology to develop their economies. "Many governments view (satellite technology) as crucial to their economic development," he said, arguing that Ethiopia is too late, rather than too early, to the game.
December 05, 2018 11:20 UTC
The African Continental Free Trade (AfCFTA) area aims to create a single continental market for goods and services, with free movement of business persons and investments, and thus pave the way for accelerating the establishment of the Continental Customs Union and the African customs union. African countries currently attracting the most Foreign Direct Investment, including Rwanda, have a robust visa openness policy, the Minister said. Rwanda announced at the beginning of this year, an entry visa on arrival for travelers from all African countries. This year’s report, authored by the African Development Bank and the Africa Union Commission, has already been published via an online launch on 27 November. Thousands of African youths yearning to study, tour and travel across the continent, can only do so if they can move freely, Jean-Guy Afrika, a Principal Policy Expert at the African Development Bank said.
Source:News Business Ethiopia
December 05, 2018 08:15 UTC
–Attorney General Task Force investigating groups involved in violence in Western Ethiopia. –Oromia regional state fully backed National Security Council decisionborkenaDecember 4,2018Federal Attorney general Office said today that there are organized groups with strong support,he did not specify the kind of support, behind the violence in parts of Oromia and Benshingul regional states, Western Ethiopia. Findings of the task force that the Attorney General Office deployed to the region this week to establish identities of groups or individuals to be held responsible for killings will be made public, Zenabu added. The attorney general office is convinced, based on Zenabu’s response to VOA Amharic, that the violence in the above mentioned areas is not haphazard. A renewed protest is unfolding across Oromo regional state.
December 05, 2018 04:07 UTC
Ethiopian Prime Minister, Abiy Ahmed Ali has offered his country’s readiness to mediate stop the fighting between the Yemeni brothers and bring peace and reconciliation to the country. This came in a letter addressed to the Yemeni people and the warring parties there, published by the official agency on Tuesday. Read: Iran backs Yemen peace talks, state TV saysAbiy Ahmed called on Yemeni parties not to drain their country’s capabilities, sit down at the negotiation table and resolve their issues with reason and wisdom through dialogue to end the fighting. It destroys the homeland, its capabilities and civilisation” he said adding that all the warring parties in Yemen will lose. “War brings only destruction, loss, hatred and riots” the Ethiopian prime minister added.
December 05, 2018 02:37 UTC
I guess the exception would be Venezuela," he told reporters, referring to the exodus of about 3 million people from crisis-hit Venezuela in recent years. "Migrants reaching Yemen travel first by land, primarily through Djibouti, and eventually undergo perilous boat journeys across the Gulf of Aden to Yemen, now one of the busiest maritime migration routes in the world," Millman said. Millman said the migrants were driven by drought and unemployment in the Horn of Africa and lured by the wages available in the Gulf. People smugglers used Yemen's war to drum up business, claiming that the authorities were too preoccupied to monitor Yemen's borders properly. "There are minefields to cross, there is gunfire... there are car crashes, all kinds of dangerous spots along the border.
December 04, 2018 19:52 UTC
'Peace Is Everything': Ethiopia And Eritrea Embrace Open Border After Long ConflictEnlarge this image toggle caption Eyder Peralta/NPR Eyder Peralta/NPRAlmost everywhere you go in Zalambessa, a town on Ethiopia's border with Eritrea, there are reminders of war: buildings in rubble, walls riddled with bullet holes and a border still delineated by two rows of trenches. Children are selling candies and drinks to travelers and, for the first time in two decades, people and goods are transiting the crossing between Zalambessa and the Eritrean town of Serha. Eritrea gained independence amicably from Ethiopia in 1993, but a few years later, the countries went on to wage one of Africa's deadliest wars. What he wants is for Ethiopia and Eritrea to have the courage to tell him what he knows in his heart — that his brother is dead. For example, there are hardly any regulations around tariffs, border controls or currencies (Ethiopia uses the birr and Eritrea uses the nakfa).
December 04, 2018 19:18 UTC
‘150,000 migrants arrive in Yemen in 2018’GENEVA: A growing number of migrants are flocking to Yemen, even as its dire humanitarian crisis deepens, with nearly 150,000 expected to arrive in the war-ravaged country in 2018, the UN said Tuesday. “We are confident in forecasting migration arrivals to Yemen, a country at war, will reach about 150,000 people this year,” IOM spokesman Joel Millman told reporters in Geneva. IOM estimated that around 92 percent of the migrants who have entered Yemen this year are Ethiopian, while the rest are from Somalia. IOM could not provide numbers on how many migrants have died trying to cross through Yemen, but Millman said 156 sea deaths had been confirmed this year on the various sea passages toward Yemen. Millman stressed that the migrant crisis in Yemen was “an emergency” on a scale that outpaces most large migrant movements in the world.
December 04, 2018 19:07 UTC
Representational PicThe Ethiopian police have taken into custody three Indian officials of crisis-hit IL&FS over non-payment of taxes and workers’ salaries even as five Indian employees continue to be in captivity of the unpaid staff in the African nation, a source said. The source said IL&FS had 15 Indian employees in Ethiopia, seven of whom were held captive by the local staff. The three employees, out of the eight employees who were not held captive, were taken into custody, he said. IL&FS arm ITNL through its wholly owned subsidiary, Elsamex SA, has been executing road projects across three sites in Ethiopia. The source said IL&FS has assured to clear the pending dues of local workers in the next one or two days.
December 04, 2018 15:22 UTC
Ethiopian Mozambique Airlines, a start-up carrier established in partnership with Ethiopian Airlines, started flights on December 1, 2018. I wish to thank the Government of Mozambique for its visionary decision and policy that have enabled the start of Ethiopian Mozambique. Ethiopian Mozambique Airlines CEO, Mr Redi Yesuf said, "We are very happy to launch Ethiopian Mozambique, The New Spirit of Mozambique. I wish to thank all my colleagues from Ethiopian Mozambique for all their efforts and hard work that have this day possible." Apart from helping to establish Ethiopian Mozambique Airlines, Ethiopian Airlines Group has created different hubs across the.
December 04, 2018 12:33 UTC
Jeremiah 3:16 (The Israel Bible™)A theory claiming the Ark of the Covenant is in Ethiopia has resurfaced. The Egyptian temple was destroyed in 410 BCE, at which point Cornuke believes the Ark was moved to Ethiopia. We have many accounts of the Ark being in the Temple after that so the Ark was not taken away,” Moskoff said. “The Ark is what brings the Shechina to the Temple Mount,” Moskoff said. “Without the Ark, the Temple Mount is not holy; not to the Jews and not to anyone.”
December 04, 2018 12:22 UTC
Ethiopian Airlines will start helping Chinese visitors process visas to travel across Africa. The visa hub is also symptomatic of China’s deepening place in Africa. Cognizant of this, countries including Kenya, Morocco, and Tunisia have eased their visa rules or launched marketing campaigns to incentivize and attract more Chinese travelers. South Africa has even gone as far as issuing business travelers five to ten-year, multiple-entry visas on arrival. Sign up to the Quartz Africa Weekly Brief here for news and analysis on African business, tech and innovation in your inbox
December 04, 2018 11:15 UTC
The survey, which was the first ever Business Outlook Survey of German companies in the country, was conducted by the Delegation of German Industry and Commerce in Eastern Africa (AHK), a statement from the German embassy in Addis Abeba says. The results are part of a Global Business Outlook Survey conducted by The Association of German Chambers of Commerce and Industry (DIHK) and the 140 AHK offices amongst 3500 companies in 92 countries worldwide. Of course, there are still some challenges such as the forex shortage which have hampered international business. Risks to business growthHowever, there are some risks German businesses operating in the country face, according to the survey. Other risks to business, as expressed in the responses, include 43.6% business environment, 28.2% lack of skilled labor, 20% trade barriers, 12% infrastructure and 10.3% demand.
December 04, 2018 10:18 UTC
'It Has Been A Dream': Ethiopians Are Adjusting To Rapid Democratic ChangesEnlarge this image toggle caption Eyder Peralta/NPR Eyder Peralta/NPRAs the sun comes up, the white stone on the Holy Trinity Cathedral turns golden. Seemingly overnight, the new leader opened up a democratic space — allowing foes, allies and regular Ethiopians a chance to speak their minds — after decades of authoritarian rule. Enlarge this image toggle caption Eyder Peralta/NPR Eyder Peralta/NPR"I cannot say this change will be implemented in this year," he says. But they weren't expecting the Ethiopian People's Revolutionary Democratic Front, the ruling coalition, to offer up a reformist prime minster. For decades, Ethiopians have lived in fear, the psychiatrist explains in an interview after the lecture.
December 04, 2018 10:00 UTC
Colel Chabad has been feeding and taking care of the Holy Land’s impoverished residents for over 230 years! As part of Colel Chabad’s Food Security Initiative with Israel’s Ministry of Welfare, the charity organization is doing more than giving food. “Israel’s welfare department has an entire staff just checking family income and expenses,” said Rabbi Lipsker. Colel Chabad is finding that their carefully designed food packages accomplish something more than feeding the hungry. “That care and concern brings hope and builds the confidence needed to strive for a better life.”To donate to Colel Chabad, please click here.
December 04, 2018 08:37 UTC