Ethiopian ShebaMiles to launch Platinum Tier level

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February 14, 2017 06:52 UTC

Ethiopia: Helping Ethiopia Onto China's Express Train of Development

Since the holding of FOCAC Johannesburg Summit in December, 2015, China and Ethiopia have been working to match up their development strategies to implement the ten cooperation plans proposed by President Xi Jinping for China-China cooperation, which will help Ethiopia onto China's train of development, and the fast train of economic globalization. Coupled with accelerated implementation of industrial parks along the line, it constitutes a path of prosperity and common development for Ethiopia and Djibouti. With the completion of Gibe III hydro station by Chinese companies, the power generation capacity in Ethiopia has been doubled. The economic corridor along the railway line built with concerted efforts of China and Ethiopia has promoted sound interaction between infrastructure construction and industrial development, favoring investment by businesses across the world in Ethiopia. TheHawassaindustrial park built by a Chinese company has set a new model of China-US-Ethiopia trilateral cooperation in building industrial parks.

February 14, 2017 05:57 UTC

Ethiopia: Dams, Plantations a Threat to Kenyans

(Nairobi) – Dropping water levels in Kenya’s Lake Turkana following the development of dams and plantations in Ethiopia’s lower Omo Valley threaten the livelihoods of half a million indigenous people in Ethiopia and Kenya, Human Rights Watch said today. Water that previously flowed unimpeded into Lake Turkana, replenishing seasonal drops in lake levels, has since been held behind the Gibe III dam. The very limited artificial release of water from Gibe III in 2016 was not enough to replenish water levels in Lake Turkana. As of January 30, 2017, lake levels were approximately 1.5 meters lower than they were two years earlier according to the data. The governments of Kenya and Ethiopia should urgently work with these communities to ensure upstream industrial works does not devastate their livelihoods, Human Rights Watch said.

February 14, 2017 03:56 UTC

New Corporation to Administer Condominium Projects

New Corporation to Administer Condominium ProjectsFebruary 13, 2017 - A new draft is being prepared by the Ministry of Urban Development and Housing, which would combine the construction and administration of 20/80 and 40/60 condos under the roof of a single corporation, according to Capital. The Addis Ababa City Administration Housing Management Agency, responsible for delivering finished homes to the beneficiaries will also be part of the new corporation. Capital reported recently that no audit had been conducted so far on steel bar, cement, and sand procurement in the 20/80 condos. A source from Addis Ababa city Administration told Capital that the new corporation is expected to be established in one year. Turnover is expected as Addis Ababa City Administration appointees will soon leave their management positions.

February 14, 2017 02:15 UTC

Ethiopia Appoints Eight New Ambassadors

Ethiopia Appoints Eight New AmbassadorsFebruary 13, 2017 - President Dr. Mulatu Teshome has appointed eight new ambassadors to eight countries including Côte d'Ivoire, Egypt, Ghana, Ireland, Italy, Israel, Kuwait and Uganda. Accordingly, Redwan Hussein appointed to Ireland, Zenebu Tadesse to Italy, Tolosa Shagi to Uganda, Tsegaye Berhe to Israel, Regassa Kefalew to Ghana, Taye Atsekeselassie to Egypt, Abdulaziz Amhad to Kuwait and Girma Temesgen to Côte d'IvoireDuring occasion, President Dr. Mulatu has urged the newly appointed ambassadors to further deepen existing bilateral relationship with the respective countries. The president has also advised the ambassadors to work hard not only in advancing and intensifying bilateral relations but also heighten the level of the ties. (ENA)Back Print

February 14, 2017 02:04 UTC



Ethiopian immigrants aim to bring traditional agriculture to Israel

Far away from their native rural villages in Israel’s cramped urban centers and absorption facilities, many Ethiopian immigrants have abandoned their previous careers in agriculture. Two brothers, Ya’acov Almo and Uri Ben-Baruch, have decided to change this reality by setting up a new agriculture association called Addis Alam, which means “New World” in Amharic. The group is hoping to acquire a piece of land for Ethiopian immigrants to grow spices, medicinal plants and other crops that are not locally available in Israel, such as teff – a low-calorie, gluten-free grain that can be baked into bread or used to produce alcohol. He hasn’t yet said,” Almo told the Post. “We are waiting for him to tell us.“Our hope is that, with God’s help, next year we will have a celebration on the land of Addis Alam,” he added.

February 13, 2017 17:03 UTC

Israeli firm to build second sewage treatment plant in Ethiopia

Aiming to provide a more efficient and reliable alternative to the aging septic systems of Addis Ababa, Israeli company Emefcy will be building an innovative sewage plant to serve a residential neighborhood in the Ethiopian capital. The Caesarea-based firm is teaming up with partner Today- Tomorrow Ventures Inc. in a $400,000 deal to construct a wastewater treatment facility at the EPRI 1 condominium complex in Addis Ababa. In addition to treating half the sewage generated by the sprawling complex, which contains 32 buildings and 7,000 residents, the plant will generate recycled water capable of irrigating the neighborhood’s landscape, the company said. Please share on Linkedin“This Emefcy plant is a model for the benefits we can deliver for the people of Ethiopia,” said Ilan Wilf, Emefcy’s vice president of sales. In the late fall, Emefcy completed the installation of a municipal treatment plant in St. Thomas, in the US Virgin Islands.

February 13, 2017 14:37 UTC

Yemeni refugee family arrives in East Bay after Trump travel ban nightmare

EL SOBRANTE — The Almurisi family had long dreamed of coming to the United States, confident the East Bay suburbs would offer a haven from the war-torn streets of Yemen. “I thought there are no good people at all,” said family matriarch Alzubiri, while a family member translated. When he landed in Washington, D.C. with his family, officials stamped their visas with the word “canceled.”“I was like, ‘I didn’t do anything wrong,'” Almurisi said, through his cousin. “I was telling them, I’m not a criminal.”The officials escorted the family to a gate in the airport. She’s staying with her mother while the Almurisi family uses her home, and is getting paid by Airbnb.

February 13, 2017 14:02 UTC

Kefi Minerals to raise £5.62m to develop Ethiopian gold project

Maryam Cockar Sharecast | 13 Feb, 2017 11:54 | | |KEFI Minerals 0.33-14.10% -0.06 Max: 0.37Min: 0.33 Volume: 80,235,024MM 200 : n/a 17:25 13/02/17 Mining 17,179.802.15% 361.30 Max: 17,292.44Min: 16,818.50 Volume: 0MM 200 : n/a 17:25 13/02/17 FTSE AIM All-Share 900.41-0.02% -0.15 Max: 903.06Min: 899.65 Volume: 0MM 200 : n/a 17:30 13/02/17Miner Kefi Minerals aims to raise £5.62m from a share and subscription placing in order to develop its gold project in Ethiopia. The AIM-listed company is to raise £600,000 from a share placing of 10.69m shares of 0.33p to be sold at 5.61p each, a subscription by certain directors, employees and a supplier of the company for 7.13m shares to raise £400,000 and a subscription by Lanstead Capital, an institutional investor, of 82.35m shares to raise £4.62m. The proceeds will be used to fund the company's expenditure for 2017, including finalisation of financing arrangements and the triggering of development at the Tulu Kapi gold project in Ethiopia , as well as additional exploration work in the country and Saudi Arabia. Executive chairman Harry Anagnostaras-Adams said: "We have continued to advance the Tulu Kapi gold project in Ethiopia and are now at a pivotal stage of the company's development. The proceeds of the fundraising will underpin the activities for the whole of 2017 as we look to start development of this quality project during the year.”Shares in Kefi Minerals were down 10.26% to 0.350p at 1013 GMT.

February 13, 2017 11:48 UTC

Gidey, Molla, Dida among the winners at Ethiopian cross country championships

Defending world U20 cross country champion Letesenbet Gidey and national 5000m champion Getaneh Tamire Molla were among the winners of the 34th Jan Meda International Cross Country, Ethiopia’s trials for the IAAF World Cross Country Championships Kampala 2017, at the Jan Meda race course in Addis Ababa on Sunday (12). Another junior title for GideyWhen Gidey won the national junior 6km title two years ago, she was a little known entity hoping to land a place on Ethiopia’s team for the 2015 World Cross Country Championships. Only Zeyneh Yimer was able to stay with Gidey as she hit the front just before the first two-kilometre mark. The experienced junior edged away from Yimer in the final kilometre for a textbook front running victory in 21:16.53. “It was very good race,” Dida said.

February 13, 2017 11:15 UTC

Ethiopia : Chinese textile firms continue to invest in Ethiopia

Few large Chinese companies, including textile and garment manufacturing industries, have decided to invest in Ethiopia in the first half of the current Ethiopian budget year. The investment has come after the Ethiopian Investment Commission (EIC) started according priority to large, effective companies that can offer more and quick employment. Following the new strategy, Ethiopia has managed to attract investment from ten large Chinese companies, according to EIC commissioner Fitsum Arega. About half of these are in textile and apparel manufacturing, and this includes Jiangsu Sunshine Group, which has decided to invest nearly $1 billion in Ethiopia. The decision by the Chinese companies to invest in Ethiopia clearly shows that the East African nation has continued to become a favourable investment destination, Arega told Ethiopian news agency.

February 13, 2017 11:03 UTC

5th edition of the Africa Business Forum in Addis Ababa, Ethiopia to be held in Ethiopia March 1st 2017 under the Patronage of Saudi Sheikh Mohammed Al Amoudi – SAT Press Releases

Since its creation in 2014, The Africa Business Forum has become one of the most important bi-annual gatherings in Africa and the Middle East. Africa Business Forum presents an invaluable opportunity for investors to connect with clients from across industries and from around the world. The 5th Africa Business Forum in Addis Ababa, Ethiopia is an incredible convening center for global stakeholders and an opportunity to share perspectives on the issues facing global business and beyond.” said Mr. R Ahmed. Please address your queries and information requests to: contact@AfricaBF.com or call +97145147386 (Dubai), +251935402526 (Addis Ababa) or +442081440159 (London) for more information. Africa Business Forum is home to a global community of 10,000+ professionals, 20,000+ international companies, 60,000+ social media followers and 10 million website visitors.

February 13, 2017 09:17 UTC

ABTA launches fami trips - Ready. Set. Connect.

© 1999 - 2016, TravelDailyNews Media Network • Reproduction of the content is allowed ONLY with clear reference to the TravelDailyNews International and a link back. Unless, otherwise mentioned by the undersigned writer.

February 13, 2017 08:05 UTC

Ethiopia to spend $1.8 million in 2017 for lobbying – nazret.com exclusive

Advertisementnazret.com – Ethiopia has hired SGR LLC Government Relations and Lobbying firm to lobby on behalf of the Ethiopian government to U.S. policy makers, congress, the media and business leaders. According to the Foreign Agents Registration Act (FARA) database seen by nazret.com, Ethiopian government will pay $150,000 per month for the said service. The agreement was signed last month by Ethiopian Ambassador to the U.S., Girma Biru (Signed as Girma Geda) and Greg Lowman, a partner at the lobbying firm. It is not clear if this includes paying for ‘opinion leaders’ to write favorable commentaries in major newspapers in the United States. Ethiopia is not new to lobbying the U.S. government, according to Newsweek, it wrote in 2010 that Ethiopia’s lobbying had helped to defuse charges that the government has turned increasingly authoritarian.

February 13, 2017 05:10 UTC

Melaku Belachew Wins Hong Kong Marathon in Record Time

Melaku Belachew Wins Hong Kong Marathon in Record TimeFebruary 12, 2017 - Melaku Belachew smashed the Standard Chartered Hong Kong Marathon race record to win the IAAF Gold Label Road Race on Sunday (12). The 27-year-old took more than two minutes from his PB to win in 2:10:31, improving the race record by 56 seconds. On a day of perfect conditions for distance running, the men’s race came alive in the final 10 kilometres. It started with a conservative opening 10km of 31:58 before the pace picked up with 15km being reached in 47:03. “Last year was very bad,” laughed Bizuneh Melaku Belachew, one of the bedraggled thousands who took part in the 2016 Standard Chartered Hong Kong Marathon.

February 12, 2017 22:08 UTC



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