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.

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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

How long can Ethiopia's state of emergency keep the lid on anger?

The people are waiting until the state of emergency is over and then people are ready to begin to protest,” he said. The problem for activists is how to translate popular anger stemming from grievances into political change. Allegations of ethnic bias are prevalent, though it is Oromo officials who are culpable for local failings. That was reinforced by the arrest in November of Merera Gudina, the most high-profile Oromo opposition leader not in jail or abroad. With opposition leaders and activists exiled, imprisoned, or fearing arrest, already weak parties are in no shape to loosen the coalition’s hold.

February 12, 2017 12:00 UTC

Feb.12 major Ethiopian media

The Following are news highlights in Ethiopia’s major media outlets on Sunday. –Ethiopian President Mulatu Teshome, during his five-day official visit to Turkey this week, discussed with President Recep Tayyip Erdogan on further expanding Turkish investment in Ethiopia and infrastructure development as well as cooperation in the fight against terrorism. (Ethiopian News Agency/ENA)–Ethiopian President Mulatu Teshome has appointed new ambassadors of the Federal Democratic Republic of Ethiopia. (Ethiopian Broadcasting Corporation/EBC)–The government of Ethiopian will scale up the efforts it has launched by its own capacity to cope with the drought that hit some lowland pastoralist areas, said Government Communication Affairs Office (GCAO). (Fana Broadcasting Corporate/FBC)–Ethiopia has attracted foreign direct investments (FDI) worth 1.2 billion U.S. dollars in the first half budget year, the Ethiopian Investment Commission (EIC) said.

February 12, 2017 09:56 UTC

Ethiopian Airlines Gets Record Profit of 6B Birr

Ethiopian Airlines Gets Record Profit of 6B BirrFebruary 11, 2017 - Ethiopian Airlines made a record high net profit of six billion birr (273 million dollars) in the 2015-2016 fiscal year ending June 2016, according to the Reporter. Ethiopian Airlines Group CEO Tewolde Gebremariam told The Reporter in an exclusive interview that the airline registered record high operating revenue of 55 billion birr and a net profit of six billion birr. The revenue increased by 10.3 percent while net profit has shown a whopping increase of 70 percent. In the 2014-2015 fiscal year, the airline made 49.4 billion birr revenue and a net profit of 3.5 billion birr. We have in total 220 million dollars in local currency trapped there for more than a year.

February 12, 2017 04:46 UTC

Ethiopia: Customs Seizes More Than $60K from Travelers at Dulles Airport

There is no limit to how much currency travelers can import or export; however, federal law requires travelers to report amounts exceeding $10,000 in U.S. dollars or equivalent foreign currency. CBP officers seized $44,315 from a U.S. woman and her father who were departing for Ethiopia Wednesday. CBP officers then discovered a bank envelop with an additional $20,000 in the woman’s carry-on bag, and $14,315 in the man’s jacket. Two travelers to Ethiopia and three travelers to Vietnam were found to be carrying more money than they said they were carrying. There is no limit to how much currency travelers can import or export.

February 12, 2017 04:20 UTC

Malibu Couple Raising Money to Train Educators in Ethiopia

Malibu Couple Raising Money to Train Educators in EthiopiaFebruary 11, 2017 - Malibu native Christine Waljeski and her husband Julien Dubois, are raising money toward paying for the expenses of 325 teachers and government officials to go to one of several sites in Ethiopia for leadership training, according to Malibu Times. Waljeski has committed to raising $20,000 to go on the trip — essentially paying for the expenses of 67 Ethiopian educators to travel from rural communities and attend the training. She is one of 12 instructors who will be donating their services and traveling to Ethiopia at their own expense to deliver “Lightyear Leadership” training at a conference over a four-day period. “There’s a tradition for children to do chores instead of going to school among Ethiopians in rural communities,” Waljeski explained. Most teachers aren’t trained to envision their job as creating change and inspiring the people around them.” (Malibu Times)Back Print

February 12, 2017 04:16 UTC

Feb.11 major Ethiopian media

The Following are news highlights in Ethiopia’s major media outlets on Saturday. — Ethiopian Prime Minister Hailemariam Desalegn has received and held talks with a Qatari business delegation led by Sheikh Dr. Khalid bin Thani bin Abdullah Al Thani, Chairman of Ezdan Holding Group. (Ethiopian News Agency/ENA)— Ethiopian Prime Minister Hailemariam Desalegn has met and discussed with delegates of Somaliland administration to work together on peace and security of the region and infrastructure development. (Ethiopian Broadcasting Corporation/EBC)— Draft documents aimed at enhancing inter-governmental relationship and increasing the awareness of federalism in Ethiopia were discussed at a high-level dialogue on Friday. Ethiopian Minister of Federal and Pastoral Affairs, Kasa Teklebirhan, said the inter-governmental policy framework, and the constitution and federalism strategy draft documents are expected to be approved this Ethiopian year.

February 11, 2017 11:15 UTC



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