Minister of Industry Ato Melaku Alebel reported a 10.1% growth in the sector over the past ten months. In this regard, 129 major industries have commenced operations in the past ten months, fueled by new investments attracted by the movement. Furthermore, the country replaced USD 2.2 billion worth of imports with domestically produced goods over the past ten months. Looking towards the future, the Ministry of Industry outlined ambitious plans to build upon this year’s achievement. The target for the 2024/25 fiscal year is to achieve an even higher growth rate of 12.8% within the industrial sector.

June 14, 2024 04:42 UTC

The Ethiopian Investment Commission (EIC) and Gada Special Economic Zone (SEZ) signed a Memorandum of Understanding (MoU) today, facilitating the project's official launch. Inaugurated last month with Prime Minister Abiy Ahmed's participation, the Gada SEZ is envisioned as a multi-purpose economic hub designed to attract domestic and foreign investment across logistics, manufacturing, agro-processing, and real estate. EIC Deputy Commissioner Zeleke Temesgen highlighted the zone's potential to enhance Ethiopia's investment climate and attract foreign direct investment (FDI). Gada SEZ Director General Motuma Temesgen emphasized the importance of the MoU for delivering quality investor services and collaborating on marketing efforts. This collaboration is expected to significantly boost investment and economic growth in the region.

June 14, 2024 04:38 UTC

Ethiopia Premier League title challengers Ethiopia Nigd Bank and Bahir Dar City played to a 2-2 draw on Thursday, while Ethiopia Coffee all but confined Wolkite City to relegation with an emphatic 4-0 win. In the first game, Bahir Dar City drew first blood at the half-hour mark with Tsegaye Abera's 30th-minute giving them a 1-0 lead. Ethiopia Nigd eventually got a break when they won a late penalty which Addis Gidey converted to narrow the gap. Ethiopia Coffee ran riot in the second game at Hawassa International Stadium, beating Wolkite City 4-0. Ethiopia Nigd Bank still lead the log with 57 points followed by Mekelakeya (51 points), Ethiopia Coffee (47 points) and Bahir Dar (46 points).

June 14, 2024 04:36 UTC

During the month of February, the Moore County Wrestling team hosts a wrestling camp for the elementary school age children who show an interest in learning the sport. The camp holds co-ed practices multiple days during the week for students ranging from kindergarten to sixth grade.

June 13, 2024 20:26 UTC

borkenaVideo : embedded from EBS TV YouTube channelCover Photo : screenshot from the videoJoin our Telegram Channel : t.me/borkenaLike borkena on FacebookEntertainmentAdd your Business to Ethiopian Business Listing / Ethiopian Business Directory JobsJoin the conversation. Follow us on X (formerly Twitter ) @zborkena to get the latest Ethiopian News updates regularly. Ethiopia Subscribe to YouTube channel To share information or for submission, send e-mail to info@borkena.com

June 13, 2024 18:45 UTC





The Climate Resilient Wheat Value Chain Development (CREW) Project has a total budget of US$94 million. The African Development Fund (ADF), part of the African Development Bank Group, is providing a US$54 million grant. The Netherlands will contribute US$20 million, while OCP-Africa and the Ethiopian government will each provide US$10 million. The CREW project comprises two main components. The CREW project is designed to address these objectives.”OCP-Africa CEO, Dr. Mohamed Anouar Jamali, said, “OCP Africa’s support for this project will address salinity and acidity issues affecting tens of millions of hectares.

June 13, 2024 17:25 UTC

Addis Ababa — The Ministry of Health has signed an agreement with three institutions to construct 2,000 health centers across Ethiopia five years. The Russian Pan-African PPP Development Center will cover the estimated more than 250 million USD cost to build the health centers. Health State Minister, Dr. Dereje Dugma said the project will build 2,000 health centers in five years. According to him, each of the health centers will enable 2,000 to 5,000 community members to access various medical services. Russian Pan-African PPP Development Center has more than 126 years relations in Ethiopia.

June 13, 2024 16:52 UTC

Several cities giving away sandbags so resident can protect their homes during drenching rains Tania Francois reports the sandbags are first come, first served and available while supplies last.

June 13, 2024 16:45 UTC

Tagesse Chafo, Speaker of the Ethiopian Parliament (Photo : PD)borkenaToronto – A new draft law giving investigators power, without a court order, to intercept communication is reportedly under discussion in the Ethiopian Parliament. According to the proposed legislation, Investigators can simply get authorization from the office of the Attorney and can intercept communication and exchange of letters. “If the investigator body is in an emergency situation, it can get authorization from the chief of prosecutor institution in the area and collect information using the investigation,” according to the draft bill, as reported by the BBC Amharic. The source highlighted that the draft bill explained the need for increasing the fine. A relevant committee in the Ethiopian parliament is reportedly viewing details of the bill and will be presented to the parliament for approval.

June 13, 2024 16:41 UTC

In a statement, the privacy advocacy groups denounced this action as a “blatant violation of data protection laws and the constitutional right to privacy” in Ethiopia. In an attempt to recoup the missing funds, the bank identified 117 customers who had not returned the erroneously obtained money. “The Commercial Bank of Ethiopia must respect its obligations as a data controller and only collect, process, and share data within the law,” the rights groups stated. When questioned about the constitutionality of publishing personal information, Abe stated, “They are welcome to pursue legal charges, and we will address them through compensation. If individuals confess to withdrawing the funds and subsequently challenge the public disclosure of their information, the bank is prepared to engage in litigation.” AS

June 13, 2024 16:37 UTC

Clean, an innovator in safe, sanitized travel solutions, and JFK Millennium Partners (JMP), the company that manages JFK Terminal 7 and is currently building the state-of-the-art, $4.2 bn JFK Terminal 6, today announced the debut of Clean’s state-of-the-art luggage sanitization system at JFK Terminal 7 – the first of its kind at any U.S. airport. Terminal 7 currently handles over 2,000 flights per month from 14 domestic and international airline partners, including Aer Lingus, Aerolineas Argentinas, Air Canada, Alaska Airlines, ANA, Condor, Ethiopian Airlines, Frontier Airlines, HiSky Airlines, Kuwait, Icelandair, LOT Polish Airlines, Norse, and Sun Country Airlines. Clean’s introduction at JFK Terminal 7 marks a significant milestone in the travel industry’s ongoing efforts to combat the spread of infectious diseases and offer travelers a quick, turn-key solution to sanitize their baggage before bringing it home. “We are honored to partner with JFK’s Terminal 7 to bring Clean’s innovative sanitization technology to one of the world’s busiest and most iconic airports,” said Rodney Jones, CEO of Clean. Clean will allow passengers to sanitize their baggage after every flight.

June 13, 2024 16:11 UTC

During the recent meeting of BRICS Foreign Ministers, Foreign Affairs Minister Taye Atskesellasie has indicated the commitment of Ethiopia to enhance its role in the BRICS bloc in line with its national development priorities. The Minister's statement also indicates that Ethiopia always remains committed to maintaining the benefits and interests of developing countries. Ensuring a fairer world order is important for every country and every citizen. Ethiopia has for long been fighting such aggression and imbalance in all forms like colonialism and the subsequent subjugation of developing countries. Through its membership in BRICS too, Ethiopia will continue to work towards peace and development of all other developing countries.

June 13, 2024 15:46 UTC

African economies will grow on average by 3.8% in 2024 prior to increasing by 4% next year, according to an African Export-Import Bank (Afreximbank) project. Afreximbank’s African Trade and Economic Outlook Report 2024 launched today also says the continent’s economies face several downside risks. Despite the challenges, the Afreximbank says the outlook remains positive and most macroeconomic indicators are expected to improve in 2024 and 2025. Per the economist, Africa’s trade contracted by 6.3% in 2023 after expanding by 15.9% in 2022 while Intra-African trade expanded by 3.2% over the same period. According to Dr. Kale: “One group believes that increased urbanization and industrialisation associated with the AfCFTA will worsen carbon emissions.

June 13, 2024 15:36 UTC

The genocide started to intensify 6 years ago all over Ethiopia, especially in the newly created region known as Oromia. Similarly, the current Amhara genocide is committed with a sponsorship and active participation of the ruling prosperity party (PP). As we know, the Amhara genocide is multifaceted that includes physical, educational, cultural and religious annihilation. Although many historical, geopolitical and international factors contribute to this deafness, the primary weakness lies on Ethiopian elites, especially on Amhara elites because:Unlike professor Asrat, the Amhara elites failed to foresee that the Amhara genocide was coming ahead of time. In this world where the subject pronoun I and self-interest come first, the Amhara people should understand that no one in the world but only themselves shall increase awareness about Amhara genocide and ascertain their survival through firm struggle.

June 13, 2024 15:00 UTC

AfDB, Ethiopia Launch $94m Project to Boost Wheat Value ChainThe African Development Bank Group and the government of Ethiopia, in partnership with the Netherlands, fertilizer company OCP-Africa, and the Global Center on Adaptation (GCA), have launched an ambitious project to transform Ethiopia from a wheat importer to a self-sufficient producer and exporter. The total cost of the Climate Resilient Wheat Value Chain Development (CREW) Project is $94 million. AAAP is integrating climate risk assessment and digital adaptation solutions into the wheat value chain, supporting capacity building through deployment of digital climate advisory services (DCAS), and co-designing digital adaptation solutions in a wheat farmer registration system. The CREW project has two main components. He welcomed the project, which he said has great potential for irrigated wheat development in his state.

June 13, 2024 13:04 UTC