The African Development Bank (AfDB) on Wednesday announced it had approved 104 million U.S. dollars in funding to improve power supply in Ethiopia. The AfDB said in a press statement that the money would go to financing a transmission project to improve power supply in eastern Ethiopia. The transmission project would improve access to clean and reliable electricity supply by increasing the capacity of the power grid in eastern Ethiopia, the bank said. The project will involve the construction of 157 km of 400-kilovolt double-circuit transmission lines and associated sub-stations in Harar, Jijiga and Fafem cities in eastern Ethiopia. The Ethiopian government previously announced its plan to increase the country’s export revenue from electric power to 400 million U.S. dollars within the coming ten years.

borkenaIn an interview with Anchor Media, Dr. Aklog Birara remarks on the current situation in the Amhara region, the struggle, the economic situation in Ethiopia, and Shimeles Abdissa’s latest statement that the struggle is to restore “old Ethiopia.” He also remarked on many other issues. Watch what he had to say from the video belowVideo : embedded from Anchor Media youtube channelCover photo : screenshot from the videoEthiopian News VideoJoin our Telegram Channel : t.me/borkenaGot a business? Get Listed on Business ListingJoin the conversation. Follow us on twitter @zborkenato get the latest Ethiopian News updates regularly. Subscribe to YouTube channel To share information or for submission, send e-mail to info@borkena.com

ADDIS ABABA, Sept. 15 (Xinhua) -- Tadesse Degefa, a senior cupper at S.A Bagersh Private Limited Company (PLC), a renowned Ethiopian coffee firm and the birthplace of coffee Arabica, is witnessing a surge in interest among Ethiopian coffee producers and exporters to penetrate the rapidly growing Chinese coffee market. Degefa emphasizes the uniqueness of Ethiopian coffee beans, which are grown organically in the highlands without the use of chemicals or herbicides. He argues this uniqueness of the Ethiopian coffee beans as well as its cupping and production process offers coffee exporters an important impetus towards penetrating the lucrative Chinese coffee market. He highlights the positive relationships established with Chinese companies, indicating that in the coming years, Ethiopia will have a significant presence in the Chinese coffee market. The coffee market has been evolving over the years in China where tea has been a traditional drink, Gizat Worku, chief executive officer (CEO) of the Ethiopian Coffee Association, which is engaged in promoting Ethiopian coffee in the international market, told Xinhua recently.

Ethiopian Airlines Group, the fastest-growing global airline brand and the continent’s leading airline, is pleased to announce that it has been crowned as the ‘Best African Airline’ at Business Traveller Awards 2023.Business Traveller Awards has named Ethiopian as the Best African Airline for four years in a row, since 2020. Extending his congratulatory message, Ethiopian Airlines Group CEO Mr. Mesfin Tasew, said, “We are extremely happy to have won the much contested and globally acclaimed Business Traveller Awards as the Best African Airline. The year 2023 has been very special for Ethiopian Airlines as it has won much-coveted multiple industry awards from Business Traveller Awards to SKYTRAX World Airline Awards, to APEX Passenger Choice Awards among others. Business Traveller is the leading magazine for frequent business traveller. Ethiopian triumph was announced at an event held in London’s Royal Garden hotel on Wednesday 13 September, by the publishers of Business Traveller Magazine, Panacea Media.

Balcha Reba, director general of the Ethiopian Communication Authority (Photo: ENA)Addis Abeba – The Ethiopian Communications Authority (ECA) has announced a 20-day extension for submitting requests for qualification (RFQ) for the coveted second full-service nationwide telecommunications license. However, the ECA said it has received concerns and requests from several prospective investors to extend the deadline for RFQ submission. The latest announcement has raised concerns about the authority’s ability to execute its plan to grant the much-awaited second telecommunications license by the end of 2023. Only a month ago, Balcha Reba, the Director General of ECA, confidently stated that all the essential groundwork for the second license tender process had been finalized. Having secured one of the two licenses opened to private telecommunication operators in May 2021, Safaricom Ethiopia has emerged as the second telecom provider.

For all other commodities, price is in (Birr/Quintals), 1 Quintal = 100Kg. To get more commodity trade information, you may call ECX on short number 929 or text to them on short number 934.

The African Development Bank has approved $104 million in financing for a transmission project to improve Ethiopia’s electricity supply. The financing includes a $52m grant from the African Development Fund, the Bank Group’s concessional lending arm. Batchi Baldeh, the Bank’s Director of Power Systems Development, said the project would improve access to electricity by increasing the capacity of the power grid in eastern Ethiopia. New Africa partnership to address funding shortages for clean cookingThe project involves the construction of 157 kilometres of 400kV double-circuit transmission lines. Access to electricity in Africa an ongoing challengeAdesina highlighted limited access to electricity as a significant hurdle.

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Addis Abeba — African Women in Agricultural Research and Development (AWARD) announced the Fellows in the second Cohort of its Gender Responsive Agriculture Systems Policy (GRASP) Fellowship. The two-year career development program aims to grow a pool of confident and capable mid-career African women to lead policy changes to improve African smallholders' livelihoods, particularly women. Why the GRASP Fellowship? The 50 women selected for the GRASP Fellowship will receive customized training in mentoring, advanced leadership skills, negotiations skills, gender in agricultural policy, and masterclasses on policy processes. The trio will be supported to participate in structured mentoring programs to foster knowledge sharing and development of Policy Innovation Projects that will provide hands-on practical experience in collaborating toward gender-responsive policy development.

On the eve of the Jewish New Year, the number of Jews worldwide stands at approximately 15.7 million compared to 15.6 million in the previous year, according to newly released statistics from The Jewish Agency for Israel. According to the Jewish Agency, Among the global Jewish population, the number of Jews in Israel is 7,200,000, an increase from 7,080,00 last year. Meanwhile, about 8.5 million live outside Israel, with approximately 6.3 million of them living in the United States. The Jewish population numbers refer to persons who define themselves as Jews by religion or otherwise and who do not identify with another religion. The following are updated Jewish population figures from countries with a significant Jewish population as of January 2023.

Addis Ababa September 15/2023(ENA):- The Deputy Prime Minister and Foreign Minister of Ethiopia, Demeke Mekonnen, and his entourage arrived in Havana, Cuba today. Upon arrival at Jose Marti International Airport, the deputy prime minister and foreign minister was warmly welcomed by officials from the Ministry of Foreign Affairs of Cuba and Ethiopian Ambassador to Cuba, Genet Teshome. Demeke is anticipated to lead the Ethiopian delegation at the Heads of State and Government Summit of the Group of 77 + China taking place in Cuba from 15 to 16 September 2023. The summit will deliberate on Current Development Challenges: The Role of Science, Technology and Innovations.

Ethiopian Airlines Group, the fastest-growing global airline brand and the continent’s leading airline, has been declared the ‘Best African Airline’ at Business Traveller Awards 2023. The awards has named Ethiopian as the Best African Airline for four years in a row, since 2020. Ethiopian Airlines Group CEO Mesfin Tasew said, “We are extremely happy to have won the much contested and globally acclaimed Business Traveller Awards as the Best African Airline. It has won the much-coveted multiple industry awards from Business Traveller Awards, SKYTRAX World Airline Awards and APEX Passenger Choice Awards among others. Business Traveller is the leading magazine for frequent business traveller.

It has emerged that Airbus has suffered a data breach through the customer account of Turkish Airlines, giving access to information on 3,000 of the manufacturer’s suppliers. Gone by the alias USDoD, the information contains data on 3,000 suppliers, and it was identified through a compromised account belonging to the Turkish carrier. Such sensitive data could get into the wrong hands and prompt further attacks, or potentially competitors could get a hold of that info. This is a developing story. More to follow as updates come through.

DUBAI, United Arab Emirates (AP) — A delegation from Yemen’s Houthi rebels has flown into Saudi Arabia for talks with the kingdom on potentially ending the yearslong war tearing at the Arab world’s poorest nation, officials say. The substance of the letters was not publicly acknowledged by either country, but it came as an Omani delegation visited Houthi officials in Sanaa. The English-language newspaper Arab News, which is owned by a company long tied to the kingdom’s royal family, reported that 10-member Houthi delegation had flown into Riyadh on Thursday night. The internationally recognized government fled to the south and then into exile in Saudi Arabia. Saudi Arabia, its local allies and the Houthis conducted a prisoner exchange in April as part of peace talk efforts.

An Ethiopian Airlines flight en route to Addis Ababa returned to the national capital soon after take off on Wednesday early morning after smoke was detected in the cockpit, according to sources. One of the sources said the flight ET 687, operated by a Boeing 777-8 aircraft, made an emergency landing at the Delhi airport around 3 am on Wednesday. A passenger, who was onboard the flight, told PTI that the plane returned to the airport soon after take off and made an emergency landing. "There was smoke... and many passengers panicked," the passenger said on the condition of anonymity. The flight was to fly to the Ethiopian city of Addis Ababa.