UN agency announces initiative to build Ethiopia's capacity in vaccine research, development
Addis Ababa, Nov 15 The United Nations Office for Project Services (UNOPS) has disclosed a new capacity-building initiative to build Ethiopia's capabilities in sustainable vaccine research and development. The UN agency said the initiative is designed to enhance public health and reduce Ethiopia's dependency on imported vaccines, ultimately empowering the country to meet current and future public health needs with local solutions. Firstly, the project will help Ethiopian officials and scientists participate in an experience-sharing visit to leading global vaccine manufacturing facilities. The visits are expected to allow Ethiopian officials and experts to establish benchmarks and adopt best practices in vaccine research, development, and production, providing a strong framework for Ethiopia's vaccine manufacturing infrastructure. Such capacity-building supports "will lay a strong foundation for a proficient and sustainable vaccine manufacturing industry in Ethiopia," the UNOPS said.
Source:Ethiopian News
November 15, 2024 15:47 UTC
Spate of child poisoning deaths sparks S.Africa xenophobia
You have permission to edit this article.
Source:Ethiopian News
November 15, 2024 15:25 UTC
Ethiopian Airlines Soars to New Heights, Named ‘Best African Airline’ Once Again at 2024 Business Traveler Awards in London
Ethiopian Airlines Soars to New Heights, Named ‘Best African Airline’ Once Again at 2024 Business Traveler Awards in LondonEthiopian Airlines Group, one of the world’s fastest-growing airline brands and Africa’s top carrier, is thrilled to announce its victory as the ‘Best African Airline’ at the 2024 Business Traveler Awards. Extending his congratulatory message, Mr. Mesfin Tasew, Ethiopian Airlines Group CEO, said, “We are pleased to have received the Business Traveller Award 2024 for five consecutive years. I would like to sincerely express my gratitude to the hardworking Ethiopian workforce whose commitment to excellence has brought us thus far.”Over its 78-year journey, Ethiopian Airlines has demonstrated extraordinary adaptability, agility, and resilience. Ethiopian Airlines’ success spans across both passenger and cargo services, with a vast global network that continues to grow rapidly. Business Traveller, a top magazine for frequent business travelers, conducts the Business Traveller Awards, where readers vote for their top choices.
Source:Ethiopian News
November 15, 2024 14:37 UTC
Ethiopia sees over 7.3mn malaria cases, 1,157 deaths in 9 months
More than 7.3 million people were diagnosed with malaria, and 1,157 deaths were reported in Ethiopia from Jan. 1 to Oct. 20, according to the World Health Organization (WHO). It said malaria transmission is also possible through blood transfusion, organ transplantation, or the sharing of needles or syringes contaminated with infected blood. Malaria poses a significant public health challenge in Ethiopia, where approximately 75% of the land mass is considered to be endemic to the disease, said the world health body. The UN health agency said four regions accounted for 81% of the reported cases and 89% of malaria deaths in 2024. It said the western part of Ethiopia is also experiencing a high malaria burden.
Source:Ethiopian News
November 15, 2024 13:17 UTC
Highlights from the winning entries in the Hamdan bin Mohammed bin Rashid Al Maktoum International Photography Award
In 2021, after several years living in London, Al-Zubaidi came home to Jeddah. The kitchen was strictly his mother’s territory, and his late-night culinary ventures didn’t go far beyond packets of instant noodles. Hijazi Corner is London’s first Saudi Arabian restaurant. During the pop-up stage, Al-Zubaidi’s Snapchat followers became more than fans; they became enablers of his culinary vision, bringing a piece of Saudi Arabia to his London kitchen. Two years after opening its doors, Hijazi Corner is a definite success, becoming one of London’s top-rated Middle Eastern eateries.
Source:Ethiopian News
November 15, 2024 13:16 UTC
Ethiopia to Unite 1,250 Couples From Across Africa
ADDIS ABABA — Ethiopia is gearing up to host a spectacular mass wedding ceremony in Addis Ababa, uniting 1,000 Ethiopian couples with 250 African counterparts. The grand event, organized by Yeshi Gabcha (Amharic for "Wedding of Thousands"), will take place on January 26, 2025, at Millennium Hall. The initiative not only brings together couples from Ethiopia and other African nations but also welcomes visitors from across the globe to witness the cultural diversity and traditions of Ethiopia. This will be the third Yeshi Gabcha event, following similar celebrations in 2012 and 2024. The Yeshi Gabcha initiative continues to serve as a platform to celebrate Ethiopia's cultural richness while uniting diverse communities under one grand celebration.
Source:Ethiopian News
November 15, 2024 10:31 UTC
Federal Executive Council approves N47.9trn budget for 2025
Minister of Budget and Economic Planning, Atiku Bagudu disclosed this Thursday while briefing State House Correspondents after the FEC meeting presided over by President Bola Ahmed Tinubu. To achieve the estimated revenue, the federal government had also projected oil revenue at N7.68 trn, with government owned enterprises expected to contribute N4.07 trn revenue. This fund will serve as the basis for the revival of long-term mortgage financing in the Nigerian economy. Reacting to the development, the Group Chief Executive Officer, Mr. Mele Kyari, congratulated the Production War Room Team that anchored the production recovery process. He said the interventions that led to the recovery of production cut across every segment of the production chain with security agencies closely monitoring the pipelines.
Source:Ethiopian News
November 15, 2024 01:27 UTC
Ethiopia Commodity Exchange (ECX) Daily Trade Data – 13 November 2024
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.
Source:Ethiopian News
November 15, 2024 01:15 UTC
Ethiopia summons Sudanese envoy over Nile dam war threat
November 14, 2024 (ADDIS ABABA) – Ethiopia summoned Sudan’s ambassador on Wednesday to protest comments by Sudan’s acting foreign minister suggesting possible war with Ethiopia if disagreements over the Grand Ethiopian Renaissance Dam (GERD) are not resolved. Ethiopia’s foreign ministry expressed “displeasure” with Youssif’s remarks to Ambassador Al-Zein Ibrahim, emphasizing its commitment to strong relations with Sudan. Diplomatic sources told Sudan Tribune that Youssif himself is expected to visit Addis Ababa soon, possibly to clarify his statements. Getachew reiterated Ethiopia’s commitment to resolving the GERD issue through dialogue and stressed that the dam poses no threat to downstream countries. Getachew also confirmed that the Nile Basin Agreement has entered into force with South Sudan’s recent ratification, opening the door for donor-funded development projects.
Source:Ethiopian News
November 14, 2024 21:44 UTC
UN, Ethiopia Launch Plan for Internal Displacement
The UN stresses that government-led, development-focused solutions are crucial for Ethiopia's long-term recovery, aligning with the UN Secretary-General's Action Agenda on Internal Displacement. Ethiopia is one of the 15 countries selected to implement the durable solutions agenda. "By supporting climate action, peacebuilding, and durable solutions to displacement, we can help Ethiopia achieve development progress and reduce suffering for millions. This Durable Solutions Strategy promotes the integration of humanitarian, development, peacebuilding nexus, and climate action efforts. "After years of concerted efforts, Ethiopia is ready to step up cooperation with the regions for coordinated planning to support displaced communities rebuild their lives."
Source:Ethiopian News
November 14, 2024 21:39 UTC
SITE and FICP announce membership initiative for FICP members
SITE and FICP partner to boost the incentive travel industry by offering dual memberships, expanding access to global networks and educational resources for corporate planners. CHICAGO – The Society for Incentive Travel Excellence (SITE) and Financial & Insurance Conference Professionals (FICP) announce an initiative to strengthen the global incentive travel industry. This initiative will grant FICP members access to SITE’s extensive network of professionals, education and resources specific to incentive travel, enhancing their ability to design and deliver world-class incentive programs. “We are thrilled to partner with FICP on this initiative,” said Annette Gregg, MBA, CMM, chief executive officer of SITE. Through their SITE membership, FICP members can now connect with the incentive travel industry’s best and brightest.
Source:Ethiopian News
November 14, 2024 20:23 UTC
Ethiopia: EthSwitch Reports a Net Profit of Birr 789.6 Million
EthSwitch S.C. has reported a net profit of ETB 789,609,373. for the 2023/2024 financial year. Solomon Desta, Chairperson of EthSwitch, attributed the success to the company's prudent expense management in a turbulent economic climate. As of June 30, 2024, the subscribed capital of the company stood at Birr 2.99 billion, with Birr 1.79 billion fully paid. This growth manifests the company further pouring strength within Ethiopia's digital payment platform and improvements related to interoperability between financial institutions. Solomon pointed out that this success was driven largely by the government's focus on advancing the Ethiopian digital finance scheme.
Source:Ethiopian News
November 14, 2024 19:30 UTC
Ethiopian ambassador presents investment, trade prospects to Pakistani businessmen
RAWALPINDI, NOV 14 /DNA/ – Ethiopian Ambassador, Jemal Beker Abdula, visited the Rawalpindi Chamber of Commerce and Industry (RCCI), engaging in discussions with RCCI President Usman Shaukat and other officials on enhancing trade and investment ties between Pakistan and Ethiopia. During the meeting, President Usman Shaukat provided an overview of RCCI’s ongoing initiatives and highlighted Ethiopia’s potential as a valuable market for Pakistan’s non-traditional exports, particularly in pharmaceuticals, agri-foods, defense equipment, and IT services. He noted that mutual trade delegations are essential for building networking opportunities and expanding trade cooperation between the two nations. Addressing the meeting, Ethiopian Ambassador H.E. A presentation was also shared with attendees, showcasing various opportunities for trade and investment in Ethiopia.
Source:Ethiopian News
November 14, 2024 19:05 UTC
Jews of Ethiopian descent plan state-of-the-art cultural and heritage center in Be’er Sheva
Members of Israel's Ethiopian Jewish Community Pictured with a Torah from Jewish National Fund-USA (Credit: JNF-USA)Earlier this year, the municipality began to renovate, however, the plan ran into issues. This is where Jewish National Fund-USA came into the picture. Jewish National Fund-USA has been involved in several projects on behalf of Shavu Banim – from donating a Torah scroll to agricultural ventures. “Shavu Banim is not just a building – this is the heart and the soul of Beer Sheva’s Ethiopian Jewish community,” said Avi. “We believe that 20,000 people could visit Shavu Banim each year, and we are working on building partnerships with organizations that bring visitors to Israel.
Source:Ethiopian News
November 14, 2024 16:28 UTC
The National Bank of Ethiopia Allows Exporters to Retain 50% of Foreign Currency Earnings Indefinitely
In a policy shift aimed at enhancing foreign currency flexibility for exporters, the National Bank of Ethiopia (NBE) announced that exporters would be allowed to retain 50 percent of the foreign currency they generate indefinitely. Under this new system, exporters can sell half of their foreign currency earnings immediately and hold the remaining half in their accounts in Ethiopia without time restrictions. Previously, exporters were required to sell 50 percent of their foreign currency earnings immediately to banks and were obligated to sell the remaining half within a month. “This new policy will provide exporters with the freedom to manage half of their earnings on their terms, eliminating the month-long selling deadline,” Mamo Mehretu said. The government’s macroeconomic reforms, which include overhauling foreign exchange management, have allowed the foreign exchange rate to be determined by the market rather than through direct government intervention.
Source:Ethiopian News
November 14, 2024 12:49 UTC