subsidy reform – New Business Ethiopia
The South-South cooperation BRICS alliance brings together major […]Dairy products of Ethiopia: market, prospect BEHAK Exclusive – Ethiopia holds the largest cattle population from Africa which has estimated to be about 70 million heads of cattle. Out of total cattle population, the female cattle constitute about 56 percent and the remaining 44 percent are male. The remaining […]Ethiopia, India trade relation, products and prospect BEHAK Exclusive – Ethiopia (126.8 USD billion GDP, and about 123 million population in 2022) and India ($3.75 trillion GDP, and 1.42 billion population in 2022) have a long-standing trade relationship that dates back centuries. The trade ties between the two countries have been characterized by mutual cooperation and economic exchanges in various sectors. This […]Edible oil manufacturing, import market of Ethiopia BEHAK Exclusive- Edible oil is a crucial component of the Ethiopian diet, and its production plays a vital role in the country’s economy.
Source:News Business Ethiopia
September 06, 2023 13:14 UTC
African Energy Chamber welcomes Nigeria oil company deal – New Business Ethiopia
The African Energy Chamber (AEC) endorses the ground-breaking agreement between Oando PLC and Eni for the acquisition of 100% of the shares of Nigerian Agip Oil Company Limited (NAOC Ltd). This significant transaction holds immense potential for Nigeria’s energy sector and the wider African energy landscape. It positions Oando as a major contributor to Nigeria’s energy sector and underscores its commitment to furthering the country’s energy ambitions. Speedy approval will enable the parties involved to expedite the realization of the deal’s benefits, furthering Nigeria’s energy ambitions and attracting additional investments. “The Oando-Eni deal marks a significant milestone for Nigeria’s energy sector and underscores the potential for local participation and growth.
Source:News Business Ethiopia
September 06, 2023 12:47 UTC
Ethiopia’s Membership Of BRICS: Consequences and Prospects
Ethiopia’s BRICS Membership ProcessAfter holding dozens of successful meetings and summits in the last decade, increasing the economic status and leading trade capabilities of BRICS, Ethiopia’s interest in accompanying or participating in BRICS Plus has increased. Given Ethiopia’s growth model based on infrastructure investment, public investment by BRICS members will stimulate economic growth in 2027-24. By membership in BRICS, Ethiopia wants to increase trade with domestic, on-US Dollar currencies, minimize costs, and develop e-commerce. BRICS assistance in achieving Ethiopia’s development goals and prospects, improving and increasing tourists from the main and new BRICS countries will be part of other effects of joining BRICS. The Ethiopia – BRICS VisionThere are barriers to doing business in Ethiopia, and the country needs a strategic vision document to create macroeconomic and political stability for business growth and better absorption of BRICS countries.
Source:Ethiopian News
September 06, 2023 12:38 UTC
Africa Climate Summit links ‘unfair’ debt burden with calls to make continent’s green assets pay off
NAIROBI, Kenya (AP) — Climate change is “relentlessly eating away” at Africa’s economic progress and it’s time to have a global conversation about a carbon tax on polluters, Kenya’s president declared Tuesday as the first Africa Climate Summit got underway. He and other leaders urged reforms to the global financial structures that have left African nations paying about five times more to borrow money than others, worsening the debt crisis for many. Africa has more than 30 of the world’s most indebted countries, Kenya’s Cabinet secretary for the environment, Soipan Tuya, said. Africa’s GDP should be revalued for its assets, which include the world’s second-largest rainforest and biodiversity, African Development Bank President Akinwumi Adesina said. “It is an African story, and I daresay it’s a global story, too.”___Follow AP’s coverage of the climate at https://apnews.com/climate-and-environment and of Africa at https://apnews.com/hub/africa
Source:Ethiopian News
September 06, 2023 10:50 UTC
Ethiopian moves ops to new airport in Mexico
Ethiopian Cargo and Logistics Services, the largest cargo network operator in Africa, has repositioned its operations from Mexico City Airport to the brand-new Felipe Ángeles International Airport (NLU), starting from September 2, 2023. Ethiopian Airlines Group CEO Mesfin Tasew said: “We have been proudly serving the Mexican market from the bustling Mexico City Airport (MEX) for over the past six years. “Our relocation to the Felipe Ángeles International Airport (NLU) brings with it a new chapter of possibilities. Likewise, Ethiopian will continue to serve Felipe Ángeles International Airport twice a week. Deploying its modern freighter aircraft, the B777-200F, Ethiopian Airlines operates to five cities in the Americas: Mexico City, Bogota, Santiago, Sao Paulo and Miami.
Source:Ethiopian News
September 06, 2023 09:55 UTC
Akobo Minerals Secures NOK34.4 Million Financing for Ethiopia Mine; Stock Gains 10%
Akobo Minerals AB (publ) is a Sweden-based gold exploration and boutique mining company, with ongoing exploration and mine development in the Gambela region and Dima Woreda, southwest Ethiopia. Akobo Minerals has a clear strategy aimed at building a portfolio of gold resources through high-impact exploration and mining, while adhering to a lean business operation. The Company holds an exploration license over key targets in the area. Akobo Minerals AB (publ) focuses on two areas of exploration: Segele and Joru. Segele is a smaller area with high concentration of gold, while Joru covers a larger area, with a lower gold content.
Source:Ethiopian News
September 06, 2023 09:51 UTC
News: Civil society groups call for peace, reform and accountability in joint new year appeal
News: Civil society groups call for peace, reform and accountability in joint new year appealCSOs new year peace call (Picture:CARD)Addis Abeba – A coalition of 35 local civil society organizations has issued a joint appeal calling for concerted efforts to build sustainable peace, protect human rights, and promote democratic reforms across Ethiopia during the upcoming Ethiopian new year. The groups, including prominent human rights advocates like the Consortium of Ethiopian Human Rights Organizations, the Ethiopian Human Rights Council and Center for Advancement of Rights and Democracy (CARD), highlighted both progress and persistent challenges over the past year. They praised recent peace talks resulting in ceasefire deals in Tigray, Benishangul-Gumuz and Gambella, while lamenting ongoing conflicts, restrictions on rights, and abuses targeting vulnerable groups. The civil society organizations also called for stemming inflammatory speech and misinformation, protecting civic space, and urged all parties to collaborate in peacebuilding efforts. “We stand ready to work cooperatively with all stakeholders toward these goals.”The 35 signatories represent a broad spectrum of Ethiopian civil society including prominent advocacy groups, women’s organizations, professional associations, rights watchdogs and community networking forums.
Source:Ethiopian News
September 06, 2023 09:30 UTC
Likud MK: 'Discrimination is everyone's problem'
Member of Knesset Tsega Melaku (Likud) says that the "Justice for Raphael" demonstrations brought back to the public agenda the issue of discriminatory treatment towards Ethiopians. "The woman charged in the Raphael Adana case was enveloped in support from two bodies: the Israel Police and the Prosecutor's Office. This indicates once again that there is discrimination and selective enforcement against Ethiopians. "Ethiopians are afraid of the police, but the opponents of the reform are not afraid of the police, but the police are afraid of them. There is discrimination against Ethiopians and it is not only related to the police but to the entire establishment.
Source:Ethiopian News
September 06, 2023 09:14 UTC
Afro Vision Fashion Show Enables Ethiopian Talent to Shine
Recognizing its potential to connect with fashion enthusiasts and reach potential customers, Adem seized the opportunity to present her fashion designs at the Afro Vision Fashion Show. The Afro Vision Fashion Show is part of a series of annual beauty contests and fashion show events organized. Bruktawit Habtamu, a young Ethiopian model who won the Miss Five Star 2023 Beauty Contest in March, expressed her appreciation for the fashion show event. Habtamu said the lack of economic advantages and limited recognition of the modeling and fashion industry in Ethiopia have discouraged many individuals from pursuing it as a full-time career. Habtamu stressed that events like the Afro Vision Fashion Show offer a significant chance for aspiring Ethiopian models and designers to showcase their talent and gain exposure.
Source:Ethiopian News
September 06, 2023 08:34 UTC
Africa Climate Summit links 'unfair' debt burden with calls to make continent's green assets pay off
State Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington Washington D.C. West Virginia Wisconsin Wyoming Puerto Rico US Virgin Islands Armed Forces Americas Armed Forces Pacific Armed Forces Europe Northern Mariana Islands Marshall Islands American Samoa Federated States of Micronesia Guam Palau Alberta, Canada British Columbia, Canada Manitoba, Canada New Brunswick, Canada Newfoundland, Canada Nova Scotia, Canada Northwest Territories, Canada Nunavut, Canada Ontario, Canada Prince Edward Island, Canada Quebec, Canada Saskatchewan, Canada Yukon Territory, CanadaZip Code
Source:Ethiopian News
September 06, 2023 08:07 UTC
Ethiopian opposition party confirms government forces massacred 29 innocent civilians in Majete
Enat Party report – which cited sources from the affected area – indicated that the massacre in Majete took place in a house to house operation. borkenaEnat party, one of the opposition political parties in Ethiopia, on Tuesday confirmed that Ethiopian government soldiers massacred 29 innocent civilians in Majete, North Shoa zone of the Amhara regional state. “We have learned that government soldiers killed 29 civilians in house to house operation in a horrifying manner. Enat party did not talk about the battle between Fano combatants and government soldiers deployed in the area. In its statement, Enat party said it vehemently condemns the recurring massacre of innocent civilians.
Source:Ethiopian News
September 06, 2023 06:08 UTC
African leaders seek united front to press green growth goals
"A new Africa is there and it means business," Ruto said, adding that the summit had seen funding pledges worth $23 billion "for green growth, mitigation and adaptation efforts" across the continent. Leaders will also demand that rich carbon polluters honour long-standing climate pledges for poorer nations. Analysts say a united African voice could generate momentum for a series of key gatherings leading to a crunch UN climate summit starting in November, including the G20 meeting in New Delhi this weekend. - African potential -Ruto said the summit had "successfully demonstrated that African solutions are not just appropriate for Africa's problems, they are necessary for global well-being". Efforts at the summit to up investment in renewables were given a boost on Tuesday, with the UAE pledging $4.5 billion to accelerate Africa's switch to clean energy.
Source:Ethiopian News
September 06, 2023 05:01 UTC
Opera now offers up to 1.5GB of data per month for free to Safaricom users in Ethiopia, launching its first free data campaign in the country
Opera now offers up to 1.5GB of data per month for free to Safaricom users in Ethiopia, launching its first free data campaign in the countryOSLO, Norway, 5 September 2023 -/African Media Agency(AMA)/- Opera – a leading global web innovator – is launching its free data campaign in Ethiopia. The deal excludes video streaming and file downloads, and is valid for the latest versions of Opera Mini and Opera for Android. Fast and secure browsersThe free data campaign is accessible through Opera’s mobile browsers Opera Mini and Opera for Android. So join the tens of millions of users across Africa who have already benefited from Opera’s free data campaigns: download Opera Mini or Opera for Android today. About OperaOpera is a web innovator building on more than 25 years of innovation that started with the Opera web browser.
Source:Ethiopian News
September 06, 2023 04:41 UTC
Africa Climate Summit Links 'Unfair' Debt Burden With Calls to Make Continent's Green Assets Pay Off
NAIROBI, Kenya (AP) — Climate change is “relentlessly eating away” at Africa’s economic progress and it’s time to have a global conversation about a carbon tax on polluters, Kenya’s president declared Tuesday as the first Africa Climate Summit got underway. He and other leaders urged reforms to the global financial structures that have left African nations paying about five times more to borrow money than others, worsening the debt crisis for many. Africa has more than 30 of the world’s most indebted countries, Kenya’s Cabinet secretary for the environment, Soipan Tuya, said. Africa’s GDP should be revalued for its assets, which include the world's second-largest rainforest and biodiversity, African Development Bank President Akinwumi Adesina said. “It is an African story, and I daresay it’s a global story, too.”___Follow AP’s coverage of the climate at https://apnews.com/climate-and-environment and of Africa at https://apnews.com/hub/africa
Source:Ethiopian News
September 06, 2023 04:15 UTC
“Kristallnacht” (By Dawit W Giorgis)
Dawit W GiorgisBy Dawit W GiorgisGlass breaking has several spiritual mythological meanings. It was coordinated by Adolf Hitler as is the terror unleashed on the Amhara people in Ethiopia by his clone: Abiy Ahmed. Kristallnacht was an important turning point for Germany’s Jews. Afterwards, many Jews concluded that there was no future for them in Nazi Germany. Amhara Christians with biblical names, the institution of the Coptic church and the judo Christian values are under attack officially.
Source:Ethiopian News
September 05, 2023 23:35 UTC