BMW Group, Airbus, Quantinuum collaborate for mobility research – New Business Ethiopia
The three companies plan further collaboration to explore the use of quantum computing to address relevant industrial challenges. Science-led and enterprise-driven, Quantinuum accelerates quantum computing and the development of applications across chemistry, cybersecurity, finance and optimization. With its four brands BMW, MINI, Rolls-Royce and BMW Motorrad, the BMW Group is the world’s leading premium manufacturer of automobiles and motorcycles and also provides premium financial and mobility services. In 2022, the BMW Group sold nearly 2.4 million passenger vehicles and more than 202,000 motorcycles worldwide. The success of the BMW Group has always been based on long-term thinking and responsible action.
Source:News Business Ethiopia
August 03, 2023 07:50 UTC
Mauritania’s quest for green hydrogen financing – New Business Ethiopia
The Support of the World Bank and the AfDBThe African Development Bank (AfDB) and the World Bank have emerged as top advocates for Mauritania’s green hydrogen initiatives. These developments barely scratch the surface of the country’s green hydrogen potential, and the government is inviting new private players to join the market. In Search of State PartnersMauritania has also turned to its regional neighbors to finance the green hydrogen market. Last June, he proposed that Belgium serve as the first entry point for Mauritanian green hydrogen in Europe. China intends to put 50,000 hydrogen fuel-cell vehicles on the road by 2025, as well as establish a number of hydrogen-recharging stations, making it a viable market for Mauritanian green hydrogen.
Source:News Business Ethiopia
August 03, 2023 07:34 UTC
Golden Jaguars go down to Ethiopia 0-2
Golden Jaguars go down to Ethiopia 0-2The Golden Jaguars lost to Ethiopia 0-2 in an international friendly yesterday at the Segra Field in Leesburg, Virginia, United States of America. Guyana’s starting XI for their maiden encounter against African opposition comprised Akel Clarke, Jeremy Garrett, Reiss Greenidge, Curtez Kellman, Leo Lovell, Raushan Ritch, Daniel Wilson, Darron Niles, Kelsey Benjamin, Deon Moore, and Nicholas MacArthur. Shemeles Bekele settled the outcome with a double. He opened the scoring for Ethiopia in the 11th minute to ensure they seized the lead heading into the halftime interval. Bekele then sealed the outcome with a 76th minute conversion.
Source:Ethiopian News
August 03, 2023 07:02 UTC
Ethiopian Embassy launches green legacy initiative
The Embassy of the Federal Democratic Republic of Ethiopia (FDRE) in Islamabad on Wednesday launched the Green Legacy Initiative which is a brainchild of the Prime Minister H.E. He said 25 billion seedlings of trees, fruits, and cattle feeds were planted during first phase of the Green Legacy Initiative which was launched by PM H.E. The ambassador said this far-reaching initiative had also made significant strides in job creation, contributing to over 1 million jobs in Ethiopia, while the number of nurseries in the country surged to 145,000, thanks to the Green Legacy Initiative. He said the Green Legacy Initiative exemplified a collective effort toward environmental conservation and served as a testament to Ethiopia’s commitment to combat climate change and foster a sustainable future for generations to come. He welcomed the Green Legacy Initiative in Pakistan and vowed cooperation with the FDRE Government in this regard.
Source:Ethiopian News
August 03, 2023 06:53 UTC
Ethiopia: NBE Finalizes Regulatory Framework for Foreign Banks
The Governor of the National Bank of Ethiopia, Mamo Mihretu, has stated that the bank is working hard to finalize a regulatory framework that will allow foreign banks to operate in Ethiopia. This is part of an effort to deepen financial intermediation, regulate the financial sector, and accelerate digitization efforts. The Bank is also finalizing a three-year reform program that aims to address inflation and external stability issues. Additionally, Ethiopia is launching a comprehensive economic reform program to achieve macroeconomic stability, balance the economy, and support the productive sector. NBE is working on capacity building, training, strengthening cyber security, financial stability frameworks, and supervision and monitoring mechanisms.
Source:Ethiopian News
August 03, 2023 03:32 UTC
Cabbie held for duping Ethiopian of Rs 31,000
MUMBAI: A taxi driver has been arrested for duping an Ethiopian national of Rs 31,000 when she was alighting from his cab in south Mumbai. "After reaching the hotel gate, while the passenger was alighting, her purse fell and cash tumbled out. She had Rs 50,700 with her. The taxi driver under the pretext of helping her, took away a some notes," an officer said.When the complainant counted the money, she found it was far less than what she had brought along. Later, the taxi driver and his friend asked her to leave and pulled her out of the taxi.
Source:Ethiopian News
August 03, 2023 02:32 UTC
Heavy duty truck drivers feeling bitter over unending bribe request of security forces at checkpoints
Image from Made in China siteBy Staff ReporterADDIS ABABA – (BORKENA) – Heavy duty truck drivers expressed their dissatisfaction regarding the bribes they have been asked by the security forces at every checkpoint. The truck drivers disclosed this to Addis Maleda that they are feeling very bitter about the bribe being demanded by the security forces at the checkpoints located at the entrance and exit gates of Addis Ababa. Taking this into account, the drivers have taken permission from the Addis Ababa Traffic Management Agency to move at any time, according to the news source. Meanwhile, sources said that sixty-three people who were travelling from Amhara region to Addis Ababa were kidnapped by Shene militants. Local residents told Addis Maleda that the people were kidnapped by Shene militants on Monday July 31/2023 in an area called Tulu Milki in Kuyu Woreda, North Shewa Zone of Oromia Region.
Source:Ethiopian News
August 03, 2023 02:09 UTC
Ethnic Oromo Nationalist gunmen reportedly kidnapped 63 passengers
Oromo Liberation Army gunmen (photo : file/social media )borkenaGunmen linked to the group that calls itself Oromo Liberation Army (OLA) – a radical ethnic Oromo militant group – reportedly kidnapped passengers who were traveling from the Amhara region to the Ethiopian capital Addis Ababa. He added that similar and recurring incidents have been happening on passengers from the Amhara region, busses, and truck drivers. In June of this year, travelers from Amhara region to Gerbe Gurecha were stopped on the way and over 50 drivers and passengers were kidnapped. Authorities in the Amhara region have been calling on Oromia regional state and security to protect the safety and security of passengers. OLA has been operating mainly in the Oromo region of Ethiopia after Abiy Ahmed took office as Prime Minister.
Source:Ethiopian News
August 03, 2023 01:23 UTC
World Bank Supports Ethiopia to Expand Access to Education and Nutrition Services, Boost Resilience, and Build Social Cohesion
With a budget of $400 million, this program is set to make a significant impact on the lives of 97 million Ethiopians and 800,000 refugees. The World Bank approved the program on June 16, 2023, recognizing the crucial need to improve education and nutrition services nationwide. These crises have disrupted essential health services, reversing the significant progress Ethiopia achieved in health outcomes and service delivery over the past decade. Even prior to the crises, Ethiopian and refugee children had poor nutrition and low learning outcomes. “This project arrives at a pivotal moment for Ethiopia as it seeks to boost social cohesion and champion peacebuilding.
Source:Ethiopian News
August 03, 2023 01:06 UTC
Ethiopian embassy launches green legacy initiative
He said 25 billion seedlings of trees, fruits, and cattle feeds were planted during first phase of the Green Legacy Initiative which was launched by PM Dr. Abiy Ahmed in 2019. The ambassador said this far-reaching initiative had also made significant strides in job creation, contributing to over 1 million jobs in Ethiopia, while the number of nurseries in the country surged to 145,000, thanks to the Green Legacy Initiative. Beyond national borders, he said the Green Legacy Initiative earned recognition at the international and regional levels, inspiring neighbouring countries to undertake massive tree plantation campaigns to shield the African continent from the adverse impacts of climate change. He said the Green Legacy Initiative exemplified a collective effort toward environmental conservation and served as a testament to Ethiopia’s commitment to combat climate change and foster a sustainable future for generations to come. He welcomed the Green Legacy Initiative in Pakistan and vowed cooperation with the FDRE government in this regard.
Source:Ethiopian News
August 03, 2023 01:02 UTC
Ethiopian Embassy launches Green Legacy initiative
ISLAMABAD - The Embassy of the Federal Democratic Republic of Ethiopia (FDRE) in Islamabad on Wednesday launched the Green Legacy Initiative which is a brainchild of the Prime Minister Dr Abiy Ahmed, designed to address climate related issues, reduce poverty, preserve environment and ensure sustainable development. Speaking on the occasion, the Ethiopian Ambassador praised the visionary leadership of Prime Minister Dr Abiy Ahmed and commended the Green Legacy Initiative for its significant impact in addressing climate challenges, conserving the environment, generating employment opportunities, and ensuring food security in Ethiopia. The ambassador said this far-reaching initiative had also made significant strides in job creation, contributing to over 1 million jobs in Ethiopia, while the number of nurseries in the country surged to 145,000, thanks to the Green Legacy Initiative. Beyond national borders, he said the Green Legacy Initiative earned recognition at the international and regional levels, inspiring neighbouring countries to undertake massive tree plantation campaigns to shield the African continent from the adverse impacts of climate change. He welcomed the Green Legacy Initiative in Pakistan and vowed cooperation with the FDRE government in this regard.
Source:Ethiopian News
August 03, 2023 00:46 UTC
Ethiopian Laureate Melaku Worede, renowned conservationist and agronomist, dies at 87
MELAKU WOREDEPlace of Birth: Shewa, EthiopiaDate of Birth: 1936Date of Death: July 31, 2023Education: University of Nebraska, USA (PhD in Agronomy)Ethiopian conservationist, agronomist and Right Livelihood Laureate Melaku Worede, who established one of the world’s premier genetic conservation systems, passed away on Monday, July 31 at the age of 87. His endeavours led to the establishment of Africa’s finest facility and one of the world’s top genetic conservation systems. Using exclusively Ethiopian staff, Worede also cultivated a new generation of plant breeders and geneticists. He served as Chair of the UN Food and Agriculture Organization’s Commission on Plant Genetic Resources and as a Board member of the International Plant Genetic Resources Institute and the Rural Advancement Foundation International. Worede received the Right Livelihood Award in 1989 “for preserving Ethiopia’s genetic wealth by building one of the finest seed conservation centres in the world.”Source; Right Livelihood
Source:Ethiopian News
August 02, 2023 22:21 UTC
Sources report multiple injuries following clashes between the Ethiopian military and a militia in Amhara.
In Ethiopia’s Amhara region, the military has clashed with fighters from the Fano militia, causing more than a dozen injuries, according to residents. The Fano militia was once an ally of the Ethiopian army during the two-year civil war against the Tigray region, which ended in November. The relationship between the Fano militia and the national government has deteriorated due to perceived disregard for Amhara’s security. AdvertisementThe ENDF spokesperson mentioned that the military would take action against Fano for “disturbing the country’s peace” following recent incidents where Fano fighters opened fire on ENDF soldiers. Protesters believed this move aimed to weaken the Amhara region, which the federal government denied.
Source:Ethiopian News
August 02, 2023 21:53 UTC
Signs of FANO, Ethiopian Defense Force continued fighting
Image shared on social media purportedly showing attacked Defense Force Military truckborkenaA day after the Ethiopian Defense Force issued a statement regarding the situation in the Amhara region of Ethiopia, reports indicate that there are signs of continued fighting. The statement from the Defense Force that was released on Tuesday trashed news of war between FANO and the Defense Force as something overinflated and the works of the media with profiteering agenda. It has escalated to a point where the Defense Force has to use heavy weaponry and the number of the Defense Force deployed to the region is said to be swollen. Heavy casualty from the FANO, the Defense Force, and the civilian population is reported. Casualty is said to be heavy in this area too – and from FANO, the Defense Force, and the civilian population.
Source:Ethiopian News
August 02, 2023 17:18 UTC