Items filtered by date: Wednesday, 08 March 2017

Addis Ababa March 08/2017 Italy has extended 500,000 Euros as a contribution to the multi-donor imitative for private sector development in Ethiopia.

The agreement that is meant to enhance the initiative of “promoting and investing in the private sector” was signed between the Italian Ministry of Foreign Affairs and the International Finance Corporation today.

Italy’s Ambassador to Ethiopia, Giuseppe Mistretta and Head of Development Partner Relations Sub-Saharan Africa of International Finance Corporation (IFC) Eva Bakonyi signed the agreement.

During the signing ceremony, the ambassador said “apart from public service such as health, education and water sanitation we believe that the development of the private sector is necessary for the development of Ethiopia and Africa in general.”

As long as we create better investment and job opportunity, we also might reduce the pressure of irregular migration, Mistretta added.

Head of Development Partner Relations Sub-Saharan Africa of IFC stated on her part that “we cannot imagine Ethiopia can continue to grow with this impressive rate without the private sector and especially without creating jobs and reducing poverty.”

Bakonyi pointed out that the main mission of IFC and the Multi-Donor Initiative (MDI) is to eliminate the barriers for private sectors development.

And “for the private sector to create jobs you need to have a conducive environment, such as finance which is favorable for the private sector and this donation is an additional contribution,” she further elaborated.

Ministry of Industry Director of Monitoring and Evaluation, Ahmed Nuru said the “government is transforming the economy, creating a broader economy where the public benefits from the quality of the economic growth.”

In terms of addressing the challenges of migration, it has plans of taking production to rural transformation centers so that citizens can have not only jobs but also own means of production, the director added.

“We have very big vision of creating an economy which is part of the global economy and flexible as well as inclusive for our industrial policy is a private-led industrial economy,” he noted.

The main mandate of IFC is to create an enhanced market which would allow private sectors locally and internationally through technical assistance and advisory services.

Published in Economy

Addis Ababa March 08/2017 Empowering  women in all aspects and at every level as well as acknowledging their contribution in socio-economic and political development is crucial for the future generation, according to the Chairperson of the African Union Commission (AU).

AU’s International Women’s Day was celebrated in the premises of the headquarters today.

The celebration of the day accords nations the opportunity to marshal efforts to strengthen women’s rights and their participation in social, economic and political development.

The empowerment of women at all levels is critical, not only for them but also for the future generation, Chairperson Dr. Zuma said, adding that “we have a lot to do even though we have made progress to celebrate in this regard.”

Empowerment will create opportunity for women and men to organize themselves for social transformation, anchored on values and principles that ensure enjoyment of human rights and fundamental freedom for all, a concept note distributed on the occasion stated.

Dr. Zuma underlined that countries should focus on minimizing the gaps in gender equality and find creative way to mobilize women for economic empowerment.

She indicated that gender equality is very important in working place since diversified work place would help to make growth more effective and competitiveness possible. 

However, the chairperson pointed out the inequality and harassment women face at working place, suggesting to governments to support the struggle of women in elimination the deep rooted problems.

Governments must acknowledge the role women play in looking after kids, looking after home, she elaborated, adding that that the countries must have to acknowledge such kinds of works as very important work.

The chairperson finally urged stakeholders to discharge their responsibility in supporting efforts of empowering women in all aspect.


Published in Social

Beijing  March 08/2017 Chinese Foreign Minister Wang Yi reiterated China’s firm stance to further enhance cooperation with Africa.

“No matter how the international situation or the world economy may evolve, there will be no weakening in China’s support for Africa”, he affirmed.

The Foreign Minister made the remarks at a press conference on the sidelines of the annual session of National People’s Congress, which is being held in Beijing.

China and Africa have close relations with shared future and cooperation based on mutual benefit, Wang said. "What distinguishes China-Africa cooperation is that China always keeps its words," says the Foreign Minister elaborating China’s partnership for Africa.

He mentioned the outcomes of the Forum on China-Africa Cooperation held in Johannesburg, South Africa as a demonstration for China’s strong tie to Africa.

The plan adopted at the Forum is being implemented in a swift and all-rounded way, nearly half of the promised 60 billion USD funding support has been disbursed or arranged so far, Wang underlined.

He mentioned some of the major projects being undertaken in African countries to demonstrate China’s support to Africa. He stated that the Addis Ababa-Djibouti railway has been completed and the Mombasa-Nairobi railway is under way and will be concluded soon.

The special economic zone in the Republic of Congo, an integrated port development project in Tanzania and steady progress has been made in building several industrial parks across Africa, are also the outcomes of China’s pledge for the continent.

China­-Africa cooperation has undergone three shifts to respond to Africa’s needs. He mentioned the move from government oriented to market driven; from trading of goods to capacity cooperation; and from engineering contracts to capital investment and operations.

The three shifts will add new momentum and opportunities for Africa’s sustainable development, he added

“There is no problem in what so ever in China­-Africa cooperation, the only thing is we need to speed up work and undertake more cooperation projects”, Wang insisted.

China is and will continue to be Africa’s most reliable development partner in agricultural modernization, speeding up industrialization and boosting capacity for home grown development, he added.

One Belt, One Road

The first forum on China’s One Belt, One Road initiative, an economic and diplomatic program that could transform trade, will be held in May 2017, the Foreign Minister said.

According to Wang, the forum is believed to help rebalancing globalization and is expected to be attended by more than 20 leaders, including Prime Minister Hailemariam Desalegn.

China has advanced the implementation of the Belt and Road initiative and opened a new chapter of openness and win-win cooperation, he added.

The Initiative focusing in transforming China’s cooperation with Asia and Africa in areas of coordinating development policies, forging infrastructure and facilitates networks, strengthening investment and trade relations as well as deepening social and cultural exchanges.

Published in Politics
Wednesday, 08 March 2017 22:15

Preps Finalized to Host CAF General Assembly

Addis Ababa March 08/2017 Preparations have finalized to successfully host the 39th ordinary general assembly of the Confederation of African Football (CAF), the Ethiopian Football Federation said.

The event is "historic and unique" for Ethiopia that is going to host the CAF General Assembly after 51 years, Juneidin Basha President of the Federation told ENA.

Holding the meeting in Ethiopia, the founding member of CAF, is appropriate, as it coincides with the 60th founding anniversary of CAF, he said.

Five-hundred participants including CAF member countries and well known football players are expected at the event.

According to Juneidin, the event will allow Ethiopia to attract more attention from CAF members in its bid to host the 2025African Cup of Nations.

The session will take place at the African Union Headquarters on the 16th of March.

The CAF presidential elections will take place on the day.

Issa Hayatou, who has been on the helm of CAF since 1988, is seeking an eighth term.

CAF last year brought a new rule that limits the presidency to just three four-year terms in office from this year’s election.

As the ruling only applies since it was passed in September, Hayatou, CAF’s longest serving ruler who has led the organization for 29 years, will compete for the presidency.

Published in Sport

Addis Ababa March 08/2017A  five-year project that will enable to ensure sustainable land management system in the country through research is to be implemented.

Amhara and Benishangul Gumuz are the regional states where the research will be conducted. This was disclosed at a stakeholders discussion aimed at launching the research project held on Wednesday.

Debaki area in Benishanguel and Hawi Zone and the environs of Bahir Dar from Amhara state were selected based on their unique ecological profile.

The project which is estimated to cost five million USD is co-financed by Japan International Cooperation Agency (JICA) and a Japanese science and technology research institute.

Professionals from Japan universities’ like Shimane, Tottori and Tokyo in collaboration with professionals from Bahir Dar University will jointly undertake the research.

Dr. Eniyew Adigo, Lecturer and Researcher at Bahir Dar University said the main objective of the study is to provide research based recommendations on the country’s effort to ensure sustainable land management system and water conservation.

He further noted that the research will be carried out on the impacts of sustainable land development that was conducted in previous years and their contribution to reduction of soil erosion and increasing production and productivity.

Furthermore, the findings from the research would help farmers to be productive through developing and adapting soil and water conservation technologies, protecting soil fertility and improving production of fodder and their feeding system.

This joint research program in which professionals from the two countries are involved would also help to accelerate transfer of knowledge and technology, Prof. Atsushi Tsunekawa of Tottori University said.

The joint research project will create an opportunity to bring Japan’s rich potential in science and technology and replicate them to the conditions in Ethiopia.

Published in Technology

Addis Ababa 08/2017 An agreement that will enable Ethiopia to realize the digitalization of TV transmission concluded with a U.S. - based company.

The Information Network Security Agency (INSA) will oversee the project to be implemented by the U.S. based GatesAir.

The transfer of TV transmission technology from analogue to digital is expected to cost 34 million USD, coordinator of the project Gosa Demsei told ENA.

The project will be implemented in three phases, he said. He mentioned that the development of infrastructures, launching trial service and fully transfer into the digital system are the phases.

Upon completion, the project will enable to transmit a minimum of 22 channels, he said.   

According to the coordinator, fully digitalizing the transmission will be realized four to eight years.  

Published in Technology
Wednesday, 08 March 2017 18:51

Ethiopia Names New Ambassador to Somalia

Addis Ababa March 08/2017 President Mulatu Teshome appointed Jemaludin Mustafa Omar ambassador to Somalia.

The Ethiopian embassy is one of foreign representations in Somalia. In addition to the embassy in Mogadishu, Ethiopia also has a consulate general in Garowe.

The Ethiopian embassy in Mogadishu is one of 83 Ethiopian diplomatic and consular representations abroad.

Published in Politics

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