Items filtered by date: Friday, 01 September 2017

Addis Ababa September 01/2017 Prime Minister Hailemariam Desalegn affirmed that Ethiopia will continue to attract foreign direct investment in all sectors to bring industrial development.

 While discussing with a delegation of All-China Federation of Industry and Commerce at his office, the Premier briefed the delegation that the national efforts to lure anchor companies will continue strengthened.

The All-China Federation of Industry and Commerce consists large companies operating in different sectors.

 Hailemariam briefed the delegation that his country is creating favorable investment environment for companies that are desirous to invest in the country, according to the Prime Minister's Special Envoy, Ambassador Birhane Gebre-Chiristos.

 The discussion was focused on Ethiopia’s efforts being exerted towards realizing industrial development, Ambassador Birhane said.

 After the discussion, President of Huajian Group HuaRong Zhang told reporters that more Chinese companies are coming to Ethiopia noting that the country is becoming an industrial hub.

 Noting that many Chinese companies are investing in Ethiopia particularly in the textiles industry, the President expressed belief that the number will excel.

 As the number of companies that invest here increased, more jobs will be created, he said, adding the Huajian Group alone has planned to create more than 15,000 jobs in the future.

 He appreciated the way that the government of Ethiopia uses to attract Chinese companies and the support it extends to the companies.

 Chinese companies are extensively engaged in Ethiopia in various areas starting from road construction to manufacturing industries.

Published in Economy

Addis Ababa September 01/2017 Five officials who have been working at different levels of responsibility in the Ethiopian Shipping and Logistics Service Enterprise (ESL) were apprehended because of alleged corrupt practices.

Three of the detained officials were Deputy CEOs, while the remaining two were working as department and financial heads.

The detainees are deputy CEO of port and terminal services, Desalegn Gebrehiwot; deputy CEO of corporate services, Sisay Abaferda; deputy CEO of shipping services, Alemu Ambaye; plan and business development head, Siraj Abdulahi; and finance head, Samuel Melaku. 

Minister of Government Communication Office, Dr Negeri Lencho told ENA that the move displayed the continued commitment of the government in combating corruption.

He said that the continuity to apprehended suspected individuals is intended to ensure accountability.

 Since the launch of the crackdown, the government has apprehended more than 55 officials, brokers and investors alleged with corrupt practices.

Published in Social
Friday, 01 September 2017 21:47

Premier Called on Public to Strive for Dev’t

Addis Ababa September 01/2017 Prime Minister Hailiemariam Desalegn has called on the public to work hard in the coming Ethiopian year for the sustainability of the ongoing efforts towards ensuring development.

 During one of the consecutive events organized to welcome the New Year, Hailemariam urged the public to stand in unison and work in an integrated way to enhance development.

 Minister Government Communications Affairs Office Dr. Negeri Lencho for his part said that the country is marking the day of love as love is the basement to progress.

As the country is home to different ethnic groups with diverse culture, the journey towards development can only be successful with love and through unity.

During the occasion, the Prime Minister has received a postcard with a New Year wish and flower from Mayor of the Addis Ababa City Administration as part of the celebration.

 Ethiopia has already launched a 10-day event to welcome the upcoming New Year by recognizing the achievements that the nation has gained over the past decade.

 The special events are going to be celebrated at the national level for 10 consecutive days starting from today till the eve of the 2010 Ethiopian New Year.

 Today, at the first day of the welcoming events, the nation has marked the day of love. The 10-day events are going to be celebrated under different themes.

Published in Social

Addis Ababa September 01/2017 The Grand Renaissance Dam in which Ethiopia is building along the Nile could be a motivation for African countries in terms of mobilizing domestic resources, an expert from African Climate Policy Center (ACPC) said.

 Senior Expert on Energy and Climate Change at ACPC, Linus Mofor said the GERD is a manifestation of well-planned domestic resources mobilization efforts in financing a country’s resources.

  “Ethiopia has done a good job with its own resources. When it’s completed and open for use, then we will have a big catalyst and big motivation for other African countries who have the opportunity and who have resources to develop” he said.

 Despite Africa has a huge potential for renewable energy, the expert noted the energy deficit in the continent that even hinders its development.

 Limitation of investors’ involvement, unable to properly mobilize domestic resources, and lack of integrated markets, are among other the challenges in the development of renewable resources, he noted.

 In this regard, he stressed the need for countries to learn from each other to develop their energy resources thereby accelerate development.

 The development of this huge project sets the direction for African countries to replicate the determination and courage that Ethiopia has exhibited to develop its resources, Mofor said.

 “The success of GERD is not only important for Ethiopia, but is also important for all African countries, because this is an opportunity to open eyes for any country noting that when there is a will there is a way” he said.

 Such flagship projects will create an opportunity to ensure access to energy and would also be instrumental in driving the trade relations in the region.

 “When we have a big hydro power resource likes GERD integrated into the regional power system we have advantage to stabilize the power system. We also have advantage to increase opportunity for favorable renewable energy,” he noted.

 In addition to producing power for Ethiopia, he said the dam “will open opportunity for trade as well as interconnecting the region with energy. When Ethiopia will produce more than what it needs, it can sell the energy to neighboring countries.”

 As the owners of GERD and source of finance, the people and government of Ethiopia, have continued to support the construction of the dam which has now reached an important phase.

 PR Head at the Office of National Council for the Coordination of Public Participation on the Construction of GERD, Hailu Abraham told ENA all Ethiopian residing home and abroad have been contributing for the dam in various ways.

  “The peoples and government of Ethiopia, as the owner the dam and source of finance had continued to contribute to the construction of the dam which has now reached on an important phase.”

 Since the launching of the project in 2011, over 4.7 billion Birr was raised by public servants and private employees and 783 million Birr by the Diasporas. 

 To date, the public has contributed more than 10.1 billion Birr for the construction of the dam, Hailu said.

 The construction of the dam, with an installed power generation capacity of 6,450MW, has so far consumed 4.7 billion dollars.

 The public diplomacy missions to various neighboring countries like Sudan and Egypt have also helped to promote awareness on the renaissance dam, he added.

  “The fact that the people and government are the owners of the dam has helped us to carry out our role effectively in the diplomatic sector.”

 The Grand Ethiopian Renaissance Dam, in which its construction was launched in 2011, is in the Benishangul-Gumuz regional state, about 15km east of the border with Sudan.

 Up on completion, the dam with installed generating capacity of 6,450 MW, will be the largest hydroelectric power plant in Africa as well as the 7th largest in the world.


Published in Economy

Addis Ababa September 01/2017 The Ethiopian Airlines, Africa’s largest airline group, has renewed its passenger reservations system with global travel technology provider, Sabre Corporation, a release the airline sent to ENA said. 

 The airline has signed up for a set of new technology solutions to support its continued growth as a world-class carrier. 

 Ethiopian Group CEO, Tewolde GebreMariam, said: “Our focus towards availing the latest Information Technology and travel system solution is one of the pillars in our long term growth plan, Vision 2025.”

 “Sabre’s technology partnership and expertise has been invaluable,  which is now further  flourishing  with cutting-edge technology  that   helps us ensure better customer experience and remain to be  an airline of choice among  travelers around the world” he added.

 Sabre Airline Solutions vice president,  Dino Gelmetti said, “Ethiopian Airlines is one of aviation’s most compelling success stories, having overcome industry challenges to drive rapid and sustained growth on a continent where profitability in aviation is extremely rare,”

 According to the vice president, for more than a decade, Sabre’s technology has been helping Ethiopian Airlines maximize profits and offer a network of flights more extensive than any other African airline. 

 As a result, it is now spearheading the African aviation industry and is a benchmark of success for other carriers on the continent and beyond.

 The next phase of development for Ethiopian Airlines is in enhancing its passenger experience such as introducing Sabre’s Intelligence Exchange.

 Noting that 80 percent of flights to, from and within Africa are operated by non-African airlines, Gelmetti said, “This move helps Ethiopian to better focus on understanding the individual needs of its passengers, while remaining to be an airline of choice among travelers.”

 Despite the daunting challenges in African aviation, Ethiopian Airlines has continued with thriving successes and has become the leading Aviation group in Africa, nine years ahead of its 15 years strategic growth roadmap, Vision 2025.

 Consistently posting record profits for the past seven years, Ethiopian has been using Sabre’s technology for its core reservations, network planning and ecommerce since 2005. 

Published in Economy
Friday, 01 September 2017 18:57

Ethiopian Muslims Celebrating Eid al-Adha

Addis Ababa September 01/2017 Ethiopian Muslims are celebrating the 1438th Eid al-Adha festival across the nation.

 Eid al-Adha is considered as the holier of the two Muslim holidays celebrated worldwide each year.

 It honors the willingness of Ibrahim to sacrifice his son Ismael, as an act of obedience to God's command.

  In his message to the faithful, representative of the Ethiopian Islamic Affairs Supreme Council Sheikh Kedir Hussein has called on the Muslim community to play their role in ensuring peace in the country.

 He urged Muslims to combat religious fanaticism and extremism since they are barriers to peace and development.

 Sheikh Kedir has stressed on the need to preserve the peaceful-coexistence among followers of different religions.

Published in Social

Addis Ababa September 01/2017 Ethiopia has launched a 10-day special event to warmly welcome its upcoming New Year by recognizing the achievements that the nation has gained over the past decade in various areas.

 The special events will be celebrated at the national level for 10 consecutive days starting from 1st September 2017 until the eve of the New Year.

 While launching the program, President Mulatau Teshome said that tangible and remarkable results have been gained over the past ten years with the active engagement of the public.

 The successes gained during the first decade of the third Ethiopian millennium are indicators of the path that we are pursuing to ensure the country’s renaissance and greatness and are appreciated by the international community, he added.

 Recalling that Ethiopia had been known for its abrupt poverty and famine, the president said that the scenario has changed for good and “Nowadays Ethiopia is known for its rapid economic growth”.

 Despite the progress the nation is still facing some challenges that could hinder the overall development of the country.

 “The way to registering the economic growth was not a bed of roses” said the President mentioning some of the challenges that the country is facing including the El Nino induced drought, unemployment and poor governance.

 Abuse of power and rent-seeking mentality that observed among some officials has escalated the challenges, he noted.

 The government is working round-the-clock to root out the identified problems once and for all while maintaining the public’s benefit from development, democracy and peace, the President said.

 Noting that these efforts of the government could only be fruitful with the participation of the public, President Mulatu called upon the public to continue its struggle against poor governance.

 The 10-day events are going to be celebrated under different themes including Day of Love, Mothers' and Children, Elders, Peace, Reading, Green Development and Unity, among others.

Published in Politics

Addis Ababa  September 01/2017 Senior political leaders who were on training urged to use the inputs they received to address public demands for good governance as a means of sustaining the ongoing reform.

During the closing of the training, representative of Meles Academy, Legesse Tulu urged the leadership to use the knowledge they get through the training to accelerate the ongoing reform.

The training would enable the participants to prepare themselves for discharging their responsibilities to effectively address the visible shortfalls on good governance, rent-seeking  and related concerns of the public.

 It would provide them with enhanced ideological concepts, developing skills and ensuring their political commitment and readiness for the tasks entrusted to them.

 During the third round of the program, over 850 higher-level leaders completed the 44-day training on various topics.

 The concepts and role of leadership in revolutionary democracy, fundamentals of building revolutionary party, science and art of leadership, rent seeking and its manifestation were among topics delivered to the participants.

 The move to train high-level leaders came following the in-depth reform process which started at the end of 2016 to provide a concrete answer to the concern of the public.

 The first objective of these reforms was to address unemployment, bad governance and further widen political space in the country.

 During the previous two rounds of the program, the academy provided trainings for 944 higher-level leaders.

Published in Social

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