Items filtered by date: Tuesday, 12 September 2017

Addis Ababa September 12/2017 The government of Ethiopia has utilized very well all the funds it obtained from African Development Bank (AfDB), Official of the bank said.

A high-level delegation of the African Development Bank (AfDB), led by East African Constituency and Board of Director of AfDB Nyamajeje Calleb Weggoro, has visited Addis Ababa-Nairobi-Mombasa Road Project, Alaba power station, Mojo-Hawassa Expressway.

In a press conference he held today, Weggoro said the visit was to inspect the progress of AfDB funded projects in Ethiopia, particularly in transport and energy sectors.

During the visit to Addis Ababa-Nairobi-Mombasa Road Project “we have observed substantial progress which has been made specially the 300 km phase from Agaremariam to Moyale.”

According to him, some 80 percent of the Addis Ababa-Nairobi-Mombasa road project on the Ethiopia side is completed, while Kenyan side has finalized its share.

Ethiopia is expected to complete the remaining part of the project by the end of 2018, which will fully connect Ethiopia to Eastern Africa through Kenya, Weggoro stated.

Commenting on the countrywide electricity transmission and substation systems improvement project, he said it is crucial to provide energy for industrial parks and community.

The current portfolio of the bank investments is about 1.6 billion USD and comprises of the 22 operations in Ethiopia, of which the transport sector has the largest share.

Of the total amount, the transport takes 33 percent, social sector 16 percent, water and private sectors 11 and 16 percent respectively, it was indicated.

He stated that the complete projects and those nearing completion are having great socio-economic impact on the country economy. 

The African Development Bank has invested 4.6 billion USD in areas of transport, energy, agriculture, social sector, among others, since 1975.

Published in Economy

Addis Ababa September 12/2017 The need for comprehensive risk management system was stressed for reducing the impact of climate change which adversely affects the development pace in Africa.

Opening the four-day meeting of Africa Hydromet Forum that kicked off here at the African Union Head Quarters, AU Rural Economy and Agriculture Commissioner Josefa L. Sacko through her representative said norms, policies and strategies are critical to further enhance access to information about forecasting and backcasting weather and climate conditions. 

Since 1970 over 2000 natural disasters, the majority of which resulted from drought related famine, killed more than 880,000 and affected 460 million people in Africa.

Floods are most frequent, accounting for 42 percent of economic damages by contrast, while droughts affect 78 percent of the population, she noted.

According to Commissioner Sacko, unless comprehensive risk management is put in place, these risks will draw and threaten peace and development in Africa.

Such a risk management framework for Africa can only be built on scientific and reliable weather, water and climate information.

This is possible only through end-to-end modernization for hydromet services as well as systems and services, she underlined.

For this reason, the AU formulated the Africa regional strategy for disaster risk reduction in 2011 and it aims to contribute toward attaining sustainable development and poverty reduction by integrating disaster risk reduction into development programs.

Water, Irrigation and Electricity Minister, Dr. Sileshi Bekele said the purpose of this forum is to bring together technical as well as ministerial participants to provide guidance on how existing weather water and climate information strategies and programs can be strengthened.

This would help to promote sustainable development, adaptation planning and climate resilient growth.

Ethiopia in its growth, trajectory aspires to achieve economic development targets in a resource efficient manner that overcomes the possible conflict between economic growth and climate change, he added.

This has been demonstrated through the Climate Resilient Green Economy Strategy the government issued in 2011.

“Within this Ethiopia sees strong hydromet services and climate information systems as a key to realize the positive roles of climate and water resources and reduce its negative impacts,” the minister said.  

The Africa Hydromet Forum is expected to confer on opportunities and challenges of strengthening National Meteorology and hydrology service delivery and outline recommendations.  

It is expected to build consensus on and momentum for modernizing weather, water, and climate information services and data.

African governments, academia, private sector leaders, and international organizations will exchange knowledge, build capacity, and plan strategically for long-term disaster risk management and climate resilient development and growth in Africa.

Published in Environment

Addis Ababa September 12/2017 Economic diplomacy will remain to be the core objective of Ethiopia’s Foreign Policy, Prime Minister Hailemariam Dessalgen said.

The Premier had discussions with head of missions and senior government officials of Ministry of Foreign Affairs about the performance of 2017 and directions for 2018. 

Hailemariam emphasized on the occasion on the need for institutional and human resource capacity building, research based economic diplomacy as well as knowledge and technology transfer to and communication and public diplomacy.

In particular, he stressed on the importance of building human resource capacity of the ministry to bolster their capacity in implementing the economic diplomacy.

Capacity building should be the alpha and omega of 2018 plan of the Ministry of Foreign Affairs since the plan cannot be achieved without capable human resource, it was pointed out.

Besides, the ministry should collaborate with higher institutions of learning and other relevant bodies since the issue foreign relations cannot be left to the ministry alone, the Prime Minister added. 

Hailemariam said that diplomats assigned to various countries in the world have to work more in encouraging anchor investors who can really contribute to the development of the country. 

Anchor investors have to focus on very selective areas like light manufacturing industries, leather and leather products, animal husbandry and agriculture as well as fruits and vegetables.