Items filtered by date: Wednesday, 13 September 2017

Addis Ababa September 13/2017 Ethiopia is looking forward to strengthening its strategic partnership with the European Union in key areas of cooperation, including migration, terrorism, and EU-Africa relations, according to Ministry of Foreign Affairs (MoFA).

State Minister for Foreign Affairs Hirut Zemene welcomed today the newly appointed European Union Ambassador in Addis Ababa, Johan Borgstam.

Hirut emphasized that the government of Ethiopia attaches significant importance to its relations with the EU.

 

 

 

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EU Ambassador Johan Borgstam on his part commended Ethiopia’s Open-Door Policy for refugees from neighboring countries.

The European Union is open for further discussion and collaboration with Ethiopia in all areas of engagement, he added.

 The Ambassador also emphasized that the cooperation between Ethiopia and the European Union should be further strengthened through the strategic partnership to deal with a range of common concerns.

Published in Politics

Addis Ababa September 13/2017 Ethiopia and France have signed today a 70.5 loan and grant agreement to support the relocation and expansion of Addis Ababa Abattoirs Enterprise.

The agreement was signed by Finance and Economic Cooperation State Minister Admasu Nebebe and France's Ambassador to Ethiopia Frederic Bontems.

Speaking at the ceremony, State Minister Admasu said the agreement aims at providing standard abattoirs service for both local and international markets by relocating and modernizing Addis Ababa Abattoirs Enterprise.

“The credit and grant agreement which we signed is part of our commitment to strengthen our partnership especially in building a modern city infrastructure and service to the residents”, the State Minister added.

Ambassador Bontems on his part said the construction of new abattoirs for Addis Ababa has been found compulsory as the city has experienced a rapid growth in the last years.

He noted that the exciting abattoirs are insufficient capacity as compared with the demand and quality and environmental challenges.

In this regard, the construction of modern abattoirs is one of the key objectives of Addis Ababa Municipality during GTP-II and the major request made by the municipality to France Development Agency (AFD).

The project will be implemented from 2017 to 2022 and is expected to double its capacity to 810,000 animals slaughtered every year which should represent more than 60 percent of the meat consumed in the city from official slaughter, it was learned.

The70 million Euros will be consumed for the relocation and expansion in concessional loan and 0.5 million Euros in grant for technical assistance.

Published in Economy

Addis Ababa September 13/2017 The African Development Bank (AfDB) disclosed that it will continue to extend its support to Ethiopia in the energy sector, as the nation better performs in the area.

 During a visit to a substation in South Ethiopia, East African Constituency Board Director of AfDB, Nyamajeje Calleb Weggoro told ENA the bank is satisfied with this project performance and is optimistic that it would be completed on time.

 He said “So, the bank satisfied with this project. We think we will prepare to consider further request in the energy sector.”

 Noting that the energy sector is one the priority agenda of the bank, the Executive Director said “we promote and support many project in the sector”.

 Speaking on Ethiopia’s efforts, Weggoro stated that the government is doing well in building a national power grid with its own capacity.

 “If you have stable, well functioning national grid you will be able to connect with your neighboring countries. Therefore it helps to open up to the countries to enhance trans-boundary power network connection in a similar way to road networks,” he said.

 Several ongoing projects such as the Ethiopia-Djibouti and Ethiopia-Kenya power interconnections will have great importance integrating the region through power system, he noted.

 The bank has been funded many projects in the energy sector including the 1000km Ethio-Kenya high voltage transmission line and the electricity transmission system improvement project.

 The nation-wide electricity transmission system improvement project, received 200 million USD assistance from the bank includes construction of 943 km of 230 KV high voltage transmission lines; 21 new substations and expansion of existing substations across the country.

 The transmission lines include the 140 km Metu-Gambela, the 352 km Koka-Hurso, the 141km Alamata-Muhoni-Mekele, and the 315 km Alaba-Hossana-Wolkite-Gilgel Gibe I-Jima-Agaro-Bedele lines.

 Coordinator of the Project at the Ethiopian Electric Power, Wideneh Yemane said the project will play crucial role in improving access to electricity.

 The project, which he said is well in progress, will enable the country to enhance quality and supply of electricity to households as well as industrial parks.

  “As the project has been carried out at the nation level, it has also importance to improve and resolve the challenges of access to electric power” he said.

 As the construction of most of the components of the project have finalized, the Coordinator said the project is expected to be fully operational in December 2017.

 Of the total 4.6 billion USD that the AfDB has extended to Ethiopia since 1975, about 900 million USD has gone to the energy sector.

Published in Economy

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