Search Results for: Ethiopia

ETHIOPIAN ADD CAIRO TO IT’s AIR CARGO NETWORK

Posted on by Gambeta News

Ethiopian Cargo and Logistics, one of the business units within the Ethiopian Airlines Group, says it will begin freighter operations to Egypt’s capital Cairo starting next week. The operations would take the number of Ethiopian Cargo and Logistics destinations in Africa near to 24.  “Cairo to become 34th African freighter destination for Ethiopian Airlines as it starts weekly freighter flights as of July 4, 2023,” Ethiopian announced The airline currently covers more than 130 international…

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FRANCE AND ETHIOPIA SIGN DEAL TO REHABILITATE AND RE-EQUIPED ABALA HOSPITAL

Posted on by Gambeta News

The Ministry of Health in Ethiopia and France signed an agreement to expand their collaboration in rehabilitating and re-equipping a hospital in the Afar region of Abala town. The French embassy in Addis Ababa also announced an additional commitment to support the rehabilitation of Adwa Hospital in Tigray. The MoU was signed by Health Minister Dr. Lia Tadesse and France’s ambassador to Ethiopia and the African Union, Rémi Marechaux on Monday. The Ambassador has also…

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ETHIOPIA CHAMBER TO LAUNCH BUSINESS INCUBATOR START-UP FOR YOUNG ENTREPRENEURS

Posted on by Gambeta News

The Addis Ababa Chamber of Commerce and Sectoral Associations or Addis Chamber is set to launch a Business innovation center next week as part of its bid to support young entrepreneurs and startups in Ethiopia. The project – funded by the European Union – envisions strengthening the Ethiopian startups and SME incubation ecosystem, the Chamber said on Tuesday. The Business innovation center will focus on promoting and supporting entrepreneurship, particularly micro-small and medium-sized enterprises (MSMEs)…

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ETHIOPIA HEALTH MINISTER DISCUSS REHABILITATION OF DAMAGED INFRASTRUCTURE

Posted on by Gambeta News

High level federal delegation from Ministry of Health led by minister Liya Tadesse (PhD) has arrived in Tigray, Mekelle, today to observe the status of severely damaged health infrastructures, provide needed health materials, and discuss rehabilitation issues with regional authorities. The minister is making her first trip since the peace agreement signed between the federal government and Tigrayan People’s Liberation Front (TPLF) in Pretoria, South Africa in November last year. According to regional media Tigray…

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ETHIOPIA GOVT. START PLANS FOR NEW HOUSING SCHEME FOR PUBLIC SERVANTS

Posted on by Gambeta News

Plans are currently underway to start a new housing scheme for public servants in Addis Abeba, with homes available for as little as 14,285 birrs per square meter. The proposed rate is significantly less than the average cost of constructing an apartment, which is currently as high as 25,000birrsr a square meters. The Addis Ababa City Administration passed the new directive by establishing guidelines for the “formation and structure of cooperatives to develop a collective…

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ETHIOPIA GOVT. DISAGREE WITH FILLING & OPERATION OF GERD BY ARAB LEAGUE

Posted on by Gambeta News

Ethiopia said it is dismayed by the resolution issued by the Arab League regarding the filling and operation of the Grand Ethiopian Renaissance Dam (GERD). A statement released by the Foreign Affairs Ministry said that “the management and utilization of the Nile River, including the filling and operation of the GERD, must be left to the concerned parties in Africa” accusing the Arab League of serving “as the spokesperson of one state, disregarding basic principles of international…

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ETHIOPIA MINISTER DISCUSS DEAL WITH EQUILIBRIUM FOR ENERGY SECTOR INVESTMENT

Posted on by Gambeta News

Ethiopian ministers discussed a possible joint venture with the Hungary-based Equilibrium Capital to invest in the energy sector. Equilibrium’s co-founder Peter Nagy met with Ethiopia’s Planning and Development minister Fitsum Adela, and State Minister of foreign affairs Misganu Arega, in Doha, Qatar. The Ministry of Foreign Affairs said the meeting focused “on the potential of the firm’s investment in Ethiopia’s energy sector through a joint venture.” Equilibrium Capital is a firm engaged in the provision…

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ETHIOPIAN AIRLINES SIGNED MoU WITH IGAD FOR HOSPITALITY

Posted on by Gambeta News

Ethiopian Airlines group and the Intergovernmental Authority on Development (IGAD) signed a Memorandum of Understanding  that aims to provide a framework on the provision of the Airlines products and services to the regional blov.  Per the MoU, Ethiopian Airlines will also provide hospitality services to IGAD at the Ethiopian Skylight Hotel. The airlines will also assign a dedicated team to handle travel and hospitality needs of the IGAD. “We are pleased to have signed this…

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SUDAN TO SUPPORT ETHIOPIA IN GERD DAM CONSTRUCTION ISSUES

Posted on by Gambeta News

Sudan has now returned to its prior position, expressing its full support for the Grand Ethiopian Renaissance Dam. It’s a dramatic shift from when Sudan sided with Egypt to oppose the dam’s construction. The announcement was made when Prime Minister Abiy Ahmed (PhD) went to Sudan, where he was welcomed by Abdel Fattah al-Burhan, Chairman of the Transitional Sovereignty Council of the Republic of the Sudan. Abiy’s visit is the first since the Sudanese military…

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ETHIOPIA MINISTER DISCLOSE PLANS TO REBUILD AND RESTORE INFRASTRUCTURE DESTROY BY WAR

Posted on by Gambeta News

Ministry of Urban and Infrastructure disclosed that encouraging activities have been carried out to rebuild and restore infrastructures destroyed by the war in the northern part of Ethiopia. The bridges that were destroyed due to the war in the north have now been repaired and become fully operational, it was indicated. Recall that a delegation led by Speaker of the House of People’s Representatives Tagesse Chafo, comprising ministers, heads of service-providing institutions, and National Dialogue…

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ETHIOPIA PM CALLS FOR MANUFACTURERS TO HELP EXPAND PRODUCTION INDUSTRY

Posted on by Gambeta News

The half-day tour today is a part of the government-led national movement called ‘Ethiopia Tamrit’, or Let Ethiopia Produce. The movement, launched in May 2022, aims to address the challenges encountered by manufacturers to boost their production and import substitutions. On Wednesday, the PM made a tour of value various industrial complexes in Gelan Town located 30 kilometers out of Addis Ababa. Abiy first visited the BK Metal Engineering Complex. The plant assembles heavy-duty trucks and…

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ETHIOPIA MINISTRY OF JUSTICE CHARGE DIRECTOR OF NISS OVER CEMENT FRUAD

Posted on by Gambeta News

The Ministry of Justice says it has filed grand corruption charges against four employees of the National Intelligence and Security Service (NISS) including its deputy director for Construction and Logistics, who are suspected of buying 29,200 quintals of cement from two factories at a low price and selling it at higher prices. The officials and experts had purchased the cement in the name of the National Intelligence and Security Service and illegally earned more than…

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ETHIOPIA GOVT. CONSIDERING TERMINATING CSCEC CONTRACT OVER STADIUM PROJECT

Posted on by Gambeta News

The government of Ethiopia is considering terminating its contract with the giant Chinese state enterprise, the China State Construction Engineering Corporation (CSCEC), over its huge financial adjustment claim to complete the second phase of the Adey Ababa stadium being built in Addis Ababa. The Minister of Culture and Tourism, Kejela Merdasa, presenting his office’s quarterly performance report to the House of Peoples’ Representatives’ Health, Social Development, Culture, and Sports Affairs Standing Committee, warned about the…

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ETHIOPIA GOVT. SET UP INNOVATIVE FINANCE LAB TO SUPPORT MSMEs

Posted on by Gambeta News

Ethiopia has set up an Innovative Finance Lab to support its rapidly growing Micro, small, and medium enterprises (MSMEs). The Lab will help MSMEs to test, innovate and grow a new set of services, products, and instruments in their bid to get financial access. The National Bank of Ethiopia (NBE), in partnership with the UN Development Program (UNDP), launched the financial lab. Ethiopia has an estimated 2 million Micro, small, and medium enterprises. However, a…

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ETHIOPIA PRIME MINSTER INAUGURATE NEWLY BUILT SCIENCE MUSEUM

Posted on by Gambeta News

Prime Minister Abiy Ahmed has inaugurated the newly built Science Museum at the heart of Ethiopia’s capital, Addis Ababa. The Museum, built on seven hectares of land, consists of two multipurpose structures – a ring-shaped building and a dome. Its circular shape symbolizes perpetual development and human wisdom, says the PM Office, adding it “is a testament to Ethiopia’s dedication to the future of technology”. The building of the museum has its own halls dedicated…

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MANUFACTURING OF BOEING 737 MAX AIRPLANE FACILITY INAUGURATED IN ETHIOPIA

Posted on by Gambeta News

Ethiopian Airlines and Geven-SkyTecno have inaugurated a state-of-the-art facility for the manufacturing of Insulation Blankets for Boeing 737 MAX airplanes. The facility is part of a Boeing agreement (BSCA) between The Boeing Company, Geven-Skytecno, and Ethiopian Airlines. The new joint venture company of Ethiopian and Geven-SkyTecno is based in Addis Ababa with a primary manufacturing facility at Bole Airport. Ethiopian Airlines holds 51% and SkyTecno 49% of the stake of the newly established company, named…

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ETHIOPIA MINSTER UNVEIL NEW CEMENT PRICE TO CURB RISE

Posted on by Gambeta News

The Ethiopian Ministry of Trade and Regional Integration has announced today that it has issued a new cement price regulation to curb the rising price of cement products in the country. The ministry said it decided after it asked cement factories in Ethiopia to make price adjustments to tackle the increasing cost of cement products. However, the prices forwarded by cement factories were too high, promoting the ministry to establish a task force to study the production…

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GERD DAM TALKS SET TO TAKE PLACE BETWEEN SUDAN, ETHIOPIA & EGYPT

Posted on by Gambeta News

In its statement, the UAE described the GERD dam as a great opportunity to enhance regional integration and cooperation, welcoming all three countries to the African Union (AU) led negotiations. Since the start of its construction in 2011, the dam has been continually criticized by both Sudanese and Egyptian authorities. Sudanese authorities have long complained that recent filings of the Blue Nile dam constitute a unilateral action in breach of legal obligations agreed upon by…

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MAINTENACE WORK ON LEGEDADHI & DIRE DAM ON TRACK AFTER DEAL SIGNED IN ETHIOPIA

Posted on by Gambeta News

The Addis Abeba City Administration has signed an agreement with the Italian company WeBuild, formerly Salini Impregilo, for an amount of US$11 million loan secured from the World Bank to help carry out the maintenance and improvement works on the Legedadhi and Dire dams. The former alone supplies up to 40% of the city’s water. The Mayor of Addis Abeba, Adanech Abiebie, said during the signing of the agreement that the city administration was working…

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ETHIOPIA TO LAUNCH FREE ONE-MONTH ELECTRONIC-BASED TRANSPORTATION

Posted on by Gambeta News

The Ministry of Transport and Logistics has launched free one-month electronic-based transportation services for Addis Ababa residents with 60 electric vehicles that are assisted with 40 charging stations. On the occasion, Transport Minister Dagmawit Moges said that the introduction of 60 electric vehicles is sought to provide comfortable, efficient, modern, and reliable transportation service in the country in addition to replacing fuel consumption and reducing carbon emissions. Accordingly, the ministry is working to replace the…

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