N e w s

Ethiopia: PM Lays Cornerstone for $100 Million Agro-Industrial Park

Prime Minister Hailemariam Dessalegn laid a cornerstone for Baeker Integrated Agro-Industrial Park yesterday in Humera, town of western Tigray State.   Speaking at the occasion, Prime Minister Hailemariam said the industrial park would play a role in creating economic integration with neighboring countries apart from its importance for the national economy.   The premier noted that the industrial park would also support country's.... Read more »

Posted on : Thursday , 23rd February 2017

Kenya: Kenyatta University to Construct Massive $48 Million Hostel

Kenyatta University is on the verge of constructing a whopping US$ 48m hostel that will see the invention of 6, 000 rooms.   The project is set to be developed by a New York-based private equity firm Africa Integras which confirms that it is now ready to proceed with the project after concluding negotiations with the financiers. The US fund was awarded the deal to lead the public private partnership (PPP) investment in 2014 and signed a.... Read more »

Posted on : Thursday , 23rd February 2017

Ethiopia: Coffee Industry Lauds Peace and Stability in Country

The participants of the 15th African Fine Coffees Association (AFCA) Conference and Exhibition in Ethiopia lauded nation's peace and stability.   Participants who exhibited their products at the Millennium Hall in Addis Ababa told The Ethiopian Herald that they had not seen any problem of peace and security during their stay in the country.   Martha Rutynowska-Eising who represented Bosch Packaging, a Germany company, confirmed.... Read more »

Posted on : Thursday , 23rd February 2017

Kenya: Mango Farmers See Increased Profits with Solar Refrigerators

Nziu — Solar-powered cold storage and biological pest control are helping protect Kenya's mangoes from climate change   It is a hot and cloudless morning, a sign that it will be sunny right through the afternoon. Joseph Mailu moves along rows of fruiting mango trees with a long pole in his hand, harvesting the mature fruits.   The succulent green mangoes drop inside a net tied to the tip of the pole which prevents them from.... Read more »

Posted on : Thursday , 23rd February 2017

Kenya: Solar Refrigerators Helping Farmers Reduce Post Harvest Losses

Nziu — Solar-powered cold storage and biological pest control are helping protect Kenya's mangoes from climate change   It is a hot and cloudless morning, a sign that it will be sunny right through the afternoon. Joseph Mailu moves along rows of fruiting mango trees with a long pole in his hand, harvesting the mature fruits.   The succulent green mangoes drop inside a net tied to the tip of the pole which prevents them from.... Read more »

Posted on : Thursday , 23rd February 2017

Ethiopia: Corporation to Enable Investors to Obtain One-Stop Govt Services at Industrial Parks

Providing one-stop services to investors makes them more competitive and productive.   The Industrial Parks Development Corporation (IPDC) said that it has set up a new regulation to enable investors obtain one-stop government services in industrial parks.   The draft regulation was tabled yesterday for discussion with concerned sector administration representatives.   On the occasion, Commissioner Fitsum Arega said that the.... Read more »

Posted on : Wednesday , 22nd February 2017

Ethiopia: FDI Rises Despite State of Emergency

Some twenty-five years back, Ethiopia had rarely been attracting the Foreign Direct Investment (FDI) since the market was largely dominated by command economy.   Tribute to the viable economic policies of the current government and its engagement to make the country a destination for foreign-owned businesses, the annual FDI inflow to Ethiopia has reached 2.2 billion USD in the 2015/16 fiscal year.   While the figure placed Ethiopia.... Read more »

Posted on : Wednesday , 22nd February 2017

Ethiopia: Finland to Help Increase Access to Quality Education Across Ethiopia

Education Ministry said Finland would work jointly with the ministry in increasing access to quality education across the country.   This was disclosed during a day-long seminar in connection with the centennial anniversary of the Finish State Independence organized by the Finland Embassy here yesterday.   Opening the seminar, Education Minister Dr. Shiferaw Teklemariam said the existing extensive education cooperation between the.... Read more »

Posted on : Wednesday , 22nd February 2017

Ethiopia, UAE Look to Advance Bilateral Ties, Boost Trade and Investment

Ethiopia's ties with Gulf countries is gaining momentum   Ethiopia and the United Arab Emirates (UAE) are desirous of strengthening their bilateral ties in economic and investment frontiers.   Special Advisor to Ethiopian Prime Minister Amb. Berhane Gebre-Christos and UAE's Deputy Prime Minister and Minister of Presidential Affairs Sheikh Mansour bin Zayed Al Nahyan held talks on ways of enhancing the Ethio-UAE bilateral ties on.... Read more »

Posted on : Wednesday , 22nd February 2017

Ethiopia: The Many Benefits of GERD

The Grand Ethiopian Renaissance Dam (GERD) possesses an invaluable and multi-faceted values and benefits to the peoples of Ethiopia. We may categorize those values and benefits in economic, social and political terms. The economic values are magnanimous. GERD can generate immense amount of hydro-power that can be sold here at home to each villages, towns and cities and abroad to different countries and hence can generate billions of dollars in.... Read more »

Posted on : Wednesday , 22nd February 2017

Ethiopian Diaspora Raises Over $2 Million for GERD Construction

The Ministry of Foreign Affairs announced that the Ethiopian Diaspora Community in different parts of the world raised 2,101,000 USD to back the construction of the Grand Ethiopian Renaissance Dam (GERD).   In a press briefing Friday, Ministry Spokesperson Tewolde Mulgeta said the contribution was made during the last six months in the form of bond purchases, donation and other funding mechanisms.   Tewolde added that the ministry.... Read more »

Posted on : Wednesday , 22nd February 2017

Tanzania: Rural Women Champion Solar Energy in Villages

For six years now, Esupat Loseku has known the joy of an income outside of livestock sales. The 29-year-old mother of six installs solar power systems and builds cookstoves in Enguiki village and its environs in northern Tanzania.   In a week, Ms Esupat can serve four homes or even more, charging Tsh25,000 ($11) in her village and Tsh95,000 ($42) elsewhere.   "People come to us inquiring about solar because they have seen it.... Read more »

Posted on : Tuesday , 21st February 2017



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