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PM Inaugurates Artificial Intelligence (AI) Center

The center was designed to support young entrepreneurs through capacity building and research excellence.

It will be a site for the development of functional and problem solving technological innovations.

The opening of the center is expected to modernize various sectors and facilitate the transition to digital economy.

It would also help to save both time and money by replacing human labor with technologies.

The establishment of the center was approved by the Council of Minister early this year.

The Prime Minister seized the opportunity to caution all Ethiopians locally and abroad to not be tools of money laundering.

“Amidst a period of currency change, I call upon all Ethiopia loving Diaspora to use appropriate channels of remittance to ensure that you’re not a channel for illicit currency transfers,” he said.

Last Monday, Ethiopia introduced new banknotes that have enhanced security features and other distinctive elements.

The new banknotes replace the birr 10, 50, and 100 notes while an additional birr 200 note has also been unveiled.

Source: FBC

Ethiopia Begins Distribution Of New Currency Notes

The National Bank of Ethiopia (NBE) has begun the distribution of new banknotes.

NBE Governor Yinager Dessie and President of Commercial Bank of Ethiopia (CBE) Abie Sano launched the distribution yesterday at the CBE-Addis Ababa branch.

The Government of Ethiopia last Monday introduced the new currency notes that have enhanced security features and other distinctive elements.

The new currency notes replace the birr 10, 50, and 100 notes while an additional birr 200 note has also been unveiled.

The birr 5 note remains unchanged and will be turned into a coin format soon.

The currency change is aimed at gathering currency circulating informally and outside of financial institutions.

It also intended to curb corruption and contraband as well as support financial institutions to confront currency shortage.

According to NBE, new banknotes worth 2.9 billion birr have been printed for distribution. Some 3.7 billion birr was spent on printing the new banknotes.

Sources: FBC

Enterprises, Investors Contribute 225M Birr To “Dine For Nation” Project

Some 15 enterprises and investors have purchased dinner coupons amounting 225 Million Birr in support of the “Dine for Nation” national project which aspires to expand greenery and beautification stride across the country.

The enterprises and the investors bought the dining coupons at a fundraising event summoned by Deputy Mayor of Addis Ababa, Adanech Abiebie.

A national committee in charged with succeeding fundraising endeavors has been formed comprising experienced businesspersons, renowned public figures and investors in the country.

Deputy Mayor Adanech awarded recognition for individuals and enterprises that contributed their shares to the success of the “Dine for Sheger” project, the first version of the initiative.

Prime Minister Abiy Ahmed has officially launched ‘Dine for the Nation’ program on August 16, 2020, to mobilize funds for three nationwide greenery and beautification projects in Amhara, Oromia, and Southern Nations, Nationalities and Peoples Regions.

Source: FBC

EU Contributes 86.8M Birr To Ethiopia To Support Locust Affected Communities

The European Union (EU) has contributed 86.8 Million Birr to UNICEF to provide nutrition support for communities affected by desert locusts in Ethiopia.

The donation aims to extend humanitarian assistance to vulnerable communities affected by desert locusts in the Afar, Amhara, Oromia, Somali, and Tigray regions.

The funding is being made available through the EU’s Civil Protection and Humanitarian Aid Operations directorate-general (ECHO).

The support is in addition to 2.4 million Euros the EU provided to UNICEF in May 2020 to address the nutrition impact of multiple hazards such as climate-induced recurrent droughts, disease outbreaks, and internal displacements in the Afar, Somali, and Oromia regions, said Yassine Gaba, the Head of the EU Humanitarian Aid’s office in Ethiopia.

“As one of the largest humanitarian donors in the world, the EU is committed to supporting efforts to address urgent humanitarian needs in Ethiopia”, he said.

Source: FBC

Ethiopia, UN Sign 2020-2026 Cooperation Framework

Ethiopia and the United Nations in Ethiopia signed the 2020-2026 United Nations Sustainable Development Cooperation Framework (UNSDCF).

The strategic framework document was signed by Ahmed Shide, Ethiopia’s Minister of Finance, and Dr. Catherine Sozi, UN Resident and Humanitarian Coordinator for Ethiopia.

The document describes the collective response of the UN System in Ethiopia to national development priorities and helps achieve the 2030 Agenda for Sustainable Development.

The UNSDCF, which seeks a total estimated budget of $7.1 billion, guides the entire planning and implementation of all UN development interventions in Ethiopia in support of the 2030 Agenda for Sustainable Development.

It is anchored in Ethiopia’s development priorities as outlined in the 10-Year Perspective Plan and the Home Grown Economic Reform agenda.

“The cooperation framework represents the renewed commitment of the UN development system to support Ethiopia’s development priorities and contribute to the achievement of the Sustainable Development Goals in the country in an integrated manner, with a commitment to leave no one behind, human rights and other international standards and obligations,” said Dr. Catherine Sozi.

Dr. Sozi also reiterated the United Nations’ commitment to continue supporting Ethiopia’s response to the COVID-19 pandemic.

Ahmed Shide for his part said, “the Cooperation Framework is the planned support of the UN Agencies to the national development priorities of Ethiopia as shown in the Ten Years Perspective Plan and the Home Grown Economic Reform.”

The Finance Minister hailed the signing of the cooperation framework which comes at a time when Ethiopia is undergoing a major strategic shift to embark on a transformational growth while fighting against the pandemic.

Source: FBC

Second Phase Beautifying Sheger Project Begins

The second phase of the Beautifying Sheger Project, a Riverside Green Development scheme in Addis Ababa has begun involving the construction of squares and roadside greenery works.

The construction being undertaken by Jiangsu Nantong Sanjian Construction Group covers 179,000 Sqm piece of land situated adjacent to the premises of the Ministry of Foreign Affairs and on the National Palace Garage.

It mainly involves the construction of a central square including a science and technology museum, a children’s amusement park, a sports center, a waterfront, auxiliary buildings, and a domed theatre as well as supporting facilities such as roads, pavement, ornamental lighting, and landscaping, among others.

The Addis Ababa Riverside Green Development Project, entitled “Sheger Beautifying Project”, aims to clean rivers, expand open public recreation areas and create more jobs in the capital.

The project was launched in February last year by Prime Minister Abiy Ahmed, and it is expected to be implemented within a span of three years.

The first phase of the project is under construction on a 27 ha piece of land across from the Sheraton Hotel and it is nearing completion.

Source: Construction Review Online

PM Stresses Role Of Ambassadors To Strengthening Diplomatic Ties With Partner Countries

Prime Minister Dr. Abiy Ahmed yesterday met with ambassadors and mission leaders who represented Ethiopia abroad.

The ambassadors and mission leaders last Monday concluded their annual meeting held in Bishoftu town under the theme: “Diplomatic Mission to National Prosperity.”

Following the conclusion of the two-week meeting, the Premier met with them to set a direction for the next chapter in forging ahead with Ethiopia’s foreign policy.

In a twitter post, the Prime Minister said “Our Ambassadors and missions leaders are critical to strengthening the diplomatic ties with partner countries.”

During the meeting in Bisoftu, the ambassadors and mission leaders deliberated upon the performance of the Ministry of Foreign Affairs in the current fiscal year.

They also charted out a plan for the upcoming Ethiopian New Year taking the major issues that the ministry has to carry out into consideration.

Source: FBC

Health Minister Conferred With Gem Gifts For Better Achievements

Minister of the Ministry of Health, Dr. Lia Tadesse conferred with gemstones gift from Gem Exporters Association for her achievements in the sector.

Netor Events and Promotion and Adulian Advertising organized a prize ceremony in which they conferred on presents for medical professionals who contributed share in achievements of the Health sector.

The Prize Award Ceremony has been honored with the presence of higher officials including Ministers of Ministries of Peace and Women and Youth Affairs, Muferiat Kamil, and Filsen Abdulahi, among others.

On the occasion, the Health Minister, Dr. Lia Tadesse has received an award made up of Emerald and Manganese gemstones which are among gemstone export items of the country.

Dr. Lia donated the gift to the national COVID-19 resource mobilization committee.

Source: FBC

Ministry Concludes Annual Meeting Pledging for Better Performance

The annual meeting of senior officials, ambassadors, and Consul Generals of the Ministry of Foreign Affairs of Ethiopia is concluded today (September 7).
The meeting was held under the theme: “Diplomatic Mission to National Prosperity,” in Bishoftu town for 15 consecutive days.
Attendees have deliberated upon the Ministry’s performance in the current fiscal year and charted out a plan for the upcoming Ethiopian New Year taking the major issues that the ministry has to carry out into consideration.
Senior officials and various stakeholders tabled their views on the revised foreign policy of the country in line with the concept of “medemer” as expounded by H.E. Prime Minister Abiy Ahmed.
The meeting is concluded today with participants pledging that they would do their level best to advance the interest of their country based on the inputs they have got from all of the major issues of discussion in the past two weeks.