The World Bank’s Board of Executive Directors approved yesterday a $1.2 billion ($600 million grant and $600 million credit) from IDA in support of the Government of Ethiopia’s policies designed to accelerate economic growth and achieve its vision of becoming a lower-middle-income country.
The funds will go towards supporting reforms in the financial sector, including improving the investment climate.
In response to the reform pledges made by the government since Prime Minister Abiy Ahmed took office in April, the bank is providing new financial and technical support.
The support will promote public-private partnerships “to improve efficiency in key sectors” including telecom, power, and trade logistics.
Promoting public-private partnerships (PPPs) will not only improve efficiency in key sectors such as telecom, power and trade logistics but also mobilize private financing which will enable Ethiopia to maximize the resources available for development financing.
In these sectors, the bank said its support would also help the government “reduce inefficiencies and operating costs and improve financial performance” to help Ethiopia attract more foreign direct investment and raise export revenues.
Until Abiy took office and began announcing sweeping political and economic reforms, the country of 105 million had an economy tightly controlled by the state.
Prime Minister Abiy Ahmed arrived in Germany yesterday on the second leg of his three cities European tour.
He was received by German’s Chancellor Angela Merkel to discuss the reforms underway in Ethiopia, investment opportunities for German companies and peace efforts in the wider Horn of Africa region.
After the meeting, PM Abiy joined the second edition of the G20 Compact with Africa (CwA) meeting currently underway in Berlin.
At the G20 Compact with Africa, Prime Abiy wooed investors to partner with the government in key areas by presenting the many initiatives underway to create a conducive investment climate in Ethiopia.
“Ethiopia offers a competitive investment opportunity. I would like to take this opportunity to mention the strategic engagement we just started ….as a concrete example of what the compact initiative can deliver when focused on targeted investment, recruitment, and facilitation.
“We would like to see similar investment from G20 countries and hope this platform continues to play a driving and catalytical role,” Abiy said in his address.
His last stop on the three-city tour is the German city of Frankfurt, where he will meet with Ethiopians from different European countries.
Abiy Ahmed met French President Emmanuel Macron on Monday 29 October, on his first official visit to Europe since taking office in April.
In a joint declaration issued by Prime Minister Abiy and President Macron, the two leaders have agreed to cooperate in a wide range of issues. Abiy said he expects Macron to play a key role in peacemaking efforts between neighbouring Eritrea and Djibouti, which have agreed last month to normalise ties a decade after a border standoff that led to a brief military conflict.
He also vowed to tackle the violence gripping some parts of Ethiopia, saying it would be resolved through “greater peace-building in the whole country”.
Macron and Abiy also pledged to increase cultural cooperation, especially on World Heritage sites such as the rock-hewn churches of Lalibela. France will contribute to the maintenance and renovation of the site.
“We will be by at your side in your efforts to open policies, unification of the country, calming domestic tensions. We will be by your side in your efforts of economic transformation and liberalisation. We will be there for the regional pacification you are leading”, Macron said.
“You have here a country which loves your but also admires the transformation you are carrying out”.
“I know how much he has risked to see these reforms through and how much these reforms are fraught with difficulties, but also how much Prime Minister Abiy Ahmed has chosen a courageous path,” Macron told reporters.
He added that the political, economic, social and cultural transformation that the Abiy leadership is in the process of carrying out and committed to Ethiopia is unprecedented.
Ethiopia’s new leader “chose a courageous path, we will stand by his side,” Macron reaffirmed at a news conference.
President Macron announced he would visit Ethiopia in March.
Prime Minister Abiy Ahmed officially inaugurated the 3.8 billion birr Rib Irrigational Dam Project yesterday.
Deputy Prime Minister Demeke Mekonnen, President of Amhara Regional State Gedu Andargachew and other federal and senior regional officials also presided over the inauguration of the dam.
Located in South Gondar Zone of Amhara Regional State, the Rib Irrigation Dam Project has a capacity of 234 million cubic meters of water.
With 800 meters of length and 99.5 meters of height, the Dam is expected to develop over 20, 000 hectare of land and benefit 40, 000 farmers.
Moreover, the Dam will protect Lake Tana from alluvial deposits, especially soils formed in the river valleys.
The construction of the project was started ten years ago by Ethiopian Construction Works Corporation.
Speaking on the inaugural ceremony, Prime Minister Abiy said that the government would work to improve the livelihood of people through moving forward irrigational scheme and by promoting technological mechanisms of farming in the country.
“Share of irrigation farming in the agriculture is 10 percent, which only accounts four percent of the overall GDP share,” he said adding that “the government set to take irrigational scheme as its core development agenda.”
He noted that the newly established Irrigation Commission would invigorate a wide range of activities to change the livelihood of people through developing the sector.
Abiy added that the government would provide modern techniques of agriculture and professional support to the farmers to enhance agricultural productivity across the country.
Ethiopia has announced a date for the start of a visa-on-arrival regime for all Africans. Africa’s second most populous nation will start the visa-on-arrival regime from November 9, 2018.
PM Abiy had earlier this year disclosed that following Rwanda’s lead, Ethiopia was going to allow a visa-free regime for all Africans. At the time, he was speaking at a state banquet held for his visiting Rwandan counterpart, Paul Kagame.
Abiy said: “The President (Kagame) invited all Africans to travel to Rwanda without visas, we will follow you very soon.” On June 1, the issuance of visas online for all tourists started.
Ethiopia boasts the continent’s best national carrier, Ethiopian Airlines, which has made the Bole International Airport in Addis Ababa, not just a regional but a global aviation hub.
Ethiopia hopes the visa-on-arrival initiative would facilitate the economic integration of Africa by pushing tourist flow to a higher level and help advance conference tourism.
The east African country, which hosts the headquarters of the continental body, the African Union (AU), also hopes that the move will assist the AU’s initiative on the free movement of people. The AU urged all African countries to issue visa on arrival as of 2023.
Prime Minister Abiy Ahmed arrived in Paris this morning to start his first European tour.
After landing, PM Abiy will head to the Élysée to meet his French counterpart Emmanuel Macron. He will then speak at a joint press conference alongside the French president.
The invitation to visit France was extended to Abiy on July 13, when President Macron made a telephone call to congratulate him on peace initiative with Eritrea and many other reforms he has undertaken in the home front since he became Prime Minister on April.
The visit will focus on cultural ties and investment and be an opportunity for France to promote its expertise in heritage conservation and restoration. As Ethiopia is in the process of undertaking serious economic reforms, it is a good time for French companies to see possibilities of investment in the country.
Prime Minister Abiy will then leave for Germany to attend the G20 Africa conference in Berlin, a summit that will be attended by nine other African head of States and German Chancellor Angela Merkel. The G20 Africa conference aims at discussing progress made with the G20 partnership with Africa and the compact with Africa (CwA) to promote private investment in Africa, including in infrastructure.
Finally, Prime Minister Abiy will address a huge gathering of Ethiopians at Commerzbank-Arena stadium in Frankfurt. According to Ethiopian Ministry of Foreign Affairs spokesperson, Meles Alem over 20,000 Ethiopians will participate in the meeting.
Ethiopia and Germany also enjoy strong cooperation in development, investment, and trade. Germany is the fifth largest destination for Ethiopian exports.
Ambassador Sahlework Zewde, a prominent Ethiopian diplomat with years of experience with the UN, will be replacing the outgoing president, Dr Mulatu Teshome, who has been the president since October 2013.
She will become the first female head of state since the coming into power of the current government led by EPRDF.
In 2011, Former United Nations Secretary-General, Ban Ki-moon, appointed her as Director General of the UN office in Nairobi (UNON), which was then a newly created position.
She was appointed in June this year by Secretary-General António Guterres as his Special Representative to the African Union and Head of the United Nations Office to the African Union (UNOAU) at the level of Under-Secretary-General.
Ambassador Sahlework’s three decades working with the United Nations spans from Special Representative and Head of the United Nations Integrated Peacebuilding Office in the Central African Republic (BINUCA) to the Permanent Representative of Ethiopia to the African Union and the United Nations Economic Commission for Africa (ECA) and Permanent Representative to the United Nations Educational, Scientific and Cultural Organization (UNESCO) and accredited to Tunisia and Morocco.
Sahle-work also has a rich ambassadorial track record having served as Ethiopian ambassador to several countries. She was the second woman to hold an Ambassadorial position in the history of Ethiopia.
In her work as an Ethiopian diplomat, Ambassador Sahlework served as Director-General for African Affairs in the Ministry of Foreign Affairs of Ethiopia as well as Ethiopian Ambassador to France. From 1993 to 2002, she served as Ambassador to Djibouti and Permanent Representative to the Intergovernmental Authority for Development (IGAD), and to Senegal, with accreditation to Mali, Cape Verde, Guinea-Bissau, Gambia and Guinea.
What the Ethiopian Constitution says about the president
Article 70: Nomination and Appointment of the President
1. The House of Peoples’ Representatives shall nominate the candidate for President.
2. The nominee shall be elected President if a joint session of the House of Peoples’ Representatives and the House of the Federation approves his candidacy by a two-thirds majority vote.
3. A member of either House shall vacate his seat if elected President.
4. The term of office of the President shall be six years. No person shall be elected President for more than two terms.
5. Upon his election in accordance with sub-Article 2 of this Article, the President, before commencing his responsibility, shall, at a time the joint session of the Houses determines, present himself before it and shall make a declaration of loyalty to the Constitution and the Peoples of Ethiopia in the following words:
“I ….., when on this date commence my responsibility as President of the Federal Democratic Republic of Ethiopia, pledge to carry out faithfully the high responsibility entrusted to me.”
Article 71: Powers and Functions of the President
1. He shall open the joint session of the House of Peoples’ Representatives and the House of the Federation at the commencement of their annual sessions.
2. He shall proclaim in the Negarit Gazeta laws and international agreements approved by the House of Peoples’ Representatives in accordance with the Constitution.
3. He shall, upon recommendation by the Prime Minister, appoint ambassadors and other envoys to represent the country abroad.
4. He shall receive the credentials of foreign ambassadors and special envoys.
5. He shall award medals, prizes and gifts in accordance with conditions and procedures established by law.
6. He shall, upon recommendation by the Prime Minister and in accordance with law, grant high military titles.
7. He shall, in accordance with conditions and procedures established by law, grant pardon.
Ethiopia and Norway signed yesterday a grant agreement amounting 180 million Norwegian kroner (about €19 million) to support Ethiopia’s Climate Resilient Green Economy (CRGE) Strategy.
Admasu Nebebe, Ethiopia’s State Minister of Finance and Mr Jens Frølich Holte, the State Secretary in the Norwegian Ministry of Foreign Affairs, signed the agreement.
According to the agreement, the grant will support the sustainable use of land and climate-smart agriculture to the benefit of Ethiopia’s economy and people.
The grant is also part of Norway’s commitment to support the implementation of Ethiopia’s climate resilient green economy strategy, the Ministry of Finance said in a statement.
The governments of Ethiopia and Norway are long-term partners in the fight against global climate change.
Norway, together with the United Kingdom, pledged support to Ethiopia’s ambitious CRGE, at its launch in 2011.
Since then, the government of Norway has made available support to Ethiopia’s forests, agriculture and energy sectors amounting to more than 150 million US dollars.
Bethlehem Tilahun Alemu has a dream: that everyone should one day taste hand-roasted Ethiopian coffee.
Widely acknowledged as the birthplace of coffee, Ethiopia is one of the world’s largest coffee bean producers and Africa’s top grower of the plant. Coffee is also brewed and drank in the Horn of Africa nation in elaborate ceremonies, often using crafting techniques passed down from generations over centuries. As an entrepreneur, Alemu always wanted to replicate this dynamic experience—what she calls “the magical process”—to coffee lovers worldwide.
And so was born in 2016 the idea for Garden of Coffee, a brand that uses artisanal methods to source, process, roast, and package Ethiopia’s legendary beans. Twenty workers at the company’s atelier in Addis Ababa currently oversee this activity, roasting five types of coffee beans only for individual orders and shipping them to over 20 countries including Russia, Sweden, Germany, and the United States.
This personalised roasting, Alemu says, helps preserve the quality of the coffee for the final customer, reduces the ecological footprint associated with factory roasting, and creates a business model that values local manufacturing. This is especially vital as Ethiopia takes crucial steps in improving governance and accelerating poverty reduction and economic growth through job creation.
China-bound
Alemu is now venturing out of Ethiopia. In August, Garden of Coffee launched in China, a tea-loving market that is increasingly turning towards coffee. Starbucks, Coca-Cola, e-commerce giant Alibaba, hedge fund manager Bill Ackman, and local Chinese start-up Luckin Coffee have in recent years all bet big on China’s nascent coffee scene. Java House, East Africa’s largest chain of coffee shops, also said in August it would capitalise on this increased demand for specialty coffee to supply the Chinese market.
Through a deal with Suzhou Reyto trading company, GOC says it will ship 12 tons of hand-roasted coffee to China in the first year. The company has also launched advertisement and marketing on the multi-purpose messaging and social media app WeChat, will soon place its product on the shopping site Taobao. But it’s big plan is to open over 100 café roasteries across China by 2022. Through a subscription service, customers will also be able to receive their favorite coffee of choice in one, two, or four-week intervals.
By embracing traditional Ethiopian roasting methods and taking them globally, Alemu says she hopes to shape the “fourth wave” that is defining coffee’s evolution. The first wave involved the mass drinking of the brew, the second grew with the rise of a coffee culture through brands like Starbucks, while the third focused on artisanal coffee making. The fourth wave now focuses less on commercialization, more on long-term sustainability, besides promoting and preserving local ways of farming. Placing Ethiopian coffee at the heart of this movement is only pragmatic, argues Alemu. But it is also a judicious growth strategy: because of demand, Garden of Coffee is set to increase its hand-roasting artisans to 300 by 2021.
“We are doing this not only because hand-roasting coffee is an ancient art that we strongly feel is worth preserving and promoting, but because we believe this method of coffee roasting is the key to unlocking Ethiopian coffee’s true magical tastes,” says Alemu. “That’s the critical distinction.”
The Ethiopian Diaspora Trust Fund (EDTF) Advisory Council is pleased to announce the launch of the Ethiopian Diaspora Trust Fund on October 22, 2018, through its official website https://www.ethiopiatrustfund.org/
The Council has been acutely aware of the eagerness of diaspora Ethiopians to respond to Prime Minister H.E. Abiy Ahmed’s call for USD$1 a day to help support critically needed social projects in Ethiopia.
In establishing the EDTF, the Council had to incorporate a non-profit charity organisation, create a bank account, negotiate with online payment systems and other funding platforms, comply with various regulations and establish governance, management and implementation procedures for maximum accountability and transparency. The Council has been able to achieve these tasks speedily.
The Council thanks the global diaspora Ethiopian communities for their patience and unwavering support for the EDTF.
The Council urges Diaspora Ethiopian diaspora, friends of Ethiopia and others interested in advancing freedom, democracy, human rights and good governance and the EDTF to make their USD$1 contributions in one lump sum payment of USD$365 to build-up contributions for immediate commitment to launch projects. As H.E. Prime Minister Abiy Ahmed has explained, for the Fund to be successful, it requires the long-term commitment of Ethiopians of the diaspora.
Please visit our website to learn about the Fund and make a donation to support the EDTF at https://www.ethiopiatrustfund.org/
Special Notice: The Council is aware that there are efforts to raise money in the name of the Ethiopian Diaspora Trust Fund. The EDTF, which is established by the Council, is the one and only official Fund set up at the behest of H.E. Prime Minister Dr Abiy Ahmed on August 9, 2018.
Contact: info@ethiopiatrustfund.org
Ambassador Sahlework Zewde, a prominent Ethiopian diplomat with years of experience with the UN, will be replacing the outgoing president, Dr Mulatu Teshome, who has been the president since October 2013.
