Month: November 2019

Ethiopia Becomes UNESCO World Heritage Committee Member

Ethiopia is elected as a member of the World Heritage Committee of the United Nations Education, Science and Cultural Organization (UNESCO) for the next four years.The 22nd General Assembly of the States Parties to the World Heritage Convention held two-day meeting starting yesterday at UNESCO Headquarters in Paris, France.During the session, the General Assembly elected nine new members to the World Heritage Committee, namely Egypt, Ethiopia, Mali, Nigeria, Oman, Thailand, Russian Federation, Saudi Arabia and South Africa, according to the website of UNESCO.

Accordingly, the current World Heritage Committee consists of Australia, Bahrain, Bosnia and Herzegovina, Brazil, China, Egypt, Ethiopia, Guatemala, Hungary, Kyrgyzstan, Mali, Nigeria, Norway, Oman, Saint Kitts and Nevis, Spain, Thailand, Russian Federation, Saudi Arabia, South Africa, and Uganda.

The Ethiopian Embassy in Brussels hosts a panel discussion on Private Equity Investment in Ethiopia

The Ethiopian Embassy in Brussels hosted a panel discussion this Thursday November 28th on Private Equity Investment in Ethiopia at the premises of the Embassy.

The intention of the event organized by Ethiopian Embassy and Brussels-Africa Hub was to highlight advantages for investors, decision-makers of the European investment community interested in new opportunities in emerging Ethiopian market.

Dr Belachew Mekuria, former Commissioner of Ethiopian Investment Commission moderated the panel discussion on Private Equity Investment in Ethiopia.

On the occasion, Mr. Zemedeneh Negatu, Chairman of Fairfax Africa Fund, Mr. Yassine Benjelloun, Portfolio Manager of 54 Capital and Mr. Thierry Viale, President Europe at Ontex (CanBebe Ethiopia) and H.E. Ambassador Grum Abay, Special Envoy, Extraordinary and Plenipotentiary of the Federal Democratic Republic of Ethiopia to Belgium, Luxembourg and E.U. were the panelists in the Seminar.

In his opening remarks during the Private Equity Investment in Ethiopia, H.E. Ambassador Grum Abay, stated, “The government has taken a series of measures to shift the economic landscape of Ethiopia, such as reforms in investment laws and business climate, which have helped remove regulatory obstacles that hamper investment”.

H.E. Ambassador Grum highlighted that Ethiopia is one of the lowest recipients of private equity on the African continent and it has been making a narrative change of investment administration and improving the investment bureaucracy for private equity investment and venture capitalists.

“This seminar and panel discussion will provide us with practical approaches on how to further develop this area in Ethiopia”, he added.

During the panel discussion, Ethiopia as an African champion, Private Equity returns, incentives for private equity investments, and an Ethiopian deal from sourcing to exiting (perspective from a private equity firm and from an investee/seller) were some of the topics discussed by the panelists and representatives of 21 companies who participated in the event.

The panelists of the seminar shared their knowledge, business experiences and the challenges they encountered while investing in Ethiopia.

Finally, the panelists and H.E. Ambassador Grum addressed the questions raised by the participants of the seminar.

Invest Africa Leads Delegation of Investors to Ethiopia

High-level investors and businesses delegation of Invest Africa will be exploring investment opportunities in Ethiopia from 3rd-5th December 2019.

According to a press release sent to ENA, the visit comes on the back of the significant interest from international investors in Ethiopia as a result of Prime Minister Abiy Ahmed’s reform agenda.

British Prime Minister’s Trade Envoy to Ethiopia, Jeremy Lefroy said “Ethiopia is full of opportunity; I am delighted to be joining Invest Africa’s Investor Mission to Addis Ababa as we continue to deepen the trade and investment links between the UK and Ethiopia.”

Invest Africa CEO, Karen Taylor said “this Investor Mission, our second to Ethiopia, will be an important opportunity to build on our close relationship with the Ethiopian government and learn how its ambitious liberalization and privatization agenda has progressed.”

Tylor further noted “Interest in the Ethiopian market amongst our members has only grown over the last twelve months and I am confident that the trip will provide useful opportunities for new partnerships, deals and acquisitions between delegates and local stakeholders.”

Investors from a range of strategic sectors including agriculture, telecoms, logistics, tourism, mining and power are included in the visiting delegation, it was indicated.

During the visit, delegates will meet with key government ministers to discuss new avenues for investment and partnership.

Furthermore, the bilateral and multilateral meetings facilitated by the trip will aim to drive investment and play an important role as the Ethiopian government moves forward with its economic reform agenda, including the ongoing telecoms licensing process.

Invest Africa, with a global footprint of more than 400 member companies, is a leading pan-African business platform that promotes trade and investment in Africa.

Ethiopia Launches Electronic World Trade Platform

In his remarks during the launch of the Electronic World Trade Platform, Prime Minister Abiy Ahmed stated, “Electronic trade platform is part of Ethiopia’s technological development. Technology affects lifestyles by assisting the shift from old to new. The world is in a fast-paced change due to the fourth industrial revolution. The electronic trade platform is a step forward to making Ethiopia among the five economic giants of Africa within the coming decade. It also expands the horizon for small and medium enterprises.”

L’image contient peut-être : 1 personne, sourit, debout et costume

AU Applauds Ethiopia for Efforts to Promote, Ensure Participation of Youth in Peace, Dev’t Initiatives

The African Union (AU) commended the government and people of Ethiopia today for their efforts to promote and ensure the empowerment and participation of the youth in peace and development initiatives in the country.

In his welcoming address to the participants of a workshop on youth and peace, AU Commissioner for Peace and Security Smail Chergui lauded the Government of Ethiopia for its commitment towards taking bold steps to widen the political space through releasing political prisoners and inviting exiled opposition parties to return and pursue a peaceful struggle in the country.

“Allow me also to express my appreciation and gratitude to the Government and people of Ethiopia for the strides the country is making towards an inclusive, accountable and a democratic nation that is creating the conditions for inclusive and participatory socio-economic development for its youth and the general public,”  the commissioner added.

Chergui stated that the workshop “is taking place at the backdrop of ongoing political reforms, democratization processes, as well as the holding of Ethiopia’s national elections in 2020.”

However, political reform processes take time and are always fraught with challenges, he warned, adding that “we know from experience that election periods heighten the vulnerabilities of countries.”

According to the commissioner, “harnessing the positive contributions of the youth and ensuring their active participation in the political discourse and decision-making processes will be key for the successful implementation of the reform agenda and other peacebuilding efforts.”

Ethiopia’s success in conducting a credible and peaceful election will be crucial to the successful implementation of the comprehensive reform agenda.

“We must work together – old and young, to ensure the gains so far made are not reversed but rather consolidated,” Chergui stressed.

In this context, the youth in Ethiopia can and are encouraged to play a significant role in the overall reform process and the holding of credible and peaceful elections, according to the commissioner.

Furthermore, the commissioner expressed his appreciation to the talented young women and men across the continent, which is playing “cardinal roles towards the promotion of peace and nation-building in their respective countries.”

He reaffirmed the African Union’s readiness to work together, share expertise and knowledge for the successful holding of the upcoming national elections and the implementation of the reform agenda in Ethiopia.

Peace Minister Muferihat Kamil said on her part Africa is a continent of youth; and this is a great opportunity and grace for Africa, noting that 70 percent of the population in Ethiopia is young.

She said the Government of Ethiopia is working hard to enhance the participation of the youth in peace, nation-building and development activities in the country.

The minister noted that the workshop will create the opportunity to transfer and exchange experiences among the Ethiopian youth and their African brothers and sisters.

Muferihat further expressed gratitude to the Peace and Security Department of the African Union for “the support extended to us and being with us in making peace happen in the continent.”

AU Youth Envoy, Aya Chebbi said in Ethiopia, with its very dynamic and young population, we have an opportunity to promote the empowerment of youth as a catalyst for positive and peaceful change.

She said “young people play a positive role in the prevention and resolution of conflicts and eventually a key role to support the government’s peace and security architecture in Ethiopia.”

Chebbi pointed out that “a question that every young African pose to themselves today, every single country young people ask what is the Africa we want and what’s the country they want is also a question young Ethiopians ask. The Ethiopia they want to build.”

The youth participants from the continent will discuss youth engagement and participation in nation-building, normative frameworks on youth’s roles in peace and nation-building, among other issues, in the two-day workshop.

The workshop is organized by the Government of Ethiopia, in collaboration with AU, under the theme “Youth for Peace Ethiopia: Cross-Regional Dialogue and Experience Sharing.”

አዲሱ የትምህርትና ስልጠና ፍኖተ ካርታ ዝግጅት እና ትግበራ ላይ ውይይት ተደረገ

ክቡር የትምህርት ሚኒስቴር ሚኒስትር ዶክተር ጥላዬ ጌቴ በበብራስል የኢ.ፌ.ዲ.ሪ ኤምባሲ በመገኘት በአዲሱ የኢትዮጵያ የትምህርትና ስልጠና ፍኖተ ካርታ ዝግጅት እና ትግበራ ላይ ከዲፕሎማቶች ጋር ህዳር 16 ቀን 2012 ዓ.ም ተወያይተዋል።በዚህ ወቀት በሀገሪቱ በየደረጃው ባለው የትምህርት እርከን እየገጠመ ስላለው የትምህርት ጥራት መጓደል የትምህርት ሚኒስቴር ሚኒስትር ዶክተር ጥላዬ ጌቴ ማብራሪያ ሰጥተዋል።በአጠቃላይ ትምህርትና በከፍተኛ ትምህርት ተቋማት የወደፊት አደረጃጀትን አስመልክቶ በቀረበዉ ሰነድ ላይ ህብረተሰቡ በስፋት ተወያይቶ ጠቃሚ ሃሳቦችና አስተያየቶች ተሰብስበው መካተታቸውን ገልጸዋል፡፡
የኢትዮጵያ የትምህርት ፍኖተ ካርታ ጥልቅ ጥናት ተደርጎበት የፖሊሲ ማሻሻያዎችን አካትቶ ተግባራዊ ለማድረግ አስፈላጊው ዝግጅት መጠናቀቁን ገልጸዋል፡፡ የቬትናምንና ማሌዥያን እንዲሁም የሌሎችን ሃገሮች ልምድ በማካተት የተዘጋጀው የትምህርት ፍኖተ ካርታው ለሚቀጥሉት አመታት ተግባራዊ ይደረጋል ብለዋል፡፡
የትምህርት ሚኒስትሩ ዶ/ር ጥላዬ ጌቴ በውይይቱ ወቅት እንደገለጹት ፍኖተ ካርታው በማንኛውም የትምህርት ዘርፍ ወደ ዩኒቨርሲቲ ሚገባ ተማሪም መጀመርያውን አንድ አመት ሙሉ ሃገሪቱን ታሪክ፣ ባህልና መልክአምድር በማጥናትና በመማር ግብረገብነትን ያዳበረ እንዲሆን ይደረጋል ብለዋል፡፡
የትምህርትና ስልጠና ፍኖተ ካርታው በአገሪቱ የሚሰጠው ትምህርት እውቀት ብቻ ሳይሆን ተግባርን ያማከለ እንዲሁም አገር በቀል እውቀትና አስፈላጊውን ክህሎት ያካተተ እንዲሆን ለማስቻል ታልሞ የተዘጋጀ እንደሆነ ገልጸዋል።
በእዚህና በመሰል ጉዳዮች ላይ ከሌሎች በተለያዩ ሀገሮች ከሚገኙ የኢትዮጵያ ዲፕሎማቶች ጋር ለመወያየት ፍላጎት እንዳላቸውም ጠቁመዋል።
ውይይቱ ስለፍኖተ ካርታው ግንዛቤ ለመፍጠር ከማገዙ ባሻገር ለልማት አጋሮች ስለ ፍኖተ ካርታው ማስረዳትና ድጋፍ ማስገኘት እንደሚገባም ጠቁመዋል።
በመጨረሻም በጉዳዩ ላይ ከዲፕሎማቶቹ ለተነሱ ጥያቄዎች እና አስተያየቶች ማብራሪያ ሰጥተዋል።

Foreign Minister Gedu Receives UN-Habitat Executive Director

L’image contient peut-être : 2 personnes, personnes souriantes, costume

H.E. Mr. Gedu Andargachew today (November 26) received and held talks with H.E. Ms. Maymunah Mohd Sharif, Executive Director of UN-Habitat.

The two exchanged views on strengthening the partnership between UN-Habitat and Ethiopia.

The Foreign Minister commended Ms. Maymunah Mohd and UN-Habitat for responding positively to Prime Minister Abiy’s request to assist Ethiopia on the Sheger River Rehabilitation Project.

Mr. Gedu also appreciated the UN-Habitat for extending its assistance to Ethiopia in areas of urban planning, solid waste management, urban resilience and urban monitoring in different parts of the country.

He also urged UN-Habitat to expand its support to Ethiopia in technical and capacity building areas considering the rapid urbanization process taking place in Ethiopia.

Ms. Maymunah Mohd Sharif for her part said UN-Habitat is undertaking activities to modernize cities in Ethiopia so that they can be suitable for living.

She also cited some cities in Ethiopia particularly Bahir Dar, Hawassa, Dire Dawa and Kombolecha, where her organization is running city-development projects currently.

UN-Habitat will focus on cities where Industrial Parks have been built to help reduce air pollution, the Executive Manager added.

The Nairobi-based UN-Habitat runs projects in Ethiopia aiming at developing and promoting socially and environmentally sustainable towns and cities.

L’image contient peut-être : 2 personnes, personnes souriantes, personnes assises

UN-Habitat Executive Director In Ethiopia For Two-Day Visit

 

The Executive Director of the United Nations Human Settlements Programme (UN-Habitat), Maimunah Mohd Sharif is in Ethiopia for a two-day official visit.

This morning, she met with United Nations (UN) staff working in Ethiopia.

She thanked them for their active engagement in implementing SDG 11 (making cities and human settlements inclusive, safe, resilient and sustainable) and the new urban agenda in Ethiopia.

During her visit, the Executive Director will meet with high Ethiopian government officials, including Engineer Aisha Mohamed, Minister of Urban Development and Construction.

She will also visit a garbage dumpsite, Koshe landfill and the UN-Habitat funded project located at Ras Mekonnen area.

The United Nations Human Settlements Programme, UN-Habitat, is the United Nations agency for human settlements.

It is mandated by the UN General Assembly to promote socially and environmentally sustainable towns and cities with the goal of providing adequate shelter for all.

PM Abiy Discusses with Chairman of Alibaba Group, Jack Ma

Prime Minister Abiy Ahmed held a discussion with the Chairman of Alibaba Group, Jack Ma this morning (November 25th).

Founder of Jack Ma Foundation and Partner of Alibaba Group arrived last night in Addis Ababa, following his meeting with Prime Minister Abiy Ahmed in Alibaba headquarter in Hangzhou city earlier this year.

Jack Ma is in Addis Ababa to launch the Electronic World Trade Platform in Ethiopia.

The Prime Minister Office announced that electronic World Trade is a platform that will support the country’s national digital transformation strategy.

During their meeting in Hangzhou last April, Prime Minister Abiy and Jack Ma shared on the future of disruptive technologies on market and societies.

On the occasion, Jack Ma agreed to consider potential investment in Ethiopia that will impact the daily lives of the people in the region.