European Union commends Ethiopia for effective use of aid (Apr 25, 2014)

The Head of the European Union Delegation to Ethiopia, Ambassador Hebberecht Chantal, has commended the Ethiopian Government for effectual use of its development aid, pointing out that “the Government of Ethiopia has been implementing effectively the development support it gets from the European Union”. Recalling that 80% of the aid goes through the government budget or Multi-donor Trust Fund, she said that the money was properly used for the planned projects. She said “we successfully implemented the 10th European Development Fund (EDF) in the past five years, 2009-2013”.

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EU-ETHIOPIA COOPERATION developing ethiopia together

eu-ethiopia-cooperation

Ethiopia and European Union have been development partners for over 37 years. Since the signing of the Lome I in 1975, the cooperation between Ethiopia and the European Union has been widening in scopes and coverage.

The European Union is one of the five major donor partners of Ethiopia. EU institution contributes for about €230 million a year, representing 10% of the total Official Development Aid received by Ethiopia. Together with the EU Member States support, the European Union makes available around 34% of the total aid assistance to Ethiopia.

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EU provides over €40 mln to Ethiopia, UNICEF

Addis Ababa, 17 April 2014 (WIC) -The European Union (EU) yesterday announced a €40.2 million grant to the Ministry of Health and UNICEF through the “Enhancing Skilled Delivery in Ethiopia (ESDE)” project.
This new funding from the EU will be used to scale-up maternal health and new-born care for a three year period (2014-2016). Of this grant, €20 million is allocated to the MDG Pool Fund of the Federal Ministry of Health (FMoH) and the remaining half to UNICEF.

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Addis Ababa among the 10 Fastest-Emerging Global Cities

Chicago-based consulting firm A.T. Kearney is predicting the next generation of global cities, based on the speed with which they are catching up to world capitals. The "Emerging Cities Outlook," released Monday, analyzed 34 cities in low- and middle-income countries, measuring development in business activity, innovation and ability to attract people to live there.

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The Great Ethiopian Renaissance Dam – a Monument Being Erected By All Ethiopians for the Edification of Ethiopia

Ethiopians have been using various art forms throughout the ages to vent their frustration over our inability to put the river Nile to meaningful use.

The fact that we have been under the yoke of poverty for so long while nature has endowed us with a precious gift like the Nile has always infuriated and made us ashamed in equal measures. All this sadness and frustration however, is now giving way to determination and optimism with the laying of the cornerstone of the Great Ethiopian Renaissance Dam (GERD) some three years ago.

The current generation of Ethiopians is staking its claim to history by displaying the determination to undertake a monumental project that many had thought we would not dream of let alone embark on. Currently the construction of the GERD is a third of the way through.

The entire process–including the design, funding and execution of the project– is owned and driven by the people and government of Ethiopia. The GERD is a harbinger of a new era for a country whose people are striving to make history by making poverty, a source of national embarrassment for far too long, a thing of the past. It heralds a bright future for a country that aspires not only to rid itself of poverty but also to be a land of democracy and justice. It was not an easy thing for Ethiopia when it set out to build the dam three years ago.

The country knew it could not obtain a loan or a grant from overseas to finance the construction. Meanwhile, ever since the project was announced, foreign enemies and a handful of internal elements opposed to the Ethiopian government have been hard at work to discredit the project. However, the people of Ethiopia have set their political differences aside and managed to overcome these daunting challenges to allow the construction to reach the critical stage it has reached now.

The GERD cannot be a cannon fodder that forces with sinister motive use to sow discord between the people of Ethiopia for it is a monument being erected by them with a shared vision. Any attempt to use the dam for political consumption is bound to steer one on a collision course with the Ethiopian people and is akin to stirring a hornet’s nest.

The historic and humiliating victory that Ethiopia inflicted on the invading Italian army at Adowa in 1896, in which all black people take pride, was a result of the heavy sacrifice paid by all Ethiopians. Just as no one can deny to whom the victory belongs, it is the same thing with the dam. It also belongs to the Ethiopian people.

Ethiopia’s first expressway nears completion

The Addis Ababa-Adama expressway in Ethiopia will be first expressway in Ethiopia and East Africa when complete and also the first toll road in the nation. It will connect the capital city Addis Ababa to Adama in Nazareth.

Construction started in April 2010 and is scheduled to be complete in April 2014. The project is estimated to cost US$612 million and when complete the expressway will be able to accommodate 15,000 vehicles per day.  The project is financed through a US$350 million loan from Export-Import (Exim) Bank, with the remaining US$262 million coming from the Ethiopian Government.

Constructed by Chinese Communications Construction Company (CCCC) on behalf of the Ethiopian Roads Authority (ERA), the new road uses advanced technologies such as a traffic management centre and intelligent transportation systems (ITS) for effective operation, together with overpasses, underpasses and interchanges. ITS technologies include traffic cameras and variable message signs (VMS) for effective traffic management and incident management.

Tolling is expected to be implemented on the Addis Ababa-Adama expressway, a first for Ethiopia. Toll gates will be installed at Addis Ababa and Adama, as well as at the six other interchanges. The toll road will reduce the travel time to around 40 minutes from the average two hours between Addis Ababa and Adama.

Ethiopia is one of the fastest growing nations in the world, but poor transportation facilities have become a bottleneck to the growth of agriculture in the country thereby affecting economic development. The Ethiopian Government has undertaken projects to improve the country’s transportation network and plans to complete 64,000 kilometres of road network by 2015.

The existing Addis Ababa-Adama road carries 20,000 vehicles per day and is one of the busiest routes in the country. The road is heavily congested, which is causing frequent accidents. The new highway will help resolve these issues and contribute to fuel savings.

Cairo Analyst Says Ethiopia Dam Won’t Hurt Egypt

VENTURES AFRICA – A water expert from the AUC University in Cairo has confirmed that Ethiopia’s hydroelectric dam will not hurt Egypt’s share of the Nile waters. According to the Egypt-based water resource management specialist Richard Tutwiler, the Ethiopian dam will never stop the flow of water downstream to Egypt.

“It is unlikely that Ethiopia will severely choke or stop the flow of water. Ethiopia needs the electricity…and hydroelectric dams don’t work unless you let the water through” said Mr. Tutwiler.

The Sudanese government has also supported the Ethiopian dam because “the dam would have minimal impact on its (Sudan’s) water allotment…and the mega-project’s other benefits became clear.”

Water experts have confirmed that the dam is expected to improve flood control, expand downstream irrigation capacity and, crucially, allow Ethiopia to export surplus electricity to power-hungry Sudan via a cross-border link. Some studies indicate that properly managed hydroelectric dams in Ethiopia could mitigate damaging floods and increase Egypt’s overall water share. Storing water in the cooler climes of Ethiopia would ensure far less water is lost to evaporation than in the desert behind the Aswan High Dam in Egypt.

Despite these assurances from the international community and water experts, some Egyptian warmongers and politicians have unnecessarily threatened Ethiopia and other upstream African countries. Some Egyptian generals have been seen undercover in southern Somalia and the Ogaden, arming rebels and agitating more anti-Ethiopia sentiment among the public. Analysts say that Egyptian military leaders want to distract the pro-democracy movement in Egypt from domestic problems by diverting their attention to a non-existent external threat.

Some Egyptian politicians also claimed that Egypt deserves to eternally keep over 90 percent of the Nile even though it contributes less than 1 percent to the Nile. They cite outdated colonial agreements from 1959 signed between Egypt and Britain, which excluded eight out of ten Nile African countries. The Mubarak Cairo regime also took advantage of the civil war in Ethiopia to sign vague agreements in 1993. However, for the first time in history, the majority of Nile basin African countries signed in 2010 the binding international treaty, the Cooperative Framework Agreement (CFA), for the fair and equitable utilization of the Nile River among all countries.

Egypt ignored the 11 years of negotiations that led toward the CFA treaty, which was adopted by all other Nile African countries. Despite threats from Egypt, Ethiopian government has continued the dam construction. Analysts say that Ethiopia’s growing population need to utilize the Nile river since it cannot depend on erratic rains to produce energy or to feed its people who have already suffered numerous famines over the last few decades.

Source:http://www.ventures-africa.com/2014/03/cairo-analyst-says-ethiopia-dam-wont-hurt-egypt/

 

Ethiopia Establishes Business Academy

March 26, 2014

VENTURES AFRICA – To improve the business culture in the country, especially in its private sector, the Ethiopian Chamber of Commerce and Sectorial Associations (ECCSA) has launched the “Chamber Academy”, in partnership with the Center for International Private Enterprises (CIPE), a US based affiliated organization with US Chamber of Commerce.

The business center aims to strengthen leadership and management skills of the ECCSA and member organizations, and building institution capacity. It will also help to enhance communication, cooperation and networking among business institutions, a statement published on the association website said.

ECCSA has been supporting Ethiopia’s business community for more than 60 years.

Speaking at the formal launching of the institute, ECCSA President Mulu Solomon said the opening of the Academy will help bolster the capacity of the private sector through training for business people and staff of relevant organizations.

He implored the Ethiopian private sector to extricate itself from traditional ways of thinking and practices by adopting modern theories and practice of doing business.

Professor Mohammed Habib, a senior legal professional and instructor at the Addis Ababa University also told Anadolu Agency that international partnership would be vital to disseminate up-to-date business knowledge.

The center of excellence would not only stimulate the activities of the private sector and ensures its steady growth, it will also stimulate the activities of the sector as a major driving force of economic development and growth, Habib said.

Source: http://www.ventures-africa.com/2014/03/ethiopia-establishes-business-academy/

 

Unilever (UNA) plans to open a manufacturing plant in Ethiopia

uniliver

17 March 2014-Addis Ababa-Unilever (UNA), the world’s second-biggest consumer-products manufacturer, plans to open a manufacturing plant in Ethiopia during the next year, Bloomberg reported citing a company official.

The company is renting premises for a plant in the Eastern Industry Zone in Dukem, 31 Km southeast of the capital, Addis Ababa, Dougie Brew, head of corporate affairs in Africa, said in a phone interview with Bloomberg on March 4.

“The plans are ambitious for Ethiopia because we see it as a growing market,” Brew said from London. “We’ve taken a long-term investment decision in Ethiopia because of the demography, broad-based growth and opportunity to create a genuinely inclusive and sustainable business model from scratch.”

The company plans to build a “comprehensive consumer-goods manufacturing business” in Ethiopia, which will source from Ethiopian suppliers, Brew said. “Retail is still a restricted sector so a lot of our work will be developing local Ethiopian companies that will act as distributors.”

Unilever, which already imports Knorr stock cubes and Omo detergent into Ethiopia, may initially produce cloth washing soap before moving into food products, he said.

Source: Bloomberg