EDF 2014-2020: Following the money

Next week, several Pacific and Caribbean countries will sign their national indicative programs to receive European Union development funds for the period 2014-2020.

The agreements are scheduled to be finalized on Sept. 2 on the sidelines of the four-day United Nations conference on Small Island Developing States taking place in Apia, Samoa. There, development stakeholders will gather to discuss a wide range of issues, from climate change to building resilience against natural disasters, to which Pacific island states are particularly highly vulnerable.

Read more

Coffee, naps best combination: scientists

xperiments performed by scientists from UK and Japan suggest that coffee and naps taken together maximize the brain’s alertness much better than when taken alone.

Scientists at Loughborough University in Britain found out that tired test takers who drank a cup of coffee and immediately took a 15-minute nap had fewer errors in a driving simulator than those who only drank coffee or only took a nap.

Read more

Nation eyes more revenue from tourism

he Culture and Tourism ministry says it will pursue a number of tourism development strategies with the aim of pushing Ethiopia’s tourism sector forward.

Ethiopia works tooth and nail to perk up its tourism sector, fully exploit its tourism potentialities and raise the contribution of the tourism industry in its national income.

Read more

Premier Calls For Extension of African Growth and Opportunity Act

August 28/2014 Prime Minister Hailemariam on Thursday, August 28, 2014 called on American Senators he met here in Addis Ababa to support the extension of African Growth and Opportunity Act (AGOA).

The PM held talks on agricultural development in Ethiopia, food processing, empowerment of women and health with US Agriculture Deputy Minister Krysta Harden and other five female senators.
The parties also discussed tourism, aviation, roles and benefits of women.

Read more

Egypt, Ethiopia, Sudan agree on impact studies on Nile dam

Egypt, Ethiopia, and Sudan's irrigation ministers signed an agreement to conduct two studies to gauge the effects of Ethiopia's Grand Renaissance Dam on its neighbouring countries, state-run news agency MENA reported on Tuesday.

The dam has been a source of concern for the Egyptian government since May 2013, when images of its construction stirred public anxiety about the possible impact on Egypt's potable water supply.

A joint statement by the ministers after a two-day meeting in Khartoum revealed that the studies were suggested by the committee of international experts tasked to revise the dam's impact.An international consulting company will conduct the two studies.

Read more

Ethiopia’s impressive economic growth

Addis Ababa: August 22, 2014 (FBC) - Ethiopia has made great strides to become one of Africa's fastest growing economies and continues to record impressive economic growth.The country which is sub-Saharan Africa's fifth biggest economy is at the focal point of emerging economies' interest with various delegations of foreign investors seeking investment opportunities in the largest landlocked country in the continent.

Read more