Saudi Billionaire's Ethiopia Gold Mine Has 128 Tons Ready

By William Davison - May 30, 2012

National Mining Corp., a closely held company majority-owned by Saudi billionaire Mohammed al-Amoudi, said it has 128 tons of gold ready to be mined at its Okote project in south Ethiopia.

A 13-year-old Ethiopian American to compete in national spelling bee contest

May 30, 2012

Nejat Alkadir, a13-year-old Ethiopian American, is to compete in this year’s national spelling contest. She is a seventh grade student at Ledford Middle School, Thomasville, North Carolina

Lifan Launches SUV X-60 Model in Ethiopia

5-30-2012

Addis Ababa, Ethiopia – Lifan launched its latest model assembled in Ethiopia, the SUV X-60. The new model will be the seventh to be introduced by the Chinese company in Ethiopia.

Lifan has already sold 60 of the X-60 in the first weeks it’s been out according to sources within the company.

Ethiopian News in Amharic : Monday, May 28, 2012

Dire Dawa, Ethiopia: U.S. Personnel Dedicate School Facilities

By Technical Sergeant Ryan Labadens, 25 May 2012 Comment
Dire Dawa — Ethiopian and U.S. personnel gathered for a ribbon-cutting ceremony to dedicate a new schoolhouse and two latrines at the Gende Gerada Primary School here May 22, 2012.

This building project lines up with one part of the mission statement for Combined Joint Task Force - Horn of Africa: enhancing partner nation capacity. One way CJTF-HOA personnel help accomplish this is by providing opportunities for African nations to help themselves.

Ethiopia: $2.4 bn from foreign trade in 10 months .By The Africa Report

Thursday, 24 May 2012

The foreign exchange was secured from agricultural and industrial products exports to around 127 countries across the world, the Ministry of Trade said. The $352 million the country made last year, pales in comparison to this year's figure, an indication that the country's exports are on the rise, the ministry said.

Ethiopia to Inaugurate Road Sector Database

Wednesday, 23 May 2012 Ethiopia is to inaugurate a 30 million birr road sector database system in the next few weeks after completing transferring its data to the data base according to Ethiopian Roads Authority.

Sudan: Opposition Criticises Ethiopia-Sudan Extradition Agreement

By Tesfa-Alem Tekle, 21 May 2012

Addis Ababa — Ethiopia's biggest coalition of opposition parties, the Forum for Democratic Dialogue in Ethiopia (Medrek), has condemned a judicial agreement signed between Ethiopia and Sudan.

Ethiopia says electric coverage reaches 47 percent

Tuesday, 22 May 2012 16:15

The Africa Report--Ethiopia has been able to raise electricity coverage to almost half of the country, as the nation claims to be have one of the highest coverage on the continent. Ethiopia has raised its coverage to 2,140 megawatts (MW) from 370MW two decades ago, ensuring that 47 percent of the country is covered.

East Africa: The Bad News Over Badme - Why Ethiopia Won't Back Down On Eritrean Border

By Michael Woldemariam, 23 May 2012

For several years, combat along the tense Eritrean-Ethiopian frontier has been entirely rhetorical. This changed on March 16th, 2012 when the Ethiopian government boldly announced that it had crossed into Eritrean territory in an attack on three military installations.

Dubai Chamber builds commercial ties with Ethiopia

Monday 21, May 2012 Dubai Chamber of Commerce and Industry will open its first overseas representative office in Ethiopia by the end of 2012, the business organisation announced following the successful conclusion of its trade mission to Plans to sign a Memorandum of Understanding (MoU) with the African Union during the Eastern African Community Forum that will be held in Dubai in October, were also agreed during the three-day visit

DuPont to Invest $3 Million in Ethiopia

Monday, 21 May 2012 .DuPont, a US based company, is set to invest more than 3 million US dollars in Ethiopia over the next three years. The company will be investing in seed production and storage facilities as well as developing weed control for wheat farmers and creating a soil information system to deal with limitations in the soil and enhance crop yield.

Ethiopians Stage a Rally in Support Of Prime Minister Meles Zenawi in Washington D.C.

Tsehaye Debalkew, May 18, 2012 -- Diaspora Ethiopians show their solidarity support with a rally in Washington D.C. in support of Prime Minister Meles Zenawi's apt leadership.

They praised the PM and his wise leadership team for pulling out Ethiopia from the quagmire of backwardness, famine and extreme poverty. The members of the Ethiopian Diaspora admired the Premier's smart and able stewardship in elevating Africa to the global pavilion, in a demonstration of support they held during the just concluded 3rd International Food Security Symposium at the Washington D.C., Ronald Regan building to-day May 18, 2012. PM Meles took part in the colloquium as a guest of honor of President Barack Obama.

Ethiopia and Sudan signed a judicial agreement on the extradition of criminals

By Tesfa-Alem Tekle

May 17, 2012 (ADDIS ABABA) – .Ethiopia and Sudan on Wednesday signed a judicial agreement on the extradition of criminals
The agreement which was signed in the Ethiopian capital, Addis Ababa, between Ethiopia’s Minister of Justice, Birhan Hailu and his Sudanese counterpart, Mohamed Bushara aims to jointly tackle crime, criminality, enhance regional peace and promote justice in general.

Ethiopia: Coffe linked to lower risk of death.

May 17, 2012

Researchers have some reassuring news for the legions of coffee drinkers who can't get through the day without a latte, cappuccino, iced mocha, double-shot of espresso or a plain old cuppa joe: That coffee habit may help you live longer.

A new study that tracked the health and coffee consumption of more than 400,000 older adults for nearly 14 years found that java drinkers were less likely to die during the study than their counterparts who eschewed the brew. In fact, men and women who averaged four or five cups of coffee per day had the lowest risk of death, according to a report in Thursday's edition of the New England Journal of Medicine.

United States suspens of all consular and diplomatic services in Eritrea

May 17, 2012

The United States government announced the suspension of all consular and diplomatic services in Eritrea, in what appears a further deterioration in relations between the two countries. In a message released by the US Embassy in Asmara, it indicates that it “can provide only emergency services to US citizens in Eritrea”, announcing the suspension of services for the release of visas.

Ethiopian Airlines to Start Evening Flights to Bahir Dar

Posted by Mamo Gebrehiwot on May 16th, 2012

Addis Ababa, Ethiopia – (Press Release) – Ethiopia Airlines is pleased to announce that it will start upgraded evening services between Addis Ababa and Bahir Dar with its Boeing 737–700/800 aircraft effective May 15, 2012.

ZERU H. CHERKOS: WALDEBA MONASTRY AND WOLKAYITE IRREGATION PROJECT

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Ethiopia urges foreign investment in railways

2012-05-16 14:56
( chinadaily.com.cn) Ethiopia has called for more foreign investment into the country's railways, as it plans to build a railway network of nearly 6,000 kilometers in the coming decade.

Africa favorable place to invest.

May 13, 2012.
ADDIS ABABA, Ethiopia, May 11, 2012/African Press Organization (APO)/ – Africa is a favorable place to invest in because profitability and returns are still the best in the world, says the Deputy Chairperson of the African Union Commission, H.E. Erastus Mwencha.
Mr. Mwencha was speaking during the official opening of the Grow Africa Forum at the African Union Headquarters in Addis Ababa, today 09 May 2012.
He said Africa had seen an increment in investments because of the change the continent was experiencing as regards, investments, peace and security.

Driba and Endris impress at Ethiopian Champs

May 14, 2012

Addis Ababa, Ethiopia – Newcomers Buze Driba and Muktar Endris were among the impressive winners in the women’s and men’s 5000m as the 41st Ethiopian Athletics Championships (May 9th-13th 2012) came to a close on Sunday (13) at the Addis Ababa stadium.


Muktar Endris takes the Ethiopian national 5000m title in Addis Ababa (Bizuayehu Wagaw )

UN humanitarian official praises Ethiopia’s efforts on food security amid drought

UN humanitarian official praises Ethiopia’s efforts on food security amid drought
“Multi-year investments in safety nets and significant advances in health and nutrition have saved countless lives and protected millions from the famine experienced elsewhere in the Horn of Africa,” he said, adding that “the successful policies pursued by the Ethiopian Government provide an invaluable experience to share, not just elsewhere in the Horn [of Africa], but also across the drought-ridden Sahel.”

Sudan, South Sudan to resume negotiations on May 17

   2012-05-12 16:47:06            
KHARTOUM, May 12 (Xinhua) -- The African Union High-Level Implementation Panel on Sudan (AUHIP) has set May 17 as the date for resuming the negotiations between Sudan and South Sudan in Ethiopia's capital Addis Ababa, Khartoum's Al-Sudani daily reported Saturday.

"The African mechanism for mediation between Sudan and South Sudan has set May 17 as the date for resuming the negotiations between the two countries in Addis Ababa," the paper said, adding that head of the AUHIP Thabo Mbeki has been shuttling between capitals in the region to prepare the atmosphere for the negotiations between Khartoum and Juba.

Ethiopian Filmmakers Win International Award

SATURDAY, 12 MAY 2012
A group of young Ethiopian filmmakers named Gem TV, many of whom were street kids, have won the 2012 Special Award at the One World Media Awards in London.The Special Award, which is sponsored by the Thomson Media Foundation, recognises an outstanding project working on the ground in the developing world where media activity has made a real impact on people's lives.
Standing alongside nominees who included the BBC, ITN and other leading international media organizations, Gem TV Film Director, Adanech Admassu, received the award saying that she hoped it would raise the profile of Gem TV’s work in Ethiopia where they have made films for UNICEF, UNDP, Oxfam, Water Aid and Womankind amongst others.

Ethiopia: State bank to expand more branches in South Sudan

By Tesfa-Alem Tekle

May 10, 2012 (ADDIS ABABA) – The state-owned Ethiopian Commercial Bank (ECB), said it will open more branches in the main towns of South Sudan including one in Upper Nile State going operational in the next few weeks.

ECB was granted regulatory approval by the South Sudan government in January 2009 and shortly after it opened a branch in Juba under the name CBE-Southern Sudan Ltd. with an initial capital of 15 million US dollars.

Energy can be Ethiopia's biggest export - Miheret Debebe

May 11, 2012

In the process of building a series of huge hydroelectric dams and wind farms, Ethiopia's state-run electricity company is gearing up to begin exporting to its neighbours. Miheret Debebe, Chief executive officer, Ethiopian Electrical Power Corporation, spoke with The Africa Report about Ethiopia's energy development.

The Africa Report: What is the current electric power generating capacity of Ethiopia?


Miheret Debebe: The capacity is defined in two aspects. One is the megawatt capacity, which is about 2,100MW of installed capacity. The other is the energy potential, which is currently 7,300 MWH, depending on the availability of water. 


Marriot to Manage Two Hotels in Ethiopia Amid African Expansion

By William Davison

May 10, 2012 12:29 PM EDT

Marriot International Inc. (MAR) will manage two hotels that are under construction in Ethiopia’s capital, Addis Ababa, as the company expands in the region, said Alex Kyriakidis, the company’s Middle East and Africa president.
Bethesda, Maryland-based Marriot’s capital partners