Wednesday, March 27, 2013

ews  HortiFlora Expo Ethiopia 2013 To The Next Level

HortiFlora Expo Ethiopia 2013 To The Next Level - PerishableNby HortiFlora Expo Wednesday, March 27, 2013 at 3:17PM EDTAddis Ababa - The 5th edition of HortiFlora Expo Ethiopia closed its doors last Friday and concluded satisfactory results for most of its exhibitors.

Friday, March 22, 2013

President Obama Meets with First-Ever Ethiopian Crowned Miss Israel

A few weeks ago, more than a quarter of all Israeli TV viewers watched the judges announce the new Miss Israel of 2013.Titi is her name, short for Yityish Aynaw. She was the only black finalist in this year’s beauty pageant and she has become Israel’s first black beauty queen. She’s tall, commanding, and outspoken.“It’s time that someone from my community, someone with my skin color, who is Israeli just like everyone else, represent the country,” Aynaw said.What captivated the judges was not only her beauty, but also her life story.Born in a small town, Titi was orphaned by the time she was about 10. She moved to Israel to live with her grandparents, who had already left Ethiopia for a new life here.Titi said as an Ethiopian Jew, she grew up with stories about the Land of milk and honey, but her new life in Israel wasn’t all milk and honey.

President Obama Meets with First-Ever Ethiopian Crowned Miss Israel | PRI's The World

Tuesday, March 19, 2013

Samsung Set to Open Assembly

18 March 2013 ,
Source: Government of Ethiopia

Samsung, today (March 18), announced that it has concluded an agreement with the Ethiopian government to establish a laptop and printer assembly plant in the country over the next few months. The announcement was made during the Fourth International Samsung Conference in Cape Town, South Africa. Samsung Electronics East Africa's Chief Operating Officer, Robert Ngeru said "We have finalized the agreement with officials from the Metal and Engineering Corporation and officials from other government bodies". According to Ngeru, Samsung has also finalized agreements to assemble television sets and refrigerators in the country. Additionally, by partnering with MultiChoice Ethiopia, Samsung plans to offer consumers purchasing Samsung Televisions an inbuilt decoder. Accordingly, Samsung customers will get a free decoder with every purchased television set, thereby enabling them to enjoy the benefits of digital TV immediately

Ethiopia Considering Additional Dry Ports

Tuesday, 19 March 2013 A study commissioned by the Maritime Affairs Authority (MAA) has recommended the construction of 12 additional dry ports. The number of ports recommended may vary when the final study is completed in two weeks and submitted to the Ministry of Transport.Construction of additional dry port is in line with the Ethiopian  government’s target to build 35 ports by the end of the Growth & Transformation Plan (GTP) period in 2014/15, according to Ahmed Tussa, chief executive officer of the Ethiopian Shipping & Logistics Services Enterprise (ESLSE).Construction of the new dry ports could begin as early as next year, if the MoT approves the proposal, according to Ahmed, who spoke to journalists during a press conference on port expansion activities on Tuesday, March 12, 2013.Four of the 12 suggested dry ports will be located in Amhara region,  Oromia, Somalia, Gambella and Southern regions.Ethiopia started developing dry ports following a 2007 study by the then Ministry of Transport & Communication (MoTC), which suggested that the country could save foreign currency from seaport expenses at Djibouti, by building an in-land port within the country. Such ports handle the customs inspections, documentation of cargo and packaging for import and export. The saving, according to the study, could be seven to eight dollars for every container that’s transported through Djibouti.

Source: Fortune

Sunday, March 10, 2013

Chinese rail in Ethiopia to replace historic French line

The old French-built railway that connected Addis Ababa, the capital of landlocked Ethiopia, to the Red Sea port of Djibouti, is now being replaced by a Chinese-built electrified railway, a bold project that seeks to boost Ethiopia's commercial exports.The new project also symbolises a shift in Ethiopia's international relations. Read more below
Chinese rail in Ethiopia to replace historic French line - FRANCE 24

Wednesday, March 06, 2013

Ethiopia's Benefit under the EU's Preference Scheme Extended

Tuesday, 05 March Written by Meraf Leykun Tuesday, 05 March 2013 Ethiopian producers and companies are set to increase their exports to the European Union as a result of a new change in the Generalized System of Preference agreement scheduled to take effect in January 2014.The changes made to the new GSP will benefit Ethiopia by avoiding its competitors which previously used to benefit under the GSP scheme.Ines Escudero Sanchez, Director General for Trade at the European Union, informed journalists at a press briefing held at the premises of the European Union (EU) in Addis Ababa on Monday, February 25, that the Generalized System of Preference agreement  has  been reviewed and the changes will take effect as of 1st of January, 2014. “Most of the countries that will no longer benefit from the GSP agreement are competitors of Ethiopia, since they provide the EU market with products that are also supplied by Ethiopia. For Ethiopia, the GSP agreement will still be in effect.”Sanchez also recommended that, Ethiopian suppliers should boost there exports to the European Union Market both in terms of quality and quantity to fully benefit from the opportunity. The European Union Business Forum to Ethiopia (EUBFE), a forum representing 300 European Union companies, is working to  strengthen economic and trade ties between Europe and Ethiopia, according to Chris de Myunk, President of the forum.In a related news, the European Union Delegation and EUBFE held a three day training, from February 25-27, for producers and business companies in Ethiopia, both local and international,  to enhance their know-how and upgrade their knowledge on how to better export to the EU.The EU, the world’s largest single market with more than 500 million consumers and a share of around 20 percent of global imports to its members, has bestowed a wide range of preferential arrangements for least-developed countries including African, Caribbean and Pacific states (ACP). Ethiopia currently is benefiting from the GSP agreement, a preference for countries which have not concluded the relevant negotiations for a comprehensive or interim Economic Partnership Agreement (EPA). In 2011 alone, 43 percent of the Ethiopia's exports were destined to the European Union. Source: Capital

Ethiopia: Saudi Arabia Said Relations With Ethiopia Excellent

6 March 2013 , Source: Government of Ethiopia Saudi Arabia's Minister of Foreign Affairs, Prince Saud Al-Faisal, has said relations between Ethiopia and Saudi Arabia are at an excellent level. In a press statement released by the Saudi's Foreign Ministry on March 4, the Foreign Minister "confirmed the deep-rooted and long standing relations between the Kingdom of Saudi Arabia and the Republic of Ethiopia".He said: "The first Hijra (migration) in Islam was to Abyssinia, and the ties between the people of the two countries have had a long standing and prestigious history". The Foreign Minister noted that there is a growing "development of relations with Abyssinia, which culminated right now to reach an excellent level of cooperation in various fields", including the significant widening of trade between the two countries and growing investment relations. Last week, Saudi Arabia's Minister of Finance, Dr. Ibrahim bin Abdulaziz Al-Assaf, visited Addis Ababa for talks with Prime Minister Hailemariam and Minister of Finance and Economic Development, Ato Sufian Ahmed, and signed an agreement on double taxation.Prince Saud Al-Faisal also noted that Saudi Arabia and the Republic of Ethiopia were working closely to calm the situation in the Horn of Africa, and the two countries recently signed an agreement to cooperate on a whole range of issues. A recent statement by Saudi Arabia's Deputy Minister of Defense in Cairo that Ethiopia's Renaissance Dam had the potential to affect downstream countries adversely, led the government to ask for an explanation from the Ambassador of the Kingdom of Saudi Arabia in Addis Ababa. The Ambassador expressed his belief that the comments of the Deputy Minister would not be the views of the Kingdom of Saudi Arabia.

Saturday, March 02, 2013

The 1896 Battle of Adwa: 117 Years Ago Colonial Ambitions Were Put in Check

In 1896, eleven years after the Berlin Conference, the Ethiopian army decisively defeated the Italian military at the Battle of Adwa. - See more below 
The 1896 Battle of Adwa: 117 Years Ago Colonial Ambitions Were Put in Check at Tadias Magazine

South Sudan to export crude oil by road through Ethiopia

South Sudan to export crude oil by road through Ethiopia: News-africareview.com

Ethiopia and Saudi Arabia Concluded Double Taxation Avoidance Agreement

Written by Meraf LeykunFriday, 01 March 2013 13:09
Ethiopia signed two loan agreements worth USD 25 million with the Arab Bank for Economic Development in Africa (BADEA) and the Saudi Fund for Development (SFD) this past Thursday. Ethiopia and Saudi Arabia has also signed double taxation avoidance agreement with the Kingdom of Saudi Arabia on the same date.The loan agreement is to finance rural electrification projects in Gode-Kebridehar aimed at providing electricity to remote areas in the Somali Regional State of Ethiopia.Finance and Economic Development Minister Sufian Ahmed and Minister of Finance of Saudi Arabia, Dr. Ibrahim Abdulaziz Al-Assaf and Chairman of Boards of Directors of the BADEA and the Saudi Fund for Development, Eng. Yousef Ibrahim signed the agreements.Finance minister Sufian said the double taxation avoidance agreement will contribute to attract foreign capital, promote domestic productivity. The agreement will help create suitable environment for investment and economic growth between the two countries, he said.
Source: ENA 

Ethiopian-Israeli Wins Miss Israel 2013

21-year-old model Yityish Aynaw, a former IDF officer, made aliyah some 10 years ago.Yityish Aynaw, a former Israeli army officer, has become the first Ethiopian-born Israeli to win the Miss Israel pageant.A panel of judges awarded the title to Aynaw, a 21-year-old model who came to Israel about a decade ago, at the International Convention Center Haifa on Wednesday."It's important that a member of the Ethiopian community wins the competition for the first time," she was quoted by Israeli media as telling the judges in response to a question. "There are many different communities of many different colors in Israel, and it's important to show that to the world." Aynaw came to Israel with her family when she was 12. Acclimating to Israel was difficult at first, Aynaw said, but she picked up the language quickly with the help of a friend.She has been working as a saleswoman at a clothing store since her army discharge. Source jpost.com

Ethiopian can not afford a prolonged war.

Ethiopian can not afford a prolonged war. Ethiopia as the poorest country in the world is dependent on aid. A prolonged war simply depletes ...