U.S. Officials Highlight Opportunity for Ethiopia's Future

27 June 2013  Source: State Department Washington Ethiopia is "an important partner" of the United States in the East Africa region and one of the fastest-growing economies in the world, a senior State Department official told a U.S. House of Representatives Foreign Affairs Subcommittee June 20.Donald Yamamoto, the acting assistant secretary of state for African affairs and a former U.S. ambassador to Ethiopia, told the lawmakers that the Ethiopian economy has been growing by double-digit percentages over the last five years. <!-- more --> However, he cautioned that Ethiopia-U.S. business relationships have been limited because of investment climate challenges.He also noted that Ethiopians in the United States are returning to their homeland to expand political and economic ties between the two countries and to provide humanitarian support. Ethiopia is a major recipient of U.S. aid, primarily for development in the health, agriculture and education sectors, and Ethiopia is one of the U.S. Peace Corps' largest host countries.In development, Ethiopia "has emerged as a leader on the push to end preventable maternal and child deaths," Yamamoto said. As part of its leadership, in 2012 Ethiopia co-hosted the global Child Survival Call to Action with India, the U.S. Agency for International Development (USAID) and the United Nations children's agency UNICEF. The meeting was held in Washington.Yamamoto stressed that the United States wants to increase cooperation with Ethiopia in key areas, including security, counterterrorism and bilateral trade and investment. He said that as chair of the African Union, Ethiopia "will play a key role in determining AU priorities on peace and security and development and governance."On August 12-13, 2013, the United States will partner with Ethiopia to host the 2013 U.S.-Sub-Saharan Africa Trade and Economic Cooperation Forum in Addis Ababa. Also known as the AGOA Forum, this year's theme is "Sustainable Transformation through Trade and Technology." The event will bring together senior officials from the United States and AGOA-eligible African countries to discuss a range of trade and investment-related issues. The U.S. African Growth and Opportunity Act (AGOA) offers incentives for African countries to continue their efforts to open their economies and build free markets.Yamamoto said the United States will "encourage Ethiopia to work toward greater market liberalization, including progress toward World Trade Organization accession." He added that recent successes on the economic front include a May trade mission to Ethiopia sponsored by the state of Illinois and a November 2012 agricultural investment conference in Ethiopia sponsored by the Corporate Council on Africa.Yamamoto further noted that the United States is working with a major U.S. company to secure multimillion-dollar deals aimed at improving Ethiopia's infrastructure.Following Yamamoto, USAID Assistant Administrator Earl Gast testified that to fuel development in health, education and growth, Ethiopia wants to boost its power production capacity fivefold by 2015. The United States in early June signed an agreement with Ethiopia's Ministry of Water and Energy that will serve as the basis for the government to negotiate project deals with private-sector developers.Yamamoto also said that U.S. companies have signed letters of intent to make investments in support of Ethiopia's country plan under the Group of Eight's New Alliance for Food Security and Nutrition. The alliance, introduced in May 2012, aims to form partnerships between investors and local companies in Africa to accelerate progress in mobilizing private capital, taking innovations to scale and managing risk.Gast said Ethiopia is one of the United States' key African partners in countering the effects of climate change and promoting food security. "USAID's programs in Ethiopia have seen remarkable results," he said.But, Yamamoto said, Ethiopia wants to eventually eliminate the need for donor assistance.

The Renaissance Dam V. Fallouts of the Nile Water Agreement, 1959

In fact, all disputes of the Nile Basin nations over the past 50 years resulted from this unfortunate agreement. This article is aimed at discussing this issue and shedding light on the positions the 1959 Nile Water Agreement attempted to impose on the other Nile Basin nations and how this has recoiled against Egypt and the Sudan in the form of decisions by the source nations to build their projects, including the Ethiopian Renaissance Dam, in absolute disregard and defiance of this agreement.Ethiopia knew that the Sudan and Egypt had decided to conduct negotiations on distribution of the Nile water since their first meeting in 1954 and sent messages to both countries in June 1955 demanding participation in the negotiations.

Read more http://news.sudanvisiondaily.com/details.html?rsnpid=223971

The new Diaspora Policy and engagement of Ethiopians in the Diaspora

(Mof)The Government has long been aware of the importance of the knowledge, experience, skills, and financial resources of Ethiopians in the Diaspora as a vital contribution to national growth. Indeed, the potential role of the Ethiopian Diaspora in development efforts has been given unprecedented recognition by the government in recent years. And to activate maximum use of Diaspora resources the Government has been aware that the relationship must be institutionalized. It has therefore established formal mechanisms to encourage and facilitate Diaspora engagement, setting up specific departments within Ministry of Foreign Affairs, mandated to assist and cooperate with the Diaspora.

Ethiopian Graduates 26 MPL Pilots

Friday, 07 June 2013 -  Ethiopian Airlines Aviation Academy is pleased to announce that it has graduated 26 pilots trained with Multi-Crew Pilot License (MPL), which is a first in Africa, on June 6, 2013.Leading the way past, present and future, Ethiopian Aviation Academy, has been the first in Africa and among the few in the world to start the ICAO certified training in July 2011.The MPL training was kicked off in partnership with Flight Path International. The MPL training is a response to the ever changing and technology driven aviation industry. Ethiopian Aviation Academy is now one of the few in the world and the only one in Africa providing these training.Today, in addition to the 26 MPL pilots, Ethiopian also graduated 68 cabin crew trainees on the same day."Ethiopian investment in the Aviation Academy has always been the back bone of the success of Ethiopian Airlines creating the necessary skilled and dedicated aviation personnel. Today's graduation of the first 26 MPL cadets in the continent is part of the continued milestones of Ethiopian fueling the fast, profitable and sustainable growth of Vision 2025," said Tewolde Gebremariam, CEO of Ethiopian.Ethiopian Aviation Academy is well on its way to become one of the seven profit centers of Ethiopian as outlined in its Vision 2025 to become the leading aviation training center in Africa. Historically, the academy has opened a third of its capacity to trainees from other African countries contributing to the growth of the aviation industry in the continent.

Sudan reiterates support of Ethiopian dam plans

June 9, 2013 (KHARTOUM) – Sudan’s information minister and government spokesperson Ahmed Bilal Osman insisted today that Sudan would benefit from the controversial Ethiopian renaissance dam and stressed that Ethiopia has engaged Sudan in all operations associated with the dam building.Sudanese Information Minister Ahmed Bilal Osman speaks during a joint press conference with the chief of Sudan’s intelligence service . At a press conference in Khartoum, Osman announced that Sudan’s minister of water resources and electricity Osama Abdalla Mohamed al-Hassan will travel for Cairo early next week.He said that the ten-member committee which includes representatives from Sudan, Ethiopia and Egypt as well as international experts has dispelled all concerns raised about the dam, adding that Sudan is ready to send experts and technicians to help in the construction of the dam.The Sudanese official also downplayed fears of a possible collapse of the dam which could lead to flooding Sudan and said that construction technology has improved and added that the Italian company which is building the dam would not risk its reputation, noting that Khartoum is keen on strengthening relations with Cairo and Addis Ababa.Osman mentioned that several dams such as Al-Rusairs dam in East Sudan and the Aswan dam in Egypt which accommodates 162 billion cubic meters of water have survived for tens of years and did not crumble.He said that Sudan sacrificed 22 villages and a million palm trees and an entire civilization in the far north in order to allow the Egyptians build the Aswan dam in 1964.Osman demanded those whom he said do not comprehend the sanctity of the relations between Egypt and Sudan to stop "muddling".The Grand Ethiopian Renaissance Dam, formerly known as the Millennium Dam is being constructed on the Blue Nile 40km from the Sudanese border.Egypt and Sudan had previously argued that the construction of the dam would negatively affect their water shares and insisted the project should be blocked, calling on international donors against funding it.However Sudanese president Omer Hassan Al-Bashir announced his support to the project in March 2012, saying his government understands the mutual benefits the project could offer Ethiopia and Sudan.Khartoum’s stance have aggravated Egypt in recent weeks with many political figures blasting Sudan’s "treachery".Egypt believes its “historic rights” to the Nile are guaranteed by two treaties from 1929 and 1959 which allow it 87 percent of the Nile’s flow and give it veto power over upstream projects.But a new deal was signed in 2010 by other Nile Basin countries, including Ethiopia, allowing them to work on river projects without Cairo’s prior agreement.The first phase of construction of the $4.2 billion dam is expected to be complete in three years, with a capacity of 700 megawatts.Once complete, the dam will have a capacity of 6,000 megawatts. (Sudantribune)

Nyota Minerals discovered New Gold Anomaly in Western Ethiopia

Thursday, 06 June 2013 - Energy and Mining Nyota Minerals, the dual listed on the AIM Market of the London Stock Exchange (AIM:NYO.L) and the Australian Stock Exchange gold exploration and development company, has reported the discovery of a new gold anomaly at the Boka-West target in the company's fully Northern Block exploration license areas in Western Ethiopia.The company reported that, the gold-in-soil anomaly extended for 2.0KM in length and was up to 500 metres (m) wide. The company said that it was also coincidental with anomalies for copper (Cu), zinc (Zn) and bismuth (Bi).Richard Chase, Chief Executive Officer of the company said, “The delineation of a large target at Boka-West is testament to the success of our systematic exploration program in the Northern Blocks. The continued exploration  of our greenfield exploration assets is an important facet of Nyota’s development strategy, complementing our advanced preproduction project at Tulu Kapi.""Subject to the first renewal of the exploration licenses and the requisite funding, we anticipate a first phase of drilling at Boka-West during the 2013-2014 field work season.” he added.

Source: Nyota Minerals