Tuesday 27 June 2017
(The Guardian 06/12/13)
Construction of Grand Renaissance dam to continue despite Eygptian concerns over impact on water supply and farming. Ethiopia has refused to halt work on a controversial giant dam across the river Nile that Egypt fears will severely curb its water supply. The refusal came after the Egyptian president, Mohamed Morsi, promised to "defend each drop of Nile water with our blood" and other senior Egyptian politicians called for the dam's destruction. A spokesman for the Ethiopian prime minister said on Tuesday that Morsi's speech was irresponsible and that the project would proceed as planned. "Nothing is going to stop the Renaissance Dam. Not a threat will stop it," Getachew Reda said via telephone. "None of the concerns the Egyptian politicians...
(Ethiopian Radio and Television Agency 06/12/13)
Delays in clearing goods are bound to reduce as Uganda finally acquires her container freight station at Mombasa Port. The facility which has been lying idle for the last four years is owned by Uganda Property Holdings Ltd, a Uganda government company. Unifreight Cargo handling Limited- the company which won the bid and compliance with Kenya Ports Authority and Kenya Revenue Authority (KRA) CFS requirements received the keys on Monday at Mombasa Port to manage the facility. This development has been lauded by the private sector saying it will help them reduce the costs they have been incurring while waiting for the goods to be cleared at the port. Initially, clearing goods at Mombasa has been taking more than two...
(New Business Ethiopia 06/12/13)
Ethiopia is set to host the 2013 African Growth and Opportunity Act (AGOA) Forum, which is also known as the United States-Sub-Saharan Africa Trade and Economic Cooperation Forum. The African Growth and Opportunity Act (AGOA) is the U.S. Government’s signature trade initiative with sub-Saharan Africa. The United States is strongly committed to expanding trade and investment, and to supporting broad-based economic opportunity and prosperity in Sub-Saharan Africa. The Forum, which will be conducted in association with the United States Government, is expected to take place in Addis Ababa, Ethiopia from August 12-13, 2013, according to the press statement from the United States Embassy in Addis Ababa. The theme of this year’s AGOA Forum is “Sustainable Transformation through Trade and Technology.”...
(Voice of America 06/12/13)
Ghana has arrested more than 100 Chinese nationals accused of illegally mining gold in that country. Zambia seized a Chinese coal mine in February over safety concerns. And Gabon is planning to take back assets from three foreign oil companies - including one from China. These moves and others have some analysts pointing to a backlash against Chinese investment on the continent. While experts say the China-Africa honeymoon may be over, divorce is not likely. China became Africa's top trade partner in 2009. Bilateral trade hit nearly $200 billion in 2012. Some Africans believe they are getting the short end of the stick, however, as they export valuable natural resources to China without receiving much in return by way of...
(Sudan Tribune 06/12/13)
Tensions between Egypt and Ethiopia heightened on Monday after Cairo threaten Addis Ababa in connection with its first dam project along the Blue Nile. Egypt, which has long been opposing the construction of the $4.8 billion dam, said it will not tolerate any attempt by the horn of Africa’s nation that diminishes its water share. Addressing to Egyptians on a live televised speech, Egyptian President Mohammed Morsi warned that his country is ready to confront any threat that would endanger the country’s water security. "Egypt’s water security cannot be violated at all," said Morsi. "As president of the state, I confirm to you that all options are open." The Egyptian president however said that he is not calling for war...
(New Business Ethiopia 06/12/13)
Ethiopian Airlines CEO, Tewolde Gebremariam, has been elected to the International Air Transport Association (IATA) Board of Governors. The Board of Governors is the government of IATA, which represents around 240 airlines. Its members exercise an oversight and executive role on behalf of the membership as a whole and in representing the interests of the Association. Tewolde GebreMariam has been serving as CEO of Ethiopian Airlines since January, 2011. He joined Ethiopian Airlines in 1985 as Transportation Agent at Addis Ababa Airport. He progressed through the ladder to Manager Cargo Traffic Handling and was appointed Regional Director for India and South East Asia, based in Bombay, before transferring to Jeddah as Area Manager for Saudi Arabia. The election of Ethiopian...
(Addis Fortune 06/11/13)
The quantity of imported goods, far above the regional average, is a concern for ethiopia. It is rare to see representatives of multilateral financial institutions straight talking on the matter of sensitivities to their client states. Yet direct talk was what Jan Mikkelsen, the Danish country representative of the IMF for Ethiopia, chose to have last week, when talking about Ethiopia’s macroeconomic state affairs. Inviting people that matter in policy corridors, Mikkelsen told the government to “seek help” and “open up” the economic frontier. He looked at Ethiopia’s current macroeconomic reality, in the context of a regional economic outlook for Africa released by his agency last week, inside the World Bank-IMF country office, on Africa Avenue (Bole Road), which has...
(Ethiopian Radio and Television Agency 06/11/13)
Ethiopia and Japan on Monday signed grant agreements amounting to 1.5 billion Birr. Finance and Economic Development State Minister Ahmed Shide and Japanese Ambassador to Ethiopia, Hiroyuki Kishino signed the agreement. Some 1.43 billion Birr of the sum will be used for rehabilitation of Lumame-DebreMarkos road while the balance will go for implementation of safe water projects in Amhara State. Ahmed on the occasion said Japan is a long time development partner of Ethiopia. Ambassador Kishino responded Japan has been providing support towards success of ongoing development endeavours of Ethiopia. The ambassador on the occasion recalled that Japanese PM Shinz Abe has announced at TICAD V meeting held in Yokohama Japan's new support package for Africa amounting to 32 billion...
(AL Jazeera 06/11/13)
President Morsi says "all options are open" in dealing with dam project that threatens Egypt with a water shortage. Egypt's president has warned Ethiopia that “all options are open" in dealing with its construction of a Nile dam that threatens to leave Egypt with a dangerous water shortage. Speaking in a live televised speech before hundreds of supporters on Monday, Mohammed Morsi said Egypt was not calling for war, but it is willing to confront any threats to its water security. "If it loses one drop, our blood is the alternative," he said to a raucous crowd of largely Islamist supporters that erupted into a standing ovation. Ethiopia's $4.2 billion hydroelectric dam, which would be Africa's largest, challenges a colonial-era...
(Bloomberg 06/11/13)
Egyptian Prime Minister Hisham Qandil said his government opposes Ethiopia’s construction of a dam on the Nile River and called for cooperation on the project to ensure Egypt’s interests are protected. Studies conducted so far by a committee made up of neutral experts and officials from Ethiopia, Egypt and Sudan have failed to show whether the dam will affect Egypt’s share of the Nile, Qandil said in remarks broadcast on state television today in the capital, Cairo. The project, known as the Grand Ethiopian Renaissance Dam, will generate 6,000 megawatts once built and will be Africa’s largest hydropower plant. “Egypt opposes dam construction in light of the information available,” Qandil said. “Egypt has legal, diplomatic and technical alternatives to deal...
(BBC News Africa 06/11/13)
Egyptian President Mohammed Morsi has said "all options are open" to deal with any threat to his country's water supply posed by an Ethiopian dam. Mr Morsi said he was not "calling for war", but that he would not allow Egypt's water supply to be endangered. Egypt was apparently caught by surprise when Ethiopia started diverting the Blue Nile last month, amid works to construct a hydroelectric dam. The river is a tributary of the Nile, on which Egypt is heavily dependent. The Great Ethiopian Renaissance Dam is a $4.7bn (£3.1bn) project that Ethiopia says will eventually provide 6,000 megawatts of power. It says the Blue Nile will be slightly diverted but will then be able to follow its natural...
(AFP (eng) 06/11/13)
Egypt's foreign minister is to hold talks in Addis Ababa on Ethiopia's plan to build a Nile dam that has stirred "life or death" concerns over water resources, the premier announced Monday. Hisham Qandil told the Senate, taking the place of parliament until a new National Assembly is elected, that Foreign Minister Mohammed Kamel Amr would travel to Ethiopia "in the coming days to give the Egyptian point of view" on the project. "Water is a question of life or death for the Egyptian people. Water is a matter of national security," he stressed. "Egypt's share of the Nile that is 55 billion cubic metres does not meet the daily needs of Egypt and its needs for growth. Egypt entered...
(Addis Fortune 06/11/13)
With the prices of materials fluctuating, the new directive will solve the current debate over project budgets. Alarmed by the constant price fluctuation on construction materials, the Ministry of Urban Development & Construction (MoUDC) has prepared a draft directive to change the fixed rate pricing system currently applied to all contractors that undertake constructions for the government. The directive, which will be mandatory for government institutions that are responsible for construction works, will have prices of construction materials and labour revised every three to six months, unlike the existing practice where revision is only possible within nine months to a year and half. “The Ministry is expecting to approve and implement the directive after a month,’’ Wubshet Kibebew, construction contract...
(Ethiopian Radio and Television Agency 06/11/13)
Foreign Affairs Minister Dr. Tedros Adhanom on Monday discussed with Deputy Prime Minister and Foreign Affairs Minister of Luxembourg, Jean Asselborn in Addis Abab. This is a report by ENA. The two parties discussed on bilateral issues between the two countries as well as African and European affairs. The officials also exchanged views on security affairs in particular of Somalia, Sudan and South Sudan, according to the Spokesperson of the Ministry, Ambassador Dina Mufti. Ambassador Dina said they also conferred on economic affairs between the two countries. Dr. Tedros briefed Asselborn on existing differences and problems between Sudan and South Sudan. The two parties reportedly exchanged views on activities, which will be undertaken by the European Union and Luxembourg with...
(Ahram Online 06/10/13)
Britain recognises that Nile water security is a strategic necessity for Egypt, says UK foreign ministry spokesperson. The UK government has called on the Nile riparian states to negotiate a water-distribution agreement. “We recognise that the security of the Nile waters is a major strategic necessity for Egypt,” a UK Foreign and Commonwealth (FCO) spokesperson told Ahram Online. Dr Eassam El-Haddad, Egypt's assistant presidential advisor for external relations and international cooperation, raised the Egypt-Ethiopia Nile water dispute at discussions with British officials in London recently. El-Haddad was quoted as saying he'd asked UK Foreign Minister William Hague “to help solve the Nile water problem in way which serves all countries' interests.” He added that the UK could play an important...
(Ethiopian Radio and Television Agency 06/10/13)
Prime Minister Hailemariam Desalegn has urged the National Movement against Human Trafficking to reinforce its effort to end human trafficking. The Premier made the remark on Saturday while addressing a public forum organized to prevent human trafficking at Millennium Hall. He said it is becoming difficult to control the flow of citizens to neighboring and Middle East countries in search of jobs before making use of domestic job opportunities. He stated that the nation has been registering consecutive speedy economic growth over the last decade. However, since the poverty in the nation is not fully addressed, citizens are exposed to human trafficking, he said. According to Hailemariam the role of illegal brokers worsens the situation in smuggling citizens to neighboring...
(Business Week 06/10/13)
Allana Potash Corp. (AAA), the Canadian developer of a $642 million potash mine in Ethiopia, says predictions of a global oversupply of the crop nutrient are overblown because competing projects are being put on hold. World potash production capacity will rise 38 percent to 96.5 million metric tons by 2017, while demand will increase 26 percent to 66 million tons, according to Green Markets, a fertilizer industry information provider. Supply forecasts include mines that aren’t yet in production and may be shelved or canceled because of rising construction costs, said Farhad Abasov, Toronto-based Allana’s chief executive officer. “On paper it seems like there is quite a bit of supply coming on line,” Abasov said in a May 28 telephone interview...
(Reuters (Eng) 06/10/13)
CAIRO (Reuters) - Egypt's foreign minister, vowing not to give up "a single drop of water from the Nile", said on Sunday he would go to Addis Ababa to discuss a giant dam that Ethiopia has begun building in defiance of Cairo's objections. Speaking to Egypt's state news agency MENA two days after the Ethiopian government flatly rejected a request from Cairo to halt the project, Mohamed Kamel Amr said Egyptians view any obstacle to the river's flow as a threat to national survival. "No Nile - no Egypt," he said, highlighting the pressure on the Egyptian government, whose popularity is wilting in the face of economic troubles, to prevent the hydro power plant cutting already stretched water supplies for...
(New Business Ethiopia 06/10/13)
The Ethiopian Airports Enterprise (EAE) says it is undertaking upgrading of airport facilities by investing a total cost of some 1.6 billion birr (84 million US dollars at the prevailing exchange rate). The Addis Ababa Bole International Apron construction work undertaken by the China Road and Building Construction Company (CRBC) at a total cost of 1.2 billion birr is the largest of the four projects, which will be inaugurated in the coming few months, according to Wondim Teklu Public Relations Head at EAE. The project was started in December 30, 2010, with its consulting company being the Transport Construction Design Share Company (TCD), with inauguration date slated for this month. The enterprise expects the apron’s airplane handling capacity to rise...
(AFP (eng) 06/10/13)
Ethiopia won 2-1 in Botswana Saturday to stay two points ahead of fancied South Africa in a thrilling Group A race for World Cup survival. A couple of first-half goals for leading scorers Getaneh Kebede and Saladin Ahmed put bottom seeds Ethiopia in control before Tebogo Sembowa pulled one back in Lobatse. South Africa triumphed 3-0 over Central African Republic in a clash of injury depleted sides in Yaounde, with the match moved to Cameroon because Bangui was considered unsafe. Bernard Parker and Siphiwe Tshabalala scored during the opening half on an artificial surface and leading South African 2012-2013 league scorer Katlego Mashego added a third during stoppage time. But Bafana Bafana (The Boys) celebrations of a rare competitive win...

Pages