Sunday 18 February 2018
(AfricaNews 09/18/17)
Somalia’s parliament, the House of the People, has instituted a body to investigate the government’s decision to handover a Somali national to neighbouring Ethiopia. Their position was contained in a press release issued on Monday September 18, 2017 from the office of the Speaker of the House. It comprises 15 persons whose mandate is to report back on the circumstances surrounding the handover. Mogadishu’s detention and subsequent transfer of Mr. Abdikarin Sheikh Muse of the Ogaden National Liberation Front (ONLF) to Ethiopia in August 2017 sparked outrage in the country. The action has been described as a breach of Somali and international laws – which decries refoulement. The Somali government has forcefully transferred a political refugee to Ethiopia which is...
(The Guardian 09/18/17)
Anna Jones says that, through selling its cocoa cheaply, Africa is exporting its wealth overseas; while Sue Banford claims that the soya moratorium in the Amazon has done nothing to halt deforestation. Only the final paragraph in your article on cocoa farming causing deforestation in Ivory Coast (Forests pay price for world’s taste for cocoa, 14 September) mentioned the most fundamental thing – the farmer’s livelihood, or lack of it. The low value of his (or more likely her) crop is undoubtedly the cause of this problem. But cocoa farming could also provide the solution. Recently, I was in Ivory Coast for the African Green Revolution Forum (AGRF) in Abidjan. It united many different parties – governments, the UN’s Food...
(Bloomberg 09/15/17)
Ethiopia is considering finding a new partner to develop a potash mine abandoned last year by Israel Chemicals Ltd., which has sought compensation at an arbitration court after accusing the government of failing to support the project. Several companies are interested in developing potash deposits in the country’s northeastern Afar region, Mines Minister Motuma Mekassa said in an interview Wednesday in the capital, Addis Ababa. The government is eager to begin work on the project as long as there are no legal hindrances from the arbitration process currently under way in The Hague, though no discussions with prospective investors have taken place yet, he said. “If the legal procedures allow us, we won’t wait for the decision of the arbitration...
(Xinhuanet 09/15/17)
Ethiopia received 72,890 refugees in the first eight months of 2017 ending August 31, according to the United Nations High Commission for Refugees (UNHCR). Speaking to Xinhua on Friday, Kisut Gebreegziabher, Assistant Communications Officer at UNHCR Ethiopia said the largest group of refugees come from South Sudan at 44,000 followed by Eritreans at 17,000 and Somalis at over 6,400. "Refugees from South Sudan fled to Ethiopia to escape civil war, Eritrean refugees mentioned indefinite military conscription and human rights violations for their flight while Somalis mentioned a combination of conflict and drought for fleeing to Ethiopia" he added. The 72,890 refugees recorded in Ethiopia in the first eight months of 2017 have pushed the number of refugees living in Ethiopia...
(Xinhuanet 09/15/17)
Sherry Zhang, the General Manager of Huajin shoe making factory, is a zealous Chinese investor with a determination to expand job opportunities for Ethiopia's skilled youthful population. In the next five years, her firm that is located in Ethiopia capital Addis Ababa's Eastern Industrial Zone will be prospecting 100,000 jobs for the locals. "We currently have 4,200 employees and next year we expect to increase the number to 6,000," Sherry told Xinhua during a recent tour to the factory. "But our plan is to increase the workforce to 100,000 in the next five years," she added. Ethiopia, an Eastern Africa country with 102 million people has a lower unemployment rate than neighboring Kenya based on the 2017 Human Development Index...
(Bloomberg 09/15/17)
Societe Generale SA, challenged on its home turf by Orange SA’s push into banking, is fighting back with a new mobile lender in Africa. The French lender started YUP, a new app for smartphones, in Senegal and Ivory Coast and plans to begin operating in four other sub-Saharan countries this year and next, the company said on Thursday. The bank aims to double its client base to 2 million in the region within three years. “Telcos have opened the way and they’ve gotten ahead,” Alexandre Maymat, who oversees Societe Generale’s operations in French-speaking Africa, said at a press briefing. “We’re catching up” by redefining the retail strategy and providing a broader offering than telephone companies. Chief Executive Officer Frederic Oudea...
(Voice of America 09/14/17)
WASHINGTON — At least 32 people have been killed in clashes across Ethiopia's Oromia and Somali regions following clashes between rival ethnic Somali and Oromo forces, a former Ethiopian lawmaker said. Speaking to VOA Somali Service, Boqor Ali Omar Allale said at least 32 ethnic Somalis, including his younger brother, were killed on Monday night in Awaday, a small town between Ethiopia's most holy Muslim town of Harar and its big eastern city of Dire Dawa. "They were innocent business people sleeping with their children and spouses. They were attacked in their homes and most of them beheaded. Based on the number of burial spaces arranged, we have at least 32 deaths, including my younger" brother, Allale told VOA Somali...
(Addis Fortune 09/13/17)
All the banks were required to pay aggregate of 15 million dollars to the Shipping Lines The National Bank of Ethiopia (NBE), the watch dog of financial institutions, directed all of the private banks to pay the 15 million dollars bill of the Ethiopian Shipping Logistics Services Enterprise (ESLSE) to Djibouti’s company. The money will be used to pay the debt of the Enterprise for the port of Djibouti. The order comes amidst the shortage of foreign exchange throughout the country, which put businesses in a tight situation, and a decline in export earnings and remittance – which are the primary source of foreign currency. All of the financial institutions including a Commercial Bank of Ethiopia (CBE) sold the exchange...
(The Ethiopian Herald 09/13/17)
Being the mainstay of Ethiopia's largest population with about half of the national GDP, the agricultural sector is going through mixed trajectories. Last year, agricultural productivity has seen an 8.83 percent growth and this year it is estimated to persist on the upward growth. On the other hand, some areas have been languishing due to rainfall shortages over the past few years. The question then is, what does it take to tackle this discrepancy and transform the sector despite years of productivity boost and two years of difficult time due to El-Nino induced drought? What needs to be done to sustain the sector by reducing the heavy reliance on rain-fed cultivation is also another concern. Agriculture has long been the...
(APA 09/13/17)
Dangote Cement PLC earned over $85.8 million in revenue from its Ethiopia plant in the concluded Ethiopian Fiscal Year that ended on July 8. Sales and marketing deputy manager at the company Tariku Alemayehu told journalists on Wednesday that majority of the revenue was secured from the export of more than 2 million tonnes of cement to neighboring countries. More than $1 million of the total income was obtained from the export to Kenya and Djibouti, he said. Dangote’s Ethiopia plant is the second top earner of all the plants controlled by Africa's richest man, Aliko Dangote, next to his plant in Nigeria, he said As part of the efforts to boost its income, the company recently built cement-bag manufacturing...
(The Ethiopian Herald 09/13/17)
African Ministerial Council on Meteorology (AMCOMET), Africa Hydromet Forum 2017 aims to improve the capability of national hydrology and meteorology and services of African countries to provide accurate weather and climate services that meet the needs of end users in various sectors. The Forum is also set bring together technical as well as ministerial participants to provide guidance on how existing weather, water and climate information strategies and programs can be strengthened to help promote sustainable development. Opening a four day forum at the African Union Conference Hall yesterday, Dr. Seleshi Bekele, Ministry of Water, Irrigation and Electricity said climate and disaster risk are threatening Africa’s development gains that impact 10 million people on average every year since 1970. “Through...
(Xinhuanet 09/13/17)
In an effort to promote economic development and solve complex conservation challenges facing world heritage sites, the African World Heritage Fund Patron and former President of Namibia Hifikepunye Pohamba will host a business leader's breakfast event in Namibian Capital, Windhoek on Thursday. The African World Heritage Fund is an initiative of the African Member States of the African Union and UNESCO, launched in 2006. Webber Ndoro, executive director of the African World Heritage Fund, at a media briefing on Tuesday in Windhoek said that the aim of the event is to promote a holistic private sector engagement, raise a sense of ownership and accountability for heritage protection as well as transmission of World Heritage sites in Namibia and Africa. "To...
(Reuters (Eng) 09/12/17)
Olympic boxing’s governing body, AIBA, has banned African confederation head Kelani Bayor for three years for allegedly provoking the crowd at the continental championships in Brazzaville last June. Bayor is an AIBA vice-president and executive committee member as well as chairman of Togo’s national Olympic committee. “The Disciplinary Commission found that a hostile and threatening reaction to AIBA officials by spectators after the result of a bout on the last day of the competition was exacerbated by comments from Mr Bayor,” AIBA said in a statement on Monday. It found Bayor had “committed serious and unacceptable violations of the AIBA Disciplinary Code” at the tournament in Congo Republic. AIBA said the ban was from all boxing activities and responsibilities and...
(APA 09/11/17)
Distressed Nigeria’s Arik Air has filed a US$56 million suit against the government of Nigeria and Ethiopian Airlines over recent claims that they were negotiating the takeover of the airline. The suit was instituted by the airline at the Federal High Court, Lagos, against Ethiopian Airlines, the Federal Ministry of Transportation and the Attorney General of the Federation. The suit was filed by Babajide Koku, Chukwuemeka Nwigwe and Ezinne Emedom on behalf of Arik Air, which is currently under receivership and being managed by the Assets Management Company of Nigeria (AMCON). In its statement of claim supported by a 20-paragraph affidavit deposed to by Chris Ndulue, a director with Arik Air, the plaintiff asked the court to restrain the first...
(Bloomberg 09/11/17)
The South African companies that dominate the U.K.’s growing private hospital industry are counting on more people like Katie Corrie. A children’s party entertainer, Corrie opted to use 13,000 pounds ($17,000) of her savings and inheritance to get a hip replacement rather than spend months on a National Health Service waiting list. Britons like her are forking out almost 1 billion pounds a year to cover their own medical expenses, a trend that’s giving at least one industry the scope to look past Brexit turmoil. “Even if I hadn’t had the money put aside, I would have found a way to pay for it,” said Corrie, 50, who estimates the business she runs with her husband would have lost 10,000...
(APA 09/08/17)
Deprivation and marginalization, underpinned by weak governance, are primary forces driving young Africans into violent extremism, according to a comprehensive new study by the United Nations Development Programme (UNDP), the first study of its kind. Based on interviews with 495 voluntary recruits to extremist organizations such as Al-Shabaab and Boko Haram, the new study also found that it is often perceived state violence or abuse of power that provides the final tipping point for the decision to join an extremist group. “Journey to Extremism in Africa: Drivers, Incentives and the Tipping Point for Recruitment” presents the results of a two-year UNDP Africa study on recruitment in the most prominent extremist groups in Africa. The study reveals a picture of a...
(APA 09/07/17)
APA’s correspondents have reported learning of the deaths of as many as 56 pilgrims from countries across the world, during the 2017 Hajj in Saudi Arabia. Our correspondent in Ethiopia reported the death from food poisoning of an Ethiopian pilgrim. Hamid Tahir was with his mother and new bride attending the 2017 Hajj, and he died at a hospital in Mecca, APA learned on Wednesday from his family in Addis Ababa. His mother and wife were informed of his death four days later by doctors, who waited for the pilgrims to finish their prayers. The body of Hamid Tahir was laid to rest in Saudi Arabia on the same day, APA learned. Hamid had been working at the Ethiopian Broadcasting...
(Bloomberg 09/07/17)
African Rainbow Minerals Ltd., the miner chaired by South Africa’s richest black businessman, will pay a record dividend this year as rising iron-ore and manganese prices boosted earnings at its ferrous unit. ARM will pay investors 6.50 rand a share, almost triple that of the previous year, and its 11th consecutive dividend, the Johannesburg-based company said in a statement Thursday. The company benefited from a 45 percent increase in prices received for exported iron ore and 93 percent more for its manganese. While ARM is “confident in the long-term outlook for commodities,” the company said prices will “remain volatile” this year. The rand, in which ARM pays most of its costs, has strengthened against the dollar this year, reducing earnings...
(Xinhuanet 09/06/17)
Ethiopia has established five gold trading centers as it seeks to boost its export income from the mining sector. Speaking to Xinhua on Tuesday, Kiros Alemayehu, Public Relations Senior Expert at the Ethiopian Ministry of Mines, Petroleum and Natural Gas (EMPNG), said the establishment of the centers will help cut inefficient bureaucracy in gold trading. The ministry also hopes the establishment of gold trading centers will cut contraband gold trading which Ethiopia says has contributed to decline in exports in recent years. The gold trading centers were established in Oromia, Southern, Tigray, Benishangul Gumuz and Gambella regional states. "With the establishment of the five gold trading centers, we hope Ethiopia's minerals export revenue target of 450 million U.S. dollars will...
(The Associated Press 09/06/17)
Men, women and children in this remote region of Ethiopia scramble to receive food aid and feed their rail-thin cattle as a huge cloud of dust rises into a sky that hasn’t delivered enough rain for the past three years. The mass feeding program, managed by aid groups in this sun-scorched district, is the last attempt to save the lives of humans and animals until the rains hopefully materialize in mid-September. More than eight million people in drought-hit southeastern and southern Ethiopia are in need of emergency food assistance, officials said as the heads of the World Food Program, Food and Agriculture Organization and International Fund for Agricultural Development made a rare joint visit over the weekend. Despite economic growth...

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