News in Brief




INVESTMENT

Three Billion Birr Investments Underway in Jijiga Town

Investors with three billion Birr combined capital were licenced to engage in various investment sectors in Jijiga town during the past two years. The investors were licenced to operate in the areas of: real-estate, agriculture, industry, hospitality and animal resources, according to Sultan Mohammed, deputy mayor of Jijiga town. According to Sultan, the majority of investors are natives of the region residing aboard as well as residents of the regional state. The investment activities have created job opportunities for 6,400 dwellers of the town, he indicated.

Publication: The Ethiopian Herald, Wednesday, April 03, 2013.

BI- LATERAL AGREEMENT

Ethiopia, South Africa Hold Third Joint Ministerial Commission Meeting

The third Ethiopia-South Africa Joint Ministerial Commission Meeting has been held in Durban, South Africa, the Ministry of Foreign Affairs said. The session discussed ways of strengthening existing relations between Ethiopia and South Africa. The two countries signed bilateral agreements enabling them to reinforce cooperation in political, economic and social sectors. The Ethiopian delegation was led by the country’s Foreign Affairs Minister, Tewodros Adhanom (PhD).

Publication: Addis Zemen, Wednesday, April 03, 2013.

TOURISM

Bale Mountains Earns 355,790 Br

National Park of Oromia collected 355,790 Br from 2,600 tourists,who visited the area in the first two quarters of this fiscal year. The amount for the two quarters is double of the revenue made same period last year. Out of the total tourists, 1, 360 are foreign tourists from Europe, Asia, the United States  and Africa. The Park, is a protected area of 2,200sqkm and is situated 400Km southeast of Addis Abeba. The area, which is home to high mountains, different wild animals and bird species, was nominated in 2009 to the World Heritage tentative list.

Publication: The Ethiopian Herald, Monday, April 01, 2013.

Hawassa to Host Culture, Tourism Festival

A nationwide culture and tourism festival as well as a culture industry week will be held in Hawassa town of Southern Regional State in April 2013 the Ministry of Culture & Tourism said. All states and two urban administrations will take part in the event organised for the 6th time in the country, according to Mulugeta Se’id, state minister for the Ministry of Culture & Tourism (MoCT).

Publication: The Ethiopian Herald, Sunday, March 31, 2013.

WATER

Safe Water Project Costing 96 Million Br Underway

The construction of safe water projects, which will be benefit 237,000 people, is underway in South Wollo Zone of Amhara Regional State at a cost of 96 million Br. The projects expected to go operational during the current fiscal year, will help to increase safe water service coverage in the zone to 94pc from the present 85pc. Efforts are also underway to enable over 2.5 million people get access to safe water service.

Publication: The Ethiopian Herald, Saturday, March 30, 2013.

EXPORT

Ethiopia Secures Two Billion Dollars from Exports

Ethiopia earned two billion dollars from export trade in the last eight months of the current fiscal year. The revenue was secured from agricultural produces, manufacturing and mining sectors, according to Amakele Yimam, Communication Directorate director at the Ministry of Trade (MoT). He said the revenue earned in the reported period exceeded the previous period by 4.7pc . However, it missed its projected target. Ethiopia set a plan to earn five billion dollars from export trade this fiscal year.

Publication: The Ethiopian Herald, Tuesday, April 02, 2013.

AGRICULTURE

Farmers Produce 1.6 million Quintals of Output

Close to 15,000 farmers in Guangua Wereda of Awi Zone in Amhara Regional State have harvested 1.6 million quintals of output from an area of 13,700ha developed through irrigation. The farmers cultivated different crops and vegetables, which have great market demand, according to Atsede Yehune, office irrigation development expert of the Wereda. The farmers have utilised over 300 water pump machines, fertilisers and select seeds to increase productivity in the first round of  irrigation development activity.

Publication: The Ethiopian Herald, Sunday, March 31, 2013.



Published on April 07, 2013 [ Vol 13 ,No 675]


SHARE :
               


Editorial

It was refreshing to see Berhanu Nega (Prof.), leader of an opposition...


Agenda

Ethiopia’s high potential to deliver animal skins to local and intern...


Fineline

The Revolutionary Democrats concluded their council...


Commentary

A country needs to develop effective methods of evaluating projects and...


Viewpoint

When we take a step back, we can see clearly how to advance. Change age...


Opinion

There seems to be an improvement on the macroeconomic side. The Ethiopi...


View From Arada

Following the olive branch afforded opposition parties by the ruling co...


Editors Pick
















MEMBERS' LOGIN


ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

 

SUBSCRIBE TO ADDISFORTUNE


//