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Addis Ababa

Thousands of Prisoners Freed for New Year

published 144 days, 14 hours, 41 minutes ago posted by

admin 144 days, 14 hours, 44 minutes ago

Addis Ababa — The Ethiopian federal and a regional government announced over the weekend the release and pardon of over 8,000 inmates as the horn of Africa's country celebrates its entry into the new year of 2004. Ethiopia is unique in that it follows the Julian calendar, which is eight years behind the Gregorian calendar adopted my most of the world. Approved by Ethiopian president, Girma Weldegiorgis, the federal government of Ethiopia has released 2,620 inmates on pardon as the East African country ... (more)

Digg It category: Fun | comment | | source: allafrica.com tags: Addis Ababa, ethiopia, new year, Tesfa-Alem Tekle

Ethiopia says eyes gas production in six years | News by Country | Reuters

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admin 184 days, 14 hours, 53 minutes ago

ADDIS ABABA, Aug 3 (Reuters) - Ethiopia, which has seen a surge in requests for exploration rights, hopes to produce gas from its huge and under-developed reserves in its Somali Region in six years time, an official said on Wednesday. Eleven companies have now been granted licences to develop 31 blocks out of 41 throughout the Horn of Africa nation, which believes its Ogaden basin in the ... (more)

Digg It category: Economy | comment | | source: af.reuters.com

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tags: Addis Ababa, Ketsela Tadesse, news about ethiopia, Ogaden, Oil

World Bank loans Ethiopia $150 mln for governance

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admin 211 days, 12 hours, 16 minutes ago

he World Bank has loaned Ethiopia $150 million to improve governance in the Horn of Africa nation's urban centres, the U.S.-based body said on Wednesday. Eighteen cities will receive support to prepare them for future investment financing, a scheme that would benefit 2.8 million people in the country, the bank said in a statement. "The new loan will scale up the support provided for performance improvement in the planning, delivery, and sustained provision of priority municipal services and infrastruct... (more)

Digg It category: Economy | comment | | source: af.reuters.com

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tags: Addis Ababa, Bank, news about ethiopia, World Bank

Egyptian Minister - Tharir Square Leads to Nile Policy Change

published 232 days, 13 hours, 34 minutes ago posted by

admin 232 days, 13 hours, 34 minutes ago

In his opening words at a press conference during the annual meeting of the board of directors of the African Development Bank (AfDB) in Lisbon last week, Gouda Abdel-Khalek (PhD), Egypt's new minister of Solidarity and Social Justice, expressed a desire to speak from his "heart" as much as from his "mind." True to his words, he spoke candidly and eloquently about the historical mistakes his country has made in advancing its f... (more)

Digg It category: Politics | comment | | source: allafrica.com tags: Addis Ababa, addis fortune, news about ethiopia, Nile, Tamrat G. Giorgis

Official: Ethiopia inks $100 million deal to purchase more than 200 Ukrainian tanks

published 232 days, 13 hours, 34 minutes ago posted by

admin 232 days, 13 hours, 38 minutes ago

Ethiopia’s government has signed a deal to buy more than 200 tanks at a cost of $100 million from Ukraine’s state-owned military hardware export firm Ukrspetsexport, a Ukrainian official said on June 10. Media in Ukraine, which has exported in the order of $1 billion of arms annually in recent years and mostly to developing countries, said the subject of the deal could be Soviet-designed T-72 tanks. “The deal was signed three days ago. It is one of the biggest deals for the past 15 years,” said the... (more)

Digg It category: Politics | 1 comment | | source: www.kyivpost.com tags: Addis Ababa, eprdf, ethiopia, news about ethiopia

Ethiopia inflation climbs to 34.7 pct yr/yr in May

published 234 days, 12 hours, 35 minutes ago posted by

admin 234 days, 12 hours, 37 minutes ago

Ethiopia's year-on-year rate of inflation jumped to 34.7 percent in May from 29.5 percent a month earlier, driven by a sharp rise in food prices, official data showed on Tuesday. Food prices rose 40.7 percent during the 12 months to the end of May, while the cost of tobacco increased 39.7 percent and clothing and footwear prices were up 34 percent, the Central Statistical Agency said in a statement. (more)

Digg It category: Economy | comment | | source: af.reuters.com tags: Addis Ababa, economy, ethiopia, Food, inflation

IMF says Ethiopia economy to slow in 2011/12

published 243 days, 20 hours, 14 minutes ago posted by

admin 243 days, 20 hours, 15 minutes ago

Jun 1 (Reuters) - * 2011/12 growth seen at 6 pct vs 7.5 pct this year Annual inflation leapt to nearly 30 pct in April (Adds details, background) ADDIS ABABA, June 1 (Reuters) - Ethiopia's economic growth will slow to about 6 percent in the 2011/12 fiscal year due to high inflation, restrictions on private bank lending and a trickier business environment, the International Monetary Fund said. "The principal macroeconomic challenge is su... (more)

Digg It category: Economy | comment | | source: af.reuters.com tags: Addis Ababa, Bank, economy, ethiopia, IMF

Super Eagles Held in Ethiopia 2-2

published 243 days, 20 hours, 14 minutes ago posted by

admin 243 days, 20 hours, 18 minutes ago

Four days after upsetting Argentina 4-1 in an international friendly, Nigeria's Super Eagles were brought crashing down to earth when they could only manage a 2-2 with Ethiopia in a more important Africa Cup of Nations qualifier on Sunday. Following their stunning win over the South Americans, the Super Eagles arrived Addis Ababa as overwhelming favourites to collect maximum points and impose their will on Group B. But they faced a stubborn Ethiopian side... (more)

Digg It category: Sport | comment | | source: allafrica.com tags: Addis Ababa, ethiopia, nigeria, sport, Tunde Sulaiman

allAfrica.com: Ethiopia: Automotive Trade Fair Opens With New Locally Assembled Geely Addis Cars

published 248 days, 23 hours, 33 minutes ago posted by

admin 248 days, 23 hours, 45 minutes ago

The International Automotive & Industrial Engineering Trade Fair opened on Wednesday, May 25, 2011, at the Addis Abeba Exhibition Centre. The trade fair, which has become an annual fixture for showcasing the latest trends in the automotive sector, integrated industrial engineering as a component in the event that was themed, “Scan globally, renovate locally.” This 1927 Mercedes replica was imported by Adika Tour and Travel Plc f... (more)

Digg It category: Business | comment | | source: allafrica.com tags: Addis Ababa, addis fortune, business opportunity, ethiopia, Workineh Zewdie

Protesters Absent as Ethiopia Marks Anniversary of Meles Rule

published 250 days, 11 hours, 49 minutes ago posted by

admin 250 days, 11 hours, 52 minutes ago

Tens of thousands of Ethiopians have turned out in Addis Ababa’s main square to mark Prime Minister Meles Zenawi’s 20th anniversary in power. A “day of rage” counterdemonstration planned by democracy activists failed to materialize. The turnout at Addis Ababa’s Meskel Square was a fraction of the one million predicted. And with thunder clouds hanging overhead, a scheduled four-hour event was cut in half. Prime Minister Meles Zenawi’s nationally televised anniversary address lasted little more than fi... (more)

Digg It category: Politics | comment | | source: www.voanews.com tags: Addis Ababa, addis ababa in ethiopia, eprdf, Ethiopian news, news about ethiopia

Awramba Times » Ethiopia inflation rises to 14.5 pct in December

published 254 days, 12 hours, 54 minutes ago posted by

admin 254 days, 12 hours, 54 minutes ago

ADDIS ABABA Jan 14 (Reuters) – Ethiopia’s annual inflation jumped to 14.5 percent last month from 10.2 percent in November after a steep rise in food and non-food prices caused in part by two currency devaluations in less than 12 months. The Central Statistics Agency (CSA) said non-food inflation in Africa’s most populous nation after Nigeria rose to 22.9 percent last month from 16.7 percent the month before. Food prices rose 8.9 percent from 5.8 percent previously. After soaring in 2008 and 2009, Ethi... (more)

Digg It category: Economy | comment | | source: awramba.com tags: Addis Ababa, business, Ethiopian news, inflation

Addis Abeba Developing New Land Grading System

published 276 days, 13 hours, 32 minutes ago posted by

admin 276 days, 13 hours, 33 minutes ago

The Addis Abeba City Administration has completed the first phase of a study to determine appropriate standard benchmarks on land lease prices and the valuation of property in the city. Upon the request of the Land Administration and Building Permit Authority of the city administration, the development of a new land grading system was undertaken by the Ethiopian Institute of Architecture, Building Construction and City Development (EiABC) at A... (more)

Digg It category: Business | comment | | source: allafrica.com tags: Addis Ababa, addis fortune, business, news about ethiopia

Ethiopia Hijacked Press Freedom Day Conference

published 276 days, 13 hours, 32 minutes ago posted by

admin 276 days, 13 hours, 45 minutes ago

An Ethiopian observance of World Press Freedom Day was marred Tuesday by a walkout of independent journalists after a dispute with a rival group of state-run media employees. It was organized as a conference on critical topics of interest to Ethiopian journalists. But before the meeting began, staff members of Addis Ababa’s private newspapers were grumbling that the discussions were being hijacked. They said representatives of private media were far outnumbered by those from Ethiopia’s numerous stat... (more)

Digg It category: Politics | comment | | source: www.voanews.com tags: Addis Ababa, ethiopia, Ethiopian Media, Ethiopian Press

La Nina threatens 2 million Ethiopians with drought

published 278 days, 11 hours, 14 minutes ago posted by

admin 278 days, 11 hours, 39 minutes ago

More than two million Ethiopians are in need of food aid due to drought caused by one of the worst La Nina weather phenomenon in a decade, the United Nations said. Skip related content La Nina, which was blamed for Australia's floods this year, is an abnormal cooling of waters in the Pacific Ocean that wreaks havoc with weather patterns across the Asia-Pacific region, and has brought poor rains to the Horn of Africa. The U.N. humanitarian affairs office (UNOCHA) said the March-May rainy season had larg... (more)

Digg It category: Business | comment | | source: uk.news.yahoo.com tags: Addis Ababa, ethiopia, Food, food aid, la nina

Ethiopian Minister Rules Out Permission to Egypt to Visit Nile Dam Site

published 289 days, 13 hours, 6 minutes ago posted by

admin 289 days, 13 hours, 6 minutes ago

Ethiopian water minister says that his country neither informed Egypt about its plans to construct Nile Dam nor discussed the issue with that country despite fears that the issue could spark a war between both. Meanwhile, work on the 5,250-MW Renaissance Dam has already started, which has angered Egypt further. Egypt has always opposed any construction on the Nile River, on which it claims sole authority as a result of colonial era treaties, which gave Egypt right to about 86 percent of the waters origin... (more)

Digg It category: Politics | comment | | source: www.borglobe.com tags: Addis Ababa, egypt, ethiopia, Meles Zenawi, Nile, Nile River

Mesfin Industrial to Assemble 'Addis' Sedans

published 289 days, 13 hours, 6 minutes ago posted by

admin 289 days, 13 hours, 14 minutes ago

Mesfin Industrial Engineering Plc is set to embark on assembling sedan automobiles over the next two months with the launch of its assembly car, called "Addis," in collaboration with Geely International Co, a China based manufacturer of Geely cars. Mesfin Industrial Engineering, which was founded in September 1993, recently started exporting semitrailer fuel tankers with a 45,000-litre capacity and cost of around 48,000 doll... (more)

Digg It category: Business | comment | | source: allafrica.com tags: addis, Addis Ababa, addis fortune, business, Elias Gebreselassie, Mesfin Industrial Engineering

TEDxAddis Bruktawit Tigabu The purpose of education

published 295 days, 12 hours, 55 minutes ago posted by

admin 295 days, 12 hours, 57 minutes ago

TEDxTalks 5,684 videos SubscribeSubscribedSign In or Sign Up now! Loading... You need Adobe Flash Player to watch this video. Download it from Adobe. Upgrade to Flash Player 10 for improved playback performance. Upgrade Now or More Info. closeLikeAdd toShare Loading... Sign In or Sign Up now! This feature is not available right now. Please try again later. Link to this video: Email this videoEmbedFacebookTwitterBuzzorkuttumblr.BloggerMyspacehi5BeboStumbleUpon sh... (more)

Digg It category: Fun | comment | | source: www.youtube.com tags: Addis Ababa, Bruktawit Tigabu, ethiopia, news about ethiopia, tedxaddis

Egyptian fears over new dam 'groundless'

published 321 days, 11 hours ago posted by

admin 321 days, 11 hours, 16 minutes ago

The Ethiopian government has downplayed the effect that a dam it is planning to build near the Sudanese border could have on lower Nile riparian sates, Egypt and Sudan. Addis Ababa has qualified fears expressed by Egyptian officials as “unsubstantiated”. Reports from Egypt have indicated that the north African country is alarmed over Ethiopian plans to construct more hydroelectric dams, including a planned power plant at Benishangul state. Cairo fears that a cumulative effect could translate into much l... (more)

Digg It category: Politics | comment | | source: www.afrik-news.com tags: Addis Ababa, egypt, Electric Power, news about ethiopia, Nile, Nile River, Sudan

Virtual ICT City Under Construction

published 324 days, 12 hours, 48 minutes ago posted by

admin 324 days, 13 hours, 7 minutes ago

Construction of Ethiopia's first Information and Communications Technology (ICT) Park, under the supervision of the Ministry of Communications and Information Technology (MoCIT), has begun. During the first phase, an IT business incubation building, administration and data centres, as well as an MoCIT building is being constructed at an estimated cost of one billion Birr, on 70ht of the total 200ht allotted for the par, located in an area known ... (more)

Digg It category: Business | comment | | source: allafrica.com tags: Addis Ababa, EICTDA, ethiopia, Information Park, MoCIT, news about ethiopia

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