Friday, July 9, 2010

Ethiopia, Djibouti Customs to Share Port Database

July 8, 2010 -- Revenue and Customs Authority of Ethiopia (RCuA) is going interface its database with Djibouti Customs Office, reports Capital. This is meant to better manage and control incoming and outgoing goods of the country, according to the news report.

The authority negotiated with their counterpart of Djibouti and reached an agreement to interface their database to supply detailed information about incoming and outgoing goods in Ethiopia, according to sources at the authority.

Read More: Ethiopia, Djibouti Customs to Share Port Database

Ethiopia Pledges Fair Use of Nile Waters

July 8, 2010 – Ethiopia has reassured Egypt that a new pact it signed with four other countries on the sharing of water from the River Nile will not harm Egypt, reports AFP.

Ethiopia, Kenya, Rwanda, Tanzania and Uganda in May signed the Nile Basin Cooperative Framework meant to replace a 1959 accord between Egyptand Sudan that gives them control of more than 90 percent of the water flow.

Read More: Ethiopia Pledges Fair Use of Nile Waters

Sunday, June 27, 2010

Agreement with ONLF Will Speed Development - Ethiopian Official

June 26, 2010 - The agreement reached by the Ogaden National Liberation Front (ONLF) and the United Western Somali Liberation Front (UWSLF) to accept and operate under the national constitution would help speed up the on-going development in Somali State, says Abay Tsehaye, according ENA.

Abay Tsehaye, Security and Intelligence Advisor to the Prime Minister, said the decision made by the ONLF and UWSLF to renounce forceful means and pursue legal and peaceful path would help speed up development in the region.

Read More: Agreement with ONLF Will Speed Development - Ethiopian Official

Ethiopia: German Company to Raise $120m for Wind Power

June 26, 2010 -- A German company, Deutsche Unternehmensfinanzierung, will raise USD 120 million for the financing of the Aysha wind farm project, reports Ethiopian Reporter. Citing company manager, Philipp Schuller, the report says the company will facilitate the financing of the pilot project of the wind farm project which will involve the installation of 60 wind turbines with an aggregate power production capacity of 60MW.

Read More: Ethiopia: German Company to Raise $120m for Wind Power

France Grants Ethiopia 5.4 Million Euros to Manage Waste

June 25, 2010 -- Ethiopia and the French Development Agency (AFD) signed here on Friday a 5.4 Million Euros grant agreement in support of solid waste management system in Addis Ababa, reports ENA.

The agreement would also help modernize the Addis Ababa Sanitation Management System.

Read More: France Grants Ethiopia 5.4 Million Euros to Manage Waste

ONLF Faction to Lay Down Arms

June 24, 2010 – A faction of ONLF, Ethiopia's most active rebel groups seeking a separate state in the west of the country, has agreed to lay down its arms, a government minister said Thursday, according to AFP.

The faction of the Ogaden National Liberation Front (ONLF), which is seeking independence for the Ogaden territory, reached the deal in talks in Germany, officials said.

Read More: ONLF Faction to Lay Down Arms

Ethiopian Diaspora Business Forum to be held in Washington DC

June 24, 2010 - The Ethiopian American in association with USAID VEGA AGOA Plus announced today that the 5th Ethiopian Diaspora business forum and exhibition will be held on July 10 and 11, 2010 in Washington DC, according to WIC.

In a press release, the Ethiopian American LLC disclosed the forum and exhibition is designed to building and expand a lasting business and trade links between indigenous Ethiopian and Diaspora businesses.

Read More: Ethiopian Diaspora Business Forum to be held in Washington DC