News and Events

  • Bishoftu Automotive Industry announced plans to establish 27 new automotive engineering zones across Ethiopia


    Bishoftu Automotive Industry announced plans to establish 27 new automotive engineering zones across Ethiopia the in the coming years, Ethiopian Herald reported.

    General Manager of Bishoftu Automotive Industry Gebremedhin Zeselassie said the Industry is planning to open 27 automotive engineering zones that will be assembling and manufacturing motorcycles, bicycles, light and heavy trucks and other vehicles in different parts of Ethiopia.

    Along with assembling and manufacturing different civil and military vehicles, the Industry is providing professional training in neighboring countries, Gebremedhin added.

    The Industry assembles and manufactures pick-up, station-wagon, light and medium trucks, minibus and buses.

    Bishoftu has already signed an agreement with Uganda, Kenya and Rwanda to build motor production factories. Kenya has also placed orders to purchase 400 buses from Bishoftu.

    Source: Ethiopian Herald

    Read more »
  • Dev’t partners evaluate Ethiopia’s PBS program as satisfying


     International development partners said they have worked closely with the government during the past ten years to make Ethiopia's Promoting Basic Services (PBS) program a success

    The Ministry of Finance and Economic Cooperation, MPs, regional states and international financers reviewed the 6th month performance of the third phase of the program today.

    The objective of the third phase is to expand access and improving the quality of basic services.

    The review meeting evaluated the supports provided by the development partners to improve access to potable water, health and education as encouraging.

    Finance and Economic Cooperation State Minister, Ahmed Shide, on the occasion said the programs carried out to provide basic needs during the past years in Ethiopia have brought about tangible economic changes.

    The government will continue working closely with development partners, he added.

    The European Union (EU) Operations Head in Ethiopia, Francisco Carreras Sequeros, also evaluated the Ethiopia’s PBS program as satisfying.

    Hence, EU will consolidate its support to the government, he added.

    The European Union (EU), the Department for International Development (DFID), the African Development Bank (AfDB), including the Word Bank (WB), have provided 6.3 billion US dollars for the program.

    PBS, which was launched ten years ago, will be revised as of next year and ends in 2018.

    Read more »
  • Gov’t could go up to delaying projects if drought’s scale increases: GCAO

     The government of Ethiopia said it has so far spent 6 billion birr to prevent the effect of the El Nino caused drought on people. Government Communication Affairs Office Minister, Getachew Reda, made the remark here today at a press briefing on the drought that hit some parts of the country. The government has been undertaking board activities to avert death of a single individual from the El Nino-induced drought, he said. The government has so far spent 6 billion birr to provide emergency food assistance to people affected by the drought, he stated.

    In addition to the distribution of relief food, the government is monitoring whether the people are getting a daily average calorie needs of a person or not, he said.

    Read more »
  • PM Hailemariam awards researchers, innovators

    Prime Minister Hailemariam Desalegn has awarded 278 individuals in recognition of their outstanding performance in science, math, research and innovation.

    The Premier presented the awards to the winners at the 6th science, technology and innovation award ceremony held at the African Union Conference Center today.

    “Since and technology significantly assist Ethiopia's efforts to reach middle income status,” PM Hailemariam said after handing over the awards to the winners.

    Taking into account their role for development, the government is providing the necessary support for science and technology, including integrating them with the education system, he said.

    The Premier indicated that centers that help students improve their innovation works and culture will be established in addition to preparing a national technology roadmap consisting of 18 key technologies.

    Science and Technology Minister, Abiy Ahmed, said science and technology are vital to attain Ethiopia’s target of shifting from agricultural led economy to the industrial one.

    Some 60 percent of the award winners are females, it was noted.

    source FBC


    Read more »
  • First Paris attacker identified

    One of the seven attackers who killed 129 people and wounded 350 in Paris has been identified, as the French police investigation picks up pace.

    The attacker was named as Omar Ismail Mostefai, a 29-year-old French citizen of Algerian origin. Six people close to him were reportedly taken into custody on Saturday morning.

    Police also say they have found a black Seat car they suspect was used to attack two restaurants.

    France is in three days of mourning.

    A special service for the families of the victims and survivors will be held at Paris's Notre Dame Cathedral later on Sunday.

    Friday's attacks, claimed by Islamic State (IS) militants, hit a concert hall, a major stadium, restaurants and bars in the French capital.

    Prime Minister Manuel Valls has said France will continue with air strikes against IS in Syria, and described the group as a very well-organised enemy.

    President Francois Hollande has cancelled his plans to attend the G20 in Turkey and is holding meetings with various political leaders to discuss the crisis.

    Source: BBC

    Read more »