Gov’t Beckons Investors to Bolster Housing Development Through Public Private Partnership


Addis Ababa: The government of Ethiopia reaffirmed commitment to work with the private companies in the construction sector through Public Private Partnership.

On a bright morning in the heart of Addis Ababa, the bustling city welcomed the inauguration of a remarkable housing project carried out by Gift Real Estate, a testament to the power of collaboration between the government and private entities.

Urban Development and Construction Minister Chaltu Sani, Deputy Mayor of Addis Ababa, Jantirar Abay, executives from Gift Real Estate and other invited guests were in attendance at the inaugural ceremony.

As the ceremony unfolded, Minister Chaltu Sani expressed government’s commitment to fostering growth, praising the city’s development strategies that seamlessly integrate progress and sustainability.

Chaltu highlighted the diverse development options being explored to support infrastructure and housing projects, nurturing the nation’s urban growth.

Her words resonated with the audience as she acknowledged
the pivotal role played by public-private partnerships, crediting Gift Real Estate as a shining example of such collaborations.

Recounting Gift Real Estate’s impressive track record, which includes the successful completion of two modern condominium housing projects, Chaltu expressed her confidence in the continued intensification of government-private sector efforts to address the pressing housing challenges faced by many Ethiopians.

In a clarion call to investors, both domestic and foreign, the minister vowed to strengthen the government’s support for companies engaged in the housing construction sector.

Her invitation was a resounding endorsement of the immense potential that lies in fostering a diverse and thriving real estate industry.

Addressing the challenges posed by rising construction material costs, Chaltu advocated for a two-pronged approach: bolstering local production capabilities and embracing modern technologies. Her pragmatic vision underscored the government’s commitment to overcoming ob
stacles and ensuring the sustainable growth of the construction sector.

As the ceremony drew to a close, Gift Real Estate’s CEO, Gebreyesus Igata, took the stage, his words brimming with pride. Introducing the company’s latest marvel, a 54,000-square-meter ultra-modern village in the Lemi Kura area, he recounted the success of their previous projects in Yeka and CMC. This third village, spanning 54,000 square meters in the Feresbet area, stood as a testament to Gift Real Estate’s enduring commitment to redefining urban living.

With a track record spanning over three decades in the construction industry, Gift Real Estate has embraced a philosophy of “building communities.”

Their villages are meticulously planned to foster a harmonious blend of modern amenities and the cherished traditions of Ethiopian social life. This unique approach sets their developments apart, offering a diverse array of housing options, from towering 24-floor apartment buildings to cozy villas, town-houses, and row houses, complemente
d by an array of shops and services.

As the vibrant colors and sleek designs of the new village unfolded before the attendees’ eyes, it became evident that this project was more than just a collection of buildings; it was a celebration of innovation, collaboration, and a shared vision for a prosperous and sustainable urban future.

Source: Ethiopian News Agency

Sierra Leone Keen to Emulate from Ethiopia’s Progress: Ambassador Saffa


Addis Ababa: Sierra Leone’s Ambassador to Ethiopia Harold Saffa said there are areas that Sierra Leone needs to emulate from the ongoing development progresses in Ethiopia.

Speaking to ENA, ambassador Saffa said the bilateral relationship between Ethiopia and Sierra Leone is growing.

‘This is a great nation [Ethiopia]. We want to benefit from what Ethiopia has done. The country has been able to make so much progress, because Sierra Leone is also related to Ethiopia in the sense that we are all Africans.’

By the sort of progress that Ethiopia is making; I have been in Addis Ababa since January, and I have seen the level of infrastructural development.

‘…. We in Sierra Leone are trying to place emphasis on food self-sufficiency, we want to know what Ethiopia is doing this regard.’

The two countries can exert efforts in technology or knowledge transfer So that as an Africans they can develop together, the ambassador indicated.

The ambassador also commended the ongoing infrastructure development activitie
s in Addis Ababa.

The encouraging development efforts in Ethiopia will inspire a lot of other African nations in order to be able to benefit from it, he said ‘We are glad that the African Union is sitting here in Addis Ababa.’ .

Moreover, the ambassador added that Ethiopian Airlines flights to Freetown will open up new horizons to enhance tourism cooperation between the two countries.

Ethiopian Airlines, the largest network operator in Africa, launched thrice-weekly passenger services to Freetown, Sierra Leone yesterday.

He said Sierra Leone’s pristine beaches and historic sites will now be more accessible to tourists, while the rich cultural tapestry and historical landmarks of Ethiopia awaits Sierra Leonean explorers.

‘This exchange will undoubtedly enrich our cultural landscapes, foster greater people to people ties, and promote mutual appreciation of our diverse heritages,’ Saffa noted.

The people in Ethiopia are hospitable. “When you go around the city you find a lot of smiling people welcoming you
,” the ambassador conclude.

Source: Ethiopian News Agency

Ethiopia Committed to Diversifying Ports to Stimulate Economy: Transport, Logistics State Minister


Addis Ababa: Ethiopia is actively pursuing the diversification of ports with the aim of boosting its economy, Transport and Logistics State Minister Dange Boru said.

The focus is on Ethiopia’s efforts to expand its options for maritime trade, which is seen as a strategy to drive economic growth and development within the country.

A half-day panel discussion organized by the Addis Ababa University (AAU) and Ethio-Logistics Sectorial Association (ELSA) was held under the theme ‘Ethiopia’s port diversification strategy: opportunities and challenges from stakeholder perspective’ today.

In his opening remark, Transport and Logistics State Minister Dange Boru emphasized the importance of strengthening collaboration among stakeholders to facilitate the establishment of alternative ports for the country.

Collaboration among stakeholders, including government agencies and the private sector, is essential for developing innovative strategies to invest in critical infrastructure.

The state minister added that it is
imperative for Ethiopia to significantly diversify access to its neighbors ports by entering into the necessary arrangements with them and building infrastructure.

This would help it, among others, to enhance its economic competitiveness, support its development and consolidate its influence in the region.

‘Let’s us seize this moment to reaffirm our commitment to unlocking Ethiopia’s great potential through port diversification. By working together we can overcome challenges, maximize opportunities and pave the way for a more prosperous and resilient economy,’ Dange stated

Experts at the panel also emphasized the importance of Ethiopia’s port diversification to ensure economic growth and enhance bargaining power of the country.

Among the panelists, Addis Ababa University economics lecturer Birhanu Denu said sustainable access to sea promises significant boost to Ethiopia’s economy as the country is a huge economy in Africa.

Such access would facilitate seamless import and export processes, minimize exter
nal impediments and ensures expedited trade, he noted, adding that alternative ports would not only strengthen Ethiopia’s bargaining power but also serve as a deterrent against security threats.

AAU President Office Head Matewos Ensermu on his part said access to alternative ports offers multifaceted benefits.

Ethiopia should therefore participate in developing ports either unilaterally or in partnership with other stakeholders, he underscored.

Ethio Logistics and Sectoral Association President, Elizabeth Getahun said access to alternative ports strengthens competitiveness and facilitates trade.

Ethiopian Shipping and Logistics Maritime Service Deputy CEO Siraj Abdulahi stated on his part that a port is not just a physical location for goods and stressed the importance of having various alternative ports.

He also emphasized the need to fulfill the requirements of various producers, including infrastructure, customs, transport protocols, and other regulations, in accessing alternative ports.

The panelist
s also emphasized the necessity of expanding alternative ports across all corridors of the country to get low tariffs and stimulate economic growth in regional states.

Source: Ethiopian News Agency

Nation Producing Textile, Apparel in Large Scales by Utilizing Local Raw Materials


Addis Ababa: Readymade Textile and Apparel are being manufactured at large scales in Ethiopia by utilizing local raw materials, Manufacturing Industry Development Institute revealed.

The 12th International Research Conference on Cotton, Textile and Apparel Value Chain in Africa (CTA-2024) held at the Ethiopian Institute of Textile and Fashion Technology (EiTEX) in Bahir Dar University.

The two-day conference featured insightful discussions, presentations of research outputs by esteemed presenters, and commentary from specialists within the field of study.

Deputy Director General of Manufacturing Industry Development Institute, Sileshi Lema said on the occasion that the national movement being carried out under the theme ‘Made in Ethiopia’ has enhanced the domestic capacity of the industry sector.

Ethiopia has been importing textile and apparel products from abroad by spending a minimum of one billion USD annually over the past years, Sileshi said however, he indicated that currently the country is produci
ng textile and apparel in large scales to substitute imports.

Scientific Director at the Ethiopian Institute of Textile and Fashion Technology (EiTEX) of Bahir Dar University, professor Tamerat Tesfaye on his part said the Institute is discharge its role by providing training to produce qualified professionals and skilled manpower in the field.

Among the graduate of the Institute, 25.6 percent have already established their own business and provided job opportunities for others, he added.

“The textile Apparel industry plays a pivotal role in supporting livelihoods through job creation, driving economic growth and fostering cultural experiences across the African continent,”

Source: Ethiopian News Agency

Ethiopia’s Ambassador Highlights Africa’s Remarkable Surge in Digital Drowth


Addis Ababa: Ethiopian Ambassador in India, Demeke Atnafu underscored Africa’s remarkable surge in digital growth, transforming various aspects of its socio-economic landscape.

Ambassador Demeke made the remark at the International Conference on Digital Growth in Africa to celebrate Africa Day 2024 at University of Delhi, organized by the Department of African Studies, according to Embassy of Ethiopia in New Delhi.

As a Chief Guest, the ambassador delivered speech on the topic with prelude to the important of celebrating African Day with reference to independent movement in Africa.

Ambassador Demeke underscored Africa’s remarkable surge in digital growth, transforming various aspects of its socio-economic landscape.

From the expansion of mobile connectivity to the proliferation of e-commerce platforms and the emergence of tech startups, digital technologies are reshaping how Africans interact, communicate, and do business.

With regard to Ethiopia, Ambassador Demeke highlighted that as a fast-growing econ
omy, digitization is at the core of everything in Ethiopia, such as in agriculture, manufacturing, tourism, and services.

In 2020 Ethiopia initiated Digital Ethiopia 2025, a strategy that aims to leverage digitally enabled pathways to foster inclusive national prosperity through boosting economic growth, enhancing public services, and fostering social development.

Telecommunication reforms, including the liberalization of the telecom sector in 2020, have introduced competition, improved services, and made internet access more accessible and affordable.

In his concluding remark, Ambassador Demeke emphasized that through strengthened Africa -India relations, we can create a future where both regions thrive in the digital era.

Source: Ethiopian News Agency

UN Office for Disaster Risk Reduction Affirms to Enhance Partnership with Ethiopia


Addis Ababa: Director of the United Nations Office for Disaster Risk Reduction (UNDRR) in Geneva, Paola Albrito has affirmed that UNDRR will continue to enhance its partnership with Ethiopia to safeguard vulnerable populations in the region from the impacts of natural disasters.

Ambassador Tsegab Kebebew held discussions with Paola Albrito, Director of the United Nations Office for Disaster Risk Reduction in Geneva on Friday , according to Ethiopian permanent Mission in Geneva.

During their discussion, the Director expressed her appreciation to the Ethiopian government for its dedication to implementing initiatives and centered in building resilient communities against disasters and hazards.

She affirmed that UNDRR will continue to enhance its partnership with Ethiopia to safeguard vulnerable populations in the region from the impacts of natural disasters.

Ambassador Tsegab on his part provided an overview to the Director about Ethiopia’s activities and initiatives in the area of disaster risk and reducti
on and highlighted some of the challenges faced in the Horn of Africa region due to the effects of Climate Change, as well as the recurring droughts and floods.

The Permanent Mission of Ethiopia in Geneva is set to lead the UNDRR Support Group for duration of one year, starting from September 2024 to June 2025.

Source: Ethiopian News Agency

Agenda Gathering Process Inclusive, Participatory: Coalition of Ethiopian Women Association


Addis Ababa: Coalition of Ethiopian Women’s Association Director Convener of Women’s Voice in the National Dialogue, Saba Gebremedhim, said that the process of collecting agendas for the national consultative process has been observed to be inclusive and participatory.

In an interview with ENA, the director said Women’s Voice in the National Dialogue has been engaged in activities since the beginning of the consultative process in by incorporating more than 50 organizations.

The coalition has stated that it has organized various women’s forums in the districts of Addis Ababa and held discussions on the agendas that should be raised in the consultative process.

Stating that the national dialogue agenda setting process initiated in the city has ensured inclusiveness by involving various segments of the society including women, and that it has been a participatory process, she said everyone needs to play a positive role for its successful continuation until the end.

The Director, who mentioned that the discu
ssions held during the current agenda setting process will lay the foundation for the main national dialogue, underscored that the dialogue is crucial to creating consensus through democratic and peaceful means and to bring about justice.

She stressed that all segments of the society need to properly utilize the national consultative process, which presents a great opportunity to permanently resolve conflicts and other fundamental challenges facing the country, and work responsibly for its success.

Saba Gebremedhim called on women to actively participate in the efforts to ensure lasting peace as they are part of the solution.

The Ethiopian National Dialogue Commission, which was established by Proclamation No. 1265/2014 to conduct inclusive national dialogues on fundamental national issues to build better national consensus, has now embarked on implementing the third phase.

The inclusive national consultative process has phases of pre-preparation, preparation, consultative process, implementation and moni
toring.

The agenda setting process, which is part of the consultative phase, was officially launched last Wednesday in Addis Ababa, and representatives of various community groups have concluded three days of discussions on agenda items.

Accordingly, they have identified the agendas they want to be discussed in the consultations at the city administration level and submitted them to the Commission. The Ethiopian National Dialogue Commission announced that they have elected 121 representatives to present their agendas during the national dialogue.

Source: Ethiopian News Agency

Ethiopia Provides Training for South Sudanese Diplomats


Addis Ababa: The Ministry of Foreign Affairs of Ethiopia and the Institute of Foreign Affairs organized a training program for South Sudanese diplomats.

The 20 diplomats who are departing Juba on 03 June 2024 to attend the training offered by the collaboration of IFA and the Ministry of Foreign Affairs of Ethiopia are expected to serve as a vital link in enhancing relations and mutual growth between the two brotherly countries.

During the briefing session which was taken place at the Ministry of Foreign Affairs and International Cooperation of South Sudan, the Undersecretary of the Ministry, Ambassador John Samue highlighted the significance of this training.

The training not only does enhance capacity building but also strengthen the diplomatic relations between the two countries, he said.

In the same vein, Nebil Mahdi, Ethiopian Ambassador to South Sudan congratulated the diplomats and pointed out the unwavering commitment of Ethiopia and its leaders to the people of South Sudan.

Thus, the continuous s
upport being extended in various fields for South Sudan is a demonstration of solidifying the historic relations between our two countries, he said.

In this regard, the Ambassador explained that Ethiopia has been working aggressively to promote economic cooperation with South Sudan through infrastructure development such as roads and electricity, among others.

Finally, the Ambassador advised the diplomats to attend the training actively and to visit Addis Ababa as it is one of the fastest growing city in Africa.

Source: Ethiopian News Agency

PM Abiy Calls for Seizing Opportunity of National Dialogue


Addis Ababa: Prime Minister Abiy Ahmed has underscored the significance of the ongoing national dialogue process, calling on all Ethiopians to seize this opportunity to achieve a comprehensive victory by resolving outstanding issues through discussion.

In a message posted on his Face-book page, the Prime Minister reflected on Ethiopia’s past experiences with conflict and missed opportunities for dialogue.

He stated, “We have experienced war. We have solved some of our problems. We have repeated uprisings. We have solved some problems. However, the remaining path to address the unsolved problems is through dialogue. We have not tried this path.”

Acknowledging the limitations of war and uprisings, PM Abiy noted, “War and uprisings do not bring a complete solution as they create winners and losers. The defeated will continue to struggle to defeat, while the victor will strive to maintain their victory.”

He contrasted this with dialogue, stating, “Dialogue, on the other hand, makes everyone a winner. Even if
we were once defeated, we all fought for our country.”

The Prime Minister outlined three key benefits of the dialogue process saying ” It will solve, if not all, at least the major outstanding problems.

According to him, the dialogue will promote a culture of dialogue rather than conflict.

It will foster rapprochement and consensus among opposing forces, he said, adding this rapprochement will enable continued engagement on issues in the future.

Urging Ethiopians not to squander this opportunity, PM Abiy appealed, “I ask that we do not miss this chance to achieve a comprehensive victory.”

The Ethiopian National Dialogue Commission, which was established by Proclamation No. 1265/2014 to conduct inclusive national dialogues on fundamental national issues to build better national consensus, has now embarked on implementing the third phase.

The inclusive national consultative process has phases of pre-preparation, preparation, consultative process, implementation and monitoring.

The agenda setting process
, which is part of the consultative phase, was officially launched last Wednesday in Addis Ababa, and representatives of various community groups have concluded three days of discussions on agenda items.

Accordingly, they have identified the agendas they want to be discussed in the consultations at the city administration level and submitted them to the Commission.

They have elected 121 representatives to present their agendas during the national dialogue.

The Commission revealed that the dialogue will next move to the regional states.

Source: Ethiopian News Agency

Gov’t Committed to Implementing Consensus Reached through National Dialogue: PM Abiy Ahmed


Addis Ababa: Prime Minister Abiy Ahmed has declared his government’s commitment to implementing the consensus that would be reached through the national dialogue.

At the inaugural session of the nationwide agenda setting consultative chapter held at the Adwa Victory Memorial Museum today, Prime Minister Abiy Ahmed took part as a stakeholder representing the government.

In his remarks at the event, the premier said Ethiopia is a country that has been experiencing wars and facing numerous challenges.

Dialogue is the solution to break this vicious history of war and upheaval, the premier noted.

“Today is a new chapter for Ethiopia,” the PM said, calling for active participation of all in this new chapter.

According to him, the aim of the national dialogue is to make Ethiopia a nation of hope by strengthening unity instead of division.

He further pointed out that properly utilizing this rare and historic opportunity for dialogue will make all winners. The prime minister urged all stakeholders not to miss th
is opportunity.

Stressing that the government has no intention of interfering in any way with the work of the Ethiopian National Dialogue Commission, Abiy expressed his belief that the commissioners with extensive knowledge and experience have also no other desire than to work for the benefit of the country.

The prime minister pledged that the government is determine to implement the consensus reached through the dialogue.

In the case of agendas we do not agree, they will be subject to a referendum. And after the decision of the people, we all must respect the decision, he stressed.

Abiy stated that attempts to resolve differences and disagreements by force only create temporary winners and losers, failing to provide a lasting solution to the challenges.

He concluded that through this dialogue Ethiopia will emerge victorious without any losers.

Source: Ethiopian News Agency