Public enterprises evaluated for privatization
Valuations and other preparations for the privatization process of major public enterprises is ongoing, Capital learned.
Brook Taye, an adviser at Ministry of Fianace, said that the relevant bodies in specific areas are working on the process of privatizing local enterprises.
He said that placing a value on sugar factories is expected to be finished in the near future. The sugar sector is expected to be the first sector to realize the initiative of privatizing mega public businesses. https://www.capitalethiopia.com/featured/public-enterprises-evaluated-for-privatization/
Valuations and other preparations for the privatization process of major public enterprises is ongoing, Capital learned.
Brook Taye, an adviser at Ministry of Fianace, said that the relevant bodies in specific areas are working on the process of privatizing local enterprises.
He said that placing a value on sugar factories is expected to be finished in the near future. The sugar sector is expected to be the first sector to realize the initiative of privatizing mega public businesses. https://www.capitalethiopia.com/featured/public-enterprises-evaluated-for-privatization/
Capitalethiopia
Public enterprises evaluated for privatization | Capital Ethiopia Newspaper
PM emphasizes untiy in speech to parliament
Prime Minister Abiy Ahmed appeared at parliament on Tuesday October, 2019, responding to questions presented by both the House of People’s Representatives and the House of Federation.
The Prime Minster clarified his positions regarding the upcoming election, the Ethiopian Renaissance Dam (GERD), a unified country and government’s plan.https://www.capitalethiopia.com/featured/pm-emphasizes-untiy-in-speech-to-parliament/
Prime Minister Abiy Ahmed appeared at parliament on Tuesday October, 2019, responding to questions presented by both the House of People’s Representatives and the House of Federation.
The Prime Minster clarified his positions regarding the upcoming election, the Ethiopian Renaissance Dam (GERD), a unified country and government’s plan.https://www.capitalethiopia.com/featured/pm-emphasizes-untiy-in-speech-to-parliament/
Ethiopia says hello to two telecoms
As a result of the economic reform process two more telecoms are expected to join the market next April.
The Ethiopian Communications Authority (ECA) announced that it has officially kicked off the public consultation process prior to issuing new telecommunications licenses. It started on October 22 and will be open for four weeks followed by a request for a proposal (RFP), according to Balcha Reba, Director General of ECA. https://www.capitalethiopia.com/featured/ethiopia-says-hello-to-two-telecoms/
As a result of the economic reform process two more telecoms are expected to join the market next April.
The Ethiopian Communications Authority (ECA) announced that it has officially kicked off the public consultation process prior to issuing new telecommunications licenses. It started on October 22 and will be open for four weeks followed by a request for a proposal (RFP), according to Balcha Reba, Director General of ECA. https://www.capitalethiopia.com/featured/ethiopia-says-hello-to-two-telecoms/
BEING AND BECOMING: ART AND HUMANITY
“art… the pursuit of pure beauty can be more political than we think.” CNN contributor, Michael Govan
The concept of this column, Discourse with Dr. Desta, is rooted in utilizing the arts to unpack significant social, cultural and political themes while promoting the role and impact of artists. And while music has been my life long professional realm, my decade plus in visual art in Ethiopia has been profound and always on point. Dereje Shiferaw’s timely solo exhibition, HUMAN BEING, is a vibrant volume of visual questions on humanity. https://www.capitalethiopia.com/discourse-with-dr-desta/being-and-becoming-art-and-humanity/
“art… the pursuit of pure beauty can be more political than we think.” CNN contributor, Michael Govan
The concept of this column, Discourse with Dr. Desta, is rooted in utilizing the arts to unpack significant social, cultural and political themes while promoting the role and impact of artists. And while music has been my life long professional realm, my decade plus in visual art in Ethiopia has been profound and always on point. Dereje Shiferaw’s timely solo exhibition, HUMAN BEING, is a vibrant volume of visual questions on humanity. https://www.capitalethiopia.com/discourse-with-dr-desta/being-and-becoming-art-and-humanity/
Capitalethiopia
BEING AND BECOMING: ART AND HUMANITY | Capital Ethiopia Newspaper
Future Africa
Jessica Berlin is a security and foreign policy expert turned sustainable business and development innovator. As founder and Managing Director of CoStruct, she advises governments, companies, multilaterals, and nonprofit organizations on strategy, program design, and partnership development to tackle global challenges with sustainable, ‘scaleable’ business and technology solutions. https://www.capitalethiopia.com/interview/future-africa/
Jessica Berlin is a security and foreign policy expert turned sustainable business and development innovator. As founder and Managing Director of CoStruct, she advises governments, companies, multilaterals, and nonprofit organizations on strategy, program design, and partnership development to tackle global challenges with sustainable, ‘scaleable’ business and technology solutions. https://www.capitalethiopia.com/interview/future-africa/
Capital Ethiopia Newspaper
Future Africa - Capital Ethiopia Newspaper
Jessica Berlin is a security and foreign policy expert turned sustainable business and development innovator. As founder and Managing Director of CoStruct, she advises governments, companies, multilaterals, and nonprofit organizations on strategy, program…
Economic growth modest throughout Africa: IMF
The International Monetary Fund’s (IMF) regional economic outlooks predicts modest economic growth of around 3.2 percent, in most sub-Sahara African countries during 2019.
The IMF writes that growth remains too low to meet the needs of growing populations.
IMF division chief, Papa N’ Diaye, and Catrine Purfield, Deputy Director of IMF rolled out the bi-annual report on Thursday October 31 at the United Nations Economic Commission of Africa (UNCEA). https://www.capitalethiopia.com/capital/economic-growth-modest-throughout-africa-imf/
The International Monetary Fund’s (IMF) regional economic outlooks predicts modest economic growth of around 3.2 percent, in most sub-Sahara African countries during 2019.
The IMF writes that growth remains too low to meet the needs of growing populations.
IMF division chief, Papa N’ Diaye, and Catrine Purfield, Deputy Director of IMF rolled out the bi-annual report on Thursday October 31 at the United Nations Economic Commission of Africa (UNCEA). https://www.capitalethiopia.com/capital/economic-growth-modest-throughout-africa-imf/
Conference focuses on health, science
The 15th Grand Challenges Annual Meeting, jointly hosted by the African Union, Ethiopia’s Ministry of Health, the African Academy of Sciences, Grand Challenges Canada, the United States Agency for International Development, Welcome and the Bill & Melinda Gates Foundation Meeting was held in Addis Ababa, Ethiopia, from October 27– 30, 2019. https://www.capitalethiopia.com/capital/conference-focuses-on-health-science/
The 15th Grand Challenges Annual Meeting, jointly hosted by the African Union, Ethiopia’s Ministry of Health, the African Academy of Sciences, Grand Challenges Canada, the United States Agency for International Development, Welcome and the Bill & Melinda Gates Foundation Meeting was held in Addis Ababa, Ethiopia, from October 27– 30, 2019. https://www.capitalethiopia.com/capital/conference-focuses-on-health-science/
Logistics professionals gather to improve sector
A logistics conference organized by the Ethiopian Logistics Community of Practice (ELCoP), Ethiopian Freight Forwarders and Shipping Agents Association (EFFSAA), Ethiopian Maritime Affairs Authority (EMAA), WFP, and Ethiopian Logistics and Supply Chain Management Professionals Association, gathered stakeholders from Ethiopia, Djibouti and around the globe. https://www.capitalethiopia.com/capital/logistics-professionals-gather-to-improve-sector/
A logistics conference organized by the Ethiopian Logistics Community of Practice (ELCoP), Ethiopian Freight Forwarders and Shipping Agents Association (EFFSAA), Ethiopian Maritime Affairs Authority (EMAA), WFP, and Ethiopian Logistics and Supply Chain Management Professionals Association, gathered stakeholders from Ethiopia, Djibouti and around the globe. https://www.capitalethiopia.com/capital/logistics-professionals-gather-to-improve-sector/
Alliance formed to address clean cooking
The Netherland development organization (SNV), more than 15 NGO’s, and over 600 private enterprises along with government agencies overseeing health, women and children joined hands to get more people to use clean stoves. As part of the governments attempted to become a carbon neutral country effort are underway to disseminate millions of energy stoves and replace the use of charcoal and other traditional fuels used by 85 percent of Ethiopia’s population. https://www.capitalethiopia.com/capital/alliance-formed-to-address-clean-cooking/
The Netherland development organization (SNV), more than 15 NGO’s, and over 600 private enterprises along with government agencies overseeing health, women and children joined hands to get more people to use clean stoves. As part of the governments attempted to become a carbon neutral country effort are underway to disseminate millions of energy stoves and replace the use of charcoal and other traditional fuels used by 85 percent of Ethiopia’s population. https://www.capitalethiopia.com/capital/alliance-formed-to-address-clean-cooking/
Capital Ethiopia Newspaper
Alliance formed to address clean cooking - Capital Ethiopia Newspaper
The Netherland development organization (SNV), more than 15 NGO’s, and over 600 private enterprises along with government agencies overseeing health, women and children joined hands to get more people to use clean stoves. As part of the governments attempted…
Creative youth shine at African Innovation Week
The first African Innovation Week took place in Addis Ababa from October 28-November 2, 2019, attracting innovators from around the globe.
“The innovation week is in line with the African Union’s flagship project, Agenda 2063 as it creates new value chains, unique markets, addresses the question of youth unemployment, and attracts more investors,” Professor Sarah Anyang Agbor, Commissioner for Human Resources, Science and Technology said conveying a message for Moussa Faki Mahamat, African Union Commission Chairperson.https://www.capitalethiopia.com/capital/creative-youth-shine-at-african-innovation-week/
The first African Innovation Week took place in Addis Ababa from October 28-November 2, 2019, attracting innovators from around the globe.
“The innovation week is in line with the African Union’s flagship project, Agenda 2063 as it creates new value chains, unique markets, addresses the question of youth unemployment, and attracts more investors,” Professor Sarah Anyang Agbor, Commissioner for Human Resources, Science and Technology said conveying a message for Moussa Faki Mahamat, African Union Commission Chairperson.https://www.capitalethiopia.com/capital/creative-youth-shine-at-african-innovation-week/
African Development Bank shareholders approve $115 billion capital increase
At an extraordinary shareholders’ meeting on Friday November 1, in Abidjan, Governors of the African Development Bank (AfDB), representing shareholders from 80 countries, approved a landmark USD 115 billion increase in capital for the continent’s foremost financial institution.
“The capital increase, the largest in the history of the African Development Bank since its establishment in 1964 is a remarkable show of confidence by shareholders” according to a statement from AfDB. https://www.capitalethiopia.com/capital/african-development-bank-shareholders-approve-115-billion-capital-increase/
At an extraordinary shareholders’ meeting on Friday November 1, in Abidjan, Governors of the African Development Bank (AfDB), representing shareholders from 80 countries, approved a landmark USD 115 billion increase in capital for the continent’s foremost financial institution.
“The capital increase, the largest in the history of the African Development Bank since its establishment in 1964 is a remarkable show of confidence by shareholders” according to a statement from AfDB. https://www.capitalethiopia.com/capital/african-development-bank-shareholders-approve-115-billion-capital-increase/
Capital Ethiopia Newspaper
African Development Bank shareholders approve $115 billion capital increase - Capital Ethiopia Newspaper
At an extraordinary shareholders’ meeting on Friday November 1, in Abidjan, Governors of the African Development Bank (AfDB), representing shareholders from 80 countries, approved a landmark USD 115 billion increase in capital for the continent’s foremost…
Railway waits on Djibouti’s payment
The Ethio Djibouti Railway SC (EDR) says it is low on working capital because one of its two shareholders, Djibouti, did not settle its portion when they formed the company.
The railway line which replaced the century old, Emperor Minilik II system was officially inaugurated in 2017 and as of early 2018 began transporting cargo from the central part of Ethiopia to Djibouti ports.https://www.capitalethiopia.com/featured/railway-waits-on-djiboutis-payment/
The Ethio Djibouti Railway SC (EDR) says it is low on working capital because one of its two shareholders, Djibouti, did not settle its portion when they formed the company.
The railway line which replaced the century old, Emperor Minilik II system was officially inaugurated in 2017 and as of early 2018 began transporting cargo from the central part of Ethiopia to Djibouti ports.https://www.capitalethiopia.com/featured/railway-waits-on-djiboutis-payment/
Job program looks to improve startup environment
Ethiopia’s Job Creation Commission (JCC) is trying to use examples from Silicon Valley, particularly regulatory sandboxes to speed up innovation. Hopes are that this will encourage creative businesses and develop more jobs.
A regulatory sandbox (RS) usually refers to live testing of new products or services in a controlled/test regulatory environment for which regulators may (or may not) permit certain regulatory relaxations for the limited purpose of the testing. Loosely defined, a sandbox approach means experimenting and learning before finally adopting a technology or system. https://www.capitalethiopia.com/featured/job-program-looks-to-improve-startup-environment/
Ethiopia’s Job Creation Commission (JCC) is trying to use examples from Silicon Valley, particularly regulatory sandboxes to speed up innovation. Hopes are that this will encourage creative businesses and develop more jobs.
A regulatory sandbox (RS) usually refers to live testing of new products or services in a controlled/test regulatory environment for which regulators may (or may not) permit certain regulatory relaxations for the limited purpose of the testing. Loosely defined, a sandbox approach means experimenting and learning before finally adopting a technology or system. https://www.capitalethiopia.com/featured/job-program-looks-to-improve-startup-environment/
Arrests take place after recent unrest
Four hundred and nine people have been arrested in connection with violence which took the lives of 78 people last week largely in the Oromia region. Although not limited to these cities, places like Dire Dawa and Harrar saw massive property damage and civilian casualties after a Facebook post by Jawar Mohammed concerning removal of his security team.
The Prime Minister’s Press Secretary, Nigussu Tilahun, said there would have been more fatalities if some social groups hand not worked to calm the situation down.
Many of the attacks were based on ethnic and religious identity. Nigussu said the government acted immediately to control the situation.https://www.capitalethiopia.com/featured/arrests-take-place-after-recent-unrest/
Four hundred and nine people have been arrested in connection with violence which took the lives of 78 people last week largely in the Oromia region. Although not limited to these cities, places like Dire Dawa and Harrar saw massive property damage and civilian casualties after a Facebook post by Jawar Mohammed concerning removal of his security team.
The Prime Minister’s Press Secretary, Nigussu Tilahun, said there would have been more fatalities if some social groups hand not worked to calm the situation down.
Many of the attacks were based on ethnic and religious identity. Nigussu said the government acted immediately to control the situation.https://www.capitalethiopia.com/featured/arrests-take-place-after-recent-unrest/
Fertilizer to be transported by train
A logistics delegation is looking at potentially transporting fertilizer via the electric Ethio-Djibouti railway line.
Mekonnen Abera, head of the Ethiopian Maritime Affairs Authority, logistics professionals, and General Director of the Ethio-Djibouti Railway SC (EDR), Tilahun Sarka arrived in Djibouti on Wednesday October 30 to evaluate the situation. https://www.capitalethiopia.com/featured/fertilizer-to-be-transported-by-train/
A logistics delegation is looking at potentially transporting fertilizer via the electric Ethio-Djibouti railway line.
Mekonnen Abera, head of the Ethiopian Maritime Affairs Authority, logistics professionals, and General Director of the Ethio-Djibouti Railway SC (EDR), Tilahun Sarka arrived in Djibouti on Wednesday October 30 to evaluate the situation. https://www.capitalethiopia.com/featured/fertilizer-to-be-transported-by-train/
Bogalech Gebre 1960-2019 a woman of action
Ethiopian scientist and activist Dr Bogalech Gebre, most commonly known as Boge was born at Kembata Tembaro southern Ethiopia in 1960 to a family of 14. Like the other girls found in Africa, Boge suffered from female genital mutilation when she was about twelve. She lost one of her elder sisters when giving birth. Since educating girls were seen as unnecessary in most parts of the country, Boge attend her school secretly and later attained her high school diploma at Addis Ababa. https://www.capitalethiopia.com/capital/bogalech-gebre-1960-2019-a-woman-of-action/
Ethiopian scientist and activist Dr Bogalech Gebre, most commonly known as Boge was born at Kembata Tembaro southern Ethiopia in 1960 to a family of 14. Like the other girls found in Africa, Boge suffered from female genital mutilation when she was about twelve. She lost one of her elder sisters when giving birth. Since educating girls were seen as unnecessary in most parts of the country, Boge attend her school secretly and later attained her high school diploma at Addis Ababa. https://www.capitalethiopia.com/capital/bogalech-gebre-1960-2019-a-woman-of-action/
Capital
Bogalech Gebre 1960-2019 a woman of action
Ethiopian scientist and activist Dr Bogalech Gebre, most commonly known as Boge was born at Kembata Tembaro southern Ethiopia in 1960 to a family of 14. Like the other girls found in Africa, Boge suffered from female genital mutilation when she was about…
Trump holds talks with Foreign Ministers of Ethiopia, Egypt, Sudan
The foreign ministers of Egypt, Ethiopia and Sudan met Wednesday in Washington with President Donald Trump and Treasury Secretary Steven Mnuchin to discuss the Grand Ethiopia Renaissance Dam (GERD). https://www.capitalethiopia.com/capital/trump-holds-talks-with-foreign-ministers-of-ethiopia-egypt-sudan/
The foreign ministers of Egypt, Ethiopia and Sudan met Wednesday in Washington with President Donald Trump and Treasury Secretary Steven Mnuchin to discuss the Grand Ethiopia Renaissance Dam (GERD). https://www.capitalethiopia.com/capital/trump-holds-talks-with-foreign-ministers-of-ethiopia-egypt-sudan/