| Tedros Adhanom Becomes First African to Lead World Health Organization
May 25, 2017 - Ethiopia’s former foreign minister has been elected to serve as the next director-general of the World Health Organization — the first African picked to lead the global health agency.
Tedros Adhanom Ghebreyesus, 52, will succeed Dr. Margaret Chan on July 1.
It took three rounds of secret-ballot voting for Tedros Adhanom to claim the top job on Tuesday. But from the start of balloting it was clear momentum was going his way.
He topped every vote, starting in January when the WHO’s executive board whittled a long list of six candidates down to the final three.
On Tuesday, he was the top vote-getter in a thre
| Ethiopian PM Concerned Over Reluctance of Citizens to Return from Saudi Arabia
May 21, 2017 - Prime Minister Hailemariam Desalegn has expressed concern that Ethiopian nationals residing illegally in Saudi Arabia are not returning home as expected, according to FBC.
Even if the 90 days deadline Saudi Arabia has given to all foreign nationals residing illegally in the country is drawing closer, very few Ethiopians have returned home as compared to the expected number.
The amnesty period for illegal foreign nationals to leave the kingdom without paying fines or facing legal measures started on March 29, 2017.
Noting that the deadline is drawing closer, the Prime Minister urged citizens re
| General Electric Opens New Office in Ethiopia
May 19, 2017 - American based company, General Electric (GE), is consolidating its footprint in Africa with the official opening of GE Ethiopia office in Addis Ababa this week, according to FBC.
Ethiopian President Dr. Mulatu Teshome was the Guest of Honor and was joined by Mr. Jay Ireland, President & CEO of GE Africa; Mr. Daniel Hailu, CEO of GE in Ethiopia, as well as distinguished guests from the local Public and Private sector.
The newly inaugurated facility has the capacity to host up to 60 staff members and represents a tangible commitment from GE towards a long-term partnership with its Ethiopian customers.
| China Pledges Billions in Assistance to Countries Under Belt, Road Initiative
May 16, 2017 - Chinese President Xi Jinping has pledged today 8.7-billion-USD assistance for developing countries and international organizations under the Belt and Road Initiative.
At the plenary session of the Belt and Road Forum where some 29 leaders were in attendance, the President outlined the most ambitious plan for the "Belt and Road Initiative".
President Xi also pledged additional 14.5 billion USD to the Silk Road Fund set up in 2014 to finance infrastructural projects for countries along the belt and road.
China will also establish up to 50 joint laboratories in countries along the belt to enhance c
| Chinese President Calls for Stronger Relations with Ethiopia
May 16, 2017 - Chinese President, Xi Jinping, has said his country and Ethiopia needed to elevate bilateral relations to a comprehensive strategic partnership of cooperation, according to Africa News.
According to him, Ethiopia was crucial to China’s cooperation with the continent at large hence the need to upgrade ties to reflect the “strategic aspect and the high level of political mutual trust of the bilateral relations”.
Xi was speaking during a meeting with Ethiopian Prime Minister Hailemariam Desalegn who was in Beijing to attend the Belt and Road Forum for International Cooperation scheduled
| Media Urged to Help in Safe Return of Ethiopians from Saudi Arabia
May 14, 2017 - Ethiopian State Minister for Foreign Affairs Dr. Aklilu Hailemikael underscored the significant role media can play on the ongoing effort to ensure the safe repatriation of undocumented Ethiopian citizens to their home country, according to FBC.
He added the hardships and inconveniences during the 2013 repatriation following a violent crackdown on migrant workers after a seven-month amnesty period had expired should not be reoccurred.
To this end, added the State Minister, a national taskforce has also been established to effectively coordinate their safe return.
He added, th
| Ethiopia Officially Joins Asian Infrastructure Investment Bank
May 14, 2017 - Ethiopia has officially joined the Asian Infrastructure Investment Bank (AIIB), according to FBC. AIIB aims to support development of infrastructure in the Asia-Pacific region.
“First of all, we are very happy that you decided to join the Asian Infrastructure Investment Bank. And also we are delighted that we ratified it. Because we meant now you are a full member of this bank as of today”, AIIB President Jin Liqun said.
Ethiopia submitted its application to join the Asian Infrastructure Bank in 2015.
The President also invited Ethiopia to attend the second annual meeting of the board
| Ethiopia, World Bank Sign 108M USD Loan Agreement
May 10, 2017 - The World Bank has extended 108.10 million USD loan to Ethiopia for the implementation of the Fourth Phase of Productive Safety Net Project (PSNP), according to ENA.
The loan agreement was signed by Finance and Economic Cooperation State Minister Admasu Nebebe and World Bank Country Director Carolyn Turk.
During the occasion, State Minister Admasu said the loan will be used for the implementation of PSNP program.
It will enable to scale-up the PSNP to reach drought affected households not currently receiving any support and strengthen the response of the PSNP to core beneficiaries suffering from th
| Emmanuel Macron Wins French Presidency Decisively
May 8, 2017 - In one of most closely watched elections in French history, pro-EU centrist politician Emmanuel Macron won the French presidential election on Sunday over far-right candidate Marine Le Pen. Macron won the presidency in a decisive victory over the far-right Front National leader. He vowed to unite a divided and fractured France.
At 39, Macron will be France's youngest leader since Napoleon Bonaparte.
Macron, a former economy minister who ran as a “neither left nor right” independent promising to shake up the French political system, took 66% to Le Pen’s 34%, according to latest count
| German Vice Chancellor Visiting Ethiopia This Week
May 2, 2017 - German delegation led by Vice Chancellor and Foreign Minister Sigmar Gabriel arrived in Addis Ababa yesterday for a two day-working visit to Ethiopia, according to FBC.
State Minister of Foreign Affairs, Hirut Zemene, welcomed the delegation at Addis Ababa Bole International Airport.
During his two day stay in Ethiopia, Gabriel will meet with Prime Minister Hailemariam Desalegn and other African Union officials. (FBC)
| UN Human Rights Chief Visiting Ethiopia for Consultations
April 29, 2017 - UN human rights chief, Prince Zeid Ra’ad Al Hussein, will visit Ethiopia next month at the invitation of the government, which has rejected UN and other outside offers to investigate months of deadly protests, reports News24.
Ethiopia remains under a state of emergency declared in October after hundreds were killed amid anti-government protests demanding wider political freedoms.
A UN statement says Zeid Ra'ad Al Hussein will visit the East African nation on May 2 - 4 and meet the prime minister and other officials along with civil society groups.
Prime Minister Hailemariam Desalegn this mon
| US Issues Travel Warning Following Grenade Attacks in Gondar
April 27, 2017 - The United States issued a warning Thursday to its citizens about travelling to a popular tourist region in Ethiopia after a string of grenade attacks targeting hotels and homes, according to AFP report.
The US embassy in Addis Ababa said there had been four grenade blasts this month in Gondar, a city in the north known for its ancient castles.
A popular stop on Ethiopia's tourist circuit, Gondar was also the scene of anti-government protests last year that led to the declaration of a nationwide state of emergency.
"The embassy recommends US citizens carefully consider whether travel to Gondar is
| FIFA Building East Africa Coordination Office in Addis Ababa
April 26, 2017 - The International Federation of Football Associations (FIFA) plans to build its East Africa coordination office in Addis Ababa at a cost of 300 million USD, according to ENA report.
FIFA has agreed to open a regional office in Addis Ababa within four months, during the 39th General Assembly of CAF held last month in here, in which its president Gianni Infantino had attended.
FIFA extended the money following the request of the Ethiopian Football Federation, Wondimkun Alayu, head of the Federation told ENA.
Wondimu said that efforts are being underway to secure a place where the FIFA regional office will be b
| Addis Ababa Hosting World Hydropower Congress 2017 Next Month
April 25, 2017 - The 2017 World Hydropower Congress will be held in Addis Ababa, Ethiopia on 9–11 May 2017, under the theme “how to do ‘better hydro’ in a changing world,” according to FBC report.
The Congress, to be held for the first time in Africa, will explore a diversity of perspectives and examine how initiatives of governments, businesses, finance, civil society and academia can advance sustainable development.
Hydropower currently provides 70% of the world’s renewable electricity, supplying more than a billion people across 152 countries.
It mitigates climat
| American Food Chain, Pizza Hut, Enters Ethiopia
April 25, 2017 - Pizza Hut, an American pizza chain, will open three outlets in Ethiopia this year, becoming one of the first international restaurant chains to enter Africa’s second-most populous country, according to Bloomberg.
The shops are scheduled to begin serving in the capital, Addis Ababa, by November, franchisee Aschalew Belay said in an interview Monday. Aschalew’s company, Belayab Foods and Franchise, will run the local outlets of the Yum! Brands Inc. pizzeria and will have invested $5.5 million in the operations by next year, according to his partner, Michael Ghebru.
Ethiopia is an attractive destination becau
| Ethiopia Forms Command Post to Facilitate Safe Return of Citizens from Saudi Arabia
April 13, 2017 - Ethiopian Ministry of Foreign Affairs established a command post for facilitating the safe return of Ethiopians from Saudi Arabia, according to ENA.
The command post is established to facilitate the return of illegal migrants ordered by Saudi Arabia to leave the country within 90 days from March 29, 2017.
Briefing journalists today, Ministry of Foreign Affairs Spokesperson Meles Alem said today that a high-level delegation led by Foreign Affairs State Minister Dr. Aklilu Hailemichael had a four-day visit to Saudi Arabia to discuss the safe return of citizens.<
| Ethiopia Named Second Fastest Growing Economy
January 11, 2017 - Over the next three years, small emerging economies are forecasted to outpace countries such as China and India in terms of economic growth, according to report in World Finance.
In January, the World Bank published its latest biannual Global Outlook report, which measures economic growth in almost 200 countries by calculating the year-on-year percentage change in GDP.
India and China are usually considered to be stars in this respect. While the global average growth rate is about 2.7 percent, India reported a whopping seven percent last year, with China roughly the same. Such figures are st
| Ethiopia, Qatar Commit to Enhance Ties
April 11, 2017 - Prime Minister Hailemariam Desalegn and Emir of the State of Qatar, Sheikh Tamim bin Hamad Al-Thani agreed to enhance bilateral relations and cooperation, according to ENA.
In their joint communiqué released here yesterday, the two leaders held bilateral talks in a brotherly atmosphere during which they reiterated their strong commitment to further strengthen the relations between their countries, according to the report.
In their discussion, the two leaders took good note of expanding bilateral cooperation and people to people relations between the two countries.
They underscored the need to fur
| North Korean Hackers Target Ethiopian banks
April 10, 2017 - Kaspersky Lab, a Russian multinational cyber security and anti-virus provider, listed Ethiopian banks among those that are under cyber-attacks by North Korean-linked hackers group a.k.a. Lazarus hackers, according to the Ethiopian Reporter.
A new research by the company indicates that a series of hacking operation by Lazarus is targeting financial institutions in 18 countries around the world. The research stated that Ethiopia, Kenya, Gabon and Nigeria are the only African countries that are affected by the attack.
Just three weeks ago, six employees of Bank of Abyssinia (BoA) were arre
| Emir of Qatar Visiting Ethiopia Next Week
April 6, 2017 - The Emir of Qatar, Tamim Bin Hamad Al-Thani, will visit Ethiopia for two days starting April 10, 2017, the Embassy of Qatar said, according to ENA report.
It will be the first time the Emir of Qatar visiting Ethiopia since he took power in 2013. The visit is part of the Emir’s tour to several African countries.
During his stay, the Emir is expected to meet President Mulatu Teshome and Prime Minister Hailemariam Desalegn to discuss bilateral and issues of common concern.
In addition to the bilateral talks to be held to further enhance cooperation, the two sides are expected to conclud