#Ethiopia: ongoing conflict disrupts Lake Tana conservation efforts, posing ecological threat
The Amhara Regional Communication Bureau has disclosed that the persistent conflict in the region is significantly impeding conservation efforts for Lake Tana, Ethiopia's largest lake. A surge in invasive water hyacinth, exacerbated by disrupted management activities during the ongoing unrest, now poses a substantial ecological threat.
For the past four months, the conflict in Amhara has hindered initiatives to control the invasive weed, resulting in uncontrolled proliferation. Conservation agencies, grappling with operational challenges in the conflict-ridden environment, are unable to conduct crucial monitoring and weed removal. The bureau also notes that vital equipment, essential for effective conservation, has been rendered non-operational.
Recognizing the urgency of the situation, the region has called on all stakeholders to work cooperatively and prioritize the restoration of stability.
The Amhara Regional Communication Bureau has disclosed that the persistent conflict in the region is significantly impeding conservation efforts for Lake Tana, Ethiopia's largest lake. A surge in invasive water hyacinth, exacerbated by disrupted management activities during the ongoing unrest, now poses a substantial ecological threat.
For the past four months, the conflict in Amhara has hindered initiatives to control the invasive weed, resulting in uncontrolled proliferation. Conservation agencies, grappling with operational challenges in the conflict-ridden environment, are unable to conduct crucial monitoring and weed removal. The bureau also notes that vital equipment, essential for effective conservation, has been rendered non-operational.
Recognizing the urgency of the situation, the region has called on all stakeholders to work cooperatively and prioritize the restoration of stability.
#Sudan: Uncertainty Surrounds IGAD-Backed Sudanese Ceasefire Talks
Conflicting reports have surfaced about the IGAD-backed meeting between Sudanese military leaders to discuss a ceasefire and humanitarian aid resumption. A senior Sudanese Ministry of Foreign Affairs official has cast doubt on the occurrence of direct talks between Army Commander Abdel Fattah al-Burhan and RSF Commander Mohamed Hamdan Daglo Hemetti, contradicting claims of a scheduled meeting in Djibouti.
Amidst international pressure to address the Sudanese crisis, former Prime Minister Abdullah Hamdok has also extended invitations to the leaders to convene urgently. Despite the discrepancies, sources affirm the meeting is scheduled for December 28, with RSF Commander Hemetti expressing readiness to participate and a commitment to peace.
Officials from the Forces for Freedom and Change (FFC) express hope that the meeting, facilitated by IGAD, will lead to a ceasefire.
https://sudantribune.com/article280692/
Conflicting reports have surfaced about the IGAD-backed meeting between Sudanese military leaders to discuss a ceasefire and humanitarian aid resumption. A senior Sudanese Ministry of Foreign Affairs official has cast doubt on the occurrence of direct talks between Army Commander Abdel Fattah al-Burhan and RSF Commander Mohamed Hamdan Daglo Hemetti, contradicting claims of a scheduled meeting in Djibouti.
Amidst international pressure to address the Sudanese crisis, former Prime Minister Abdullah Hamdok has also extended invitations to the leaders to convene urgently. Despite the discrepancies, sources affirm the meeting is scheduled for December 28, with RSF Commander Hemetti expressing readiness to participate and a commitment to peace.
Officials from the Forces for Freedom and Change (FFC) express hope that the meeting, facilitated by IGAD, will lead to a ceasefire.
https://sudantribune.com/article280692/
#Somaliland Calls for Diplomacy Amid Escalating #Red_Sea Tensions
The government of Somaliland has voiced concern over the growing tension in the Red Sea and appealed to all parties involved to prioritize diplomatic solutions. In an official statement, Somaliland underscored the importance of de-escalating tensions to safeguard maritime security and regional stability, upon which numerous livelihoods rely.
Somaliland advocates for a cooperative approach to address the root causes of conflict and political instability in the region. The statement urges both regional and international actors to play a constructive mediating role in finding peaceful resolutions.
The statement from Somaliland does not specify the particular crisis prompting these concerns. However, recent developments, including #Ethiopia's strategic interest in Red Sea access and #Houthi_rebel attacks, have heightened tensions in the region.
https://rb.gy/egh7jt
The government of Somaliland has voiced concern over the growing tension in the Red Sea and appealed to all parties involved to prioritize diplomatic solutions. In an official statement, Somaliland underscored the importance of de-escalating tensions to safeguard maritime security and regional stability, upon which numerous livelihoods rely.
Somaliland advocates for a cooperative approach to address the root causes of conflict and political instability in the region. The statement urges both regional and international actors to play a constructive mediating role in finding peaceful resolutions.
The statement from Somaliland does not specify the particular crisis prompting these concerns. However, recent developments, including #Ethiopia's strategic interest in Red Sea access and #Houthi_rebel attacks, have heightened tensions in the region.
https://rb.gy/egh7jt
#Somali National Army Successfully Targets Extremist Stronghold, Over 80 Insurgents Neutralized
More than 80 al-Shabaab insurgents have allegedly been killed in recent military operations conducted by the Somali National Army (SNA) in coordination with local forces in the Mudug region, according to a senior commander. The operation, which took place in a forest near the town of Caad, was part of a larger effort by the Somali National Army, supported by local forces, to combat the al-Qaeda-affiliated group.
Brigadier General Dayah Abdi Abdulle, a senior commander overseeing the operation, confirmed the success of the operation and indicated that efforts against al-Shabaab would persist. This announcement follows a statement from the Defense Ministry two days prior, detailing the deaths of over 130 al-Shabaab members in central and southern Somalia, and the liberation of significant territories.
Somalia has faced endemic insecurity issues for years due to threats from al-Shabaab and Islamic State forces. Al-Shabaab has been engaged in an insurgency against the federal government and African Union peacekeeping forces since 2007. The group has ramped up attacks after the Somali president launched an "all-out war" following his re-election last year.
https://www.aa.com.tr/en/africa/at-least-80-al-shabaab-terrorists-killed-in-military-operation-in-somalia-army-commander/3093053
More than 80 al-Shabaab insurgents have allegedly been killed in recent military operations conducted by the Somali National Army (SNA) in coordination with local forces in the Mudug region, according to a senior commander. The operation, which took place in a forest near the town of Caad, was part of a larger effort by the Somali National Army, supported by local forces, to combat the al-Qaeda-affiliated group.
Brigadier General Dayah Abdi Abdulle, a senior commander overseeing the operation, confirmed the success of the operation and indicated that efforts against al-Shabaab would persist. This announcement follows a statement from the Defense Ministry two days prior, detailing the deaths of over 130 al-Shabaab members in central and southern Somalia, and the liberation of significant territories.
Somalia has faced endemic insecurity issues for years due to threats from al-Shabaab and Islamic State forces. Al-Shabaab has been engaged in an insurgency against the federal government and African Union peacekeeping forces since 2007. The group has ramped up attacks after the Somali president launched an "all-out war" following his re-election last year.
https://www.aa.com.tr/en/africa/at-least-80-al-shabaab-terrorists-killed-in-military-operation-in-somalia-army-commander/3093053
Anadolu Agency
At least 80 al-Shabaab terrorists killed in military operation in Somalia: Army commander
Terrorist killed in Mudug region
From spotlight to the shadows: #Ethiopia’s tourism odyssey hangs in the balance
Since Prime Minister Abiy Ahmed assumed power in 2018, Ethiopia is gradually becoming a global tourist hotspot, championing its rich cultural tapestry and breathtaking landscapes. The current administration is steering the hospitality and tourism sector into the limelight, paving the way for both international and local economic opportunities.
Last year's inauguration of the #Halala_Kela Resort marked a crucial step in optimizing natural resources for nationwide greenery attraction sites. The recent unveiling of the #Chebera_Churchura Elephant Paw Lodge, part of the 'Dine for Ethiopia' mega project, showcases Ethiopia's rich natural endowments in the heart of the #Dawuro Zone.
Despite significant investment and government-led initiatives, Ethiopia faces challenges in its tourism sector. Ongoing conflicts pose a risk to the nation's emergence as a leading travel destination, acting as a handbrake on progress. The sector, once pivotal for economic growth, has also encountered volatility due to the COVID-19 pandemic and internal strife.
Tourism industry experts highlight the grim state of affairs, attributing the downturn to persistent conflicts. The resurgence of conflict involving non-state militia #Fano has drained optimism from once-bustling locales. A local tour guide emphasizes the importance of peace, stating, “Peace is the lifeline of the tourism industry.”
https://addisstandard.com/from-spotlight-to-the-shadows-ethiopias-tourism-odyssey-hangs-in-the-balance/
Since Prime Minister Abiy Ahmed assumed power in 2018, Ethiopia is gradually becoming a global tourist hotspot, championing its rich cultural tapestry and breathtaking landscapes. The current administration is steering the hospitality and tourism sector into the limelight, paving the way for both international and local economic opportunities.
Last year's inauguration of the #Halala_Kela Resort marked a crucial step in optimizing natural resources for nationwide greenery attraction sites. The recent unveiling of the #Chebera_Churchura Elephant Paw Lodge, part of the 'Dine for Ethiopia' mega project, showcases Ethiopia's rich natural endowments in the heart of the #Dawuro Zone.
Despite significant investment and government-led initiatives, Ethiopia faces challenges in its tourism sector. Ongoing conflicts pose a risk to the nation's emergence as a leading travel destination, acting as a handbrake on progress. The sector, once pivotal for economic growth, has also encountered volatility due to the COVID-19 pandemic and internal strife.
Tourism industry experts highlight the grim state of affairs, attributing the downturn to persistent conflicts. The resurgence of conflict involving non-state militia #Fano has drained optimism from once-bustling locales. A local tour guide emphasizes the importance of peace, stating, “Peace is the lifeline of the tourism industry.”
https://addisstandard.com/from-spotlight-to-the-shadows-ethiopias-tourism-odyssey-hangs-in-the-balance/
Addis Standard
In-depth: From spotlight to the shadows: Ethiopia's tourism odyssey hangs in the balance - Addis Standard
In-depth: From spotlight to the shadows: Ethiopia's tourism odyssey hangs in the balance Addis Standard Economy -
#Ethiopia: #US calls for accountability in assault against two #AfDB staff in #Addis_Abeba
The U.S. government has called for accountability in the assault against two international staff of the African Development Bank (AfDB) in Addis Abeba, forcing the bank to withdraw its international staff from Ethiopia
Through a short statement issued via the its Embassy in Addis Abeba, the U.S. government highlighted “the importance of all nations observing and protecting the Vienna Convention on Diplomatic Relations to ensure diplomats around the world can carry out their missions in safety,” and added that the U.S. is “concerned by the assault and detention of African Development Bank personnel and call for those responsible to be held accountable.”
It is recalled that on 16 November, the bank admitted that two of its staff members “were unlawfully arrested, physically assaulted, and detained for many hours by elements of the security forces without any official explanation” on 31 October 2023. https://wp.me/p7BpQh-auQ
The U.S. government has called for accountability in the assault against two international staff of the African Development Bank (AfDB) in Addis Abeba, forcing the bank to withdraw its international staff from Ethiopia
Through a short statement issued via the its Embassy in Addis Abeba, the U.S. government highlighted “the importance of all nations observing and protecting the Vienna Convention on Diplomatic Relations to ensure diplomats around the world can carry out their missions in safety,” and added that the U.S. is “concerned by the assault and detention of African Development Bank personnel and call for those responsible to be held accountable.”
It is recalled that on 16 November, the bank admitted that two of its staff members “were unlawfully arrested, physically assaulted, and detained for many hours by elements of the security forces without any official explanation” on 31 October 2023. https://wp.me/p7BpQh-auQ
#Fitch cuts #Ethiopia's foreign currency rating after downgrade
Credit ratings agency Fitch lowered its rating on Ethiopia's long-term foreign-currency debt on Wednesday after the east African country failed to pay a coupon on its single outstanding $1 billion #Eurobond.
Fitch cut Ethiopia's long-term foreign-currency issuer default rating to "RD" from "C", and had earlier this month downgraded its rating on Africa's second-most populous country to "C" from "CC", citing an increased likelihood of default.
Peer S&P also downgraded Ethiopia's long- and short-term foreign currency sovereign ratings this month. https://www.reuters.com/world/africa/fitch-cuts-ethiopias-foreign-currency-rating-after-downgrade-2023-12-27/
Credit ratings agency Fitch lowered its rating on Ethiopia's long-term foreign-currency debt on Wednesday after the east African country failed to pay a coupon on its single outstanding $1 billion #Eurobond.
Fitch cut Ethiopia's long-term foreign-currency issuer default rating to "RD" from "C", and had earlier this month downgraded its rating on Africa's second-most populous country to "C" from "CC", citing an increased likelihood of default.
Peer S&P also downgraded Ethiopia's long- and short-term foreign currency sovereign ratings this month. https://www.reuters.com/world/africa/fitch-cuts-ethiopias-foreign-currency-rating-after-downgrade-2023-12-27/
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"Inflation is on a downward trajectory due to the policies followed." - The Ethiopian National Bank Governor
Ethiopia has been grappling with inflation and soaring food prices.
However, in a discussion with the Ethiopian Broadcasting Corporation, National Bank Governor Mamo Mihretu stated that the policy directions pursued by the bank are yielding improvements in curbing inflation.
According to Mamo, the national bank has implemented several measures, including restricting loans to the government and increasing interest on liquidity loans. He noted a decrease in the inflation rate for several products, contributing to an overall downturn in inflation over the past six months.
Watch
Ethiopia has been grappling with inflation and soaring food prices.
However, in a discussion with the Ethiopian Broadcasting Corporation, National Bank Governor Mamo Mihretu stated that the policy directions pursued by the bank are yielding improvements in curbing inflation.
According to Mamo, the national bank has implemented several measures, including restricting loans to the government and increasing interest on liquidity loans. He noted a decrease in the inflation rate for several products, contributing to an overall downturn in inflation over the past six months.
Watch
From spotlight to the shadows: #Ethiopia’s tourism odyssey hangs in the balance
The Ethiopian tourism landscape, adorned with cultural richness and natural splendors, has garnered international recognition, notably through UNESCO accolades. Since 2018, Prime Minister Abiy Ahmed's administration has aimed to leverage these assets for economic growth. Initiatives like the #Halala_Kela Resort and Chebera Churchura Elephant Paw Lodge underscore efforts to harness natural resources for sustainable tourism.
However, beneath the surface, a specter of unrest looms large, threatening the burgeoning promise of Ethiopia's tourism. The #Tigray war, exacerbated by the impact of the COVID-19 pandemic, has led to a decline in international visitors and triggered travel restrictions. Industry experts express concern that instability acts as a hindrance to the sector's potential, impacting employment and economic contributions.
Nevertheless, there are modest signs of recovery. A UNWTO report indicates a 28% increase in national tourism post the cessation of the Tigray war. While not fully restored to pre-pandemic levels, Ethiopia's travel and tourism revenue reached ETB 193.1 billion in 2022, suggesting resilience.
Authorities are redirecting promotional efforts to peaceful regions and supporting hospitality establishments. Ethiopia's tourism journey remains a delicate balancing act, navigating between challenges and the prospect of recovery, crucial for the nation's economic fabric.
https://addisstandard.com/from-spotlight-to-the-shadows-ethiopias-tourism-odyssey-hangs-in-the-balance/
The Ethiopian tourism landscape, adorned with cultural richness and natural splendors, has garnered international recognition, notably through UNESCO accolades. Since 2018, Prime Minister Abiy Ahmed's administration has aimed to leverage these assets for economic growth. Initiatives like the #Halala_Kela Resort and Chebera Churchura Elephant Paw Lodge underscore efforts to harness natural resources for sustainable tourism.
However, beneath the surface, a specter of unrest looms large, threatening the burgeoning promise of Ethiopia's tourism. The #Tigray war, exacerbated by the impact of the COVID-19 pandemic, has led to a decline in international visitors and triggered travel restrictions. Industry experts express concern that instability acts as a hindrance to the sector's potential, impacting employment and economic contributions.
Nevertheless, there are modest signs of recovery. A UNWTO report indicates a 28% increase in national tourism post the cessation of the Tigray war. While not fully restored to pre-pandemic levels, Ethiopia's travel and tourism revenue reached ETB 193.1 billion in 2022, suggesting resilience.
Authorities are redirecting promotional efforts to peaceful regions and supporting hospitality establishments. Ethiopia's tourism journey remains a delicate balancing act, navigating between challenges and the prospect of recovery, crucial for the nation's economic fabric.
https://addisstandard.com/from-spotlight-to-the-shadows-ethiopias-tourism-odyssey-hangs-in-the-balance/
Addis Standard
In-depth: From spotlight to the shadows: Ethiopia's tourism odyssey hangs in the balance - Addis Standard
In-depth: From spotlight to the shadows: Ethiopia's tourism odyssey hangs in the balance Addis Standard Economy -
In northern #Ethiopia, a new #famine could rival the worst of the past
In the #Tigrayan village of #Yechila, so many people are dying of hunger that the local officials have lost count. Farmers have abandoned their fields because they are filled with deadly landmines, and starvation is spreading.
The village’s roads and houses are still heavily damaged from missile strikes in the recent war. The local hospital has become a shelter for the homeless.
“We are all waiting for our turn to starve to death,” said Tsehay Assefa, an elderly villager who recently buried her son, a farmer who died of hunger, and one of her grandchildren.
Across the Tigray region, in northern Ethiopia, thousands of people have perished from lack of food in the 14 months since the end of the disastrous two-year war in which Ethiopian and Eritrean soldiers fought against Tigrayan forces. Now drought is compounding the devastation. A famine is looming that could rival the worst famines of the past, relief workers say.
***
“This latest famine is much bigger than the 1984 famine,” said Gebrehiwot Gebregzabher, head of the Tigray Disaster Risk Management Commission.
“This famine is invisible, it’s impacting more people, and the response has been minimal, unfortunately,” he told The Globe in an interview.
https://www.theglobeandmail.com/world/article-ethiopia-tigray-region-famine/
In the #Tigrayan village of #Yechila, so many people are dying of hunger that the local officials have lost count. Farmers have abandoned their fields because they are filled with deadly landmines, and starvation is spreading.
The village’s roads and houses are still heavily damaged from missile strikes in the recent war. The local hospital has become a shelter for the homeless.
“We are all waiting for our turn to starve to death,” said Tsehay Assefa, an elderly villager who recently buried her son, a farmer who died of hunger, and one of her grandchildren.
Across the Tigray region, in northern Ethiopia, thousands of people have perished from lack of food in the 14 months since the end of the disastrous two-year war in which Ethiopian and Eritrean soldiers fought against Tigrayan forces. Now drought is compounding the devastation. A famine is looming that could rival the worst famines of the past, relief workers say.
***
“This latest famine is much bigger than the 1984 famine,” said Gebrehiwot Gebregzabher, head of the Tigray Disaster Risk Management Commission.
“This famine is invisible, it’s impacting more people, and the response has been minimal, unfortunately,” he told The Globe in an interview.
https://www.theglobeandmail.com/world/article-ethiopia-tigray-region-famine/
The Globe and Mail
In northern Ethiopia, a new famine could rival the worst of the past
Every day, desperate villagers gather at an aid warehouse in Yechila hoping for food as drought is compounding the devastation from a disastrous two-year war
#Ethiopia: Ministry of Peace undergoes leadership shakeup as PM Abiy appoints new state ministers
Prime Minister Abiy Ahmed has made new appointments to the Ministry of Peace, following the departure of Taye Dendea and Seyum Mesfen from their respective posts as state ministers. The BBC has verified that Kayredin Tezera (left) and Cherugeta Genene (right) are the newly appointed State Ministers.
The Ministry of Peace is a relatively new addition to the federal government's executive bodies, established under the administration of Prime Minister Abiy. Taye had held the position of state minister of peace since October 2022 but was dismissed by the Prime Minister a few weeks prior to the recent appointments.
Read more at: https://x.com/addisstandard/status/1740281023319965945?s=20
Prime Minister Abiy Ahmed has made new appointments to the Ministry of Peace, following the departure of Taye Dendea and Seyum Mesfen from their respective posts as state ministers. The BBC has verified that Kayredin Tezera (left) and Cherugeta Genene (right) are the newly appointed State Ministers.
The Ministry of Peace is a relatively new addition to the federal government's executive bodies, established under the administration of Prime Minister Abiy. Taye had held the position of state minister of peace since October 2022 but was dismissed by the Prime Minister a few weeks prior to the recent appointments.
Read more at: https://x.com/addisstandard/status/1740281023319965945?s=20
#Ethiopia: Hemeti arrives in Addis Abeba as #IGAD backed meeting with al-Burhan postponed
General Mohamed Hamdan Dagalo, Commander of Sudan’s Rapid Support Forces (#RSF), made a significant visit to #Addis_Abeba, Ethiopia, today. Upon his arrival at Bole International Airport, he was warmly received by Deputy Prime Minister and Minister of Foreign Affairs, Demeke Mekonen.
This visit occurs amidst the postponement of a crucial meeting between #Sudan’s key military figures, General Abdel Fattah al-Burhan and General Mohamed Hamdan Dagalo, also known as Hemeti. The meeting, slated to be held in #Djibouti on 28 December, 2023, under the auspices of the Intergovernmental Authority on Development (IGAD), has been delayed due to "technical reasons," as confirmed by Djibouti's Ministry of Foreign Affairs and International Cooperation.
The purpose of the meeting was to negotiate a ceasefire and the resumption of humanitarian aid in Sudan. It was to be chaired by Djibouti’s President Ismail Omar Guelleh. However, the Sudanese Ministry of Foreign Affairs was informed about the postponement, citing the RSF delegation's inability to attend the scheduled talks. As a result, the meeting is now anticipated to take place in early January.
https://addisstandard.com/news-hemeti-arrives-in-addis-abeba-as-igad-backed-meeting-with-al-burhan-postponed/
General Mohamed Hamdan Dagalo, Commander of Sudan’s Rapid Support Forces (#RSF), made a significant visit to #Addis_Abeba, Ethiopia, today. Upon his arrival at Bole International Airport, he was warmly received by Deputy Prime Minister and Minister of Foreign Affairs, Demeke Mekonen.
This visit occurs amidst the postponement of a crucial meeting between #Sudan’s key military figures, General Abdel Fattah al-Burhan and General Mohamed Hamdan Dagalo, also known as Hemeti. The meeting, slated to be held in #Djibouti on 28 December, 2023, under the auspices of the Intergovernmental Authority on Development (IGAD), has been delayed due to "technical reasons," as confirmed by Djibouti's Ministry of Foreign Affairs and International Cooperation.
The purpose of the meeting was to negotiate a ceasefire and the resumption of humanitarian aid in Sudan. It was to be chaired by Djibouti’s President Ismail Omar Guelleh. However, the Sudanese Ministry of Foreign Affairs was informed about the postponement, citing the RSF delegation's inability to attend the scheduled talks. As a result, the meeting is now anticipated to take place in early January.
https://addisstandard.com/news-hemeti-arrives-in-addis-abeba-as-igad-backed-meeting-with-al-burhan-postponed/
Addis Standard
News: Hemeti arrives in Addis Abeba as IGAD backed meeting with al-Burhan postponed - Addis Standard
News: Hemeti arrives in Addis Abeba as IGAD backed meeting with al-Burhan postponed Addis Standard Politics -
#Somalia-#Somaliland: #Djibouti to host another crucial talk between the leaders of Somalia and Somaliland, President Hassan Sheikh Mohamud and President Muse Bihi Abdi, respectively. The two Presidents traveled to Djibouti today.
The leaders of Somalia and Somaliland last held a landmark summit on 15 June 2020, which was facilitated by the President of Djibouti Ismail Omar Guelleh and was attended by the leaders and high level representatives including from Ethiopia. In a joint communique released after the summit the two sides agreed, among others, to not impede non-political social engagement including cultural, academic, sports, and trade, in order to promote lasting peace and dialogue between Somalia and Somaliland.
Read more at: https://x.com/addisstandard/status/1740340555157004742?s=20
The leaders of Somalia and Somaliland last held a landmark summit on 15 June 2020, which was facilitated by the President of Djibouti Ismail Omar Guelleh and was attended by the leaders and high level representatives including from Ethiopia. In a joint communique released after the summit the two sides agreed, among others, to not impede non-political social engagement including cultural, academic, sports, and trade, in order to promote lasting peace and dialogue between Somalia and Somaliland.
Read more at: https://x.com/addisstandard/status/1740340555157004742?s=20
#Ethiopia: Gov’t to expand Public-Private Partnership scheme into the housing arena
The Ethiopian government is expanding its public-private partnership (#PPP) initiative to the housing sector! The PPP Office, operating under the Ministry of Finance, has launched a Request for Qualification (RFQ) to seek potential investors interested in participating in a large-scale affordable housing initiative. This project aims to construct approximately 80,000 mixed-use housing units across the nation.
The RFQ process will identify qualified private developers capable of executing this ambitious initiative. The first phase involves constructing over 3,600 units, with a focus on providing housing for the Federal Housing Corporation (#FHC) and employees of the Ethiopian Broadcasting Corporation (#EBC).
Successful developers will have the opportunity to submit detailed proposals for specific housing developments, potentially gaining eligibility for future housing projects in the government’s pipeline.
https://addisstandard.com/govt-to-expand-public-private-partnership-scheme-into-the-housing-arena/
The Ethiopian government is expanding its public-private partnership (#PPP) initiative to the housing sector! The PPP Office, operating under the Ministry of Finance, has launched a Request for Qualification (RFQ) to seek potential investors interested in participating in a large-scale affordable housing initiative. This project aims to construct approximately 80,000 mixed-use housing units across the nation.
The RFQ process will identify qualified private developers capable of executing this ambitious initiative. The first phase involves constructing over 3,600 units, with a focus on providing housing for the Federal Housing Corporation (#FHC) and employees of the Ethiopian Broadcasting Corporation (#EBC).
Successful developers will have the opportunity to submit detailed proposals for specific housing developments, potentially gaining eligibility for future housing projects in the government’s pipeline.
https://addisstandard.com/govt-to-expand-public-private-partnership-scheme-into-the-housing-arena/
Addis Standard
News: Gov’t to expand Public-Private Partnership scheme into the housing arena - Addis Standard
News: Gov’t to expand Public-Private Partnership scheme into the housing arena Addis Standard Business -
Op-ed: Hail Egypt! As she bids farewell to the GERD negotiations, Hail Egypt
In an Op-ed, Dejen Yemane Messele, a lecturer and Ph.D. candidate in Law, argues that #Egypt's withdrawal from the Grand Ethiopian Renaissance Dam (#GERD) negotiations is a significant moment for #Ethiopia, one that honors and upholds the nation's sovereignty. Messele contends that this move should be seen as a positive development, a chance for Ethiopia to assert its rightful management over the Nile waters without the constraints of external negotiations that have long been a stumbling block to the country's progress.
The op-ed emphasizes that Ethiopia should now abandon its 'confidence building' mantra and refrain from engaging in further discussions that do not serve its national interests. The writer suggests that Ethiopia, along with #Sudan, should follow Egypt's lead and bid farewell to the GERD negotiations, thereby avoiding the perpetuation of a colonial mindset that has historically disadvantaged the nation.
Furthermore, the writer points out that Egypt's claim to have 'guaranteed rights' under international charters to defend its water and national security is unfounded, as no such rights exist that would undermine Ethiopia's sovereignty over the Abay waters. The op-ed calls for Ethiopia to respond with gratitude to Egypt's decision to leave the negotiations, as it removes a significant barrier to the country's development and utilization of the GERD.
https://addisstandard.com/op-ed-hail-egypt-as-she-bids-farewell-to-the-gerd-negotiations-hail-egypt/
In an Op-ed, Dejen Yemane Messele, a lecturer and Ph.D. candidate in Law, argues that #Egypt's withdrawal from the Grand Ethiopian Renaissance Dam (#GERD) negotiations is a significant moment for #Ethiopia, one that honors and upholds the nation's sovereignty. Messele contends that this move should be seen as a positive development, a chance for Ethiopia to assert its rightful management over the Nile waters without the constraints of external negotiations that have long been a stumbling block to the country's progress.
The op-ed emphasizes that Ethiopia should now abandon its 'confidence building' mantra and refrain from engaging in further discussions that do not serve its national interests. The writer suggests that Ethiopia, along with #Sudan, should follow Egypt's lead and bid farewell to the GERD negotiations, thereby avoiding the perpetuation of a colonial mindset that has historically disadvantaged the nation.
Furthermore, the writer points out that Egypt's claim to have 'guaranteed rights' under international charters to defend its water and national security is unfounded, as no such rights exist that would undermine Ethiopia's sovereignty over the Abay waters. The op-ed calls for Ethiopia to respond with gratitude to Egypt's decision to leave the negotiations, as it removes a significant barrier to the country's development and utilization of the GERD.
https://addisstandard.com/op-ed-hail-egypt-as-she-bids-farewell-to-the-gerd-negotiations-hail-egypt/
Addis Standard
Op-ed: Hail Egypt! As she bids farewell to the GERD negotiations, Hail Egypt - Addis Standard
Op-ed: Hail Egypt! As she bids farewell to the GERD negotiations, Hail Egypt Addis Standard Politics -
African Union (#AU) pledges $1 million to support #Ethiopia's Ex-Combatant rehabilitation
The National Rehabilitation Commission (#NRC) has finalized a $1 million agreement with the African Union, earmarked for the rehabilitation of ex-combatants. The Ethiopia Broadcasting Corporation reported that the pact was endorsed by an African Union representative alongside Ambassador Teshome Toga, the National Rehabilitation Commissioner.
The African Union's contribution is intended to bolster Ethiopia's Disarmament, Demobilization and Reintegration (DDR) program, which was initiated as part of the Pretoria Peace agreement that ended the two-year war between the federal government and Tigray People's Liberation Front (#TPLF).
The NRC has previously announced the need for $850 million to facilitate the comprehensive rehabilitation process. Lulseged Belayneh, NRC's Communication and International Relations Director, noted that 371,971 ex-combatants from eight regions are registered for rehabilitation.
The National Rehabilitation Commission (#NRC) has finalized a $1 million agreement with the African Union, earmarked for the rehabilitation of ex-combatants. The Ethiopia Broadcasting Corporation reported that the pact was endorsed by an African Union representative alongside Ambassador Teshome Toga, the National Rehabilitation Commissioner.
The African Union's contribution is intended to bolster Ethiopia's Disarmament, Demobilization and Reintegration (DDR) program, which was initiated as part of the Pretoria Peace agreement that ended the two-year war between the federal government and Tigray People's Liberation Front (#TPLF).
The NRC has previously announced the need for $850 million to facilitate the comprehensive rehabilitation process. Lulseged Belayneh, NRC's Communication and International Relations Director, noted that 371,971 ex-combatants from eight regions are registered for rehabilitation.
#Kenya now makes U-turn on $2b #Eurobond buyback plan
Kenya’s National Treasury says it’s not keen on buying back part of the $2 billion Eurobond that matures in June 2024 citing investors’ ‘strong’ confidence in government’s fiscal policy stance.
“Buy back is one of the strategies for 2024 but doubt whether investors are willing to sell before maturity of the bonds,” Treasury Director of Debt Management Haron Sirma told The EastAfrican.
“It reflects strong investor confidence on government fiscal policy stance. You can’t force investors to sell.”
This means the government could fork out about Ksh19.66 billion ($135.6 million) in interest payment on the bond this fiscal year, going by the current exchange rate of Ksh145 per US Dollar.
The 10-year bond priced at 6.78 percent was issued in 2014 to fund infrastructure projects under the then Jubilee administration. https://www.theeastafrican.co.ke/tea/business/kenya-now-makes-u-turn-on-2b-eurobond-buyback-plan-4363218
Kenya’s National Treasury says it’s not keen on buying back part of the $2 billion Eurobond that matures in June 2024 citing investors’ ‘strong’ confidence in government’s fiscal policy stance.
“Buy back is one of the strategies for 2024 but doubt whether investors are willing to sell before maturity of the bonds,” Treasury Director of Debt Management Haron Sirma told The EastAfrican.
“It reflects strong investor confidence on government fiscal policy stance. You can’t force investors to sell.”
This means the government could fork out about Ksh19.66 billion ($135.6 million) in interest payment on the bond this fiscal year, going by the current exchange rate of Ksh145 per US Dollar.
The 10-year bond priced at 6.78 percent was issued in 2014 to fund infrastructure projects under the then Jubilee administration. https://www.theeastafrican.co.ke/tea/business/kenya-now-makes-u-turn-on-2b-eurobond-buyback-plan-4363218
The East African
Kenya now makes U-turn on $2b Eurobond buyback plan
This means the government could fork out about $135.6 million in interest payment on the bond this fiscal year.
#Ethiopia: Restoring a sight: The fight against Corneal Blindness in Ethiopia
In Ethiopia, corneal blindness remains a significant health challenge, impacting the lives of thousands across the nation. Tariku Hussein and Eden Teferi are among those who have faced this adversity. Tariku, who lost his sight at an early age, underwent a corneal transplant that marked a turning point in his life. The procedure enabled him to pursue his education further and secure employment, illustrating the profound difference such medical interventions can make.
Eden Teferi, similarly affected by impaired vision, persevered through her education and successfully obtained her medical degree. Her corneal transplant in 2022 marked a pivotal moment, allowing her to practice medicine and serve her community. These individual stories of perseverance and recovery highlight the critical work being done by the Eye Bank of Ethiopia and healthcare professionals dedicated to addressing corneal blindness.
Despite the successes, the demand for corneal transplants exceeds the available supply, and the country faces a deficit in trained corneal specialists. This gap underscores the need for increased donor awareness and improved medical training to ensure that more Ethiopians can access these life-altering procedures.
https://addisstandard.com/feature-restoring-a-sight-the-fight-against-corneal-blindness-in-ethiopia/
In Ethiopia, corneal blindness remains a significant health challenge, impacting the lives of thousands across the nation. Tariku Hussein and Eden Teferi are among those who have faced this adversity. Tariku, who lost his sight at an early age, underwent a corneal transplant that marked a turning point in his life. The procedure enabled him to pursue his education further and secure employment, illustrating the profound difference such medical interventions can make.
Eden Teferi, similarly affected by impaired vision, persevered through her education and successfully obtained her medical degree. Her corneal transplant in 2022 marked a pivotal moment, allowing her to practice medicine and serve her community. These individual stories of perseverance and recovery highlight the critical work being done by the Eye Bank of Ethiopia and healthcare professionals dedicated to addressing corneal blindness.
Despite the successes, the demand for corneal transplants exceeds the available supply, and the country faces a deficit in trained corneal specialists. This gap underscores the need for increased donor awareness and improved medical training to ensure that more Ethiopians can access these life-altering procedures.
https://addisstandard.com/feature-restoring-a-sight-the-fight-against-corneal-blindness-in-ethiopia/
Addis Standard
Feature: Restoring a sight: The fight against Corneal Blindness in Ethiopia - Addis Standard
Feature: Restoring a sight: The fight against Corneal Blindness in Ethiopia Addis Standard -