80-member business, trade delegation from Pakistan arrives in Addis Ababa, Ethiopia
ADDIS ABABA, MAY 26 /DNA/ – A 80-Member Business and Trade Delegation from the Islamic Republic of Pakistan has arrived in Addis Ababa early on Sunday to explore business, trade and investment opportunities in the Federal Democratic Republic of Ethiopia (FDRE) for the five days. This is the second Business and Trade Delegation organized, coordinated and facilitated by the Ethiopian Embassy Islamabad within one and half year of its establishment in the Islamic Republic of Pakistan. A large number of giant businesspeople including industrialists and investors are the part of this Business and Trade Delegation and will stay in Addis Ababa from May 26th to May 31st, 2024 for business engagements including participation in the 6th International Manufacturing Trade Fair, Ethio-Pakistan Business Forum, B2B and B2G meetings, industrial parks visits, and cultural nights. The composition of the 2nd Business and Trade Delegation to Ethiopia is from across-sector that included agriculture and agro-processing, manufacturing, mining, tourism, ICT, fertilizer, chemicals, construction, pharmaceutical, surgical and other. The objectives of this delegations are to introduce extraordinary business, trade and investment opportunities and incentives in diverse economic sectors of Ethiopia to the delegation and establish a solid connection between the business community of the two countries for further solidifying the Ethio-Pakistan relations.
Source:Ethiopian News
May 26, 2024 17:42 UTC
AFRODAD demands debt justice on Africa Day – New Business Ethiopia
On Africa Day celebration, the African Forum and Network on Debt and Development (AFRODAD) recognizes the continent’s remarkable achievements in securing major positions to influence global economic, financial, and tax policies. However, AFRODAD also draws attention to Africa’s deepening debt entanglement, with debt levels having increased by a staggering 183 percent since 2010. African nations are now spending a total of$74 billion on debt service in 2024 alone, or a shocking $203 million in daily repayment terms. AFRODAD underscores that Africa is a net creditor to the world and has already paid its debtsthrough the exploitation of its economic resources by creditor nations and institutions. Urgent reform of the global debt architecture is imperative to equalize loan contraction processes, including the overhaul of debt sustainability frameworks and credit rating assessments.
Source:News Business Ethiopia
May 26, 2024 17:22 UTC
Tinubu’s Renewed Hope Agenda: First Year, Top Performers…
The areas of focus are on security, economy, jobs, agriculture, infrastructure, monetary policy and fuel subsidy. THEWILL notes that the consensus expectation is that President Tinubu will effect changes to his cabinet in the coming days. The second is the restoration of flights between Nigeria and the UAE through the diplomatic effort of President Tinubu. Looking ahead, he said, “In our next budget, we want to build a ‘Renewed Hope City’. Minister of Sports Development, John EnohMinister of Sports Development, John Enoh, is the 36th Minister of Sports.
Source:Ethiopian News
May 26, 2024 10:22 UTC
Black Jews sacrificed for white Jews: Israel sends Ethiopian Jews to be sacrificed in war!
AhlulBayt News Agency: It is quite known to the world that Israel is an Apartheid and racist regime and an example of this racist discrimination is being enforced towards the Falash Jews of an Ethiopian origin. The attraction of Jews of other countries to reside in the Occupied Palestine is among the most important missions of the Israeli regime. Most white Israelis do not consider Falash community as Jews, yet, their regime resorts to them in the toughest phases of the Israelis' life. According to the statistics, nearly 160 thousand Ethiopians are living in the Occupied Palestine as Israelis. The continuation of war in Gaza has caused numerous political and social crises inside "Israel" and Israelis have become certain that the Occupied Palestine is not a safe place.
Source:Ethiopian News
May 26, 2024 05:09 UTC
‘Pakistan keen on deepening ties with African nations’
ISLAMABAD: Additional Foreign Secretary Shehryar Akbar Khan on Saturday said Pakistan was committed to deepening its ties with African nations and transforming them into meaningful partnerships. Former senator Mushahid Hussain Syed said there was massive potential for growing economic and trade ties between Pakistan and African countries. He said the ICCI was all set to develop a ‘Sister Cities Economic’ nexus with the chambers of cities that have established sister city agreements with Islamabad. “We are also planning to invite all presidents of sister city chambers of commerce and industry in August to develop cooperation mechanisms,” Mr Bakhtwari added. Chairman Pakistan Africa Friendship Association (PAFA) and Secretary General United Business Group Zafar Bakhtawari underlined the need for air connectivity with African countries, especially Egypt and Morocco, for the promotion of tourism.
Source:Ethiopian News
May 26, 2024 02:31 UTC
Saudi authorities foil drug smuggling attempts in Jeddah, Hail, Jazan, Asir
Al-Rabeeah said that the total humanitarian assistance provided by Saudi Arabia to the WHO Regional Office for the Eastern Mediterranean exceeded $1.4 billion. He added that KSrelief recently announced a $500 million contribution to efforts to eradicate polio over the next five years. Al-Rabeeah urged all parties in conflict areas to ensure that relief aid providers are allowed to deliver aid in a safe and effective manner. Al-Rabeeah urged the international community to take decisive action to protect health facilities and humanitarian workers, and all authorities to abide by international humanitarian law. Al-Rabeeah emphasized the crucial role of international collaboration in ensuring that all people in need have access to humanitarian assistance and medical care.
Source:Ethiopian News
May 26, 2024 01:41 UTC
Kenyan Chebet smashes women's 10,000m world record
"For Paris, I'm going to double. But my target is to run 5000 first, then 10,000 comes second," she said. "Because this is my first 10,000 outside the country to run, and I'm so happy to run a world record."
Source:Ethiopian News
May 25, 2024 23:14 UTC
When femvertising backfires
THE rise of femvertising – using feminist ideals in advertising to promote products – has sparked debates about its role in empowering women. Originally hailed as a progressive step toward gender equality, femvertising has encountered complex challenges, particularly when campaigns are used in different cultural markets. Some argue that femvertising promotes individual empowerment through consumption, ignoring systemic inequalities, referred to as post-feminist ideology. Femvertising often targets middle and upper-class women, neglecting women of other classes, races, or sexuality. While the pitfalls of west-centric femvertising are significant, they don't render the practice of femvertising futile.
Source:Ethiopian News
May 25, 2024 23:06 UTC
Kenyan Athlete Chebet Smashes Women’s 10,000m World Record In Oregon
May 25, (THEWILL)- Beatrice Chebet, a 24-year-old Kenyan runner, smashed the women’s 10,000-metre world record at the Prefontaine Classic in Eugene, Oregon. She clocked an astonishing 28 minutes 54.14 seconds, shaving nearly seven seconds off the previous mark set by Ethiopian, Letesenbet Gidey, in 2021. Chebet dominated the race from start to finish, maintaining a blistering pace that left competitors trailing. “I just want to thank my management, my coach and everyone at home for their great support,” Chebet said. Ethiopian, Gudaf Tsegay, claimed second in 29:05.92, while fellow Kenyan, Lilian Kasait Rengeruk, took third in 29:26.89.
Source:Ethiopian News
May 25, 2024 21:05 UTC
Speakers call for promoting Pakistan, Africa economic ties
— Facebook/Islamabad Chamber of Commerce & IndustryIslamabad : Speakers at the Africa Day ceremony highlighted the potential of economic and trade growth between Pakistan and Africa, as well as Pakistan’s commitment to transforming ties into meaningful partnerships. Senator Mushahid Hussain Syed said that there is a massive potential for growing economic and trade ties between Pakistan and African countries. Pakistan is actively engaged in capacity-building programs, training diplomats, providing scholarships, and offering military training to African countries. Pakistan and Africa can unlock new opportunities for trade, investment, and partnership, ultimately contributing to the socio-economic development and prosperity of both regions. He also said that PAFA mulls to organise events to commemorate the national heroes of Africa countries like Nelson Mandela, Gamal Abdel Nasser, Ahmed Ben Bella, Habib Bourguiba and other.
Source:Ethiopian News
May 25, 2024 21:02 UTC
Saudi finance minister discusses current global economic outlook with French counterpart
The 24-year-old’s art is a vibrant tapestry of colors reflecting the diverse natural landscapes of her daily life in the city of Jazan. “Jazan, my hometown, is a treasure trove of heritage and natural wonders that stir my soul. Immersed in its rich nature, my artistic journey blossoms,” she told Arab News. Another painting, “Coffee Farms,” captures the essence of the famed coffee plantations nestled in the Bani Malik mountains of Jazan. This artwork was acquired by the deputy governor of the Jazan region, Prince Mohammed bin Abdulaziz bin Mohammed bin Abdulaziz,” she said.
Source:Ethiopian News
May 25, 2024 20:49 UTC