Chinese Firm Affluence Starts Producing Transformers in Ethiopia – Ethiopian Monitor
Affluence, a Chinese electronic equipment manufacturer, has officially begun producing transformers and digital meters in Ethiopia. Affluence Electric Appliances manufacturing Plc launched production from its newly built plant at Bahir Dar Industrial Park. The company set up the plant on a 5500 square meter shed that it acquired through lease contract with Industrial Parks Development Corporation (IPDC). The IPDC has announced today that the manufacturing plant is now producing various transformers and digital meters and supplying them to the Ethiopian market. Bahir Dar IP is among the three Industrial Parks that the IPDC manages in Amhara Region.
Source:Ethiopian News
May 31, 2024 01:43 UTC
Miami Gardens mayor says recent slate of shootouts aren't random
Miami Gardens police say they are gang related. Miami Gardens mayor says recent slate of shootouts aren't random Miami Gardens police say they are gang related. Be the first to knowGet browser notifications for breaking news, live events, and exclusive reporting. Not NowTurn On
Source:Ethiopian News
May 30, 2024 23:31 UTC
Athletics-Gebrhiwet just misses world record, Ingebrigtsen dives to win 1,500
"The time I achieved is very nice," said Gebrhiwet, who narrowly missed beating Ugandan Joshua Cheptegei's world record of 12:35.36. Ingebrigtsen, who had been beaten by British arch-rival Josh Kerr in the mile five days earlier in Eugene, lunged at the finish line to hold off hard-charging Kenyan Timothy Cheruiyot. "I really do not think that it was the decision I made to dive into the finish line, because everything just happened so fast," said Ingebrigtsen, who flashed a No. Jamaica's Jackson, the second fastest woman ever over the distance, finished fifth in 22.97, well off the 21.41 she clocked last season and slightly slower than her season-opener two weeks ago. Britain's Matthew Hudson-Smith won the men's 400m in 44.07 -- second fastest in the world this season -- to break his own European record.
Source:Ethiopian News
May 30, 2024 23:24 UTC
Boeing set to deliver plan to regulators on upgrading safety
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Source:Ethiopian News
May 30, 2024 22:27 UTC
Gebrhiwet just misses world record, Ingebrigtsen dives to win 1,500
"The time I achieved is very nice," said Gebrhiwet, who narrowly missed beating Ugandan Joshua Cheptegei's world record of 12:35.36. Ingebrigtsen, who had been beaten by British arch-rival Josh Kerr in the mile five days earlier in Eugene, lunged at the finish line to hold off hard-charging Kenyan Timothy Cheruiyot. "I really do not think that it was the decision I made to dive into the finish line, because everything just happened so fast," said Ingebrigtsen, who flashed a No. Jamaica's Jackson, the second fastest woman ever over the distance, finished fifth in 22.97, well off the 21.41 she clocked last season and slightly slower than her season-opener two weeks ago. Britain's Matthew Hudson-Smith won the men's 400m in 44.07 -- second fastest in the world this season -- to break his own European record.
Source:Ethiopian News
May 30, 2024 21:46 UTC
Richmond Food News: May 30-June 5
× Expand Feast on a bagel residency, our Best Bites, a celeb appearance and more of week’s Food News below. The family-owned business began in Roanoke and is complete with a cafe, restaurant and bar alongside the furniture offerings. (Richmond magazine)Bold and BrightIf you’ve dined in Richmond in the past decade or so, there’s a chance you’ll recognize Laura Lee’s server Ryan Harris. (Richmond magazine)Famous FruitWith an origin dating back to the early 1900s, the Wood’s Famous Brimmer Tomato is a local living legend. (Richmond magazine)A falafel-filled, tzatziki-tinged, 46-year-strong local tradition, the Richmond Greek Festival is upon us.
Source:Ethiopian News
May 30, 2024 21:04 UTC
Ethiopia and Pakistan Forge Investment Partnership
The Ethiopian Investment Commission (EIC) and the Sialkot Chamber of Commerce & Industry (SCCI) signed an agreement to establish a consortium of companies in Ethiopia. The signing ceremony, witnessed by Ethiopian and Pakistani ambassadors, signifies a significant step towards stronger economic ties between the two nations. The MoU paves the way for joint ventures, boosting bilateral trade and fostering new investment opportunities. EIC Commissioner Hanna Arayasellasie highlighted the country's welcoming investment environment, with government support for foreign businesses. Sharing his enthusiasm, Mr. Abdul Ghafoor Malik, President of SCCI, called the MoU a crucial step for a deeper economic partnership.
Source:Ethiopian News
May 30, 2024 20:41 UTC
U.S. designates Ugandan officials for significant corruption – New Business
The Department of State is publicly designating five current and former Ugandan officials for their involvement in significant corruption or gross violations of human rights. Speaker of Parliament Anita Among is designated due to involvement in significant corruption tied to her leadership of Uganda’s Parliament. Additionally, Peter Elwelu, former Deputy Chief of the Ugandan Peoples’ Defence Forces (UPDF), is designated due to his involvement in gross violations of human rights. As a result of these actions, the designated Ugandan officials are generally ineligible for entry into the United States. The Department is also taking steps to impose visa restrictions on multiple other Ugandan officials for undermining the democratic process and repressing members of marginalized or vulnerable populations in Uganda.
Source:News Business Ethiopia
May 30, 2024 18:26 UTC
Post uses photo from Ethiopia’s Tigray war to claim rebels recently surrendered in Amhara
Post uses photo from Ethiopia’s Tigray war to claim rebels recently surrendered in AmharaMisinformation surrounding the ongoing armed conflict in Ethiopia's troubled Amhara region is rife, with supporters of both the government and rebels claiming victories over one another. A photo shared on Facebook allegedly shows Amhara rebels who surrendered to the Ethiopian army. However, this is misleading: the photo shows rebels surrendering, but in the Tigray region during the regional war that ended in 2022. Shewa is a zone in the Amhara region, while Asegid and Meketaw are Fano leaders from the area. However, the photo does not show rebels in the Amhara region who have surrendered to the army.
Source:Ethiopian News
May 30, 2024 15:31 UTC
Ethiopian launches online certification system for trade in agricultural commodities
Ethiopia has embarked on a transformation of its agricultural sector by launching the development of Integrated Export and Import Certification System (IEICS), also known as the e-Phyto system. This digital initiative, a collaboration between the Ethiopian Agricultural Authority (EAA), and TradeMark Africa (TMA), aims to streamline the trade process for agricultural exports and imports. The e-Phyto system, poised to replace archaic manual and paper-based certification processes, represents a significant leap forward for Ethiopia’s agricultural sector. Through seamless integration with international phytosanitary certificate systems, the e-Phyto system will provide end-to-end paperless services for both import and export certification, from application submission to certificate issuance. Ethiopian Agricultural Authority (EAA) Deputy Director and Head of Ethiopian NPPO, Ato Wondale Habtamu, expressed that the Ethiopian agricultural sector’s transition to an e-Phyto system aligns with global trends towards more sustainable and inclusive economic practices.
Source:Ethiopian News
May 30, 2024 15:23 UTC
EIC, SCCI agree to establish consortium of companies in Ethiopia
The MoU was signed by Abdul Ghafoor Malik, President SCCI and Hanna Arayaselassie, Ethiopian Investment Commissioner. Jemal Beker Abdula, Ambassador Extraordinary and Plenipotentiary of Ethiopia to Pakistan and Atif Sharif Mian, Ambassador of Pakistan in Ethiopia witnessed the signing ceremony. This significant agreement lays the groundwork for enhanced bilateral trading cooperation between the business communities of Pakistan and Ethiopia through joint ventures. The signing ceremony marked a pivotal step in fostering stronger economic ties and exploring new investment opportunities between the two nations. She assured the Sialkot Chamber’s President that the Ethiopian government provided full protection to foreign investment, and also facilitated foreign investors in all-possible ways.
Source:Ethiopian News
May 30, 2024 15:04 UTC
Ethiopian Toll Roads Enterprise Collects Birr 748 Million in Nine Months
Ethiopian Toll Roads Enterprise (ETRE) announced impressive results for the first nine months of the 2023/24 fiscal year. It collected over Birr 748 million Birr in tolls from more than 8.4 million vehicles traveling on their three highways. ETRE's performance included Birr 75.6 million earned from miscellaneous income and a pre-tax profit of Birr 415 million, reflecting a 29% increase compared to the same period last year. Currently, over 30,780 vehicles use ETRE roads daily. Sentayehu Mekonen acknowledged challenges such as resource theft, reduced night traffic due to safety concerns, and rising maintenance costs.
Source:Ethiopian News
May 30, 2024 14:39 UTC
EIC, SCCI Agree To Establish Consortium Of Companies In Ethiopia
The MoU was signed by Abdul Ghafoor Malik, President SCCI and Hanna Arayaselassie, Ethiopian Investment Commissioner. Jemal Beker Abdula, Ambassador Extraordinary and Plenipotentiary of Ethiopia to Pakistan and Atif Sharif Mian, Ambassador of Pakistan in Ethiopia witnessed the signing ceremony. This significant agreement lays the groundwork for enhanced bilateral trading cooperation between the business communities of Pakistan and Ethiopia through joint ventures. Abdul Ghafoor Malik expressed his enthusiasm about the collaboration, stating, "This MoU represents a crucial step towards a deeper economic partnership between Pakistan and Ethiopia. The SCCI delegation's stay in Ethiopia has been marked by a series of productive engagements aimed at exploring various investment avenues and strengthening economic ties.
Source:Ethiopian News
May 30, 2024 14:13 UTC
Financing loan for Ethiopia, South Sudan cross-border highway tabled to South Sudan parliament
South Sudan-Ethiopia cross-border highway Photo: Eyeradio.orgAddis Abeba – Ruben Madol Arol, South Sudan’s Minister of Justice and Constitutional Affairs, presented a financing agreement signed between Ethiopia and South Sudan to the latter’s national parliament on Wednesday. It was initially signed by South Sudan’s President Salva Kiir Mayardit in 2023. Minister Ruben told South Sudan’s Transitional National Legislative Assembly that the the agreement, signed on May 18, 2023, Ethiopia and South Sudan, “designates South Sudan as the borrower and Ethiopia as the financier,” local media quoted him as saying. “In terms of crude oil payment, the borrower will repay the equivalent amount on the due date or in cash. The loan repayment will be determined based on the price difference between the Arab Gulf and the delivery date of crude oil.
Source:Ethiopian News
May 30, 2024 14:08 UTC