The longstanding friendship and cooperative relationship between Ethiopia and Morocco is moving to new levels of practical cooperation, from the political to the economic sphere of partnership, with the two day state visit of King Mohammed VI of Morocco to Addis Ababa last weekend. The talks between King Mohammed VI and Prime Minister Hailemariam Dessalegn underlined the interest of both countries to move into the realm of practical economic cooperation, making development and mutual interest the core element of bilateral relations. The practical application of the new cooperative partnership between the two countries was exemplified by the signing of a…
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The 4th Afro-Arab Summit took placed in Malabo, Equatorial Guinea on Wednesday this week (November 23) this week under the theme: “Together for Sustainable Development and Economic Cooperation”. The Summit was preceded by the meeting of the Afro-Arab Joint Council of Ministers of Foreign on Monday, in a joint opening session with Afro-Arab Ministers of Economy, Trade and Finance. The one-day Joint Council Meeting considered the Recommendations of the Afro-Arab Senior Officials Meeting, held last week, the Progress Report on the Implementation of the Initiatives of the Emir of Kuwait on Investment and Development announced during the 3rd Afro-Arab Summit,…
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An International Monetary Fund (IMF) team visited Nairobi from November 14–21 to hold discussions on the 2016 Article IV Consultation and carry out the first review of the Staff-Monitored Program. Discussions covered recent economic developments including: near-and medium-term outlook; economic risks; reforms at the Central Bank of Somalia; and policies to sustain growth and revive the financial sector. A statement issued at the end of the Mission said: “The IMF Executive Board concluded the first Article IV Consultation with Somalia since 1989 in July 2015. At the request of the Federal Government of Somalia (FGS), the IMF’s Managing Director approved…
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The 31st Ethiopia-Kenya Joint Border Administrators and Commissioners’ Meeting took place in Mombasa on Wednesday (November 23) with more than 60 Ethiopian and Kenyan officials participating. Kenya’s Interior Cabinet Secretary Joseph Nkaissery led the Kenyan delegation and Ambassador Girma Temesgen, Director General for Neighboring Countries and IGAD Affairs in the Ministry of Foreign Affairs, headed the Ethiopian delegation. Ethiopia’s Ambassador to Kenya, Ambassador Dina Mufti was also present. The meeting reviewed the decisions of the 30th Joint Border Administrators and Commissioners’ meeting held in Hawassa in Ethiopia last year. It discussed implementation mechanisms and developed action plans to deal with…
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The United Nations Security Council held an open debate on Water, Peace and Security on Tuesday this week (November 22). The debate, open to non-members of the Security Council was called by Senegal, this month’s Council President. It was the first such debate the Security Council has held on this topic, and according to the concept note given by Senegal disputes over water could lead to confrontations in future in the same way that disputes over oil and land have led to conflicts in the past. The debate was intended to provide an opportunity to showcase successful experiences and mechanisms…
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The twenty-second session of the Conference of the Parties (COP 22) to the UNFCCC and the twelfth session of the Conference of the Parties serving as the Meeting of the Parties to the Kyoto Protocol, (CMP12), or the Marrakech Climate Change Conference, opened on Monday, November 7, in Marrakech, Morocco. COP22 is also being called the “COP of Action” as it will focus on implementing the climate change agreement concluded in Paris at COP21 in 2015, and reached implementation level on November 4. In her opening remark, Ms. Segolene Royal, the President of COP21 in Paris, underlined that, “the rapid…
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Ethiopia among top 10 countries for travel in 2017: lonely planet. With its own calendar (where else can you get 13 months of sunshine?), timekeeping, script, language, cuisine, church and coffee, Ethiopia is as exotic as countries come. And whether you’re trekking through the Simien Mountains to witness wildlife that roams nowhere else on Earth, climbing to a church carved into a remote cliff face in Tigray or boating across the serene waters of Lake Tana to visit an age-old monastery, you’ll be overwhelmed by the beauty of the landscape. In 2017 new airline links will make the country more…
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GCAO: Ethiopian troops under AMISOM will continue carrying out their mission Ethiopian Government Communication Affairs Office Minister Getachew Reda on Wednesday (October 26) said Ethiopian troops under AMISOM will continue carrying out their mission in Somalia, while also noting that troops who are not under AMISOM are leaving some parts of Somalia assuming that the international community and the Somalia National Army would fill the gap. He added Ethiopian troops under AMISOM are on their regular duties, and the country will continue to step up its effort to bring about peace and stability in Somalia. The Minister however stressed the…
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Ethiopia sprints ahead from 103rd to 66th largest economy in the world. According to a report in the Financial Times, in 2020, Ethiopia is set to be the 66th world largest economy, up from 103rd in 2005, overtaking countries like Kenya, Guatemala, and Bulgaria. Ethiopia’s economy has been expanding at an average annual rate of 10 per cent in the 12 years to 2016 and growth is expected to remain strong in the years ahead, supported by higher agricultural production, and large public sector and foreign direct investment, the report added.
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EU announces ov€22 mln assistance for Ethiopia to respond to El Niño impact. The European Union (EU) has announced new actions to respond to the El Niño and food security crisis in the Horn of Africa. Four new actions worth 66.5 million Euros will be funded under the EU Emergency Trust Fund for Africa to address the destructive impacts of the El Niño phenomenon in the Horn of Africa region, such as floods and droughts. This package of development assistance focuses on the four countries that are most severely hit by El Niño and that are experiencing food insecurity: Ethiopia…