Ethiopia News Archives - Page 10 of 11

17Aug

By Eden SahleNo Comments

African News, Ethiopia News

10 Things You Must Experience in Ethiopia

Ethiopia imbeds cross-cultural civilizations from North Africa, Sub-Saharan Africa and the Middle East. Gifted with unique historical wonders and pleasant hospitality, Ethiopia offers adventurous exploration opportunities. Ethiopia’s landscape and weather conditions makes it impressive. It has twelve months of sunshine where you can have a yearlong getaway. 1. As a place of incredible diversity and ancient civilization, Ethiopia creates a chance to interact with the local community and witness the lifestyle of the people unique from the rest of the world. 2. Ethiopia’s long history and its diverse ethnic groups resulted in a culinary variety of blended indigenous ingredients that create a wide range of exclusive healthy cuisines. The dishes consist of vegetables and meat served in a for...

14Feb

By Africa BusinessNo Comments

Top 7 business destinations in Africa

Africa's leading online hotel booking platform reveals top 7 business destinations It’s pretty hard to miss the buzz that has been on about the African economy, with large markets and a huge consumer market-base, Africa has become one of major hub of business in the world. The African continent is deemed the world’s fastest growing with 5 to 6 % growth rate for the several years. With a steadily growing population (it is predicted that a quarter of the population will be African in 2050), this renewed attraction to Africa is rather well-needed as it creates a two-way chain to both Africa and the companies as they are able to take advantage of the large markets available in Africa to boost their goals. Jovago brings you these top 5 business destinations because they particular...

6Nov

By Africa BusinessNo Comments

African News, Ethiopia News

The 5th African Private Sector Forum gets underway under the theme “The Role of Private Sector in Promoting Investment and Agro-Industry in Africa”

ADDIS ABABA, Ethiopia, November 6, 2012/African Press Organization (APO)/ – The 3 day 5th African Private Sector Forum was launched today in Abidjan, Cote d’Ivoire with strategic aims to promote investment and trade through partnerships and joint ventures between the African Union Commission’s (AUC) Member States, the Middle East and the world at large in key sectors such as infrastructure development, transportation, telecommunication amongst others. Held under the theme “The Role of Private Sector in Promoting Investment and Agro-Industry in Africa”, the annual Forum will bring the African and Arab business communities on one platform to explore business opportunities, focusing primarily on how the private sector actors from both regions can forge sustainable partnerships with a v...

31Oct

By Africa BusinessNo Comments

African News, Democratic Republic of the Congo, Ethiopia News, Kenya News, Rwanda News

Kagame opens African Economic Conference, calls for models that respond to local needs

ADDIS ABABA, Ethiopia, October 31, 2012/African Press Organization (APO)/ – Rwandese leader, President Paul Kagame today in Kigali opened the 7th African Economic Conference, calling it an opportunity for leading African economists to look beyond purely economic factors for solutions to Africa’s developmental problems. Convened by the Economic Commission for Africa, (ECA), the African Development Bank, (AFDB) and the United Nations Development Programme (UNDP), the three-day conference is focusing on the theme Inclusive and Sustainable Development in an Age of Economic Uncertainty, according to ECA’s Information and Communication Service. He said that analysts might point to issues of governance and lack of sufficient transformational leaders but “the real problem is that our...

23Oct

By Africa BusinessNo Comments

African News, Ethiopia News

Dr.Hauschka Establishes NEW Fair Trade Initiative in Ethiopia

Sourcing Organic Damask Rose Essential Oil NEW YORK, Oct. 23, 2012 /PRNewswire/ -- Dr.Hauschka Skin Care is proud to announce their support of the Terra PLC Damask Rose Farm, a new fair trade initiative in Ethiopia. Dr.Hauschka Skin Care manufacturer WALA Heilmittel is helping to create a self-reliant and economically sustainable community by establishing a biodynamic resource for Damask rose essential oil, a key ingredient in the Dr.Hauschka range. (Photo: http://photos.prnewswire.com/prnh/20121023/NY98241) Seven years ago, Dr.Hauschka Skin Care provided Ethiopian farmer Fekade Lakew with rose cuttings and introduced him to a consultant to train and advise on biodynamic cultivation methods. In 2012, Lakew distilled his first batch of rose essential oil and initiated ...

23Oct

By Africa BusinessNo Comments

African News, Ethiopia News

Boeing, Ethiopian Airlines and Seattle Anesthesia Outreach Join Together for first 787 Dreamliner Humanitarian Flight

- 20,000 pounds of humanitarian aid loaded on Ethiopian Airlines' third Dreamliner EVERETT, Wash., Oct. 23, 2012 /PRNewswire/ -- Boeing (NYSE: BA) joined with Ethiopian Airlines and Seattle Anesthesia Outreach (SAO) to deliver approximately 20,000 pounds (9,000 kilograms) of medical supplies to Ethiopia's largest hospital. The delivery was made to Black Lion Hospital using Ethiopian's third 787 Dreamliner, marking the first time a Dreamliner has been used as part of Boeing's Humanitarian Delivery Flights program. "Ethiopian Airlines is one of Boeing's most active partners in our Humanitarian Delivery Flights program," said Liz Warman, director of Boeing Global Corporate Citizenship for the Northwest region. "Our two companies have a long history together not only buying and se...

17Oct

By Africa BusinessNo Comments

Burkina Faso News, Ethiopia News, Niger News, Tanzania News

Makers of Plumpy’nut® to Invest $5.8 Million in African Companies to Fight Severe Acute Malnutrition Through Local Suppliers

French food manufacturer to significantly increase its total investment since 2005 to support sustainable food production systems MALAUNAY, France, Oct. 17, 2012 /PRNewswire-USNewswire/ -- Nutriset, the inventor and manufacturer of Plumpy'nut® – the highly fortified peanut-based paste that revolutionized the treatment of severe acute malnutrition (SAM) – today announced the company will contribute an additional $5.8 million over the next two years to combat severe acute malnutrition in the developing world and especially in the Sahel region of Africa. Announced during the Borlaug Dialogue in Des Moines in conjunction with the awarding of the 2012 World Food Prize, Nutriset's $5.8 million commitment will go to members of the PlumpyField® network, a network of locally based private manufactu...

8Oct

By Africa BusinessNo Comments

African News, Ethiopia News

Polaris to Implement Intellect Quantum Core Banking Solution in National Bank of Ethiopia

ADDIS ABABA, Ethiopia and CHENNAI, India, October 8, 2012/PRNewswire-FirstCall via African Press Organization (APO)/ — Ethiopian Central Bank chooses Polaris’ Intellect Quantum CBS specifically designed for Central banks Polaris Financial Technology Ltd (POLS.BO), a leading global Financial Technology Company, today announced that National Bank of Ethiopia, an important Central Bank in the African continent, has chosen to implement Polaris’ next-generation Intellect(TM)Quantum Core Banking Solution (CBS) for Central Banks. Polaris’ Quantum CBS will be National Bank of Ethiopia’s new core banking system, comprising Core Banking, General Ledger, Trade Finance, Treasury and Enterprise Reconciliation. The future-ready core banking system will support the Central Bank with a comprehen...

22Jul

By AfricaBusiness.comNo Comments

African News, Algeria News, Egypt News, Ethiopia News, Mauritius News, Nigeria News, South Africa News, Zambia News

Africa to gear up for more meaningful engagement with China

The partnership with China should aim to boost Africa's overall capacity, competitiveness and trade in a way that supports African development. African nations must use the Forum on China-Africa Cooperation to complement the continent's regional institutions and policy agenda. This is according to a report by Standard Bank Group economists Jeremy Stevens and Simon Freemantle ahead of the fifth Forum on China-Africa Cooperation (FOCAC) in Beijing, China, that starts on 19 July 2012. Jeremy Stevens, Standard Bank Group's Beijing-based economist, says that the summit comes at a time when China is distracted by domestic economic challenges and political matters. Meanwhile Africa is now even more reliant on China, in particular Chinese demand for African commodity exports, but even ...

20Jul

By Sanday Chongo KabangeNo Comments

African News, Ethiopia News, Ghana News, Kenya News, Nigeria News, South Africa News

Ethiopian Airlines buys additional plane for US$276 million

By Sanday Chongo Kabange (ABN) HONG KONG - Ethiopian Airlines has ordered an additional 777-200LR aircraft valued at US$276 million from Boeing, bringing the number of similar planes to six. The Addis Abba-headquartered carrier is to add an additional aircraft to its fleet, less than two months after two plane crashes in Ghana and Nigeria notched up the question of aviation safety in Africa. The 777 is Boeing's second-biggest plane, with 321 seats as flown by Ethiopian Airlines, which already has five of them. "The 777-200LR has been a fantastic airplane for Ethiopian Airlines," Tewolde Gebremariam, Ethiopian Airlines chief executive said in a news release. “This additional airplane will let us take full advantage of the performance and economics of this great airplane." The 777-200...