PM Abiy Confers with UNIDO Director GeneralPrime Minister Abiy Ahmed has met with United Nations Industrial Development Organization (UNIDO) Director-General, Li Yong today.

According to statement from Office of the Prime Minister, the Premier and Director discussed focusing on UN Industrial Development Organization’s continued support to strengthening integrated agro-industrial parks in Ethiopia.

The integrated-agro industrial parks are expected to transform the structure of the economy by ensuring agriculture productivity and value addition as well as strengthening the livelihoods of Ethiopian, the statement added.






PM Dr Abiy launches 50bln birr integrated community devt projectPrime Minister Dr Abiy Ahmed  this evening launched the La Gare integrated community development project in the capital Addis Ababa. The launching ceremony was held at around La Gare area, where the project will be executed on 360,000 square meters of land at a cost of 50 billion birr.

Senior government officials, including Deputy Prime Minister Demeke Mekonnen and Deputy Mayor of Addis Ababa Engineer Takele Uma, attended the ceremony.

It was noted that, the project will have 4,000 residences, 3 hotels, office buildings and other outdoor service areas.

The construction of the first phase of project will be finalized within three years. The project will take a total of seven year for completion.

The construction of the project will be carried out by Eagle Hills, an Abu Dhabi-based private real estate development company. The project is expected to create jobs for 25,000 people.

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President Sahlework receives Invest Africa1 business delegationEthiopia’s President Sahlework Zewde today received Invest Africa 1 international business delegation at the National Palace. During the talks, the President briefed the delegation about Ethiopia’s current political and economic reforms.

She also responded to questions raised by the delegation. The delegation also met yesterday with Minister of Finance, Ahmed Shide and Fitsum Arega, Commissioner of the Ethiopian Investment Commission (EIC).

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Dangote Cement Ethiopia PLCDangote Cement Ethiopia PLC (DCE) had contributed more than ETB 21.8 Million (USD 0.80 Million) for the different local communities, as its commitment towards Corporate Social Responsibility since its establishment.

Dangote Country Manager, Mr. Danilo Trugillo said that his company is committed to the preservation of the Environment impacted by its operations. The cement has remained steadfast and engaged in full implementation of these lofty ideals since commercial operations commenced March 2015.

Dangote Cement Ethiopia PLC puts a lot of efforts to help improve the economic conditions and daily standard of living in the host communities through provision of primarily direct and indirect employment for around more than 4,000 people, portable water, electrification, construction of roads, building of classrooms and school supplies, hospital rooms and facilities, ambulance, sports programs, trainings on health care and technical know-how, infrastructure support for cooperatives and police officers are worth mentioned.

DCE also constructed Cooperative Union Office in Inchini town to support sustainable programs of the local areas and for its workers. Many Cooperatives and Small & Micro Enterprises are partnering with the company and had benefited from vast job opportunities including the supply of some materials and services. Some of them are ‘Dhalootaaf, WiirtuuQeerransaa, OdaaTuutaa, Wliin Guddinaa and others.

Environmental management is always supported with modern technology facilities using a Baghouse device which is of almost less than 10 mg/Nc3 emission level. Green vegetation is also much preserved to keep the good balance with nature.

On top of that sustainability pillars are now officially launched all throughout the Dangote Group to make sure that all our Business Operations are fully aligned with the global Best Practices and norms, it was learnt.

Source: Public Relations Directorate


UK Reaffirms to Heighten Trade Investment Ties with EthiopiaUK reaffirmed its commitment to further heighten trade and investment relations with Ethiopia, according to United Kingdom Commissioner for Africa. President Sahlework Zewde conferred today with Commissioner for Africa, Emma Wade Smith in the national palace.

The two parties discussed on wide array of bilateral issues ranging from boosting industrialization to trade and investment opportunities in Ethiopia. Following the discussion, Commissioner Emma Wade Smith briefed journalists that UK companies have keen interest to invest in the areas of energy, mining, manufacturing and tourism in Ethiopia.

UK will work with Ethiopia to further augment its trade and investment ties through supporting UK’s companies to invest in the country, she added. Smith also appreciated the ongoing sweeping political and economic reforms and the introduction of gender parity in the cabinets, which she said “Ethiopia as a role model for other countries”.

President Sahilework Zewde said on her part that Ethiopia has a lot of investment opportunities including energy, mining, manufacturing, and tourism that can make benefit of UK companies.

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