Ethiopia confirms legal teff 'war' with Dutch company over patent. Ethiopia government is set for a legal battle in respect of patent rights for teff – an African grass economically important as a cereal grass.
Teff, famed for yielding white flour of good quality is at the center of a patent war between the government and a Dutch company. Speaking on the issue, Ftism Arega; a former Chief of Staff of the Prime Minister and Commissioner of the Ethiopian Investment Commission wrote on Twitter: “I looked into the Teff patent issue. “It is an issue of our inability to own our national assets in the international legal system.
I’m told Federal Attorney General office is looking into it-to hire international intellectual property lawyers. We need to defend it!” The produce also serves as forage and hay. For centuries, millions of Ethiopian farmers have depended on the growing of teff which is native to the country. DYK? Ethiopia's Prime Minister, Abiy Ahmed Earns $300 Salary Per Month. The pace of change in Ethiopia has been so fast since Abiy Ahmed became prime minister in April that it is almost like observing a different country.
The reforms he has introduced were unthinkable not so long ago. The government seemed impervious to criticism from human rights groups that the state stifled free expression, sidelined and imprisoned opposition leaders and cracked down on protests. It also appeared steadfast in its disagreement with a border commission ruling that was meant to end the two-decade conflict with neighbouring Eritrea. But all that has changed. On a salary of just $300, Abiy Ahmed’s Mission as Prime Minister in Ethiopia is not to amass wealth but to overhaul the economic model of his country.
“I work seven days a week for $300 a month,” says Abiy Ahmed Ali from Menelik Palace, the Prime Minister’s official headquarters in the centre of Addis Ababa. “I am not getting rich, but I am not corrupted. To get this right, you have to lead by example. Ethiopia takes land back from 95 investors, including a Saudi billionaire. Ethiopia has revoked a total of 412.6 hectares of land held by investors, including Ethiopian-born Saudi billionaire Mohammed Hussein al-Amoudi for failure to create jobs and develop the city, as promised when the lands were awarded to them, head of Addis Ababa Land Bank Tesfaye Tilahun told the Voice of America.
The investors had promised to create jobs for the youth and develop Addis Ababa by building industries, hotels, a media center and other complexes in the busy city which has over 4 million residents. “All they did was make a fence around thousands square feet of land and left it for years. That is all they did. Instead of building the city, they gave the city a bad image, making it a place of waste collections,” said Tilahun, while explaining why 95 individuals and businesses lost their licenses. This week alone, 19 Ethiopian government agencies and 18 companies related to African diplomats or governments also had their licenses revoked.
Ethiopia Already Is the ‘China of Africa’ Will Ethiopia become “the China of Africa”?
The question often comes up in an economic context: Ethiopia’s growth rate is expected to be 8.5 percent this year, topping China’s projected 6.5 percent. Over the past decade, Ethiopia has averaged about 10 percent growth. Behind those flashy numbers, however, is an undervalued common feature: Both countries feel secure about their pasts and have a definite vision for their futures. Both countries believe that they are destined to be great.
Consider China first. This early history meant China was well-positioned to quickly build a modern and effective nation-state, once the introduction of post-Mao reforms boosted gross domestic product. Ethiopia among 17 economies to grow faster than China - PwC - Journal du Cameroun. Published on 03.01.2018 à 18h21 by APA News Share Ethiopia is among the 17 economies that will grow faster than China in terms of Purchasing Power Parity (PPP) in 2018, according to projections of PricewaterhouseCoopers (PwC) Global Economy Watch.The other countries include India, Ghana, and the Philippines, New Telegraph reported.
PricewaterhouseCoopers is a multi-national professional services network headquartered in London, United Kingdom. It is the second largest professional services firm in the world, and is one of the Big Four auditors along with Deloitte, EY and KPMG. Ethiopia Won’t Rely on Others to Launch Satellite says PM. July 13/2017 - Voice of Africa. 14.07.2017-Addis Ababa/ Prime Minister Hailemariam Dessalegn said Ethiopia will not rely on any country to launch its own satellite, which would be instrumental in speeding up the overall economic growth.
Hailemariam said at the first ordinary meeting of the Ethiopian Space Science Technology Council on Wednesday, satellite launching programs of the country need to be considered differently when it comes to financial assistance. Hailemariam, who is the Chairperson of the Council, said Ethiopia will develop and launch its own satellite technology by itself.
The Council that discussed on the proposed 12-year plan for the area, agreed on the need first to formulate policy and strategy that would guide the development of space science technology in Ethiopia. To realize this, the Council has agreed for the establishment of a technical committee to monitor the progress. Africa: Ethiopia - Ideal Investment Spot in Africa. Photo: Addis Fortune As car decor sales rise in Addis Abeba, it seems that for car decoration shops business is booming. editorial Foreign Direct Investment (FDI) has been steadily growing in Ethiopia due to the various incentives both federal and regional governments offer to investors.
The incentives include tax holidays, improved bureaucracy and infrastructure development. Ethiopia: Over half a billion of foreign investment entered in last three months. Ethiopia opens Africa's largest industrial park. Ethiopia’s youth benefit from agriculture jobs says Mo Ibrahim Foundation's "Tipping Point" report — Quartz. In January, Ethiopia became the latest African nation to look skyward and declare its ambitions in space.
The country’s ministry of science and technology announced that it will launch a satellite into orbit in three to five years to better develop its weather-monitoring capabilities. This follows the 2015 launch of a privately-funded, multi-million dollar astronomical observatory in the Entoto hills overlooking Addis Ababa—the only one of its kind in the region. News of the satellite and the observatory drew criticism in a nation that is still developing and currently struggling with a drought. But that’s unlikely to curb the country’s space ambitions. “They call us crazy because they think we’re [only] exploring outer space and gazing at the stars,” Abinet Ezra of the Ethiopian Space Science Society told the Guardian.
That bigger picture is a realization among African countries of the value space technology holds for economic development, job creation—and military aspirations. Ethiopia and Gulf Countries Trade Relations Flourishing. By Bilal Derso Realizing the objective reality of Gulf countries (Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates), it is important to utilize the region's huge trade opportunities and obtain market for our exports.
Most of the Gulf countries are reliant on food imports due to unfavorable climatic conditions, poor soil and low water supply. Ethiopia's largest economic partner in the region and the third biggest export destination, Saudi Arabia, for instance, imports around 80 percent of its food requirements from foreign countries and has set plan to stop producing wheat and other agricultural items in the near future. On average, the GCC (Gulf Cooperation Council) countries are importing 90 percent of food products. Qatar topped the GCC independence on foreign imports at 97 percent, followed by Bahrain at 92 percent, Kuwait 91 percent and the UAE and Oman at 89 percent each, World Bank's report indicated. Ethiopia is on a path to become Africa’s China in more ways than one - OPride.com. (OPride) — Ethiopia’s dream to be the next China is becoming true.
As Beijing rapidly expands its global footprints, its overseas national interests have to be protected. This is why China is already moving away from its traditional hands-off approach — a policy of non-interference in state’s domestic affairs — to become one of the global influencers of our time. China’s paradigm shift is more evident in Africa than anywhere else as Beijing continues to deepen its presence on the continent. A closer examination of China’s bilateral relations with Ethiopia makes this point clear. Ethiopia: Why Foreign Investment Is Still Flowing to Ethiopia.
Photo: Filippo Jean | Wikipedia Designed by Arturo Mezzedimi and inaugurated in 1961 by H.I.M. Emperor Haile Selassie, the historic Africa Hall is one of Addis Ababa's landmarks. opinionBy Henok Assefa By all accounts, Ethiopia has had a tough year. The effects of El Nino were deeply felt across the country. Nevertheless, the Ethiopian Investment Commission (EIC) announced that more than half a billion dollars in Foreign Direct Investment (FDI) entered the country in the last three months.
Ethiopia Joins Megadiverse Countries. By Desta Gebrehiot The Ministry of Environment, Forest and Climate Change announced that Ethiopia has joined megadiverse countries' list after unanimously approved by the high level megadiverse countries meeting held on the sidelines of UN Biodiversity Conference held December 2-17, 2016 in Cancun, Mexico. The decision to recognize Ethiopia as megadiverse country came following its official request in 2014. Minister Dr. Gemedo Dale told a press conference yesterday that it is no surprise for Ethiopia to be considered as megadiverse country given its huge and endemic plant, mammal, bird, reptiles and amphibian species.
Dr. Despite the recognition, Dr. Ethiopia: Nation Advancing Dairy Farm to Increase Foreign Currency. By Yohanes Jemaneh Ethiopia is encouraging investment in meat and meat product export as part of effort to increase hard currency earning. Last week, a two-day tour to major abattoir investment at Dukem, Modjo, Zeway and Adami Tulu of Oromia State has taken place organized for media partners by Ethiopian Meat and Dairy Industry Development Institute that flickers a gleaming hope that the nation is on the right track to utilize its livestock potential.
Interview: Ethiopian PM Hailemariam Desalegn on economy and power production. Ethiopia’s Boom Times. Our new issue, “Between the Risings,” is out now. To celebrate its release, international subscriptions are $25 off, and limited prints of our Easter 1916 cover are available. Ethiopia: Egyptians to Invest in Pharmaceutical Sectors. By Abebe Woldegiorgis What makes the seminar special is professionals and pertinent stake holders come together for discussion with common objectives focusing on pharmaceutical and medicinal business Relations between Ethiopia and Egypt dates back to many centuries. Though the two countries relation was overshadowed by divergent interests, the on-going business and trade relations is defusing the past mistrust and glimpse of hope is in insight which benefit the two countries. In a press conference held yesterday, the Egyptian Embassy announced that a seminar organized by Embassy Commercial Office and the Egyptian Export Council for Medical Industries will be held February 26, 2016 here in Addis.
According to El Zomar, the seminar will be attended by Health Ministers of Ethiopia and Egypt as well as Ambassadors of the two countries. Kenya: Ethiopia is Welcoming the Investors Kenya Has Frustrated. OpinionBy Bitange Ndemo. African Leadership Academy to Be Opened Here. By Daniel Beyene The new African Leadership Academy under the auspices the African Union (AU) would be opened next April here in Addis. AUC Administration and Human Resource Management Director Amine Idriss told journalists yesterday that the academy is set to bring about the desired quality in decision making process of the Union as well as to upgrade project and program management skills of AU staff and African civil servants as a whole.
Ethiopia: Unrest continues in Oromia, largest coffee producing region; rising instability could impact markets. Posted: Amajjii/January 20, 2016 · Finfinne Tribune | Gadaa.com | Comments. Why Ethiopia is making a historic ‘master plan’ U-turn. Ethiopia to become Africa's major economic power by 2050-UN. Copyright : APA. PM - Fifteen million people facing food shortages in Ethiopia 25/01/2016. TIM PALMER: It's being called a "code red emergency" by aid groups, yet the international response to the drought in Ethiopia has been criticised as ponderous Fifteen million people in the east African country are believed likely to face food shortages this year.
The UN says the strongest El Niño climate system in decades has decimated livestock herds and caused crops to fail. Imogen Brennan reports. Harrowing pictures from Ethiopia as 10 million people face hunger following worst drought in 50 years. Ethiopia's new proposal sets to transform economy. Ethiopia growth at 10% during past decade. Ethiopia heading for middle-income status by 2025. The World Bank has said that Ethiopia has overtaken other low income and Sub-Saharan African countries thanks to a unique focus on promoting agriculture and industrial development with a strong public infrastructure drive.
Ethiopia: More Than 10 Million Jobs Provided During the First Growth and Transformation Plan - allAfrica.com. Rising from the ashes: 10 astonishing facts on Ethiopia's turnaround, how it did it, and the unseen forces driving growth. TWENTY years ago, Ethiopia had just adopted a new constitution, billed as a fresh start for a country that desperately needed one. It had just become the world’s most populous landlocked country when Eritrea’s independence in 1993 cost it valuable access to the sea. Being landlocked is costly to a country politically, militarily and with respect to international trade and economic security, but even that wasn’t the big ghost haunting the Horn of Africa nation.
Ethiopia had come to be synonymous with famine and poverty, following the brutal 1984-85 famine that killed an estimated 400,000 people, with the desperate images beamed all around the world. Even in 1995, food shortages were still common, according to records by the United Nations Development Programme (UNDP). Ethiopia-africa-s-giant-on-the-rise-1.1890830# Bloomberg Pedestrians cross a road near a billboard advertising Johnnie Walker whiskey in Addis Ababa, Ethiopia. The writer says the country is a mix of contradictions as it combines the very modern with a determination to stay stuck in time. Ethiopia’s development is mostly people-driven - Special Reports. Ethiopia's Geographic Challenge. Ethiopia's Economy To Grow 10.5 Percent In 2015/16. Ethiopia predicts record $1.5bn overseas direct investment in 2015.
Ethiopia Invest $240 Million On Road Construction. Ethiopia hopes to export gas by 2017 Anadolu Agency. Untitled. Ethiopia: Ambitions to become a global force in leather production. A rare access to Ethiopian Military Industry. Ethiopia Ponders U.S$5 Billion Gold. Turkey outdoes China in terms of Ethiopia investment. Ethiopia's Tech Industry Emerges.
Ethiopian wine raises cheer for economy. Ethiopia – a Destination Crying Out for New Hotels. Ethiopia: Over 18bil Birr Investment Projects Go Operational. Ethiopia seeks bidders for construction of Hawassa Airport. Ethiopia: Microsoft and UNDP to Train 200,000 Ethiopian Etnerpreneurs. Episode 16: Addis Ababa: City of Transformation. Addis Ababa's Changing Skyline. GEESKA AFRIKA ONLINE The Horn of Africa Intelligence News Group » Ethiopia: Embrace a new wave of Chinese Industrial Transfers. Ethiopia expects 11 percent economic growth this year, EPRDF DireTube Video by Ethiopian News. Ethiopia Creating Millionaires Faster Than Any other African Country. Ethiopia’s grand plans for regional power distribution. Addis Ababa 2013 New Booming City ! 70 of Construction of Addis Ababa Adama high way complete.
Addis Ababa is the Showcase for Ethiopia's Economic Great Leap Forward. Ethiopia Can Achieve Middle Income Status By 2020 - World Bank. Ethiopia increases use of Blue Nile CCTV News. Ethiopia Struggle Over the Nile - Al Jazeera English part_1. Ethiopia Struggle Over the Nile - Al Jazeera English Part_2. Ethiopia Struggle Over the Nile - Al Jazeera English part_3. The westerns eye on Ethiopia.Invest in Ethiopia (before its to late) Investing in Ethiopia. Invest Africa Episode 2: Ethiopia. Ethiopia Records Double-Digit Economic Growth Under GTP. Ethiopia offers ample investment opportunities in agriculture, infrastructure. Ethiopia: Investment Opportunities and Challenges - Part 1.