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US, Natural Resource College Launch a $100,000 Wetland Project

Dec 10 , 2022


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A forestry college in the south received financial support from the United States government to research wetland areas. A US-supported program that aims to collect data that quantify the carbon emissions caused by the conversion of wetlands into croplands granted 100,000 dollars to the project under the Wondo Genet College of Forestry & Natural Resources. The "Sustainable Wetlands for Sustainable Communities in Southern Ethiopia" is funded through a grant from the U.S. Department of State's Bureau of Oceans and International Scientific Affairs Climate Grant Program. Tracey Jacobson, US Chargé d'Affaires, handed soil monitoring instruments to the Deputy for Research & Technology Transfer, Kibreselassie Daniel (PhD), signing the final agreement. She also paid a visit to Hawassa City, 290Km from the capital, to meet Ristu Yirdaw and Desta Ledamo, presidents of the Southern Nations, Nationalities & Peoples (SNNPR) and the Sidama regional states, respectively. Jacobson said she wants to understand partnership prospects with the United States. Tracey mentioned that granting access to international human rights experts in conflict-affected areas in northern Ethiopia is one of the steps the federal government must take to regain AGOA eligibility while touring the Hawassa Industrial Park. The U.S. delegate spoke with investors, the Chief of Hawassa Park Investors Association, Hibret Lemma and the park's General Manager, Fitsum Ketem


Radar

Federal Prosecutors Accuse Public Officials, Contractors of Corruption, Alleged Illicit Fund Transfers

Federal prosecutors have filed corruption and money laundering charges against 11 defendants, including Nigstu Bogale, Coordinator of the Development Project for Response to the Impact of Refugees in the Horn of Africa at the Ministry of Agriculture, Biniyam Fantaye and Taye Habte, senior irrigation engineers involved in the Development Response to Displacement Impacts Project (DRDIP-II), as well as private individuals and construction company representatives. The case alleges losses and illicit...


Radar

EIH Transitions to New Headquarters as It Oversees Major State-Owned Enterprises

Ethiopian Investment Holdings (EIH) is relocating its headquarters from its current site on General Wingate Street. The former headquarters was located behind the Ministry of Industry and near Abrehot Library. The new office is expected to be on Mozambique Street, along the route from Mexico Square to Bulgaria Road. The building belongs to one of EIH's subsidiaries, and all departments are set to move there as interior design and finishing works continue. Under the leadership of Brook Taye...


Radar

Import Substitution Push Lifts Domestic Manufacturing, Industrial Recovery

A push for import substitution and industrial expansion has prioritised 96 strategic products for local manufacturing. The “Ethiopia Tamirt” initiative reports 4.85 billion dollars in savings, supported by trade fairs linking local producers to domestic and international markets. On average, 700 new projects enter the market annually, contributing to more than 2,800 investments over four years. At the grassroots level, 18,000 SMEs have been established, while 993 dormant factories have...