Ethiopia Joins World Heritage Protection Committee

Nov 30 , 2019

Ethiopia joined a world heritage protection committee as a member for the next four years during a conference held on November 27, 2019. To join the committee under UNESCO, Ethiopia secured 125 votes out of the 168 countries that cast the ballot, according to a statement from the Ministry of Foreign Affairs. Ethiopia, with the other members, will work toward ensuring continental heritage registration and protection is given the right consideration. Following the vote, Ethiopia will be working as a member of the two major bodies of UNESCO, the executive board and the heritage protection committee. There are 21 members under the committee of UNESCO that implement heritage protection, usage of funds for the protection of world heritage, financial support to countries and registration of world heritages. The country has eight traditional and one natural heritage registered under UNESCO.


Geda Special Economic Zone Receives Prospective Tenants

East African Holding and Ethio-Chicken have been shortlisted to invest in the Geda Special Economic Zone(GSEZ), located in the tri-state area shared by Mojo, Adama, and Shashemene cities within the Oromia Regional State. The two companies were selected from 120 investors who showed interest in acquiring space in one of the largest SEZs in Africa. Close to 404hct of land has already been developed in the expansive economic zone, out of a potential 24,000 hectares, with lease prices set between...


Standard Institute Revamps Fees, Board Restructuring

The Ethiopian Standards Institute (ESI) is set to introduce fees for standards sticker, establish a new governing board, and address collaboration with other regulatory bodies. The Institute plans to strengthen its financial standing by charging fees for standards and product certification services to support its operations and annual budget. A key change involves replacing the current Council of Standards with an 11-member Board of Directors. The Minister of Trade & Regional Integration...


Safaricom Ethiopia Rolls Out its Network to Tigray

With 125 self-built towers, Safaricom Ethiopia has launched its operations in the Tigray Regional State. Executives disclosed plans to invest in an additional 166 towers and expand their reach to the remaining towns. "This is the most exciting milestone in Tigray since the return of social services," said Getachew Reda, president of the Interim Regional State Administration. In July 2021, the consortium-backed telecom giant entered Ethiopia's market, historically dominated by state-owned E...