Ethiopian Miner, Australian University Sign Deal to Grow Sector

Nov 16 , 2019

Kefi Tulu Kapi Mining Company and the University of Western Australia School of Mines signed a memorandum of understanding. The signing was held at the headquarters of the Ministry of Mines & Petroleum to equip the workforce with the necessary skills for the growth of the industry on November 13, 2019. "The government of Australia recognises the significance of this industry for the growth of the country’s economy," said Peter Doyle, ambassador of Australia, during the signing ceremony. Ethiopia's mining industry has been in decline over the past several years. While it only generated 49 million dollars in the past fiscal year, the sector brought in 650 million dollars six years ago. "We will work with the Ministry to match international practices with young Ethiopian professionals," said Harry Anagnostaras Adams, executive chairman of Kefi.


Ethiopian Seafarers Contribute $50m Annually in Remittances

Ethiopian Maritime Authority disclosed 50 million dollars in annual remittances from seafarers deployed internationally. Abdulber Shemsu, the director general of the Authority, said Ethiopia's membership in the International Maritime Organisation (IMO), establishes global standards and guidelines for safe, secure, and environmentally sustainable shipping practices. With 176 member countries and three associate member countries, including Ethiopia, the IMO provides a framework for ensuring...


AfDB Launches $1.5m Initiative to Propel Agro-Industrial Parks

A 1.5 million dollar initiative for the development of three Agro-industrial parks was commenced last week. Financed by the African Development Bank (AfDB), the project includes feasibility studies, a master plan, and an environmental and social impact assessment. The Phase Two project, which includes capacity building for stakeholders, was initiated last week with an agreement between Semereta Sewasew, state minister for Finance and Gunther Beger, managing director of UNIDO. Semereta said...


Cabinet Approves Public Service Legislation

Council of Ministers has unanimously approved the legislation that aims to raise the competency and professionalism of public service in the country. The Federal Civil Servants Proclamation is pending ratification from Parliament. The decision was made during the 30th meeting of the Cabinet last week, which follows the ratification of the public service and administrative policy. Currently, the 176 federal agencies within 22 ministries, collectively employ around two million people. The polic...