Fed Lifts Chinese Assembled Volkswagen Embargo

The ban on the import of electric Volkswagen (ID Series) cars assembled in China has been lifted. It was initially imposed after the Ministry of Transport & Logistics received a letter from the German automobile manufacturer headquartered in Wolfsburg following concerns with the battery's suitability for Ethiopia's weather. However, officials disclosed that a recent study conducted by Adama Science & Technology University contradicts the claims, revealing that the battery has no significant issues. The chain-assembled electric Volkswagen, known for its environmentally friendly features, is equipped with a battery designed to withstand temperatures up to 40 degrees Celsius. The number of vehicles in the capital has surpassed 714,000, with an estimated urban population of five million. The introduction of electric vehicles aligns with global efforts to reduce carbon emissions and promote sustainable transportation.


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...