French Funded GI Project to Boost the County's Exports

May 27 , 2023

A brand creation based on geographical indication aimed at boosting export earnings was availed to stakeholders last week. Geographical Indication (GI) is a 400,000 euros project funded by the Agence Francaise de Development fund. The project is expected to focus on Origin-linked Products in Ethiopia (GOPE), particularly coffee which accounted for 43.7pc of exports this year. The project will be part of the GI support fund totalling 6.3 million euros in 11 African countries. The Head of the Ethiopian Coffee & Tea Authority, Adugna Debela (PhD), believes that GIs coupled with more funding will significantly impact the country's exports in the long run.   Former Director General of the Ethiopian Intellectual Property Authority, Ermias Hailemariam (PhD), noted the importance of creating an enabling legislative framework to establish GIs during an event held at the Inter-Luxury Hotel. Ermias who currently serves as a State Minister for Justice highlighted the unique characteristics of honey, spices, tea, and spirits that could potentially gain global recognition.  


Premier Pushes Domestic Drug Production

A six-day domestic pharmaceutical production and innovation expo was inaugurated by Prime Minister Abiy Ahmed (PhD) last week. More than 110 local pharmaceutical manufacturers participated at the Millennium Hall on Airport Road. Recently appointed Minister of Health Meqdes Daba (MD), said local production of pharmaceuticals has become a cornerstone of health policy, which received approval from the Council of Ministers a month ago. However, a report from the Global Fund For Health last year r...


AFDB Lauds $8m for Solar Mini-Grid

Around half a million people foresee benefits from the pilot mini-grid built across nine sites in Amhara, Oromia, Sidama, and the Southern regional states. African Development Bank Group has approved eight million dollars in finance to support the project under the Distributed Renewable Energy & Agriculture Modalities (DREAM) program. The DREAM project, with a total budget of 20 million dollars through concessional loans, grants, and risk mitigation, will cover half of the mini-grid capital...


Parliament Approves $275m Loan for Urban Project

A  275 million dollar loan agreement was approved by Parliament last week, to support the second phase of the Urban Water Supply & Sanitation Project. Set to be implemented over the next three years, the project follows negotiations between Ethiopia and the International Development Association (IDA). The Chief Whip Tesfaye Beljige (PhD), presented details of the loan agreement to lawmakers and said that the project focuses on enhancing the supply of clean drinking water and improving sa...