Railway Corporation Gets New CEO


Sintayehu Woldemichael (PhD), former Minister of Education, became the new CEO of the Ethiopian Railway Corporation on November 5, 2018. The Corporation has been led by acting CEO Yehuwalashet Jemere since the resignation of the former CEO Berhanu Beshah (PhD). Sileshi Bekele (PhD), Minister for Water, Irrigation & Energy and chairperson of the board of directors of the Corporation, approved the resignation of Berhanu Beshah (PhD) on October 1, 2018. The new CEO served as the director general of the Public Financial Institutions Supervision Agency before coming to the Ministry of Education. Ethiopian Railway Corporation was established on November 2007 by the Council of Ministers. The Corporation has overseen multi-billion dollar projects of railway routes in eight corridors including the Addis Abeba-Modjo-Awash-Dire Dawa-Dewaele; Modjo-Shashemne-Arbaminch-Konso-Moyale; Addis Abeba-Ljaji–Jimma–Gudaferda Dima, with an extension to South Sudan; and the Awash-Kombolcha-Meqelle–Shire routes.


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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...


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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...


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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...


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