Press
Room
World
Bank Releases $130 Million Loan, Grant To Ethiopian Energy Access
Project
April
18, 2003: In line with a loan agreement signed between the it and
the Federal Democratic Republic of Ethiopia last year for the implementation
of Energy Access Project, the World Bank has released a close to
US$130 million loan and grant.
Food
Development Corporation Brings $250 Million Investment To Ethiopia
March
7, 2003: The Houston, Texas-based Food Development Corporation (FDC)
is negotiating with Ethiopia to finalize the largest agro-business
complex in the country – a $250 million investment.
Ethiopia's
Development Programs Said Compatible With NEPAD's Framework
July
15, 2002: State Minister of Finance and Economic Development disclosed
that Ethiopia's development policies and programmes were compatible
with NEPAD's framework.
Statistics
Authority Finalizes Census
July
13, 2002: The Addis Ababa Statistics Authority said it has finalized
agricultural sample census at the "woreda" level that
will serve as source of data and information necessary for development
programs.
US,
Ethiopia Sign 147.2 Million Birr USAID Agreement
July
12, 2002: The United States Ambassador Tibor P. Nagy and Minister
of State for Finance and Economic Development Mulu Kestela, today
signed five USAID grant Agreement amendments totaling 147.2 million
birr.
ADB,
Ethiopian Govt Officials Discuss Financing Agricultural Sector
July
11, 2002: African Development Bank (ADB) officials and government
officials met to discuss the recommendations of the Bank’s
agricultural sector review and the potential areas of the Bank Group
intervention in the sector within the framework of the strategies
of the government of Ethiopia.
US
Treasury Secretary O'Neill, U2's Bono Visit CHAMPRO Sports Gear
Factory In Ethiopia
June
12, 2002: Secretary of the Treasury, Paul O'Neill, and Bono, from
U2, visited the CHAMPRO Sports Equipment uniform factory in Addis
Ababa, Ethiopia on their recent fact-finding tour of Africa.
Ethiopia,
Djibouti Sign Comprehensive Agreement On Use of Djibouti Port
April
16, 2002: High-level delegations from Ethiopia and Djibouti have
signed comprehensive agreements on utilization of the Port of Djibouti.
World
Bank Lead Economist Lauds Ethiopia's Advancement In The Education
Sector
March
23, 2002: World Bank lead economist Jee-Peng Tan says significant
progress has been registered in the education sector in Ethiopia
over the past six to seven years.
Improving
Justice System Brings About Rapid Economic Development: Minister
March
22, 2002: The independence of the judiciary could enable to bring
about rapid economic development and social progress in the country,
Minister of Capacity Building said yesterday.
Textiles
& Garment Industries Seek Government Support To Enjoy Opportunity
Provided By AGOA
March
21, 2002: The Textile, Leather and Garment Federation has called
for the support of the government in improving the production capacity
of the textile sector so as to be able to take advantage of the
U.S African Growth Opportunity Act (AGOA).
Favorable
Tourism Atmosphere Created In Ethiopia: Commissioner
March
20, 2002: Ethiopia's Commissioner of Tourism says favorable conditions
have been created in Ethiopia to make its tourist attractions accessible
to tourists coming from all corners of the world.
Ethiopia
Preparing Geological Map For Investors
March
20, 2002: The Ethiopian Geological Survey says it is preparing a
map that would give first-hand information to entrepreneurs willing
to engage in various investment activities.
Reverse
Trade Mission Yields Results For Ethiopia, USA
April
9, 2001: The high-level Ethiopian Reverse Trade and Investment Mission
to the USA held January 13-27, 2001 returned home to Ethiopia, and
has been declared a success.
Ethiopia
Transport Minister, Houston Mayor Sign Airport Cooperation Agreement
February
16, 2001: Houston's Mayor, the Hon. Lee P. Brown, and Ethiopia's
Minister of Transportation, H.E Mohamoud Dirir, has signed an airport
cooperation agreement between the Bole International Airport of
Ethiopia and the Houston Airport System (HAS).
Ethiopian
Trade Minister Concludes Successful U.S. Investment Tour
February 1, 2001: Ethiopian Minister of Trade Mr.
Kassahun Ayele has concluded a two weekslong trade mission to four
U.S. cities, saying his Horn of Africa nation is open for business
with the signing of a peace accord in Algiers last month ending
its border conflict with Eritrea.
EATIC
Plans Jan 2001 Reverse Trade Mission To USA From Ethiopia
September 30, 2000 : After a successful
Trade & Investment Mission to Ethiopia in November 1999, the
Ethio-American Trade & Investment Council (EATIC) Board of Directors
officially announced plans to launch a Reverse Trade and Investment
Mission to the USA.
EATIC
Reports Excellent Results In Recent US Trade & Investment Mission
To Ethiopia
November
15, 1999 : The
US Trade & Investment Mission to Ethiopia boasted concrete results
as it explored business opportunities focusing on sectors that the
Ethiopian government has taken steps to privatize or increase private
sector participations.
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