Environment Archives - Page 5 of 13

11 Jan

European Union grants €43 million to Ethiopia

ethionegari@gmail.com0 CommentsBusiness, Environment, NewsAddisAbaba, EthioNegari, Ethiopia, Ethiopianews, EUethiopia, humanrights, IDPs

Displaced persons and host communities in Ethiopia to benefit from new 2.7 billion birrs support from European citizens. The European Union (EU) and its partners launched a three- year programme to provide sustainable support to displaced persons and their host communities in the Ethiopian regions of Afar, Amhara, Benishangul-Gumuz and Tigray. The programme is coordinated by the International Organization for Migration (IOM) and jointlyimplemented with the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), theItalian Agency for Development Cooperation (AICS), the Danish and Ethiopian Red Cross and t theUnited Nations High Commissioner for Refugees (UNHCR). The 43.5 Million Euro (2.7 Billion Birr)…

05 Jan

Ethiopia Lifts Ban on Volkswagen Electric Vehicles

ethionegari@gmail.com0 CommentsBusiness, Environment, NewsAddisAbaba, China, EthioNegari, Ethiopia, Ethiopianews, EV, Germany, Volkswagen

The ban that had been placed on Volkswagen ID Series electric vehicles from entering Ethiopia has been officially lifted. The Ministry of Transport and Logistics had enforced the ban in June 2023, prohibiting the importation of these electric vehicles into the country. The German-manufactured Volkswagen ID Series, imported from China to Ethiopia, faced restrictions due to concerns about the compatibility of its battery with Ethiopia's climate. Abera Mosisa, the Executive Representative of the Public Transport and Vehicle Leader at the Ministry of Transport and Logistics, highlighted that the initial ban was based on a complaint stating that the batteries of…

31 Dec

Ethiopia loses $17 million monthly Due to Illegal livestock Export

ethionegari@gmail.com0 CommentsBusiness, Environment, NewsAddisAbaba, EthioNegari, Ethiopia, Ethiopianews, Export, Illegaltrade, Livestock

According to a research, Ethiopia is facing significant economic losses due to illegal livestock export. Ethiopia is grappling with substantial economic losses, exceeding $630 thousand per day, attributable to the illicit exportation of over 1,200 domestic animals daily. This alarming issue was the focal point of a national conference on preventing illegal trade, convened in Addis Ababa and organized by the Ethiopian Chamber of Commerce and Industry. The conference disseminated research findings highlighting the pervasive nature of illegal trade in Ethiopia, with investigations delving into the legal frameworks governing activities related to livestock, medicine, textiles, and the logistics system. The…

20 Dec

Ethiopia Accuses Egypt of Hindering GERD Agreement

ethionegari@gmail.com0 CommentsBusiness, Environment, NewsAddisAbaba, Egypt, EthioNegari, Ethiopia, Ethiopianews, GERD, NILE, Sudan

Following the conclusion of the fourth round of negotiations in Addis Ababa, Ethiopia, a statement issued by Egypt has sparked a blame game between the two nations regarding the failure to reach an agreement on the Grand Ethiopian Renaissance Dam (GERD). Ethiopia contends that the talks failed due to Egypt's refusal to address legal and technical issues, while Egypt attributes the breakdown to what it characterizes as Ethiopia's 'colonial perspectives.' The fourth tripartite talks, involving Ethiopia, Egypt, and Sudan, took place on Monday and Tuesday in Addis Ababa, following an agreement reached in Cairo last July between Ethiopian Prime Minister…

18 Dec

Fourth Round of GERD Negotiations Commences in Addis Ababa

ethionegari@gmail.com0 CommentsBusiness, Environment, News, PoliticsAddisAbaba, Egypt, EthioNegari, Ethiopia, Ethiopianews, GERD, Sudan

The fourth round of trilateral negotiations involving Ethiopia, Egypt, and Sudan commenced today in Addis Ababa, Ethiopia. These deliberations stem from the Joint Statement issued on July 13, 2023, by Prime Minister Abiy Ahmed of Ethiopia and President Abdel Fatah el Sisi of Egypt, signaling a commitment to expedited negotiations aimed at finalizing guidelines and rules governing the initial filling and annual operation of the Grand Ethiopian Renaissance Dam (GERD). Preceding the fourth round, a one-day meeting of technical experts from the three countries set the stage for the ministerial discussions. The goal of these negotiations is to build upon…

08 Dec

CALA awards 76 outstanding African agricultural leaders

ethionegari@gmail.com0 CommentsBusiness, Environment, NewsAddisAbaba, Africa, AGRA, CALA, EthioNegari, Ethiopia, Ethiopianews

Over one hundred of Africa’s leading and emerging agriculture leaders from across the continent came together to mark and celebrate graduation for the second cohort of the Centre for African Leaders In Agriculture (CALA)’s Advanced Leadership Programme. The centre is an AGRA-led initiative, co-implemented by African Management Institute (AMI) and Policy Link. The 76 delegates, drawn from the public, private sector and civil society will be awarded with certificates, marking their status as leaders in Africa’s Food Security and Sustainability after completing the 16-month collaborative, hands-on, and tailored experience for senior and rising leaders in Africa’s agriculture sector. The programme,…

04 Dec

UAE to construct East Africa’s biggest Wind Farm in Ethiopia

ethionegari@gmail.com0 CommentsBusiness, Environment, NewsCop28, COP28UAE, Dubai, EthioNegari, Ethiopia, Ethiopianews, windfarm

The Somali region of Ethiopia is set to become home to a massive 300-megawatt wind power plant, with a projected cost of $600 million. The agreement for the construction of this wind power station was signed in side line of COP28 event by Finance Minister Ahmed Shede and the United Arab Emirates Power Company in Dubai. Located in the Aisha zone of the Somali region, this wind power plant will have the capacity to generate 300 megawatts of power.The project will be spearheaded by AMEA Power, a company based in the United Arab Emirates. Once completed, this wind farm will…

01 Dec

Ethiopian Bank revises loan interest rates

ethionegari@gmail.com0 CommentsBusiness, Environment, NewsAddisAbaba, BankinginEthiopia, Developmentbank, EthioNegari, Ethiopia, Ethiopianews, Interestrates, loan

The Development Bank of Ethiopia has revised the loan interest rates for agricultural projects. The bank announced a reduction in the interest rate for borrowers engaged in agricultural activities from 11.5 percent to 7 percent. This revision aims to encourage agricultural activities in Ethiopia by reducing the interest rate charged on loans to borrowers. The discounted loan interest seeks to utilize uncultivated land resources and encourage investors, farmers, and pastoralists in Ethiopia. The new interest rate of 7 percent applies to small, medium, and corporate project loan applicants in the agricultural investment sector. The Ethiopian Development Bank is a government…

30 Nov

UK Commences a $6.7 million Investment in South African Wind Farms

ethionegari@gmail.com0 CommentsBusiness, Environment, NewsAfricannews, BII, Capetown, EthioNegari, Ethiopia, Southafrica, windfarm

UK’s development finance institution British International Investment (BIl) aims to help tackle South Africa’s energy crisis and accelerate economic growth. BII has been a partner to South Africa since 1995, backing 150 businesses across the country since then; current portfolio stands at $285 million. BII companies in South Africa have created 54,500 jobs a year since 2014. BII hails role of technology and digital transformation in South Africa to address inequality and accelerate growth. BII’s clean and renewable energy investment strategy aligns with the South African’s government energy priorities, announcing new investment in 140MW South African wind farms. British International…

30 Nov

COP28 Opens in Dubai with Calls for Accelerated Action against Climate Crisis

ethionegari@gmail.com0 CommentsBusiness, Environment, NewsAddisAbaba, Cop28, COP28UAE, Dubai, EthioNegari, Ethiopia, Ethiopianews, UAE

The United Nations Climate Change Conference COP28 will opened today with a resounding call to accelerate collective climate action. The conference takes place in what is already known to be the hottest year ever recorded in human history and as the impacts of the climate crisis wreak unprecedented havoc on human life and livelihoods around the world. COP28 in Dubai, United Arab Emirates (UAE), from 30 November to 12 December 2023, is a decisive moment to act on climate commitments and prevent the worst impacts of climate change. UAE has the presidency for COP28, with Dr Sultan Al Jaber as…