Ethiopian Civil Aviation and Spain Concluded Agreement

The Ethiopian Civil Aviation Authority announced, it has concluded a bilateral air transport agreement with its Spanish counterpart. The Authority said, the agreement will further enhance the existing diplomatic, people-to-people, trade and investment relationship between the two countries.

Authority Director-General, Col. Wesenyeleh Hunegnaw and Spanish Ambassador to Ethiopia Miguel Angel Fernandez Palacios Martinez signed the agreement.The agreement is said to help in expanding Ethiopian Airlines destinations in addition to facilitating the growing import and export trade exchange between the two countries.

Source: ENA

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Ericsson Equipped Ethiopian Village with 3G Connectivity

Communication technologies manufacturer, Ericsson said it has equipped the Millennium Village Project located in northern Ethiopia with network infrastructure and service to introduce voice and data communications.

Ericsson said, with access to 3G connectivity, more than 4,000 students and their teachers at two schools involved in the 'Connect To Learn initiative' now have access to modern learning and teaching resources through Ericsson’s cloud-computing solution.

community health workers in the Millennium Villages will also be able to use cell phones contributed by Sony Mobile and broadband connectivity arranged by Ericsson to render vital health care services directly to households and to gather health related information for follow up and monitoring purposes.

The Ethiopian Koraro Millennium Village has inadequate availability of communications technologies.However, Ericsson's support has enabled the people…

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EthioTelecom Modifies Prepaid Mobile SIM Card Life Cycle into Six Periods

Ethiopian Business News - Ethio telecom modifies Prepaid Mobile SIM Card life cycle into six periods. In line with  this modification, the Prepaid Mobile customers, whose SIM card have been inactive during the last six months, will be recycled as of mid of February, 2013 if they could not recharge their account before this termination date so as to make it active.   The existing days for one way block (suspense period) which had been 15 days earlier is now modified to 180 days or 6 months. During this one way block period, the subscriber can only receive incoming call/SMS, but cannot make outgoing call/SMS. With regard to the recycle period, under the existing condition there has not been a predefined rule, but now there is one month time after the termination period meaning the number will be recycled and ready for sale.   The modified Prepaid Mobile SIM Card life cycle has the following six periods : 1.    Pre-active period 2.    Active period 3.  …
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US Energy Developer Terra Launches 400 MW Ethiopia Wind Project

Business Related Press Release:

Terra Global Energy Developers, LLC (Terra), the first US wind energy developer to enter Ethiopia’s growing wind energy sector, today announced the launch of a 400 MW wind energy project in Debre Birhan, Ethiopia. Located approximately 75 miles north of the capital Addis Ababa, the project is being developed on a build and transfer basis for the Ethiopian Electric Power Corporation (EEPCo), the national utility. Construction of the project is planned to begin in 2014.   “We are very pleased to have launched this project for the Ethiopian Electric Power Corporation, especially as the first US developer to enter Ethiopia’s growing wind sector,” said Dereje Abebe, CEO of Terra. “The Debre Birhan Wind Project will create jobs, increase electrification, and help power economic growth with clean and sustainable wind energy. Ethiopia has the wind and hydro resources to become Africa’s ‘powerhouse’ for renewable …
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Ethiopian Flower Export Sore on Valentine’s Day

In about a decade the Ethiopian flower industry has grown to become a major player in the international market. The Ethiopian flower industry has blossomed again on this years Valentine's Day.  Zelalem Messele, chairman of EHPEA, the Ethiopian Horticulture Producer Exporters Association intone the importance of Valentine's Day for the Ethiopian flower industry, "It's one of the holidays the flower industry flourishes. And the production goes up by 30 to 40 percent and so the demand,”.     About three quarter of the country's flowers are destined to the European market. Ethiopian flower exports have been growing, in 2012 it was valued at more than $210 million. This year, the amount is expected to be more than double of the previous year.   More than half of the 90 Ethiopian flower farms are owned by foreign investors. The Ethiopian flower industry is growing at a staggering rate. Incentives in the form of tax break and loan availabili…
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Habesha Construction Selects Contractor for 10 Storey Center

Habesha Construction and Materials Development, Ethiopia has selected Rama Construction plc to construct the 10 storey shopping center it proposes to build at a cost of 233 million birr. Rama will handle only the structural aspects of the proposed project at an estimated cost of more than 123 million birr according to the agreement signed between the two companies yesterday.

Rama will be expected to complete the structural work in 18 months from the time of the agreement.

The center to be named the Tigat Shopping Center will be constructed on 2,100 meter squares of land to be found on Haile Gebreselassie Street. It will be a mixed-use building to host offices, shops and a ninety bedroom four star hotel. The center is owned by the Tigat group of shareholders made up of shop owners in the proposed building site who elected to come together for this project to meet the building requirements of the area according to the cit…
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Ethiopia to Start Trademark Re-registration

The Ethiopian Intellectual Property Office is to launch the process to re-register trademarks in the coming month it announced. The proclamation that authorizes the office to take this step was endorsed seven years ago.

  The Ethiopian Intellectual Property Office issued 1500 separate patents and creative rights ownership certificates in the last fiscal year.   The office granted certificates after careful evaluation and all due consideration to ensure the originality of the creation both at home and internationally said Awkoke Shiferaw, Head of Communication Service with the office.   The office also took steps to publicize the ownership claim to public to entertain any counter claims to the creative rights of the creations before issuing final certification said Awkoke.   The office has thus been able to certify 45 owners who managed to fulfill all the criteria established…
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Ethiopian Capital to Get New Traffic Lights

Addis Ababa is to get new technology that will improve the efficiency of the traffic system so as to alleviate problems related to traffic congestion.

The Addis Ababa City Roads Authority is in the process of finding vendors for traffic lights to be installed at fourteen junctions across the city. The authority announced the tender for interested suppliers 2 months ago at which time ten companies purchased bid documents. Two potential vendors submitted offers to the authority according to an anonymous source.

The authority has budget of 30 million birr to install the traffic light system according to Engineer Elisabeth Tesfaye who is a member of the committee evaluating the proposals. It is to be remembered that the original idea for upgrading the traffic light system was proposed in the aftermath of a visit made to Durban by Kassahun Hailemariam, Federal Transport Authority, Director General, and Fekade Haile General M…
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Ethiopia Telecom to Replace Nokia Network

Ethio-Telecom is to replace the Nokia mobile network coverage in Addis Ababa over the next five months according to officials with the telecom provider.

The areas in which the telecom network will be replaced include Ascot, Alem Bank, Akaki, Kolfe Keranio, Hanamariam, Jomo, Lebu and Mekanisa.

It is expected that complete coverage of the mobile tel-communications network in Addis Ababa will be handled either by ZTE or Huawei. The networks set up by Nokia are more than a decade old and are outdated which is why it is necessary to upgrade them said Abdurahim Ahmed, Head of Public Relations with Ethio-telecom.

It is likely that the network will be replaced by ZTE according to an anonymous source close to the issue although ethio-telecom is yet to officially announce its decision.

This effort is part of the larger bid to double the number of mobile subscribers from the current 20 million to 40 million s…

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Farida Group Establishes a Tannery in Ethiopia

Farida Group Establishes a Tannery in Ethiopia

The Farida Group based in Chennai, India has launched a tannery in Ethiopia. The tannery is intended to target the export market including to India.

The new tannery commissioned at the end of the last year is expected to have the potential capacity to manufacture an estimated 800,000 sq. ft of leather, said  Rafeeque Ahmed, Chairman, Farida Group.

The factory was launched through Farida’s international subsidiary in Singapore. The plant will supply finished leather to the international markets as well as catering to the leather requirements of the Farida group according to Ahmed. The Farida Group is among the largest exporters of footwear and makes leather footwear for leading international brands.

It currently has multiple leather footwear production units and tanneries in Tamil Nadu. The total footwear production capacity is over 22,000 pa…

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