Ethiopia launches 150 billion USD green growth strategy
Addis Ababa, November 19 (WIC) - Ethiopia on Friday launched a green economic growth strategy whose implementation requires 150 billion US dollars over 20 years.
Dubbed Climate Resilient Green Economy (CRGE), the initiative sets out the dual objective of lifting Ethiopia to middle income economy by 2025 while keeping greenhouse gas emissions constant.
The CRGE makes Ethiopia the first African country with such implementation strategy.
“The problem we have in Africa is of implementation. But the CRGE could be replicated in other African countries to resolve this,” Dr. Ababa Haile-Gabriel, Director of AU’s Rural Economy and Agriculture Department, told PANA after the launch.
Thought for Today!
The potential of the average person is like a huge ocean unsailed, a new continent unexplored, a world of possibilities waiting to be released and channeled toward some great good. by Brian Tracy
City Reopens Park After Protesters Are Evicted
New York City on Tuesday reopened the park in Lower Manhattan where the Occupy Wall Street movement was born not long after a judge upheld the city’s move to clear the park and bar the protesters from bringing back their tents or staying overnight.
The Occupy movement groups all over the United States are being evicted from their camp ground. It seems the authorities have had enough of the protesters. The protesters were demanding for fair equity and equal opportunity to succeed since 1% of the US population controls most of the US wealth!
Letter to the Permanent Representatives at the UN Security Council
Your Excellency,
It is to be recalled that on 23rd of December 2009, the United Nations Security Council (UNSC), decided to impose sanctions on Eritrea, as a result of its support to armed terrorist groups in the horn of Africa and undermining peace and reconciliation in Somalia, and for not withdrawing its forces following clashes with Djibouti in 2008...more
News, Analysis & Articles
Addisu welcomes investment from Chinese firms
Addis Ababa, November 18 (WIC) - Addisu Legesse, a former Ethiopian vice-premier, said Ethiopia, as it is keen to develop its economy, likes to see more Chinese companies investing in the African country in order to transfer their advanced technologies and impart knowledge.
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China hands over hospital to Ethiopia
Kenya: no longer impervious
By Meles Alem Nov 18, 2011-
The Kivi Milimani Hotel is one of modest hotels in uptown Nairobi. It used to be packed with tourists from Europe and Asia. However, in the past few weeks the hotel is deserted because of cancellations
Analysis - Eritrea Set to Avoid Harsh Sanctions, Still Mistrusted
ADDIS ABABA (Reuters) - Eritrea has a strong chance of heading off new sanctions that could cripple the Red Sea state's economy even though it remains far from persuading its neighbours and the United Nations that it is not a destabilising force in the volatile Horn of Africa.
Ethiopians and Ethio-Americans in Dallas Raised Funds for Hedase Dam...
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Ethiopians and Ethio-Americans in Boston Raised Funds for Hedase Dam...
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Dogs of War: Hanging off the Cliff!
Zeru Hagos Nov 14, 2011- Despite the draught faced by pastoralists in the border area in Oromia and Somali regions, the Ethiopian economy is humming. Unhindered by the economic turbulence of Europe and political turbulence of North Africa and Middle East, the country has registered remarkable economic growth. The country’s new status has not been missed by foreign investors since many of them are flying in to the country to invest. Many foreign companies and potential investors from Germany, India and China, to mention few, have shown interest to invest. These being the reality EPRDF distracters from near and far have been trying to paint Ethiopia with a bleak image.
Ethiopian Ambassador to the US Addresses Southeast Model African Union 2011 Confab at Savannah State University
Tsehaye Debalkew, November 13, 2011 Washington DC- Ambassador Girma Birru, Special Envoy and Ambassador Extra-ordinary and Plenipotentiary of the Federal Democratic Republic of Ethiopia, to the US in a keynote statement he made at the Southeast Model African Union 2011 held at Savannah State University said "The government of Ethiopia is positively disposed of to encourage and initiate cordial and ever burgeoning partnerships, between..."
Support the Renaissance Dam and the Renaissance of the Nile River Valley
Yaw Kwakye Davis Nov 14, 2011- The Nile River and the history of men and women of North and East Africa have been intertwined since the beginnings of recorded time. The pharaohs of Lower Egypt (closest to the Nile river/Mediterranean Sea delta), were always concerned that the pharaohs of Upper Egypt, based in the South near Aswan would divert the Nile River and thus cause havoc to the economy of Lower Egypt. The diverting of the Nile was unrealistic but this fear was utilized for political reasons to polarize the people of Lower Egypt.
BBC and HRW Unwarranted Anti-Ethiopian Propaganda
(updated)
Mathza,Nov 11 2011- On August 4th, 2011 BBC presented a joint undercover investigation report by BBC Newsnight and the Bureau of Investigative Journalism. This was followed by an interview on September 21st, 2011 with Mr. Andrew Mitchell, the Secretary of the UK Department for International Development....