Nation Earns 172.25 Mil USD from Mines Export in Nine Months

Ethiopia has earned 172.25 million USD from Mines export trade over the past nine months of current fiscal year.

The Ministry of Mines has discussed on its nine months plan and performance of current Ethiopian fiscal year.

Strategic affairs executive officer at the ministry, Meseret Nigusei has said in her nine months performance report of the ministry, the nation has produced 2.68 tons of gold, 255.7 tons of jewelry minerals and 164 .5 tons of tantalum.

The country has earned a total of 172.25 million USD from mines export trade during the stated period.

Out of the total revenue secured, 150.6 million USD was obtained from gold, the executive officer said.

According to him, investment licenses were issued to 15 foreign and 29 domestic companies to engage in the development, exploration and production of minerals.

The sector has created jobs to more than 146,784 citizens during the nine months of this budget year.

Minister of Mines, Habtamu Tegegn said the government is exerting efforts to develop the sector with a view to strengthening foreign currency revenue and job opportunities.

Source: Ethiopian News Agency

Ethiopia, Türkiye Stress Need to Further Diversify Ties in Trade and FDI

State Minister of Foreign Affairs, Ambassador Mesganu Arga received the Deputy Foreign Minister of Türkiye and conferred on bilateral, regional and multilateral issues of common interest.

The two sides concurred that Ethiopia and Türkiye, which enjoy solid traditional diplomatic bond formed over 127 years ago, need to further diversify their ties in trade and foreign direct investment (FDI), according to Ministry of Foreign Affairs.

Ambassador Mesganu, who briefed his Türkiye counterpart on the implementation of the peace agreement in Pretoria called upon the international community and Türkiye, in particular, to support the post-conflict peace-building process.

The Deputy Foreign Minister, on his part, lauded the implementation of the peace deal.

He said Türkiye business community is keen on investing in Ethiopia.

The Sudanese people should be given a chance to solve their differences through dialogue than military means, the two officials agreed.

Source: Ethiopian News Agency

Coffee Processing Factory in Oromia Starts Exporting Coffee by Adding Value on its Products

Delegations from Zambia, Niger, Tanzania and Cote d’Ivoire today visited ONE.KOO Coffee Factory, a coffee processing factory owned by Oromia Coffee Farmers Cooperative Union in Gelan town.

The visit was accompanied by the Chief Administrator of Oromia Regional state, Shimelis Abdisa and other regional state officials.

Oromia Coffee Farmers Cooperative Union is one of the unions that exports coffee to the international market by adding value on the production.

ONE.KOO Coffee Factory, which was established a year ago at a cost of 50 million birr, has been expanding its products to foreign markets including the United States by adding value.

The factory has earned 70 million birr in the first half of this Ethiopia fiscal year, the general manager of the factory, Solomon Taddela told ENA.

Delegations drawn from the four African countries are in Ethiopia to exchange the best practices and experiences of Ethiopia in transforming agriculture, particularly wheat, avocado, and coffee developments in Ethiopia.

The delegations have so far visited several agricultural activities being carried out in wheat and avocado cultivations.

Source: Ethiopian News Agency

AUDA-NEPAD Dev’t Programs Vital to Achieving AU Agenda 2063: AUDA-NEPAD CEO

Deputy Prime Minister and Foreign Minister, Demeke Mekonnen held discussion today with the Chief Executive Office of the African Union Development Agency-New Partnership for African Development (AUDA-NEPAD), Nardos Bekele-Thomas.

During the occasion, Demeke briefed the CEO on Ethiopia’s post-conflict situation, emphasizing the ongoing reconstruction and rehabilitation efforts in war-affected areas.

He also appreciated the critical role played by AUDA-NEPAD in supporting Member States in their development endeavors.

Demeke underlined Ethiopia’s active contribution to AUDA-NEPAD programs that are vital for eradicating poverty and enhancing the economic achievements in Africa.

He reassured the latter of the Government’s commitment to the implementation of Agency’s development initiatives.

On her part, Bekele-Thomas pointed out areas such as agriculture, science and technology, and small and medium enterprises as key spheres of cooperation between the Government of Ethiopia and AUDA-NEPAD.

The CEO explained the AUDA-NEPAD development programs, vital to achieving the AU Agenda206.

She also stressed that resource mobilization is important to achieve these goals.

Source: Ethiopian News Agency

Ethiopia Needs to capitalize its Best Airlines to Promote Tourism: Mexico’s Ambassador

Ethiopia needs to use the best airlines in Africa (Ethiopian) to promote its beautiful tourism attractions as Mexico open to work with the country to promote the sector, Ambassador of Mexico to Ethiopia Victor Trevino said.

Recently, the government prioritizes the sector as one of the pillars of the economy for the country and has given due attention under the 10-year development plan.

Prime Minister Abiy Ahmed initiated “Dine for Nation” projects on Koysha, Wonchi, and Gorgora believed to inspire and transform Ethiopia’s tourism sector.

In an exclusive interview with ENA, Ambassador of Mexico to Ethiopia, Victor Trevino said Ethiopia and Mexico are very proud countries about their culture and history among others with long-term bondage.

Even though Mexico is too far in terms of geography, Mexico’s first embassy in the whole continent was established here in Ethiopia, he elaborated.

The longstanding friendship between the two nations goes back to 1936 when Mexico strongly condemned the Italian invasion of Ethiopia and supported its independence and status as a member of the League of Nations.

Alongside maintaining the importance of history, the traditions of the two nations, he said “we need to go further for the importance of the future. We need to pass these values to the younger generations and we need to increase our trade ties.”

The Ambassador stressed that increasing trade ties has to be one of the priorities of Ethiopia and Mexico.

“We import more than we export. For example the main import product of Ethiopia to Mexico is the sesame seeds and we export to Ethiopia some parts of agricultural machinery but we need to increase the trade ties further.”

In the near future, he added “we can increase the cooperation in the tourism sector as well. As partners, we must promote the tourism industry in Ethiopia.”

For the Ambassador, Ethiopia has beautiful sites, but unfortunately it is not even in the top five tourist receptionists in Africa even though you have the most important airlines in the continent to promote the sector and you have the beautiful places to visit.

The airline serves 131 international passenger and cargo destinations, including 63 African cities, with daily and multiple flights with a minimum layover in Addis.

The country has lots of cultural heritages, ethnographic attractions, traditional crafts, natural resources, natural beauty, the scenery, the landscapes, and the beautiful weather among others.

“You need more human resources to exploit the tourism resources and to promote it to the global community. We are open to work with Ethiopia to promote scholarships for people to study tourism,” he noted.

Praising the recent peace agreement in Ethiopia, the Ambassador stressed that peace is vital to attract more investment to Ethiopia in various sectors in general and in tourism in particular.

Ethiopia, which is the diplomatic capital of Africa, is known as “the land of origins,” where many important archaeological and paleontological milestones have been uncovered.

Source: Ethiopian News Agency

First Round of Peace Talks in Tanzania Concludes: GCS

The first round of peace talks held in Tanzania concerning the conflict in Oromia regional state have been concluded today, according to Government Communication Service(GCS).

In its current situation update issued today, GCS stated that while the talks have been largely constructive, unfortunately, it was not possible to reach agreement on some issues during this round of the talks.

Both parties have acknowledged the need to continue these talks with a view to resolving the conflict permanently and peacefully, it added.

The Service also said that the Government of Ethiopian would like to take this opportunity to reiterate its commitment to the peaceful resolution of the conflict in accordance with the FDRE Constitution and within the framework of fundamental principles that have guided such efforts until now.

The government of Ethiopia would like to express its gratitude for those who have facilitated and hosted the talks.

Source: Ethiopian News Agency