South African companies keen to invest in Ethiopia
South African investors and representatives of companies have expressed their readiness to invest in Ethiopia and do business with.
A South African business delegation comprising 22 investors and representatives of companies are currently in Ethiopia to explore investment potentials and opportunities in the country, particularly in manufacturing, agro-processing, energy and construction sectors.
State Minister for Foreign Affairs, Dr. Aklilu Hailemichael met with the South African Business Delegation on Monday (March 6, 2017) and briefed them on investment prospects in Ethiopia.
Dr. Aklilu underscored that the delegation's current move will promote Ethiopia's aspiration to boost the intra Africa trade and enhance south-south cooperation.
He said, "Ethiopia attracts investors from China and Turkey as well as the US and Europe; nevertheless we would like to also promote south-south economic cooperation between African countries."
Touching upon the huge investment potentials in Ethiopia, the State Minister said, "Ethiopia's geographic location, its active membership in regional and bilateral trade agreements, including various other platforms with the U.S, EU and COMESA region, and the favorable investment policies make it an attractive investment destination."
Ethiopia's young and productive work force which accounts for 60 percent of the population also offers significant comparative advantages to investors, he added.
The newly adopted Regional Strategy for Health Security and Emergencies will help build better health system in Africa and facilitate emergency response services, announced WHO Regional Committee for Africa.
The regional strategy aims at preventing morbidity and mortality and reduction of the socio-economic disruption occurring due outbreaks and other health emergencies in the African region.
The strategy was adopted during the 66th WHO Regional Committee for Africa meeting held in Addis Ababa.
“We want to take this opportunity to critically assess the capacity at country level, not only using self -assessment but joint external evaluation,” said WHO Regional Emergency Director Dr. Ibrahim Fall while speaking about the new strategy.
Stressing on the need to work with communities for rapid actions, the director said: “we need to work at local level to make sure that the prevention and response to emergencies will take place at lower level.”
Ethiopia is credited by the regional committee for achieving better results in Emergency Medical Services.
“I think everybody really appreciates the Emergency Medical Services in Ethiopia,” Dr. Fall remarked.
The director called on other countries to follow Ethiopia’s example as it helps them fill gaps they have in terms of capacity for international health regulation.
It was indicated that WHO African Region is challenged by recurrent outbreaks and other health emergencies.
According to WHO Regional Committee for Africa, member states report over 100 public health emergencies annually, with infectious diseases accounting for 80 per cent of the reports.
It said most of the infectious diseases are originating from animals as the health of humans, animals and the ecosystem are interconnected.
Ethiopia and USA have been enjoying strong cooperation in economic, security, democracy and good governance spheres, according to President Mulatu.
This was disclosed while the president conferred with USA Outgoing Ambassador to Ethiopia Patricia M. Haslach.
According to an official who attended the meeting, President Mulatu Teshome appreciated the commitment of the ambassador to broaden and consolidate the relations between the countries.
The visit of President Obama to Ethiopia, which took place during her fruitful term of office, has boosted the bilateral relation of the two countries, he pointed out.
The US has been providing assistance to Ethiopia in education and capacity building since 1903, it was indicated.
Patricia M. Haslach has on her part reportedly said that USA is desirous to boost the long historical relations of the two countries.
She also appreciated the effective handling of the recent drought by the government.
The bilateral relation between Ethiopia and USA is over a century old.
Ethiopian Athlete Almaz Ayana set a new world record for the 10,000m women’s race at the Rio Olympic.
Almaz run the 25 laps at 29፡17፡45 to win the gold medal, while Tirunesh Dibaba, former world champion finished third. Tirunesh ran a personal best of 29:42.56 for the bronze.
Kenya’s athlete Vivian Cheruiyot finished second, in a new personal best and national record of 29:32.53.
Ethiopia will host the 66th session of the World Health Organization (WHO) Regional Committee for Africa (RC 66) from August 19-23, 2016, according to WHO.
The annual meeting will be held at the United Nations Conference Center (UNCC) in Addis Ababa, with officials from WHO and government of Ethiopia expected at the event.
Regional oral health strategy 2016-2025, regional strategy for health security and emergencies and multispectral action for a life course approach to healthy ageing are among the agendas for the RC 66.
Global strategy for women’s, children’s and adolescents’ health 2016–2030, framework for implementing the end TB strategy in the African region 2016–2020, and prevention, care and treatment of viral Hepatitis in the African region also make the key part of the conference agendas.
Prime Minister Hailemariam Dessalegn will address the gathering, with Minister of Health Dr. Kesetebirhan Admassu, Director-General of WHO, Dr. Margaret Chan, and Regional Director (RD) of WHO Africa Region, Dr. Matshidiso Moeti expected to deliver speeches at the annual event.
The WHO regional committee for Africa is the government body of WHO in the African region comprising health ministers from 47 African countries.
Ethiopia and Canada will see increase in their exchanges in fields of peacekeeping and security, according to Canadian Minister of Defense, Harjit Singh Sajjan.
The Minister met and discussed with Prime Minister Hailemariam Dessalegn in Addis Ababa.
“It is a great opportunity for Canada and Ethiopia to build this relationship. We have had a long tradition of working together as militaries from Korea to many different UN missions we have conducted,” the Canadian Minister told journalists following his meeting with Hailemariam.
Minister Sajjan appreciated Ethiopia’s endeavors and the so far contribution in peacekeeping missions in the Horn of Africa and beyond.
“Ethiopia is already showing a leadership role,” he said, adding Canada values Ethiopia’s contribution in trying to bring stability to Somalia and the South Sudan.
He said Canada is interested to cooperate with Ethiopian in areas of peacekeeping and security, with further interest to enhance cooperation in other fields such as trade and investment.
Ethiopia is showing great work in reducing poverty, Sajjan said indicating his country’s interest to enhance its trade partnership.
Some 57 Canadian investors with an aggregate capital of USD 57 million have invested in Ethiopia.
Prime Minister Hailemariam briefed the visiting Canadian minister on Ethiopia’s role in maintaining peace and security in the Horn region particularly in Somalia and South Sudan.
He underlined the criticality of restoring peace and security for sustainable development, and the necessity of strengthening cooperation in the field.
Hailemariam called for a strengthened diplomatic and economic cooperation between Ethiopian and Canada.
Deputy Prime Minister Demeke Mekonnen visited Canada last May during which the two countries exchanged views on ways of cooperating in various areas of trade and investment.