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 new cabinet that the House of People’s Representatives approved today following the proposal by the Prime Minister has brought 9 new faces to the portfolio.
The new ministers are mainly academicians and researchers with high profile in the international arena.
1.Dr. Hirut Wolde-mariam (Female)
Minister of Culture and Tourism
Ethnic background – Kembata (SNNP Regional State)
Academic background - BA in Linguistics
- MA in Linguistics
- PhD in linguistics, Cologne University
Dr. Hirut is an academician who served as researcher and lecturer as well as vice president at the Addis Ababa University (AAU).
Dr. Hirut has published more than 31 researches on renowned international journals and represented her country and field of study in different international conferences. She has also played a significant role in conducting researches on Ethiopian languages.
Prior to her appointment, Dr. Hirut has been serving as Vice President of the Addis Ababa University.
2.Dr. Negeri Lencho
Minister of Government Communications Affairs Office
Ethnic background - Oromo
Academic background - BA in English Language and Literature, Kotebe College
- MA in Media and Communication Studies, Hyderabad University, India
- PhD in Journalism and Communication, Andhra University, India
Dr. Negeri is an academician who served as research expert, journalist, lecturer and Acting Dean at Addis Ababa University (AAU) and a Coordinator at School of Journalism and Communication at the AAU.
Dr. Negeri has published more than three books in media and communication as well as culture.
In addition to his formal duties, Dr. Negeri has been a Board Member of Ethiopian News Agency, Ethiopian Broadcasting Corporation and Oromia Radio and Television Organization.
3.Dr. Girma Amente
Minister of Public Enterprise
Ethnic background - Oromo
Academic background - BSc in Forestry, Alemaya University
- MSc in Production Forestry, Swedish University of Agriculture in collaboration with the Wondo Genet College of Forestry and Natural
- PhD in Silvi-culture, Albert Ludwig University of Freiburg
Dr. Girma Amente, who published more than 12 articles and researches both individually and collectively on different journals, is has won recognition for his works internationally.
He has served as expert and head of different forestry projects, Deputy Director of Oromia Land Utilization and Head of Oromia Forestry Enterprise.
He has also served as President of Haromaya University.
Prior to this appointment, Dr. Girma was Director of UNIQUE Forestry and Land Use in East Africa.
4.Dr. Eyasu Abrha
Minister of Agriculture and Natural Resource
Ethnic background - Tigray
Academic background - BA and MSc degrees in Agronomy, Sub-Tropics Institute, Russia
- PhD in Plant Science, Prague University
Dr. Eyasu has served in various posts related to crops in Tigray Regional State.
He has served as researcher and head at Mekele Agricultural Research Institute between 2001 and 2003.
Prior to this appointemnt, Dr. Eyasu served as Director-General of Tigray Agricultural Research Institute.
5.Fikadu Beyene (Professor)
Minister of Livestock and Fisheries
Ethnic background – Oromo
Academic background - BSc in veterinary science, AAU
- MSc in Animal Husbandry, Haromaya University
- PhD in Dairy Technology, Norway Agriculture University
Professor Fikadu Beyene has been an assistant lecturer and researcher, Assistant Dean at Hawassa Agricultural College, Head of Academic Affairs at Hawassa University, and President of Wollega University.
Prior to this appointment, he has served as President of Civil Service University.
6.Dr. Gemedo Dale
Minister of Environment, Forestry and Climate Change
Ethnic background – Oromo
Academic background - BSc in biology, AAU
- MSc in plant science, AAU
- PhD in Agricultural Sciences
Dr. Gemedo Dale has been serving in various posts and produced 25 research papers published in well-known journals both individually and collectively.
Prior to his appointment, Dr. Gemedo has served as Director-General of the Biodiversity Institute since 2004 EC.
7.Yifru Birhane (Professor)
Minister of Health
Ethnic background - Amhara
Academic background - Medical Doctorate degree
- Specialist in Gynecology and Obstetrics
Professor Yifru Birhane is a well-known researcher who served in different universities, led different research and study teams, and produced more than 70 researches published in renowned journals, both individually and collectively.
He has served as Medical Director at Dilla Hospital, Dean of the Hawassa Health Science College.
Professor Yifru was Head of the AAU Health Science College with the rank of vice president.
8.Dr. Engineer Sileshi Bekele
Minister of Water, Irrigation & Electricity
Ethnic background - Oromo
Academic background - BSc in civil engineering
- MSc in Hydraulics Engineering & Hydrology, Newcastle University, England
- PhD in Hydraulics & Water Resource Engineering, Dresden University
Dr. Sileshi Bekele is known for preparing more than 60 educational books as well as producing papers published in international journals.
He has been active in leading and coordinating boards of a number of international organizations and research groups, particularly those working in relation to water technology.
Currently, he is closely working with the Ethiopian Embassy in New York in rallying Ethiopians in the Diaspora to mobilize support for science and math education in Ethiopia.
Dr. Sileshi served as lecturer and dean at Arba Minch Water Technology Institute. He was Head of International Water Management Institute East Africa and Nile Basin Office.
He has also served as water & climate change senior specialist at the UNECA and
Senior inter-regional Advisor on National Strategies, Water, Energy & Capacity Branch at UNDESA.
9.Dr. Bekele Bulado (Assistant Professor) at Hawassa Univerisity)
Minister of Trade
Ethnic background - Sidama (SNNRP Regional State)
Academic background - BA in Management, AAU
- PhD in Strategic Management & Business Policy, NUI, Ireland
Dr. Bekele Bulado has been a salesperson, head of a local company, head of marketing and sales department at MOHA soft drinks industry, and plan and business development head at Awash International Bank.
He also served as Deputy President of Hawassa University.
Prior to this assignment, he served as CEO of Ethiopian Trading Corporation.
Prime Minister Hailemariam Desalegn is presenting his new cabinet members to the House of Peoples Representative for approval.
While presenting members of the cabinet, Hailemariam said the selection of the new cabinet is based on commitment, capability and productivity.
He said that he wants nine of the incumbent ministers including Deputy Prime Minister Demeke Mekenone and Minister of Defense Siraj Fegesa, to stay at their position.
The Premier is establishing a new cabinet to ensure the successful accomplishment of government plans and to properly address public queries.
The Vice President of the People's Republic of China Li Yuanchao will arrive in Addis Ababa next week for an official visit to Ethiopia, announced the Ministry of Foreign Affairs (MoFA).
Spokesperson for the Ministry Tewolde Mulgeta told ENA that the Chinese Vice President will meet with Ethiopian officials, fostering the longstanding relations between the two countries.
Signing of various bilateral agreements was part of the planned visit.
Foreign Direct Investment from China hit close to a billion USD over the past five years, elevating the trade exchange between the two nations to over 1.3 billion USD.
The visit by the Chinese official will further enhance the exchanges based on mutual benefits.
Figures show that more than 800 Chinese companies are investing in various African countries including in Ethiopia, creating jobs for 80 million Africans in the manufacturing industry sector.
Prime Minister Hailemariam Desalegn extended condolences over the death of people because of violence occurred at the thanksgiving festival of the Oromo people, Irreecha.
The Prime Minister expressed sadness over the loss of lives at the festival that promotes peace, stability and tolerance.
Hailemariam expressed sorrow over the death of 52 people at the festival, which was going smoothly until the violence started.
He said this shouldn’t happen at a festival that signifies tolerance and unity.
Noting that spectators were converging on Bishoftu since early in the morning to take part in the observance, Hailemariam said the festival was peaceful.
But, the peaceful celebration has turned into a violence that took the lives of many people, because of the violence instigated by anti-peace elements, he added.
Instigating violence on the day that the Oromo people thank their creator is an activity against the principle of the Oromo and an act that undermines identity of the people, he added.
Saying the government will bring the perpetrators of this act into justice, the Premier called on the Oromo people to stand with the government.
Noting that the government has exerted maximum effort to control the situation peacefully, he appreciated the police for the work they have done.
Ethiopia has declared a three-day mourning over the death of 52 people after a stampede at a thanksgiving festival of the Oromo.
Flags will lower to half-mast for the coming three days starting from tomorrow, the Government Communication Affairs Office said.
The country declares the mourning following the death of people who lost their lives because of the violence instigated by anti-peace elements, the Office said.
Flags will lower to half-mast all over the country and at the Ethiopian embassies and consular offices around the world.