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Ethiopian News

St. Paul Ethiopian-American entrepreneur launching line of injera machines

Published: Oct 1, 2014 by bini Filed under: Ethiopian News Business
St. Paul Ethiopian-American entrepreneur launching line of injera machines

A St. Paul entrepreneur has perfected a machine that makes injera, a flatbread that is a staple item in East Africa, and now he plans to sell the systems to other wholesale bakers.

Francesco O'Ryan also is the owner of East African Bakery, which sells injera and hambasha breads to small ethnic groceries and restaurants in Minnesota, Maryland, Virginia and the Washington, D.C., metro area. When he opened his St. Paul bakery, there were few ways to make the flatbreads on a large scale.
"Even today, companies that make injera use these Chinese-made pancake machines or hotplates. They don't last and they're not meant to be used for many hours," O'Ryan said.

O'Ryan and business partner Jerome Guettler began developing the machine in 2009. The latest model can make one 15-inch injera round every ten seconds, which comes out to approximately 4,000 over the course of an eight-hour day. Without the automated system, an injera maker can produce about 900, O'Ryan said.

Ethiopia seeks Turkish government support for railway fund

Published: Oct 1, 2014 by bgt Filed under: Ethiopian News Economy
Ethiopia seeks Turkish government support for railway fund

Ethiopia has requested support from the Turkish government to press for the release of a $700 million loan that the Turkish EXIM Bank pledged to finance the construction of the African country's Awash-Woldia railway project.

The 389km railway line will connect northern Ethiopia with the country's central region.

A senior Ethiopian government official Tedros Adhanom, who held bilateral discussions with his Turkish counterpart Mevlut Çavuşoğlu on September 29 in New York, said the project was part of efforts to improve infrastructure in the country.

Addis soon have Pushkin’s statue from Russia: Dina Mufti

Published: Oct 1, 2014 by girumtebeje Filed under: Ethiopian News Politics
Addis soon have Pushkin’s statue from Russia: Dina Mufti

In a press conference held at his office today, Foreign Ministry spokesman Amb Dina Mufti told reporters that Addis will have Alexander Pushkin’s statue soon from Russia. The matrilineal great grandfather of Pushkin, Abram Gannibal, is known to be from Ethiopia. And according to Dian, it is as part of a wide range of cooperation agreements Ethiopian signed with Russia that Addis will have the statue of Pushkin.

The spokesman has also told about the recent developments in the tripartite talks that are being held with Egypt and Sudan.

Speaking about the recent situation seen at the Ethiopian embassy in Washington he told reporters that he didn’t know about the attackers’ motive or identity and that he will notify about the situation soon.

DireTube News



Egypt-Ethiopia talks 'overcame confidence obstacle': Minister

Published: Oct 1, 2014 by bgt Filed under: Ethiopian News Politics
Egypt-Ethiopia talks 'overcame confidence obstacle': Minister

Egypt's irrigation minister says Egypt-Ethiopia relations are improving amid talks on Grand Renaissance Dam
Negotiations between Egypt and Ethiopia for the Grand Renaissance Dam have overcome the "obstacle of rebuilding confidence," Egypt's irrigation minister said on Tuesday.

Hossam Moghazi told state news agency MENA that President Abdel-Fattah El-Sisi's meeting with Ethiopian PM Hailemariam Desalegn last week in New York and his plans to visit Addis Ababa have "strengthened the ties" between the two states.

Relations between the two countries have been tense as Egypt fears Ethiopia's large-scale dam on the Nile will affects its water supply. However, recent diplomatic efforts appear to have opened up communication.

The World Bank approved 600 million dollar credit to Ethiopia

Published: Oct 1, 2014 by bini Filed under: Ethiopian News Business
The World Bank approved 600 million dollar credit to Ethiopia
By Elias Meseret

The Board of Executive Directors of the World Bank today approved a US$600 million International Development Association credit to Ethiopia for the Productive Safety Nets Project 4. The funds will be used to expand access to safety net and disaster risk management systems, as well as provide nutrition services and income support to food insecure families living in rural Ethiopia.

In 2005 the Government of Ethiopia funded with support from other development partners the Productive Safety Nets Program 1. Since it was launched, the program has made notable contributions to reduce household vulnerability and food insecurity, improve resilience to shocks and promote sustainable community development in rural areas of Ethiopia.

“Since its launch nearly a decade ago, the Productive Safety Net Program has made unparalleled contributions not only to food security and Ethiopia's progress in meeting many of the MDG goals, but to reversing land degradation,” said Guang Z. Chen, World Bank Country Director for Ethiopia.

Wyndham Hotel Group Grows in Africa with First Hotel in Ethiopia

Published: Sep 30, 2014 by bini Filed under: Ethiopian News Business
Wyndham Hotel Group Grows in Africa with First Hotel in Ethiopia

ADDIS ABABA, Ethiopia (Sept. 30, 2014) – 
Wyndham Hotel Group, the world’s largest hotel company with approximately 7,540 hotels and part of Wyndham Worldwide Corporation (NYSE: WYN), today announced the signing of a management agreement for the Hotel Group’s first property in Ethiopia, the 136-room Ramada® Addis.

Upon opening in the first half of next year, Ramada Addis will offer 128 guest rooms and eight suites, ideally located on a major transport route linking the city centre with Addis Ababa Bole International Airport.
 
The addition of Ramada Addis expands Wyndham Hotel Group into its seventh market on the African continent and follows an announcement just last week that the company plans to introduce its flagship Wyndham Hotels and Resorts® brand to Kenya.  With more than 940 rooms now in the pipeline across Africa, Wyndham Hotel Group is set to more than double its presence in the region over the next three years.
 
While the company was historically focused on franchise contracts within Africa, much of Wyndham Hotel Group’s recent growth has been fuelled by the company’s strategic decision to expand its management services into the region.
 
“Not only can we offer diverse branding solutions through our spectrum of hotel brands and strong onward distribution through our sheer global scale, we also offer owners the flexibility of either franchise or management contracts,” said Bani Haddad, Wyndham Hotel Group’s regional vice president for the Middle East and Africa.  “This enables us to work with valued partners such as ADM Business Plc, who share our passion for providing great guest experiences and our vision to ensure the Ramada brand continues to act as a benchmark for midscale hospitality in the region.”
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