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Ermias T. Amelga is expected to start implementing his plans to resolve the snags of Access Real Estate (ARE) S.C starting tomorrow February 23, 2015, after the committee set up by the government succeeded in having him back to Ethiopia after an eight-month negotiation, on Thursday February 19, 2015.

Ever since he came back from the United States in the mid-1990s, he has been selling his new initiatives. He took over an edible oil mill from the state and turned it into the first water bottling plant; established the first private equity i.e Access Capital Services S.C.
He also promoted and became board chairman of Zemen Bank, a commercial bank initially operating with a one-branch concept, relying on much technology, but currently operating with additional branches. His later growth was the establishment of ARE. Read the rest of this entry »

Prime Minister Hailemariam laid the cornerstone for the opening of construction of the 375 kilometers Awash-Kombolcha-Woldia-Hara Gebeya Railway Project on Wednesday (February 25) in Kombolcha. A week earlier, the Prime Minister also laid the foundation for the Mekelle-Hara Gebeya-Woldia railway project, which will link the North and North East of the country to the new port of Tadjourah port being constructed in Djibouti. Read the rest of this entry »

(Reuters) – Ethiopia will complete expansion work on the capital’s airport in 2018 to triple the number of passengers it handles from 7 million a year now and will soon pick a site for a new hub to deal with 10 times the number in future, a senior official said. Read the rest of this entry »

የኢትዮጵያ ብሔራዊ ምርጫ ቦርድ ውሳኔን ተከትሎ በቦርዱ ዕውቅና የተሰጣቸው የአንድነት ለዴሞክራሲና ለፍትሕ ፓርቲ ፕሬዚዳንት አቶ ትዕግሥቱ አወሉ፣ የፓርቲውን ጽሕፈት ቤት መረከባቸውንና ለመጪው ምርጫ የሚረዳቸውን እንቅስቃሴ መጀመራቸውን አስታወቁ፡፡‹‹የቦርዱን ውሳኔ ተከትሎ ከጥር 28 ቀን 2007 ዓ.ም. ጀምሮ የፓርቲውን ጽሐፈት ቤት ተረክበን አስፈላጊውን ሥራ እየሠራን ነው፤›› በማለት አቶ ትዕግሥቱ ለሪፖርተር ገልጸዋል፡፡ Read the rest of this entry »

Ethiopian PM calls for 'economic integration' with Djibouti

There have been flagship projects linking the two countries of which electric power sharing and railway link are notable ones. Ethiopia has already begun exporting electricity to Djibouti.Ethiopian Prime Minister Hailemariam Desalegn on Sunday called for enhanced efforts for further cementing economic integration with neighboring Djibouti. Read the rest of this entry »

 

Testing the tracks and railcar of the Addis Ababa light railway transit started today so as to make sure that the system is up to the standards.Prime Minister HaileMariam Desalegn and other high level officials were attended the commencement of the testing conducted at Kaliti area. The first trial is taking place in the compound of the depot in Kality, which will oversee the line that stretches from north to south. Read the rest of this entry »

 

 Girma Seifu, an opposition Member of Parliament (MP) and vice president of the Unity for Justice & Democracy (UDJ) Party

The one opposition voice that had been heard in the House of People’s Representatives in the past years might be making its last arguments as the National Electoral Board of Ethiopia (NEBE) just banned one of the two quarreling groups of the Unity for Democracy and Justice (UDJ) to which Girma Seifu (MP) belongs. Two parties, the UDJ and the All Ethiopian Unity Party (AEUP), have each been witnessing a fight to the death between two factions created in each.

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Eritrea appoints Girma Asmerom as its ambassador in AU
Undermining African Union’s efforts for social, economic and political integration of the continent for long, Eritrea has now appointed its former ambassador in Ethiopia as its ambassador in the African Union (AU), resources disclose...(ethjournal.com)
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