Monday, September 26, 2022
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    GGGI, Policy Studies Institute sign MoU

    A Memorandum of Understanding (MoU) was signed between Global Green Growth Institute (GGGI), and Policy Studies Institute (PSI), a home-grown policy think tank that is largely engaged in economic, social and governance research and policy analysis, on September 2, 2022 at the auditorium of PSI here in Addis Ababa.

    The purpose is to provide a general framework for cooperation and facilitate collaboration between GGGI and PSI to work together in supporting Ethiopia’s efforts on Climate Resilient Green Economy Development pathways through evidence-based research, climate action and demand driven capacity building to catalyze institutional transformation.

    The two parties will cooperate to support the Government of Ethiopia in Integrated Model Development for Low Carbon Development Transition pathways, resource mobilization by jointly developing bankable projects and supporting their implementation, Deep dive research, data, and decision-support tools, monitoring and evaluation, sharing and disseminating institutional knowledge and experience on research, policy, institutional frame works and organization and implementation of green growth strategies through joint publications, workshops, conference and seminars and other areas as may be agreed between the Parties.

    (GGGI)

    Ethiopian Airlines selected as technical partner, core investor in Nigeria Air

    The federal government confirmed the selection of Ethiopian Airlines as technical partner and core investor for the establishment of its planned national carrier, the Nigeria Air, a development the government will announce soon.

    The selection of Ethiopian Airlines will put to an end, several months of speculations about who will become the technical partner and core investor in Nigeria Air.

    A team from the Ministry of Aviation travelled to Addis Ababa to start discussion with the East African carrier with indications that the agreement would be signed after the meeting.

    “Yes, we have selected Ethiopian Airlines. We have agreed to work with the airline and we are hoping to make the announcement soon,” a dependable source from the Ministry of Aviation told THISDAY.

    With the selection, the horizon may have become clearer now on the timeline of the planned national carrier, as everything is being put in place for the actualization of the project.

    The federal government said it would have a five percent stake because the airline would be private sector driven.

    (Thisday)

    IMF gives advice to Ethiopia’s creditors, monitoring conflict

    The International Monetary Fund is providing technical advice to Ethiopia’s creditor committee working on debt restructuring and will hold further discussions with authorities on the East African country’s proposed reforms and on potential IMF financial support, a Fund spokesperson said on Thursday.

    An IMF staff visit to Ethiopia provided an initial look at the country’s plans and work to prepare for a future mission to negotiate a potential new Fund program was continuing, the spokesperson said in a statement.

    The statement did not provide any details on the timing of a potential mission, which Ethiopia’s finance minister had said was expected in September. But fighting has erupted again around the borders of Ethiopia’s northern Tigray region, shattering a ceasefire declared in March.

    “We are closely following the recent developments on the ground and hope that there is a quick return to peace,” the spokesperson said. “The Fund has been and will continue to work closely to provide needed technical support to the work of the creditor committee.”

    (Nasdaq)

    Ethiopian Airlines opens in-terminal hotel inside Addis Ababa airport

    Ethiopian Airlines Group has completed the first phase of its in-terminal hotel construction. The hotel is connected to Addis Ababa Bole International Departure Terminal 02 within a short walking distance from the departure gate and will be managed by Ethiopian Skylight Hotel as Ethiopian Skylight In-Terminal Hotel.

    The in-terminal hotel construction began in December 2020. The two-phased project reached the completion of the first phase, availing 41 rooms for guests.

    The hotel is located at the heart of Africa’s diplomatic hub Addis Ababa, just five minutes’ walk away from Bole International Airport. With outstanding, international-standard facilities and services, the luxurious hotel is suitable for leisure and business needs.

    The hotel accommodates 97 modern, spacious, and luxurious rooms, including a restaurant and other facilities. It incorporates various categories such as an executive suite, a premium room for the differently abled, 12 interconnected rooms, 30 twin rooms, and 53 double rooms.

    The hotel will also cater to passengers and crews who do not wish to leave the airport for any reason, enabling the airport to provide the most convenient travel experience possible and making it preferable for seamless connections.

    (BIZ21)

    HORN IN BRIEF

    Kenya’s new President removes petrol subsidy day after assuming office

    Kenyan President, William Ruto, followed up on a pledge to remove a fuel subsidy that has further depleted the state’s already strained coffers, a move that’s likely to be unpopular with some motorists in the East African nation.

    Just a day after Ruto’s September 13 swearing in, Kenya’s Energy and Petroleum Regulatory Authority said it had scrapped a subsidy on gasoline, raising the price by 13 percent.

    Critics of the price-relief measure have said the buffer protects those who can afford private cars, a Reuters report said. But the regulator retained diesel and kerosene subsidies, helping cushion low-income earners who use the latter fuel for lighting and cooking, and rely on public transport.

    Ruto faces the dual tasks of stabilizing government finances and bringing surging living costs under control. Kenya’s public debt ballooned to 8.6 trillion shillings (USD 71 billion) in June, from 1.9 trillion shillings in 2013 when the previous administration came to office.

    Inflation is on track to hit double digits in the fourth quarter due to global price pressures, according to analysts including Razia Khan, Standard Chartered Bank’s London-based head of research for Africa and the Middle East.

    (ThisDay)

    Denmark, Rwanda sign declaration on possible transfer of Asylum Seekers

    Denmark and Rwanda signed a declaration on the possible transfer of asylum seekers to the East African country.

    Denmark’s Immigration and Integration Minister, Kaare Dybvad Bek, and Development Cooperation Minister, Flemming Møller Mortensen, as well as Rwanda’s Foreign Minister, Vincent Biruta, and Refugee Minister, Marie Solange Kayisire, agreed to strengthen the cooperation in the area of asylum and migration on September 9.

    The declaration signed by both parties emphasizes the common ambition to establish a mechanism for the transfer of asylum seekers from Denmark to Rwanda, according to the Ministry.

    This means that the two countries are looking for ways to establish a program that would allow asylum seekers arriving in Denmark to be transferred to Rwanda for consideration of their asylum application.

    It has been revealed that under this deal, around 1,000 asylum seekers may be sent to Rwanda each year.

    Earlier in August, Denmark decided to take in 200 refugees who were in Rwanda under the refugee quota of 2022.

    (Schengen visa news)

    Uganda begins paying $325 mln in Congo war reparations

    In 1999, the Congolese government brought a legal case against Uganda before the International Court of Justice, arguing that Ugandan soldiers had engaged in looting and other war crimes while occupying eastern Congo.

    The Ugandan Finance Ministry announced on Monday that it had transferred USD 65 million to the Democratic Republic of the Congo (DRC)—the first installment of the USD 325 million reparations package that the International Court of Justice (ICJ) ordered Kampala to pay as compensation for the damage it caused during its intervention in the Second Congo War from 1998 to 2001.

    “It’s true we have paid USD 65 million as the first installment,” Ugandan Finance Ministry spokesman, Apollo Munghinda claimed on Monday. He added that the payment had been made on the first day of September, in accordance with a previously-established timetable. Patrick Muyaya, a spokesman for the Congolese government, later confirmed to Reuters that the first of the five scheduled payments had been made.

    In February 2022, 17 years after the original decision, the ICJ ordered Uganda to pay USD 325 million in reparations between September 2022 and 2026.

    (The national interest)

    Foreign drivers banned from public service vehicles in Sudan

    You will not be allowed to drive a public transport if you hold alien documentations, police said.

    The Traffic department’s Director-General, Kon John Akot issued the directive prohibiting all foreigners driving from operating any form of public transport vehicle in the country.

    “If there are foreign businessmen who have public transportation vehicles and want to work in the country, they should give them to drivers and patriots, and not drive public transportation vehicles themselves,” he said.

    Akot said that any foreigner who wants to obtain a driver’s license must first obtain a residence certificate as per the requirements for the companies. Such documents can be acquired from the Ministry of Labor, and the department of Criminal Investigation Unit.

    He said the details would help law enforcement, attributing the need to tame rogue drivers causing accidents that mostly involve water trucks and motorcycles.

     (The city reviews)

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