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Ethiopia, South Korea sign USD 300 mln agreement

Ethiopia and South Korea on Tuesday signed a framework arrangement amounting to USD 300 million in the form of highly concessional resource on Tuesday.

The proceeds from the agreement will be allocated to the priority sectors agreed between the two countries within years 2019 to 2020, it was learnt.

It will specifically be used for the construction of Adama Center of Excellence and construction of Addis Ababa express bus ways as well as other development projects.

Finance State Minister Admasu Nebebe and South Korean Ambassador to Ethiopia Lim Hoon-min signed the agreement.

The State Minister said the agreement is an indication of mutual cooperation and shared interest to create sustainable partnership.

He also added that “South Korea will maintain Ethiopia as priority country and continue to be our partner during the realization of our successive development plans.”

According to Ministry of Finance, the last framework arrangement signed between Ethiopia and South Korea was in 2015 and it amounts 500 million USD, covering the years 2016-2018. (ENA)

Ethiopia, Russia sign nuclear power plant construction deal

Russia and Ethiopia have signed an agreement setting out a three-year plan to lay the ground for the construction of a center for nuclear science and technology and a nuclear power plant, Russian State Atomic Energy Corporation said on Monday.

The agreement was signed by Alexey Likhachev, Rosatom’s chief executive, and Getahun Mecuria , Ethiopia’s minister of technology.

Rosatom said in a statement: “The roadmap determines specific steps in strengthening bilateral cooperation in the field of peaceful use of atomic energy. The parties have identified joint actions within the framework of a nuclear power plant construction and center for nuclear science construction projects.

“Thus, a foundation is laid for training personnel and raising public awareness about atomic energy.”

The signing follows an earlier memorandum of understanding, signed in June 2017 for the establishment of a legal framework for nuclear cooperation.

Rosatom says it has six reactor projects under way inside Russia and 36 outside. Its 11th Atomexpo forum, brought together over 1,500 foreign participants from 74 countries. (CCR)

Leopard attacks college students

A leopard that entered into a college compound attacked and injured two students in Amhara Regional State last week.

The leopard injured the students after breaking into one of the classrooms in the Finote-Damot Technical and Vocational Training College through the window while they were learning, College Dean Nebiyu Mekonen said.

The leopard, which was spotted previously around that area, entered the compound of the college and started attacking people.

It first tried to attack a security guard at the door of the college compound and a teacher who was on her way to class.

The security guard has managed to escape the attack, while the leopard left the teacher untouched, who fell down due to the shock of seeing it.

Then it rushed to the classrooms, which were full of students and breaks into one of them. Upon seeing the leopard, all but two students left their class in panic.

The students, who were unable to leave the classroom, were attacked by the leopard. (ENA)

PVH accused of exploiting, abusing workers in Ethiopia

The company behind globally acclaimed fashion brands Tommy Hilfiger and Calvin Klein is to investigate reports that Ethiopian workers who make clothes for their high-street stores are being abused and underpaid.

PVH is one of the world’s top clothing companies, generating nearly USD 9.7 billion in revenues in 2018 with about 1 million garment workers in its supply chain, according to its website.

Workers in PVH supplier factories in Ethiopia are reportedly forced to do unpaid overtime and lose pay for drinking water at their work stations, according to the US-based Workers Rights Consortium (WRC), which monitors labor conditions worldwide.

Hiring managers at one factory felt the stomachs of job applicants to see if they were pregnant, a WRC report found.

A January study of Ethiopia by the Wage Indicator Foundation – which publishes data on pay around the world – found that the majority of some 1,000 garment factory workers it surveyed earned less than a living wage of 4,130 birr (USD 143.90) a month. (Reuters)