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Ethiopia to unleash livestock, fisheries sectors potential

The World Bank on Monday approved an International Development Association (IDA) credit of USD 170 million to boost the contribution of the livestock and fisheries sectors to Ethiopia’s economy.

“The Livestock and Fisheries Sector Development Project will help 1.2 million farm households who largely depend on livestock-keeping and fishing, with the skills and tools they need to considerably increase the volume and quality of their produce, which means that they will earn substantially more,” said Carolyn Turk, World Bank Country Director for Ethiopia, Sudan and South Sudan.

Turk further said that “For instance, dairy subsistence farmers could increase their milk production by 1.5 time and dairy cooperatives triple the volume of milk they collect and sale, while more specialized farmers could double daily egg production and cultivate five times more fish,”

According to the Bank, by ensuring that disadvantaged groups such as women and unemployed youth are included, the project will provide them with economic opportunities that will significantly improve their livelihoods. (Press Release)

Vancouver-based miner to expand operations in Ethiopia

Vancouver-based East Africa Metals submitted two mining license applications for the company’s Da Tambuk and Mato Bula Gold deposits at its 100 percent owned Adyabo Project, located in the Tigray Regional State, 600 km in north Ethiopia.

In a press release, East Africa’s CEO, Andrew Lee Smith, said on Wednesday following the Ethiopian government’s recent approval of the license for the nearby Terakimti Oxide Gold Project, the company realized that holding two additional deposits within a 20-kilometre footprint in an area of well-developed air, road, and power infrastructure offered “exceptional potential for project development.”

Mineral resources at Da Tambuk have been defined as 775,000 tons at 4.51 grams per ton gold and 2.4 grams per ton silver, containing 112,000 ounces of gold and 59,000 ounces of silver, to a drilled depth of 200 meters. Mineralization occurs in two sub-parallel zones with a strike length of 650 meters in a northeast-southwest direction, a vertical extent of 200 meters and horizontal widths up to 50 meters. (Press Release)

AU, UN reiterate commitment to resolve Palestine-Israel conflict based on int'l law

The African Union (AU) on Tuesday expressed its commitment to resolve the ongoing Palestine-Israel conflict based on the international law.

Addressing the International Day of Solidarity with Palestine people today, AU Chairperson Moussa Faki said through his representative the African Union follows closely the developments in Palestine and the Middle East Region.

It has consistently expressed concern about the consequences of unilateral policies and actions and provocations, among others, he pointed out.

The Chairperson stressed that “the African Union continues to call on the international community to assume its responsibility vis-à-vis the question of Palestine and the implementation of UN resolution adopted from 1948 to date to compel Israel comply with the international law.”

The Union reiterated its pledge to support all efforts aimed at achieving a final solution for the Palestine-Israel conflict based on international legitimacy and rejects any incomplete and fragmented solutions, Faki further noted.

Representative of UN Secretary-General António Guterres also expressed readiness to work with all stakeholders for a two state solution. (ENA)

Agency seeks to mobilize resources for TVET

Technical and Vocational Education institutions face resource constraints and requires international cooperation besides other cost effective strategies and income generation mechanisms, disclosed Federal Technical and Vocational Education and Training Agency (TVET) on Tuesday.

TVET Agency Public Relation Officer Solomon Haile said, in collaboration with other organizations, seeks to raise national consensus and mobilize stakeholders to contribute technical and financial support to the development of TVET.

TVET sector, which already operates 1357 institutions educating 1.5 million trainees nationwide requires enormous resource to create competent and self-reliant citizens for both public and private employments, he noted.

According to Solomon, the implementation of TVET strategy and strategic pillars of TVET system needs daunting task of accomplishing challenging undertakings besides the huge resource it demands to operate the institutions.

He further noted that TVET development is very much aligned with international partnership and emulation of best experience. Mutual understanding will also be created and collaboration for improved technical and vocational education and training outcomes as well as address major challenges will also be part of the strategy. (The Ethiopian Herald)