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Ministry introduces tourism recovery strategy to stakeholders

Ministry of Culture and Tourism and stakeholders discussed on Tuesday tourism recovery strategy that enables the industry to bounce back. 

The main objective of the new strategy is to make the tourism industry of Ethiopia bounce back to a fresh paradigm shift re-imagined with different way of thinking and working to face new challenges and opportunities.

It incorporates proactive communication and media engagement, stimulation of the struggling industry, cooperative image building and marketing, service excellence and product diversification, implementation arrangements, monitoring and evaluation of performances.

Addressing a half-day consultative meeting on the strategy with stakeholders, Tourism and Culture Minister Hirut Kassaw said major activities have been undertaken to contain COVID-19 and to tackle its impacts in collaboration with other actors, including the preparation of quarantine centers.

With the recent development of “Forbes” listing Ethiopia as one of the seven major tourism destinations in the world during post-COVID 19 period, “we have prepared the strategy to enhance and provide quality services for visitors,” the minister noted. (ENA)

Industrial Parks Corporation allots USD 3 mln to support micro, small enterprises

Industrial Parks Development Corporation announced that it has allocated USD three million for business-to-business linkage between micro and small enterprises and firms working in industrial parks.

The program will benefit over 35 micro and small enterprises exposed to market and production disruptions due to COVID-19.

Lelise Neme, CEO, said that the program would enable to improve the competitiveness of the enterprises in the targeted industrial parks and their linked industrial parks.

She added that business-to-business linkage project started in 2017 with 10 enterprises that benefited from the linkage by supplying a 1.2 million inputs to the industrial parks.

To date, the enterprises have been supplying cartons, poly bags, paper labels and pattern papers to industrial parks.

“Industrial parks are expected to play a key role in the country’s journey to development and prosperity in the next decade. For us, liking micro and small enterprises would bring about a positive impact on our import substitution ambition. Of course, we have gained fruitful results in this regard,” she said. (ENA)

Ethiopia, WB sign USD 250 mln financing agreement

Ethiopia and the World Bank today signed a financing agreement amounting to USD 250 million in support of supplemental financing to the second Ethiopia growth and competitiveness programmatic development policy financing.

The agreement was signed by Ahmed Shide, Ethiopia’s Minister of Finance and Carolyn Turk, World Bank Country Director for Ethiopia, Eritrea, Sudan and South Sudan.

Out of the total financing, USD 125 million is in the form of credit, while the remaining USD 125 million is a grant, according to a press release.

“This operation that is provided in the form of budget support aims at boosting economic transformation by increasing private sector participation and promoting good governance practices,” it said.

“Overall, it targets to assist the on-going reform and transformation efforts in Ethiopia as well as the implementation of the recently approved Home-grown Economic Reform Agenda, it added.

The supplemental budget support will help the Ethiopia to quickly close the current financing gap due to the COVID-19 pandemic. (Press Release)

UN appoints Maj. Gen. Kefyalew as UNISFA Force Commander

UN Secretary-General António Guterres on Monday announced the appointment of Major General Kefyalew Amde Tessema as Force Commander for the UN Interim Security Force for Abyei (UNISFA).

Kefyalew succeeds Major General Mehari Zewdie Gebremariam, who will complete his assignment on July 7.

The appointee has a distinguished military career with the Ethiopian Armed Forces spanning more than 30 years.

Most recently, he served as the Head of the Main Engineering Department of the Ethiopian National Defence Forces, responsible for planning, coordinating, managing, organizing, training and reporting on related engineering activities.

Previously, Kefyalew served as the Western Command Commander from 2017 to 2018, Deputy Central Commander from 2016 to 2017, and the Division Commander from 2012 to 2016, among other appointments within the Ethiopian Armed Forces.

He holds a master’s degree in business administration from Ashland University in the United States and a Bachelor of Arts degree in command and control of military unity and formation from the Russian Federation Compound Force Academy. (ENA)