In the past two consecutive public holidays, the price of raw hides and skin has seen an unprecedented decline. The Ethiopian Raw Hides and Skin Suppliers’ Association (ERHSSA) lays blame on tanneries manipulating the market price to disrupt the normal course of supply.
School founders deny links with “FETO”
During his five days official visit to Turkey, President Mulatu Teshome (PhD) has pledged to handover Turkish schools that have been operating for some 12 years in Ethiopia to Marrif Foundation – an entity that was recently established by the Government of Turkey.
Financial sustainability of integrated housing program questionable
Addis Ababa being the only city in Ethiopia which has progressed further on the scale of urbanization, urban development specialists working for the World Bank Group (WBG) urged Ethiopia to seize the opportunity with the burgeoning secondary cities through proper urban planning and management to avoid repeating the mistake of overcrowded, fragmented and costly urban centers in Africa.
By Kaitlin Junod
At the Ensessakotteh animal rescue center, just 30 kilometers from Addis-Ababa, Dolo the lion lazily lay beneath a shady tree. Nearby, his friend was also enjoying a mid-afternoon nap, not a care in the world.
The British-owned power and energy firm, Contingent Technology and Globeleq, have offered the Ethiopian government an investment finance amounting to 850 million to build a mega hydro-electric plant along the Genale Dawa River basin and operate it as a portfolio of independent power plants for a maximum of 25 years.
The Water Resources Development Fund (WRDF), which was established 12 years ago to facilitate financial resources for water and sanitary projects, has received 75 million euros to be disbursed for 35 rural towns that are undertaking clean water and sanitary projects.