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Addis Ababa, January 21, 2017 (FBC) – Ethiopia’s consecutive participations in World Economic Forum (WEF) annual meetings have created good opportunities for the country to build its image and attract well-known investors, said Prime Minister Hailemariam Desalegn.

Addis Ababa, January 21, 2017 (FBC) –Minister of Public Enterprises, Dr Girma Amente, said the country will stop sugar importation as of next Ethiopian fiscal year (2017/18). 

Addis Ababa, January 21, 2017 (FBC) - India’s Ambassador to Ethiopia Anurag Srivastava said balancing the volume of bilateral trade between his country and Ethiopia is one of the areas of discourse between the two nations.

Addis Ababa, January 21, 2017 (FBC) - The Intergovernmental Authority on Development (IGAD) yesterday convened the 7th Steering Committee Meeting on the implementation of the Drought Disaster Resilience and Sustainability Initiative (IDDRSI) in Addis Ababa, Ethiopia.

Present at the meeting were Ambassador of Ethiopia to Djibouti, Shatemo Fitamo Adebo, Executive Secretary of IGAD, Ambassador (Eng) Mahboub Maalim, Head of the European Union Delegation to Djibouti, Ambassador Adam Kulach.

The objective of the Committee is to review the progress made in the implementation of the drought resilience initiative throughout the IGAD region, examine the challenges met and the opportunities available, and to discuss proposals and recommendations on the way forward.

Members of the IDDRSI Platform Coordination Platform, IGAD Member States focal points for IDDRSI, Development Partners and stakeholders too part at the meeting.

The 7th Steering Committee meeting is the first since the mid-term review of the first phase (2013-2017) of the implementation of the IGAD drought resilience initiative which was discussed during the 6th Steering Committee meeting back in April 2016.

Speaking at the opening, Ambassador Maalim said “This meeting is coming at a time when many parts of our region are suffering the effects of drought, and we know that last week aid agencies appealed for 856 million US dollars to support 3.9 million people affected inside Somalia”, he said.

He also reminded the audience that “pastoralists are the major victims of drought disasters”. In order to bring sustainable assistance against the current drought situation and as an instance of innovative approach to end drought disasters, Ambassador Maalim pointed that providing hay bales worth 3.6 billion US dollars was necessary to the 8 million camel population in the IGAD region for a duration of 6 months.

He finally urged the meeting adopt the recommendations of the mid-term review for the “improvements in planning and implementation of IDDRSI”, most of them requiring action from IGAD organisation and IGAD member states.

The Head of the EU Delegation to Djibouti, Ambassador Kulach, expressed the willingness of the EU, and various development agencies from EU member states such as GIZ of Germany, to keep on working with IGAD in its efforts to relieve the region form the effects of drought disaster and build resilience to drought and climate change effects.

Source: IGAD

Posted by Amare Asrat