Bill Gates Mo Ibrahim Aliko DangotePhilanthropists Bill Gates, Mo Ibrahim and Aliko Dangote took to the stage at Africa Center to chat about the future of business on the continent. African heads of state, business leaders and celebrities, including supermodel Naomi Campbell, were in attendance.

Bill Gates brought up the challenge of climate change.  “Africa is where we are going to meet some of our toughest challenges. Sadly the impact climate change, although Africa had the least to do to cause climate change. The actual difficulties will first be felt by the farmers of Africa,” he said.

While Mo Ibrahim said the stereotype of African corruption is an issue. “Let’s be frank, there is a lot of minds in the West here – people think Africa is a very corrupt place. Corruption is a problem a global problem. I don’t think it is an African problem.”

Aliko Dangote spoke about Africa’s rising wealth.  “Today when you look at it you are thinking about the five fastest-growing economies in the world – four are in Sub Saharan Africa.”

The Center has received a financial boost of 25 million dollars in donations including 20 million from the Aliko Dangote Foundation to complete its next phase of construction, according to AllAfrica.com.

Source :- https://africabusinessnetworking.com/bill-gates-mo-ibrahim-and-aliko-dangote-discuss-africas-future/

PM Abiy Receives Tourism AwardPrime Minister Abiy Ahmed awarded the 2019 ‘Leader in Tourism’ honorary certificate from World Tourism Forum (WTF) for his commendable commitment to promote tourism.

President of WTF, Bulut Bagci, has presented the honorary certificate to Abiy on Monday at the Office of the Prime Minister in Addis Ababa.

The president also declared that Ethiopia was accordingly selected to host the upcoming World Tourism Forum.

Based on the milestones marked by Ethiopia in the tourism sector, the president declared that Ethiopia selected as host to the 2020 World Tourism Forum.

Speaking on the occasion, Bulut Bagci noted that Prime Minister Abiy was selected for the award pursuant to his contribution to the development of sustainable tourism in Ethiopia and for his vision in promoting tourism.

He recalled the efforts made by the Prime Minister in the rehabilitation and renovation of Menelik II palace and making it available for public recreation as well as the program for the beautification of Addis Ababa through riverbank forestation program.

Read More At :- https://www.ena.et/en/?p=9916

Tony Blair Ethiopia Digital TransformationTony Blair Institute for Global Change has announced its willingness to support the implementation of Ethiopia’s digital Transformation Strategy.

Innovation and Technology Minister Getahun Mukuria conferred with former British Prime Minister Tony Blair on ways of supporting the implementation of Ethiopia’s Digital Transformation Strategy.

The government has prepared a Digital Transformation Strategy which would be finalized after a month, the minister added.

The strategy focuses on interconnectivity of kebeles to woredas, ease of doing business, providing support for the tourism sector, and developing digital knowledge and e-commerce as well as enhancing the technology sector to create jobs, it was learned.

Former British Prime Minister Tony Blair, on his part, assured the minister that his institution will support the implementation of the strategy through capacity building and funding.

Tony Blair Institute for Global Change is a non-profit organization that supports government agencies in various parts of the world.

The institution has been providing assistance for the Job Creation Commission, Investment Commission, and ICT Park in Hawassa. It also conducted research on export and offered consultations in the sub-sector for the Office of the Prime Minister.

Source: https://www.ena.et/en/?p=9871

IP Export RevenueEthiopia earned 140.6 million US dollars in export revenue from industrial parks in the concluded Ethiopian fiscal year which ended July 7, 2019, according to Ethiopian Investment Commission.

Ethiopian Investment Commission Public Relations Director, Mekonnen Hailu said that the performance of the export from the industrial parks exceeded that of same period last fiscal year by 57 percent.

Textiles and apparel, footwear and other leather products as well as copper electrical wires and ceramic products have been exported mainly to European countries, USA, Asia and other export destinations.

Majority of the products were exported from Hawassa, Bole Lemi, Eastern Industrial Parks, he said.     

So far, the industrial parks across the country have created employment opportunities for more than 71,000 compatriots, according to the Public Relations Director.

In recent years, Ethiopia has focused on building industrial parks as a strategy with a view to attracting more foreign direct investment (FDI) and upgrading industries, it was learned.

Source: https://africabusinessnetworking.com/ethiopia-secures-over-140-million-usd-export-revenue-from-industrial-parks/

Ethiopia Coal ProductionCoal production at the national level will help to recover costs incurred in foreign currency expenditure on the mineral beyond encouraging investors to the energy sector, according to Ministry of Mines and Petroleum.

In its 73rd regular session, Council of Ministers has approved a regulation on issuance of license for coal and chromites mining on August 24, 2019 to promote investments in mining industry.

Case Team Coordinator for Mineral Licensing at the Ministry of Mines and Petroleum, Leul Gebre, told ENA that the government has been taking various measures to encourage investments in coal, it was learned.

Amending energy proclamation and licensing potential companies who wish to invest in the sector are some of the measures that Ethiopia has taken in mining industry, he indicated.

He pointed out that Ethiopia’s potential in coal deposits have already been studied and identified in Amhara, Oromia and Southern Nations, Nationalities, and Peoples’ (SNNP) regional states.

According to the Geological Survey of Ethiopia, there are 17 main locations in which potential coal resources have been identified which amounts over 360 million tons of coal.

Coal fossil fuel generates around 40 percent of the world’s electricity and about 25 percent of the world’s primary energy. 

Source :- https://www.ena.et/en/?p=9947