Sheba Miles and Lufthansa Miles and More enter into partnership

Ethiopian Sheba Miles and Lufthansa Miles and More have entered into partnership agreement to allow their frequent flyers enjoy privileges in both airlines services.
The partnership between Ethiopian's Sheba Miles and Lufthansa Miles and More is launched on October 28, 2007. Effective the same date Sheba Miles members can utilize services of Lufthansa to earn and spend award miles on all its international and domestic scheduled flights.
The partnership of the two airlines allows Sheba Miles members to accumulate their miles on Lufthansa's flights and Ethiopian to issue award tickets for Sheba Miles members on Lufthansa flights. The partnership will enhance Ethiopian's Sheba Miles Services.
It's to be recalled that Ethiopian and Lufthansa signed a code-share agreement in June 2007. (Press Release)

Tigray State expects over 15 percent economic growth, says Chief Administrator

Tigray State expects over 15 percent economic growth in 1999/2000 E.C., Chief Administrator of the state disclosed. Chief Administrator Tsegay Berhe said in his report presented at the 7th regular conference of the state council that kicked off in Mekelle on October 29 that the growth registered in the previous year was 15 percent and better than the growth registered at national level. The state expects to at least repeat the last performance, he added.
Accordingly, over 472,870 households in rural kebeles of the state have been improving productivity by engaging in various family-based packages, he indicated.
Some 108 million birr loan has been disbursed among 34,000 associations of micro and small-scale enterprises with a view to mitigating unemployment in towns.
With regard to investment, development projects with an aggregate capital of 2.6 billion birr have been licensed thus creating close to 20,000 permanent jobs, the Chief Administrator added.
The primary education coverage of the state has reached 104.8 percent, according to him. (WIC)

IRISH BUSINESS DELEGATION VISIT ETHIOPIA

A Business Delegation of nine people from Ireland, organized by Connect Ethiopia - the Irish based business charity - a new initiative to create and develop trade and business partnerships between Ireland and Ethiopia "exceeded expectations according to Executive Member Philip O'Dwyer.
"We continued our programme of engaging in different business sectors in Ethiopia, focusing on this trip on Law, Banking, Micro-finance, Insurance, Tourism, E-commerce, Textiles and Photography", O'Dwyer mentioned.
"A series of seminars were held across Addis Ababa for the owners of business under these headings, conducted by senior executives and business owners from corresponding Industries in Ireland. Over 100 meetings were conducted with business owners, industry associations and Government Officials across the sectors. A highlight of the trip was the meeting between the Lawyers Committee of Connect Ethiopia and the Minister for Justice, H. E. Assefa Kessito,"O'Dwyer said.
At the meeting, attended by Irish International Lawyer, Philip Lee, the proposed assistance of the Irish legal profession in the training of the judiciary, prosecutors and anti-corruption officials was discussed. (Press Release)

Investors with 2 billion birr capital licensed in Amhara State

Investors with two billion birr registered capital have been licensed in Amhara State during the past three months alone, the state Trade and Industry Bureau said.
Bureau Public Relations Department Head, Aynalem Belete, told WIC today that 282 projects were licensed from July up to September.
The licensed projects focus on agriculture, industry, construction, social services delivery, hotel and tourism.
The investment flow during the reported period exceeded that of same period last year by 76 percent, according to the head.
He attributed the growth to the efficient services provided for investors by opening up branch offices at zonal levels as well as solving land-related problems.
The head further attributed the growth to increased flow of investors to the state for the millennium celebration and the promotional works carried out by senior officials of the state abroad.
Upon going fully operational, the projects would create over 32,100 casual and permanent jobs, it was learnt.
Investors in the state have so far created job opportunity to more than 94,000 compatriots, the head noted. (WIC)

ERA executes road projects worth over 1 billion Birr

The Ethiopian Road Authority (ERA) said it has executed various road constructions, maintenance and upgrading works at a cost of over a billion birr during the past three months.
Information and public relation service head with the authority, Samson Wondimu told ENA on Tuesday that over 3,151 Kms roads have already been accomplished in various parts of the country in the reported period.
Samson said the works include among other rehabilitation of 22.2 kms, upgrading of 46.4 kms main avenues and 36.8 km upgrading of convergence roads.
The head said the construction of 46 .7 km convergence roads and 58 kms seasonal, 983 km regular as well as 24 km in term maintenance works have been carried out in the reported period.
The head said the term maintenance performance was low since all the projects were in the auction process. (ENA)

Team Approach to bring diaspora investments

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