Ethiopian to off- load Harare
By Tesfu Telahoun
Zimbabwe’s once dynamic economy is capsizing
under four digit hyper inflation and is being exposed to secondary
shocks as the nation becomes more isolated from the mainstream
African and international arena.
In a move which serves to underscore the difficulties of operating
to and from Zimbabwe and to follow upon British Airways (BA),
which terminated its Harare route on Sunday October 2007, sources
strongly confirm that Ethiopian Airlines is also to pull out from
Harare as early as next week.
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Global Energy
to produce 40,000 tons of bio-fuel annually in Ethiopia
By Andualem Sisay
Global Energy Pacific, a Nevada, United States based international
company run by Israeli experts, has launched a bio-diesel factory
in southern Ethiopia on Friday, November 2, 2007.
When the company’s project that has four components begins
production, it will have the capacity of producing 250 tons of fuel
each day from caster beans and jantropha, which easily grow in the
Southern Nations, Nationalities and Peoples’ Region (SNNPR)
of Ethiopia.
 MORE
Ethiopia to earn 1.4 bln USD from horticulture
annually
By Andualem Sisay
Ethiopian Flower Growers and Exporters Association (EFGEA) has
set an ambitious target to generate 1.4 bln USD annually within
five years by expanding vegetable and fruits export inaddition to
the fast growing export of flowers.
Indicating its support to the plan introduced by Tsegaye Abebe,
President of EFGEA, at the first awards ceremony for exporters organized
by the government, Prime Minister Meles Zenawi said: “ We
share your target vision and will do whatever it takes to meet it.”
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