A FIRST LADY’S BOUQUET
By Groum Abate
Khadra Mohammed, First Lady of Djibouti, has received the 20 hectares of land in the Sebeta area for a flower farm, on Tuesday July 22, 2008 from Alemu Sime, Investment Bureau Head of the Oromia Regional State.
The First Lady received the plot on behalf of her son Ayinashe Omar Guelleh, whom it was learnt, plans to engage in the booming flower sector. Floriculture already earns Ethiopia over 150 million dollars annually.
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Tripartite Agro Pact
By Abiy Demilew
The Israel Center for International Cooperation (MASHAV), the Ethiopian Ministry of Agriculture and Rural Development (MoRAD) and German International Cooperation (GTZ), have signed a memorandum of agreement (MoE), on Friday, July 25, 2008, here in Addis, on the development of agricultural productivity in the nation.
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MIDROC adds floriculture to menu
By Muluken Yewondwossen
GITTU Horticulture plc, a new sister company of MIDROC Ethiopia Technology Group, owned by Ethiopian born Saudi business-tycoon Sheik Mohamed Hussein Al-amoudi, has purchased a 49 hectare farm from Prince Vegetable and Ethio Dream to invest on flower, vegetable and fruit farming.
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City Roads Authority utilizes 4.4 bln br
By MulukenYewondwossen
Since its establishment ten years ago, the Addis Ababa City Roads Authority (AACRA) has spent over 4.62 billion birr for road construction and renovation projects, acquired from the Ethiopian Roads Fund (ERF) and the City Administration. ERF allocated 197 million birr while the balance amount came from the Administration.
At a press conference held on July 25, 2008, Fekade Haile, general manager of AACRA, told journalists that the metropolis has been networked with 1049 kms of asphalt road of seven meters width.
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