Ethiopia Growing Despite Shocks and Difficulties in Recent Years , Says TDB Group Chairman

Ethiopia’s economy has been growing resiliently despite the shocks and difficulties in recent years, Trade and Development Bank (TDB) Group Executive Management Board Chairman Admassu Tadesse told ENA.

The chairman said that Ethiopia “has been growing quite strongly and resiliently despite the shocks and difficulties in recent years.”

Citing the population growth in Africa, Admassu stated that the country will be one of the biggest markets within Africa as it is already very sizable with around 120 million people.

Elaborating on the massive economic reforms undertaken by the government, he pointed out that “Ethiopia has been doing the right thing. Very bold reforms that have been long-overdue; and I think there is exciting development in the financial sector. We hope that will continue so that Ethiopia can actually unleash the true power of the financial sector.”

For Admassu, Ethiopia has very good commercial banks and they can scale up quickly and be part of the solution that everybody is looking for.

Further noting that the realization of the African Continental Free Trade Area (AfCFTA) is crucial for African integration and unleashing the opportunities in each country, the chairman noted that Ethiopia is part of a continent which is integrating, and being part of the collective is significantly important.

Recall that the Ministry of Trade and Regional Integration recently affirmed that Ethiopia is intensifying efforts to increase its export destinations across the continent as AfCFTA brings new opportunities to realize its ambitions.

Proponents of the AfCFTA underline the enormous opportunities of the free trade area, among others, increasing economic growth, forex generation, growing flow of FDI, and creating jobs.

So, the reforms that have been embarked upon in the past couple of years by Ethiopia are definitely the right way to go, Admassu stressed.

The banking sector and the economic sector as a whole is going to be part of that integration. Every African country has the duty to do its part to link up and to create a better value proposition for the continent as whole, according to the group president.

By eliminating barriers to trade in Africa, the objective of the AfCFTA is to significantly boost intra-Africa trade, particularly trade in value-added production and trade across all sectors of Africa’s economy.

Source: Ethiopian News Agency

Africa Needs Deeper Linkages to Become Champion in Trade, Investment in Global Market: State Minister of Trade

Africa needs deeper linkages employing its opportunity to champion in trade and investment of the global market, Trade and Regional Integration State Minister Endalew Mekonen said.

Addressing the Africa trade and investment summit held in Addis Ababa today, State Minister of Trade and Regional Integration Endalew Mekonen said “Africa can be an opportunity of champion related to trade and investment in a global market.”

He added it is important that Africa goes to deeper and deeper particularly into continental market linkage among African countries such as AfCFTA.

Similarly, CEO of Investment Center of Africa, Abdinasir Turky said Africa is the land of opportunities where creating conducive environment is crucial to unlock such opportunities, he pointed out.

For the CEO, the summit is pivotal to exchange information, and discussing on trade and investment opportunities in African countries as whole.

Strong business environment partnership is also instrumental to realize the continent’s economic ambitions, he noted.

State Minister of Industry Hassan Mohammed for his part mentioned the reform agenda which has been key in easing doing business in Ethiopia.

‘Let Ethiopia Produce’ movement is also one of the recent initiatives which is being undertaken by the government to promote the ample investment opportunities in the country, he indicated.

Invest in Ethiopia’s manufacturing, mining, agriculture and other emerging sectors and opportunities and economic challenges shaping Africa’s future were among the points of discussion at the one-day summit.

Source: Ethiopian News Agency

Portuguese government to double scholarships for PALOP countries

The Portuguese government will double, as of next academic year, the number of scholarships for bachelor’s and master’s degrees for Portuguese-speaking African countries (PALOP), announced Monday in Luanda Province, the Prime Minister of Portugal, António Costa.

António Costa, who is on a 48-hour working visit to Angola, was speaking during a press conference, which was also attended by the Angolan Head of State, João Lourenço.

Without informing the current number of scholarships, particularly for Angola, the Head of the Portuguese government said that there is a 30% increase in the value of the scholarships, which will translate into an increase in the scholarships granted to Angolan students at Portuguese universities.

Regarding higher education, António Costa said that his government will continue to invest in the Portuguese School of Luanda and also in the development of branches outside the capital.

“We’ll make investments in order to serve a greater number of students who want to follow the Portuguese curriculum”, he stressed.

In the presence of the two dignitaries, as part of António Costa’s visit agenda, on Monday Angola and Portugal signed 13 new legal instruments in the sectors of finance, fisheries, construction, staff training, public administration and the port.

Angola, Cape Verde, Guinea-Bissau, Mozambique and Sao Tome and Principe are part of the PALOP countries

Source: Angola Press News Agency (APNA)

Rights Groups Urge Malawi to Stop Forced Refugee Relocations

An international rights group is asking the Malawi government to stop the forced relocation of 8,000 refugees living outside a congested camp.

Human Rights Watch says it is concerned by reports that children are among those caught up in the sweeps and forcibly taken to a prison in the capital, Lilongwe. The rights group says the forcible relocation violates international conventions for refugees which Malawi ratified.

Idriss Ali Nassah, who is with Human Rights Watch covering Malawi, Zambia and Zimbabwe, told VOA the relocation of refugees is troubling.

“There are reports of this raid being carried out by military men and the police, who are arresting indiscriminately women, children and the elderly and taking them first of all to Maula maximum security prison in Lilongwe,” he said. “Not only are the authorities committing abuses during arrests and detaining children, but forcibly removing people from their homes amounts to unlawful forced evictions.”

Nassah said his organization has learned that 20 refugees and asylum-seekers at Maula Prison and Dzaleka refugee camp were allegedly assaulted during raids and that their money was taken.

Last week, Malawi police arrested two police officers for soliciting money from seven refugees from Burundi to spare them from forcible evictions.

Malawi started the forcible relocation last month following the expiration of the April 15 deadline the government gave the refugees to voluntarily relocate to the camp.

The government said by staying outside the camp, the refugees threaten national security. In addition, the encampment policy prohibits refugees from staying outside the camp.

Nassah said the policy contradicts agreements that the Malawi government ratified.

“But this is contrary to what Malawi itself endorsed in 2018 when it endorsed a Global Compact on Refugees, which seeks to include and integrate refugees into host communities,” he said. “Because by doing that, you allow refugees to become self-reliant if they are permitted to have access to education, labor market, access to entrepreneurship, and they contribute to the development of host communities and local economies.”

Dzaleka, the only refugee camp in Malawi, was meant to house 12,000 refugees and asylum-seekers, according to UNHCR. Instead, the camp holds more than 50,000 refugees from the Democratic Republic of Congo, Burundi, Rwanda, Somalia and Ethiopia.

Several rights groups in Malawi and abroad, including the U.N. refugee agency, have asked Malawi to stop the relocations due to the congestion.

Patrick Botha, spokesperson for the Ministry of Homeland Security in Malawi, told VOA that the refugees outside the camp have long posed a security threat and need to be confined to the camp.

“The position of the Malawi government is that this is a necessary exercise,” he said. “Actually, you have seen that some of the people we are talking about have been found with illegal documentation in South Africa — the case of this Rwandese who is suspected to be a mastermind of the genocide.”

Botha said the recent arrest of a Rwandese national in South Africa who was allegedly using a Malawian passport has fueled the Malawi government to intensify relocation efforts.

However, Botha said refugees that are kept in a prison are not subjected to prison conditions.

“We are using Maula premises not as a way of imprisoning them. Actually, we are using the Maula premises as the center for screening,” he said. “So, depending on what comes out of the documentation — they are either … sent back home, if they have legitimate papers of documentation.”

Nearly 2,000 refugees have relocated to the Dzaleka camp, where some refugees have told VOA they are living under dehumanizing conditions with no food, running water and shelter.

The World Food Program told VOA that the relocation exercise adds pressure on its already strained food assistance for Dzaleka camp refugees.

Source: Voice of America

Ethiopia, Brazil Vow to Elevate Bilateral & Multilateral Diplomatic Ties

Ethiopia and Brazil have reaffirmed the respective commitments of their governments to further enhance the longstanding diplomatic relations, according to Ministry of Foreign Affairs.

Deputy Prime Minister and Foreign Minister Demeke Mekonnen, earlier today received Brazilian Foreign Minister, Ambassador Mauro Vieira at his office.

During the occasion, Demeke stressed that it is high time to elevate Ethio-Brazilian relations as the opening of Ethiopian Embassy in Brasilia is aimed at bolstering relations between the two countries.

The deputy prime minister and foreign minister also thanked the Government of Brazil for supporting sustainable forest management, cotton productivity, and soil protection projects in Ethiopia.

Ethiopia and Brazil could further cooperate in the areas of investment, aviation, tourism, agriculture, manufacturing, environmental protection, mining and renewable energy, Demeke noted.

Brazilian Foreign Minister, Ambassador Mauro Vieira for his part expressed his government’s readiness to support sports and other sectors parallel to advanced mutual interests in bilateral and multilateral venues.

Accordingly, the dignitaries have also agreed to conduct political consultations subsequently.

Source: Ethiopian News Agency

Malawi must stop dumping refugees – Human Rights Watch

A campaign group says Malawi has disregarded basic human rights by detaining and forcibly relocating refugees and asylum seekers across the country, in what it calls its “encampment” policy.

Malawi’s government has not responded to the claims of abuses.

But Human Rights Watch (HRW) is calling on the government to reverse its actions, and bring back the 902 people who it says were last month rounded up and taken to Dzalek refugee camp 40km (25 miles) from the capital, Lilongwe.

During that process, HRW alleges that many people had their businesses forcibly closed and were held in prisons before being taken away. The rights body also says there are reports of child refugees being held in jail and other refugees suffering beatings and having their property stolen.

“Not only are the authorities committing abuses during arrests and detaining children, summarily removing them from their homes amounts to unlawful forced evictions,” alleges HRW’s senior Africa researcher Idriss Ali Nassah.

Source: BBC