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Ethiopia’s surface water potential is estimated at 122 billion cubic metres per annum, which is one of the highest in the sub-Saharan Africa. Despite the potential of water supply sources, Ethiopia is among the countries with least access to drinking water supply for the population. Currently, the national water supply coverage is about 52pc while that of Addis Abeba is 73pc.

The Addis Abeba Water and Sewerage Authority (AAWSA), the sole entity responsible for providing water to the city, produces a total of 301,000 cubic metres of water per day from Legedadi and Gefersa treatment plants, and from water wells found in the city while the daily water demand of the city is estimated at 450,000 cubic metres.

As a result, the demand is observed to exceed the supply by about 27pc and the distribution network reaches only about 73pc of the needy area. Moreover, about half the population has less than 12 hours per day of water service, and a quarter have no service at all. As of July 2011, the authority had about 350,000 customers connected to its water supply system whereas most of the   unserved people live at the periphery of the city, which has been incorporated into the city administration in recent years. More Here


Drought, Inflation Force Gov't into $ 94m Wheat Buy


The Ethiopian Grain Trade Enterprise (EGTE) has signed a 94 million dollar contract with Agrimpex Company Limited for the supply of 300,000tn of milling wheat two weeks ago, sources disclosed to Fortune.


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Labour Board Summons CEO over ET Dispute

The Federal Labour Affairs Board has extended the hearings in a labour dispute between the Ethiopian Airlines Basic Labour Union and management by an additional week to allow for further negotiation between the two parties, a decision made in a hearing held on August 12, 2011.


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Addis Abeba Hopes to Host Digital Summit

The 10th annual Innovation Africa Digital Summit will be held in Addis Abeba from March 27 to 29, 2012, according to the Ministry of Communication and Information Technology (MCIT).


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Twin Leather Institutes, Twine Knowledge, Raw materials

The Central Leather Research Institute (CLRI) in collaboration with Footwear Design and Development Institute (FDDI) is to start on a twining programme for the Leather Industry Development Institute (LIDI) of Ethiopia as of August 15, 2011, following the submission of the proposal on August 6, 2011. 


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Petroleum Enterprise to Import South African Coal

The Ethiopian Petroleum Enterprise (EPE) is to import coal from South Africa with the aim of securing a sustainable supply of coal as an alternative source of energy for cement factories in Ethiopia, Fortune has learnt.


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Ten Million Birr for 384sqm Plot

Bole District has announced on August 2, 2011, the names of the highest bidders for plots at an open auction held on July 1, 2011. located near the Millennium Hall off Africa Avenue.


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Wegagen Selects Developers for New HQ

China Jiangxi Corporation for International Economic and Technical Cooperation (CJIC) has been awarded a contract to construct the headquarters of Wegagen Bank, which will be situated by National Stadium on Ras Mekonnen Street, at a cost of 733 million Br.


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Heineken Celebrates Market Entry

Heineken officially entered the Ethiopian beer market on Thursday, August 11, 2011, commanding an 18pc share of the market.


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Textile Sector Nets $62.2m

Ethiopia’s textile sector has collected 62.2 million dollars from exports during the 2010/11 fiscal year.


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Ethiopia Drafts WTO List of Trade Goods

Ethiopia, which applied for World Trade Organisation (WTO) accession in 2003, is to send a list of goods and services that the country wishes to open its doors for negotiations to offer WTO members in a couple of weeks.


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City Focuses on Arat Kilo Redevelopment

The Addis Abeba City Administration has decided to auction 30 plots of land in the Basha Wolde Chilot neighbourhood on Niger Street. The area occupies a total of 30,284sqm according to a recent study on urban planning, conducted by the city administration last week.


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10m Br Facelift for Wollo Sefer

Wollo Sefer's roadside in Kirkos District's are to undergo a massive facelift stretching from Ethio-China Friendship Avenue to Alexander Pushkin Square a.k.a. Sarbet; a project that will cost the Addis Abeba City Administration 10 million Br.


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Experience of Micro and Small Enterprises

Governments and development organisations have designed support programmes that encourage Micro and Small Enterprises (MSE) as vehicles for climbing out of poverty. The Addis Abeba City Administration has also been engaged in MSE development, in an effort to help cut urban unemployment. Still, MSE programmes are in need of refinement in order to ensure sustainability, writes MAHLET MESFIN, FORTUNE STAFF WRITER.


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Summering in Addis Abeba

Ethiopia’s kiremt, rainy season, takes place when much of the world is on summer holiday. The Ethiopian Diaspora use their summer breaks to visit their homeland, while tourists from different corners of the world come to enjoy the cooler weather and the plethora of urban venues, giving local businesses a boost, writes HADRA AHMED, FORTUNE STAFF WRITER.


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Common Approach to Boosting

Food Security

World food security, Common Agricultural Policy (CAP) Reform and sustaining the agriculture budget in the European multiannual financial framework lasting from 2014 to 2020 are some of the numerous challenges that the Romanian European Commissioner for Agriculture and Rural Development, Dacian Ciolos, faces. Educated in Agricultural Trade from the University of Rome and in office since 2009, he leads the green policies of European Commission in Brussels, Belgium.

When speaking of CAP, a comprehensive agricultural reform programme that eats close to 40pc of the EU’s budget, Ciolos reiterates that this remains the only community policy of the EU, in an interview organised by (Italy) in partnership with Fortune (Ethiopia), Sud Quotidien (Senegal), Les Echos du Mali (Mali) and Le Républicain (Niger).

Africa, a continent where both farmers and consumers see the CAP as a thorn in the eye, hopes that Europe will finally do something to guarantee equal access to food. Ciolos affirms that this could only be realised if the world collaborates in controlling agricultural commodity price speculation that threatens food security and undermines the fight against poverty.


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