News in Brief

Committee Discuss on how to Integrate Ethiopia into BRICS Activities

ADDIS ABABA – Ethiopia’s BRICS Senior Officials Committee deliberated on how to integrate the country into the bloc activities.

The committee, whose members are drawn from various federal institutions, held its second session on Thursday.

The meeting at the Ministry of Foreign Affairs deliberated on how to integrate Ethiopia into the BRICS activities and ensure mutual benefits.

The senior officials also discussed ways to best serve Ethiopia’s national interests under the BRICS framework, the Foreign Ministry says. The senior officials committee reports to the Ethiopian BRICS National Ministerial Committee.

Ethiopia joined the BRICS economic alliance after receiving an initial invitation at the bloc’s 2023 annual summit.

The East African nation plans to actively participate in BRICS with a primary focus on fostering partnerships and collaboration for development, people-to-people relations, and supporting the strengthening of the multilateral system.

Japan Grants $10mlm in Emergency Aid to the Horn of Africa

Addis Ababa – Japan announces a 10 million US dollar emergency grant to support three Horn of African countries hit by recent floods.

Ethiopia, Somalia, and Kenya of these countries were hit particularly hard by the floods that occurred from October to December in 2023.

The Embassy of Japan in Addis Ababa says the Emergency Grant Aid will provide shelter provision, water and sanitation through international organizations.

In Ethiopia, Japan allocates a 5 million grant for three UN agencies and the International Committee of the Red Cross (ICRC).

The UN Refugees Agency UNHCR received two million US Dollars. The remaining $3 million is equally shared by the International Organization for Migration (IOM), the UN Children’s Fund (UNICEF), and the ICRC.

Public industrial Parks Create 27,000 Jobs created

More than 27,000 new jobs have been created in the last six months inside the state-owned industrial parks, their managing Corporation says.

Industrial Parks Development Corporation (IPDC) is evaluating its performance for the first half of the 2023/24 fiscal year in Dire Dawa.

Officials say new existing investments in the IPs created over 27,000 new job opportunities in the last six months. About 85% of the newly hired Citizens are young women, per the IPDC.

The IPDC currently manages 12 industrial parks and the Dire Dawa Free Trade Zone.