The Ministry of Finance and Economic Development (MoFED) is to find out
if it will obtain financial support for the Mojo-Hawassa (Awassa) toll road project from the Korean government in the coming two months, Capital learnt. Tilahun Tadesse, Director of Governments’ Cooperation Directorate of MoFED, told Capital that the ministry office that requested financial support from South Korea for the new expressway project in November 2011, believes support will be obtained shortly. “We informed them that we need to secure the finance straight away to enter into the project within a short period,” the director said. “Even though there needs to be political commitment from Korea, we expect to get final approval in two months time,” Tilahun added. The director indicated that the solicited money is substantial but he declined to disclose the exact amount. He also said that it is hard to determine how much progress has been made so far. The Ethiopian Roads Authority (ERA) is currently conducting a …
With only one defeat in eight weeks the second palced Adama Town travels to Sebeta, 25km from the capital to visit Mugher Cement while Ethiopian Coffee faces Sidama Coffee in Yirgalem today. After facing a shock home defeat to visitors Hara Brewery, Adama Town surrendered top spot to seat second on the table with 13 points from eight matches. With the visitors tasting the season’s first defeat today’s showdown against strong side Mugher Cement is dearly awaited among the football crazy town people. Two wins in a row to climb to 12 points from eight matches defending champion Ethiopian Coffee visits Sidama Coffee, not yet settled side compared to last year’s performance. The Coffee derby has become a famous showdown among the home fans and this is the first clash since Coffee from the capital took title for the first time in the league’s 14 years history. Three matches in hand yet galloping to the top Saint George is once again for an away match this time against Tsegaye Kidanemariam’s…
Hawassa, January 16 (WIC) – Sidama zone supplied 54 million kilogram of coffee to the central market during the first half of the budget year.
to Burka Bulasho, head of the zone’s marketing and cooperatives union,
over 39 million kilogram is supplied to private investors.
The remaining, 15.6 million kilogram is supplied to different cooperative unions operating in the zone. Burka expects the country to generate good revenue as the coffee is supplied at a rate of international market price.
present, in the Sidama zone of the SNNP region, 314 private and 48
cooperative unions are engaged in the processing and supply of the
internationally renowned coffee brand.
Due to its excellent soil,
ideal climate and high elevation ranging from 1,750-2,100 meters, the
Sidama region has become known for producing world-class coffee. Sidama
produces approximately 35,000 tons of high quality Organic Arabica beans
By the end of this budget year, around 290 unions and
Addis Ababa, Ethiopia – Hawassa City held St. George scoreless in Week 6 of the 2011/12 Ethiopia Premier League double header match played here today.
Meanwhile, Commercial Bank of Ethiopia (CBE) scored its first victory of the season when it defeated Dire Dawa City 1-0 in the day’s other match.
The victory lifted CBE 4 notches to 8th place. Today’s Results:
CBE vs Dire Dawa City 1-0
St. George vs Hawassa City 0-0
The league will continue tomorrow with the following fixtures: Sunday, January 1, 2012:
The Ethiopian Roads Authority (ERA) is currently conducting a feasibility study to construct a parallel toll road project that will stretch from Mojo to Hawassa (Awassa). The study will help to undertake detailed design work of the new expressway. It is being undertaken by ERA’s own staff. The Southern Nation, Nationalities and Peoples’ Regional State capital, Hawassa, is 200Km from Mojo Town. Mojo is 73Km east of Addis Ababa. The Addis-Adama toll road, which is Ethiopia’s first expressway, is currently under construction by China Communications Construction Co (CCCC) at a cost of USD 612 million. ERA had also plans to continue the Addis-Adama expressway further east to Awash; however it is not expected to be implemented within the next few years as the cost to construct this type of project is huge. “The traffic flow on the route from Mojo to Hawassa is increasing. This is the reason to start the feasibility study for the new expressway,” officials at the authority said. Even though the …