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Promoting Win-Win Synergy between public and private sector- Via Seven Principles of Success of 7Es: Education+Empowerment+Energy+Ecology+Economy+Enterprises!
Dear Patriotic Global Citizens and Friends of Ethiopia+UK+USA:
Re: Ethiopia's Grant and Credit from World Bank Approved!
As the European New Year approaches and the Ethiopian Millennium is advancing, Ethiopia is improving its relationship with International, Global and Bilateral institutions across the world.
The recent World Bank release of $256 million for health and power line is rather a welcome development. It is too little too late but it is a welcome development considering just two years ago in 2005 Post National Election Fiasco, there was a serious consideration of reducing and even blocking these critical loans from international institutions such as the world Bank.
With the advent of President Bush Visit to Addis next year, it is hoped that the dark days of Jimmy Carter will never be repeated again. Ethiopian and US relations and for that matter Ethiopia's Millennial Agenda of Transformation for building Peace and Prosperity will be realized in our time.
Here is a good news that was positively discussed in last week's Hager Fiker Radio (Voice of the Patriots) at 1120 AM radio that can be heard on www.hagerfikerradio.com.
It is said that Ethiopia has two natural treasures, the White Oil- the River Fountains and the Black Gold "Special Ethiopian Abol Coffee of Harar, Sidamo and Yirgachefe"
It seems the White Oil is getting some funding for development and the recent Starbucks deal will open new opportunities for the Black Gold- Coffee Market.
The question is now, marketing Ethiopian Service/Culture and Products in a manner that is compatible with the standards of the Global Competitive Market.
That should be the challenge of the New Millennium.
Happy European New Year and Ethiopian Christmas on 07 January 2007
Dr B
W.Bank $256 mln for Ethiopia health, power line
Fri 21 Dec 2007, 10:42 GMT
[-] Text [+] ADDIS ABABA (Reuters) - The World Bank said on Friday it had approved $256 million in grants and credit to help Ethiopia boost basic services like health and education, and aid power transmission to Sudan.
"Of the total, $215 million is International Development Association (IDA) grant to Ethiopia to continue promoting basic services," the bank said in a statement from its office in Addis Ababa.
"The remaining $41.05 million is credit to Ethiopia to help finance its portion of a new transmission line connecting Ethiopia to Sudan's power grid," it added.
"The project will enable Sudan to replace domestic thermal generation with surplus hydropower surplus from Ethiopia."
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